Court decision: Fla. cities can fund solar energy

TALLAHASSEE, Fla. – Oct. 9, 2015 – The Florida Supreme Court ruled last week that Florida municipalities may issue bonds to fund "property assessed clean energy" (PACE) programs. PACE programs provide up-front financing to commercial property owners … [Read more...]

Few owners switch ins. through clearinghouse

TALLAHASSEE, Fla. – Oct. 2, 2015 – By early 2016, four more insurers are set to join 14 others in a clearinghouse that boots renewing customers out of state-run Citizens Property Insurance Corp. if a private carrier offers coverage for the same price … [Read more...]

TaxWatch: Fla. ranks 48th in state tax comparison

TALLAHASSEE, Fla. – April 28, 2015 – Florida's per capita state government tax and revenue collections are at their lowest points in decades, according to the state's fiscal watchdog, Florida TaxWatch. The group's latest report, "How Florida … [Read more...]

Average rate on 30-year mortgage slips to 3.65%

WASHINGTON (AP) – April 24, 2015 – Average long-term U.S. mortgage rates are down slightly this week and remain near historic lows. Mortgage giant Freddie Mac says the national average for a 30-year fixed-rate mortgage slipped to 3.65 percent from … [Read more...]

Another reason to buy now: Rents going up again

NEW YORK – April 24, 2015 – CEOs of the largest companies renting out single-family homes say they plan to raise rents up to 5.7 percent this year, as they switch their focus from buying more properties to optimizing revenue from the thousands of … [Read more...]

1 in 3 Americans say real estate the best investment

NEW YORK – April 24, 2015 – For the second year in a row, the largest percentage of Americans surveyed by Gallup (31 percent) said that real estate as the top long-term investment – a sign of mounting confidence in the housing recovery. Real … [Read more...]

New-home sales fall in March

WASHINGTON (AP) – April 23, 2015 – Sales of new U.S. homes plummeted in March, as the spring buying season opened with sharp declines in the Northeast and South. The Commerce Department said Thursday that new-home sales fell 11.4 percent last … [Read more...]

RealtyTrac: Fewer Fla. homeowners are underwater

IRVINE, Calif. – April 23, 2015 – RealtyTrac's U.S. Home Equity & Underwater Report for the first quarter of 2015 finds that Florida continues to see more homeowners emerge from underwater status, where they owe more on the mortgage than their home's … [Read more...]