Anthony Acevedo Anthony Acevedo

Florida Insurer Growing as 3 Private Insurers Cancel Policies

State-owned Citizens Property Ins. is growing rapidly, and Florida insurance regulators recently authorized “extraordinary” terminations for thousands of homeowners insured by Universal Insurance of North America, Gulfstream Property & Casualty and Southern Fidelity.

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Anthony Acevedo Anthony Acevedo

Court Strikes Down Eviction Ban

U.S. District Court Judge Dabney L. Friedrich of the District of Columbia struck down a nationwide eviction moratorium Wednesday, calling it unlawful. Friedrich's ruling applies nationwide.

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Anthony Acevedo Anthony Acevedo

Housing Market Reaches Record-High Home Price and Gains in March

The median existing-home sales price in March rose by a record-breaking annual pace of 17.2% to a historic high of $329,100, with all regions posting double-digit price gains. The median existing-single-family home sales price jumped 18.4% to $334,500, both historic highs.

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Anthony Acevedo Anthony Acevedo

Florida Home Sales and Prices Up, Inventory Tight in March

Florida Realtors®’ data: Single-family home sales rose 23.3% year-over-year, median sales price up 18.9%; condo sales up 52.6%, median price up 15.2%. The coronavirus was first detected in Florida on March 1, 2020; therefore, last March’s data was the first to reflect the pandemic’s impact.

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