Melbourne Real Estate News
Melbourne
Florida Condo Prices Falling as Insurance and HOA Fees Skyrocket
Based on new data from national property broker Redfin, prices of condos in major Florida metros are dropping year-over-year in early 2024, as sales decline. New condo listings inventory is soaring as sellers try to offload their properties.
U.S. Housing Market Has 40 Percent Less Active Listings in 2023 Than Before the Pandemic
According to a new report from national property broker Redfin, the total number of U.S. homes for sale dropped 6% from a year earlier during the four weeks ending June 11, 2023, the biggest decline in 13 months.
FEMA Paid Out $3.9 Billion in Flood Insurance Payments from Hurricane Ian
According to new data from the Federal Emergency Management Agency, months after Hurricane Ian swept across the southeast United States in 2022, FEMA's National Flood Insurance Program (NFIP) has paid over $3.9 billion to more than 48,000 policyholders.
U.S. Vacation Rental Bookings Rise 27 Percent Annually in January
According to Key Data, the U.S. vacation rental travel sector is looking positive in early 2023, as a significant rise in the number of reservations made online in January spiked, when compared to January 2022.
