Maverick

Home sales are down more than 17% from a year earlier in Miami, nearly six times the national decline, according to March data from Redfin Corp. Properties now spend a median of almost 100 days on the market, more than twice the US rate and a sign of waning demand. In the rental market — which is more likely to cater to undocumented migrants and le... See more

Miami, like much of the US, had already been seeing a real estate slowdown driven by higher mortgage rates and record prices. South Florida was also hard hit by soaring insurance costs and condo maintenance fees, as well as the inevitable comedown after the pandemic-induced relocation frenzy that made the area a magnet for new arrivals.

Now, convers... See more

Texas experienced a 27% increase in premiums over just three years, according to the Dallas Morning News. The national average increase? $648. Insurers hiked rates in 95% of ZIP codes, costing U.S. homeowners an estimated $21 billion more in 2024 compared to 2021, as noted by the report.

National REIA’s Monthly Government Affairs Update... "DOGE is moving from department to department uncovering a variety of appalling failures ranging from 20K dead people receiving Social Security checks to fraudulent contractors and organizations." "National REIA Leaders were on Capitol Hill with our housing partners, members of the Housing Coalit... See more