30% of the largest 100 metros had an inventory increase in 2Q (13% in 1Q) thanks to construction and more owners starting to think that prices might be peaking. Source: Florida Realtors

22 real estate groups and associations – NAR, NAHB, insurers, bankers and others – sent a joint letter to lawmakers pushing them to pass a flood insurance bill. Source: Florida Realtors

Gov. Scott issued an emergency order over the reemergence of toxic algae outbreaks on both coasts as the regions’ water quality blossoms into a political issue. Source: Florida Realtors

Instagram now allows users to create videos up to an hour long through its IGTV app, which works as a button inside Instagram and as a standalone app. Source: Florida Realtors

Freddie Mac: Rates have declined in five of past six weeks, but a year ago, the average 30-year FRM was 3.96%. Average 15-year FRM slipped to 3.99% this week. Source: Florida Realtors

Source: Florida Realtors

The index that measures sentiment dipped 1.9 points last month to 98.3. Attitudes about current conditions and future expectations both dropped a bit. Source: Florida Realtors

Incoming leaders of the Fla. House and Senate say they’ll continue to chip away at the state’s commercial lease tax during the 2019 legislative session. Source: Florida Realtors

The “Likely to Move” tool helps find potential homebuyers by checking third-party sites and crunching the data. However, the agent marketing tool will shut down in mid-August as fallout from Facebook’s Cambridge Analytica data scandal. Source: Florida Realtors

Several laws approved by the 2018 Florida Legislature go into effect July 1, impacting things like tax credits, environment restoration and condo garbage pickup. Source: Florida Realtors