Florida approves more home insurance rate cuts
Florida approved home insurance rate cuts of up to 10.4% for more than 62,000 policies, while Citizens urged homeowners facing increases to shop for coverage.
Custom GPT users face a December deadline
OpenAI plans to retire custom GPTs Dec. 11, prompting users to prepare replacements and test tools they rely on for daily work.
Mortgage rates climb for 5th straight week
The average U.S. 30-year mortgage rate rose to 7.03%, topping 7% for the first time since January 2025 and further limiting buyers’ purchasing power.
Seller impersonation fraud attempts rise
Fake sellers increasingly target vacant land and absentee-owned properties, prompting agents and title firms to strengthen identity checks.
Tech tools that help Realtors reduce safety risks
About 22% of Realtors have faced a safety concern. Screening apps, panic buttons and smarter lockboxes can provide added protection before and during showings.
Tight inventory helps Florida prices hold firm
Florida housing inventory fell by double digits in August, helping support prices even as sales slowed, Florida Realtors Chief Economist Dr. Brad O’Connor said.
Hyperlocal content boosts AI search visibility
AI marketing expert Sam Mehrbod told Inman that agents can improve visibility in AI searches with original, hyperlocal content focused on specific neighborhoods.
Mortgage rates rise to highest level since January 2025
The rate on 30-year fixed rate mortgages rose to 6.95% from 6.76% last week, while 15-year rates increased to 6.26% from 6.09% last week, Freddie Mac said.
Tech tools that help Realtors reduce safety risks
About 22% of Realtors have faced a safety concern. Screening apps, panic buttons and smarter lockboxes can provide added protection before and during showings.
Late fall could provide Florida buyers’ edge
A Realtor.com analysis finds late fall brings more inventory, less competition and lower asking prices to buyers in four Florida metros.