Saint Petersburg Real Estate News
Saint Petersburg
Governor DeSantis Supports Ending Property Taxes in Florida
Florida Gov. Ron DeSantis recently voiced his support for eliminating property taxes in his state, a move that would make Florida the first state in the nation to do so if successful. However, critics argue that property taxes are a crucial funding source for local governments.
Construction Job Openings in U.S. Down 40 Percent Annually in October
The construction industry had 249,000 job openings as of the last day of October, according to an analysis by Associated Builders and Contractors based on data from the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS).
U.S. Commercial, Multifamily Mortgage Delinquency Rates Uptick in Q4
According to the Mortgage Bankers Association's latest Commercial Delinquency Report, U.S. commercial mortgage delinquencies increased in the fourth quarter of 2023.
NAR Agrees to Landmark $418 Million Settlement, Altering Commission Payments Forever
Based on a press release March 15, 2024, the National Association of Realtors reached an agreement that would end litigation of claims brought on behalf of home sellers related to broker commissions.
