NAHB’s latest confidence survey finds a 2-point drop. While builders remain optimistic, NAHB says the lumber tariffs add about $9,000 to the cost of a new home. Source: Florida Realtors

Floridians without post-hurricane damage often face a week or more without electricity, and storm preparation should include a plan on how to handle it. Source: Florida Realtors

As expected, the Fed boosted interest rates 0.25 points – which directly impact ARMs – but it also increased expectations to a total of four rate hikes this year. Source: Florida Realtors

Thanks to an active hurricane season, Fla. home prices increased more slowly at 5.8% last year, but that should change in 2018 without any similar stormy weather. Source: Florida Realtors

Americans can exempt $250K from capital gains taxes when selling their home, but rising property values and inflation may push more people above that threshold. Source: Florida Realtors

Many people don’t read an entire email, especially if it’s lengthy. Start with a summary, tell the client what they need to know, and then provide the details. Source: Florida Realtors

The average rate on 30-year FRMs – which have been running at their highest levels since 2011 – was 4.54% this week, down from last week’s 4.56%. Source: Florida Realtors

While the nation’s three hurricanes and Calif. wildfires created $140B in losses, the cost of reinsurance – insurance for insurers – has remained low. Source: Florida Realtors