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Today’s News June 14, 2019

– Commercial RE executives bullish on U.S. market While an economic slowdown seems possible, commercial polled don’t appear fazed and anticipate significant investment money from China, Canada and even Mexico. More economists predicting interest rate cut A Wall Street Journal poll of 46 economists found that 75% expected a...

Today’s News June 13, 2019

– Citizens insurance grapples with AOB lawsuits While assignment-of-benefit reform should lower insurance costs, Citizens still faces 14K lawsuits – and some fear people will find new ways to work the system. A condo doesn't allow pets – what about service animals? Legal QandA: An owner who rents out...

Today’s News June 12, 2019

– Remodeling: Labor shortage creates frustration and adds time The construction industry has about 300K unfilled jobs and is projected to need 747K more workers by 2026. Demand is high and remodelers have the upper hand. 3 out of 4 millennials think they know how to sell a home...

Today’s News June 11, 2019

– Fla. economy poised for long, positive run Wells Fargo report: Fla. economic growth continues to outpace the nation this year and is “particularly noteworthy given the severity of the Great Recession.” NAR submits legal support for association health plans Association Health Plans (AHP) can offer low-cost, high-coverage to...

Today’s News June 10, 2019

– Fannie Mae: Green buildings save renters $145 per year Report: 550K renters saved $72M over six years because their units had energy-efficient lightbulbs, low-flow toilets and green heating and cooling systems. Gov. DeSantis signs bills on open permits, online notaries Open and expired permits can delay closings, but...

Today’s News June 7, 2019

– Will the Fed cut interest rates this month? It appears that a gloomy economic outlook and trade tensions might coerce the Fed into lowering interest rates, which directly impact ARMs and, indirectly, FRMs. 2 Fla. metros in top 10 'best markets for homebuyers' A Realtor.com study of homes...

Today’s News June 6, 2019

– Fla. real estate license fees cut 50% for two years Gov. DeSantis and DBPR joined FREC in announcing the fee change for 200,000 licensees in Florida. The temporary reduction, which ends after March 31, 2020, lowers renewal fees by 50% for real estate brokers, sales associates and broker...

Today’s News June 5, 2019

– The essential guide to hurricane preparedness It’s day six of the 2019 Atlantic Hurricane Season: Do you know where your batteries are? It’s also the last day to save on hurricane supplies’ sales taxes. Builders release list of their top legislative priorities NAHB is meeting lawmakers in Washington...

Today’s News June 4, 2019

– Congress extends flood insurance through Sept. It’s the 12th extension in 12 years and now runs through Sept. 30. However, House and Senate leaders from both parties expressed optimism about long-term talks. $19.1B disaster aid bill ready for president's signature The money will help Americans hurt by recent...

Today’s News May 30, 2019

– NFIP flood insurance extended through June 14 Yesterday afternoon it appeared that the National Flood Insurance Program would expire at midnight today because it was attached it to a troubled disaster relief bill – but lawmakers gave it a last-minute, two-week extension. Mortgage rates fall below 4% –...