HVAC Maintenance Tips

It is critically important to maintain your HVAC in Florida.

Heating, ventilation, and air conditioning, also known as “HVAC”, is a vital component of your home’s comfort and energy efficiency. Of course here in South Florida, when we hear the term HVAC, we are mainly referring to air conditioning. Given the warm and humid tropical conditions throughout the Sunshine State, it is important to ensure… Continue reading HVAC Maintenance Tips

Florida: The Most Fun State In 2024

Not surprisingly, Florida was recently ranked as the most fun state!

WalletHub recently crowned Florida as the most fun state in the United States. Known for its beautiful beaches, theme parks, and vibrant culture, The Sunshine State has long been a popular destination for tourists. However, this new title suggests that the state offers far more than just sun and sand. To determine the most fun… Continue reading Florida: The Most Fun State In 2024

Federal Reserve Interest Rate Cuts and Mortgage Rates

Given rhe recent economic data, it is likely that the Federal Reserve will lower the key interest rate.

There is no doubt that the U.S. economy has experienced various challenges over the past several years. In fact, just this week the U.S. Bureau of Labor Statistics reported that it revised down its estimate of total employment in March 2024 by 818,000 jobs. This is the largest such downgrade in 15 years. Essentially this… Continue reading Federal Reserve Interest Rate Cuts and Mortgage Rates

Florida Wages Increase

Florida wages have increased the most with the exception of Montana since 2019.

After accounting for ther perstently high inflation of the past 4 years, the typical U.S. worker’s pay is about the same as it was in late 2019. However, some areas with labor shortages and an increase in remote work have seen wages rise sharply. In a recent study examining wage growth across the United States,… Continue reading Florida Wages Increase

A Decline In New Home Construction

Like the overall housing market, new home construction has seen a significant slowdown.

The U.S. housing market is showing signs of cooling down. New data released by the U.S. Census Bureau and the Department of Housing and Urban Development revealed a significant drop in housing starts for July 2024. This marks the fifth consecutive month of decline, indicating a potential slowdown in the residential home construction industry. Key… Continue reading A Decline In New Home Construction

A Slight Relief In The Hurricane Forecast

A slight downward shift in the hurricance forecast is welcome news.

If you live in Florida or in a coastal city in the southeast region, then you are quite familiar with the Atlantic hurricane season. Although the season goes from June 1st through November 30th, the peak period is between August and October with the height of the hurricane season being mid-September. Needless to say, the… Continue reading A Slight Relief In The Hurricane Forecast

More Floridians Are Opting Out Of Property Insurance

We are seeing a surge of homeowners opting to self-insure.

Florida, renowned for its beaches and warm weather, is now making headlines for a more alarming reason: a growing number of homeowners are opting to go without property insurance. This risky gamble also known as “going bare” is a direct response to skyrocketing premiums, a consequence of a perfect storm of factors including increased hurricane… Continue reading More Floridians Are Opting Out Of Property Insurance

America’s Renter Population Is Growing

The demand for rentals could increase for the foreseeable future.

According to a recent Redfin report, the renter population in the United States is booming. In fact, the renter population has been expanding at a much faster pace than the homeowner population. The number of renter households in the United States surged by 1.9% year-over-year in the second quarter of 2024, hitting a record high… Continue reading America’s Renter Population Is Growing

2024 Back-To-School Sales Tax Holiday

The Florida Back-To-School Sales Holiday is a great chance to save some money!

It’s that time of year again! The Florida Department of Revenue has announced the dates for the 2024 Back-to-School Sales Tax Holiday. From Monday, July 29th to Sunday, August 11th, Floridians can enjoy significant savings on essential back-to-school items. Although the list of items includes many typical things such as notebooks and folders, it also… Continue reading 2024 Back-To-School Sales Tax Holiday

Florida Housing Market: Inventory Up, Prices Moderating

Increasing housing inventory and easing prices are welcome news for home buyers.

Florida’s real estate market is experiencing a notable shift. According to the latest data from Florida  Realtors®, the Sunshine State is seeing a rise in housing inventory while median sales prices are moderating compared to the previous year. This marks a significant change from the red-hot market conditions that have prevailed in recent years. A… Continue reading Florida Housing Market: Inventory Up, Prices Moderating