April 2024

March 2024 Market Update Palm Beach County

The March 2024 Market Update for Palm Beach County indicates that as the moving season draws near, inventory is increasing. Palm Beach County's property listings have risen to 5,066, marking a 30.7% increase from last year. The county now has a 4.4-month supply of inventory, up 37.5% as buyers evaluate their options. The average sale…

Florida’s Home Insurance Crisis May Be Over Soon, According to Analysts

Florida's home insurance crisis may have peaked, and the hope is that with more competition, rates will be more reasonable. Insurers express optimism about Florida's home insurance market, noting a slowdown in rate increases in late 2023. However, uncertainties persist, especially regarding the potential impact of a major hurricane. Despite significant rate hikes over 18…

The Florida Insurance Market Welcomes Its Eighth New Property Insurer

The Florida Insurance Market is expanding, as yet another property and casualty insurer has gained approval to do business here. This makes the eighth new insurer to come to Florida following legislative reforms aimed at stabilizing the market, according to state insurance regulators. The Florida Office of Insurance Regulation (OIR) announced the approval of Ovation…

REALTORS® Earn Their Compensation

REALTORS® Earn Their Compensation from the day you bring them on board to the day of closing - and beyond, with repeat clientele. After you read this comprehensive accounting of everything your REALTOR® does, you will understand why so many people have close relationships with their REALTOR®. Click here to explore the range of tasks…