The Fla.-owned insurer expects fewer claims filed over the next two years, and says that it can cover repairs and losses without expecting any taxpayer help. Source: Florida Realtors

New home sales fell for the second month in a row, dropping 3.4% in Aug., with little optimism about a future increase as builders focus on storm destruction. Source: Florida Realtors

In five years, the number of federal flood policies in Fla. fell by 15%, and many non-covered people are now wondering how they can afford to fix their homes. Source: Florida Realtors

Average long-term mortgage rates rose to 3.38% in Freddie Mac’s weekly survey – the first FRM increase in almost two months. Source: Florida Realtors

FHA loans require a post-disaster inspection in declared catastrophe areas, but a rule that could delay closings is waived. Source: Florida Realtors

State officials say Hurricane Irma has already exceeded claims and losses (335,000 claims, $1.9B in property losses) from the two Fla. hurricanes last year. Source: Florida Realtors

Despite being in prime home-buying years, a majority of millennials with student debt currently don’t own a home – and many believe student debt is the reason. Source: Florida Realtors

Hurricane Harvey’s catastrophic flooding doesn’t appear to deter housing demand. Redfin agents say 45 buyers are ready to purchase homes where the storm hit. Source: Florida Realtors

NAR’s Call for Action ended Friday. While it initially hoped to pass a comprehensive flood bill that lasted years, Harvey aid and Irma’s impending threat last week convinced Congress to postpone any major changes. NFIP now expires in December. Source: Florida Realtors

Real estate QandA: All board members have a fiduciary responsibility to the community. Review HOA docs – but board can also remove or replace him. Source: Florida Realtors