Top-producing residential real estate team Schemmel Soda Group has left Premier Sotheby’s International Realty to join Douglas Elliman’s Sarasota, Florida, office. The group is led by cofounders Joel Schemmel and Donna Soda, along with agents Sharon Chiodi and Patti Tebo. Marketing Director Katie Kurbiel and client service coordinator Preston Lane are also joining the team. […]
Schemmel Soda Group joins Douglas Elliman in Florida Read More »
Nearly 58,000 U.S. home-purchase agreements were canceled in July, equal to 15.3% of homes that went under contract during the month, according to a Redfin analysis of MLS data. That marks the highest July cancellation rate since the company began tracking the metric in 2017 — and up from 14.5% a year ago. Analysts point
Home purchase cancellations hit 8-year high Read More »
San Diego-based startup FutureProof is using artificial intelligence (AI) to change the way insurers assess catastrophe risk and set premiums, a shift that could make insurance both more affordable and easier to come by in disaster-prone regions. “FutureProof started with thinking about the build environment and everyone’s homes and businesses,” FutureProof co-founder and co-CEO Alisa
Tech startup offering AI-driven property level risk modeling Read More »
A broker in Florida is suing the National Association of Realtors (NAR), along with state and local associations and MLSs, for alleged antitrust violations and steering homebuyers into using buyer’s agents. Filed late last week by Jorge A. Zea in the U.S. District Court for the Southern District of Florida’s West Palm Beach Division, the
NAR faces new antitrust suit over alleged steering Read More »
Florida homebuyers are facing the same affordability challenges that other housing markets are grappling with, but with added regulatory hurdles if they want to buy a condo. The Florida Association of Mortgage Professionals (FAMP), which is hosting its annual convention this week in Orlando, is addressing those challenges head-on, looking to improve the Florida housing market
The Florida Association of Mortgage Professionals pushes for condo guideline changes Read More »
A growing number of U.S. homeowners are finding their only property insurance option is their state’s last-resort program, according to a new report from the National Resources Defense Council (NDRC). Data shows extreme weather driving private insurers from high-risk areas and forcing premiums higher for everyone else. Last resort programs — known as Fair Access
Experts warn of ‘cycle of doom’ for last resort home insurance Read More »
Raul Santidrian — a veteran of south Florida’s luxury real estate market — has joined Coldwell Banker Realty’s Pinecrest/Miami office after more than a decade at Douglas Elliman Florida. Santidrian consistently ranks among top agents statewide and brings a track record that includes more than 600 closed transactions and a career sales volume in the
Top Miami agent Raul Santidrian joins Coldwell Banker Realty Read More »
Stellar MLS — the largest multiple listing service in Florida and Puerto Rico — has launched IO Reports, a new tool that offers subscribers access to neighborhood and market insights for any address in the U.S. The new feature — provided in partnership with location intelligence company Local Logic — gives real estate professionals detailed
Stellar MLS launches market, neighborhood reports for agents Read More »
International homebuyers purchased $56 billion worth of U.S. existing homes between April 2024 and March 2025 — a 33.2% increase from the previous year, according to a report released Monday by the National Association of Realtors. The number of properties bought by foreign buyers rose to 78,100 during the 12-month period, up 44% from the
International homebuyers returned to the US in droves Read More »
Rising property taxes, insurance payments and growing delinquencies are eroding the promise of long-term stability in homeownership, according to a new blog from Cotality. The post revealed that across the country, more people are starting to fall behind on their mortgages due to the post-purchase costs. These include property taxes and homeowners insurance, both of
Mortgage delinquencies are rising as homeownership costs pile up Read More »