Entries by Toby Tobin

Fla. Housing Market: Positive Trends Continue in Aug. 2018

Florida’s housing market reported more sales, more new listings, and higher median prices in August compared to a year ago. Sales of single-family homes statewide up 4.2 percent. ORLANDO, Fla. – Sept. 22, 2018 – Florida's housing market reported more sales, more new listings and higher median prices in August compared to a year ago, […]

Rent vs. Buy: Scale Tips to ‘Rent’ – First Time Since 1999

Renting and reinvesting additional money that would have been spent on homeownership will, on average, financially outperform owning and building equity. BOCA RATON, Fla. – Aug. 31, 2018 – U.S. housing markets, when viewed as a whole, are now in rent territory, according to the latest national index produced by Florida Atlantic University and Florida […]

Tampa, Orlando, Jacksonville Near Top of ‘Likely to Move’ List

ATTOM Data Solutions’ Q2 2018 Pre-Mover Housing Index finds that Chicago, Washington, D.C., Orlando, Tampa-St. Petersburg and Atlanta posted the highest pre-mover index in the second quarter of 2018. IRVINE, Calif. – Aug. 21, 2018 – ATTOM Data Solutions' Q2 2018 Pre-Mover Housing Index finds that Chicago, Washington, D.C., Orlando, Tampa-St. Petersburg and Atlanta posted the highest pre-mover […]

August Builder Confidence: Tight Supplies, Lots of Buyers

Builder confidence in the market for newly built single-family homes edged down one point to 67 reading in August though any number above 50 means that attitudes are in positive territory. WASHINGTON, August 16, 2018 – Builder confidence in the market for newly built single-family homes edged down one point to 67 reading in August […]

Metro Home Prices Climb to New All-Time High; Rise 5.3 Percent in Second Quarter

Amidst staggeringly low inventory levels in much of the country during the second quarter, existing-homes sales cooled and home prices maintained their robust level of appreciation WASHINGTON — August 9, 2018 — Amidst staggeringly low inventory levels in much of the country during the second quarter, existing-homes sales cooled and home prices maintained their robust level of […]

Should the U.S. Adopt Fla.’s Private Flood-Insurance Model?

Making a case for including a private flood insurance element in any updates to the National Flood Insurance Program (NFIP). TALLAHASSEE, Fla. – August 8, 2018 – In a recent article published in the Insurance Journal, Lisa Miller, a Tallahassee-based former Florida Deputy Insurance Commissioner who served as an advisor on passage of Florida laws […]

Congress Passes Flood Insurance, President Expected to Sign

NFIP will continue renewing or issuing new flood insurance policies for four more months under legislation overwhelmingly passed by the U.S. Senate on Tuesday. WASHINGTON – August 1, 2018 – The National Flood Insurance Program (NFIP) won't expire on July 31, 2018, as feared. NFIP will continue renewing or issuing new flood insurance policies for […]

Fla. Senators’ Bill Would Extend Canadian Visitor Stays

U.S. Sens. Bill Nelson and Marco Rubio introduced legislation that would allow retired Canadian citizens older than 50 to spend up to eight months a year vacationing in the U.S. – two months longer WASHINGTON, D.C. – July 17, 2018 – U.S. Sens. Bill Nelson and Marco Rubio introduced legislation that would allow retired Canadian […]