David Madrid - Realtor

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Best Florida County to Live In

David Madrid David Madrid is a real estate agent with Future Home Realty Inc. Check out David Madrid's listings or office listings.

National mortgage deliquencies hit 15-year low; Florida ranks middle of the pack
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National mortgage deliquencies hit 15-year low; Florida ranks middle of the pack The national real estate market is showing signs of resilience and recovery, with serious mortgage delinquencies decreasing to the lowest since 2006. Early-stage delinquencies and foreclosure starts have increased slightly, but are still below pre-pandemic averages. In Florida, home values have gone...

US Homebuilder Sentiment Surges

David Madrid David Madrid is a real estate agent with Future Home Realty Inc. Check out David Madrid's listings or office listings.

Citizens Property Insurance weighs double-digit rate increase for Florida customers
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Citizens Property Insurance weighs double-digit rate increase for Florida customers Citizens Property Insurance Corp. is the largest property insurer in the state of Florida, with 1.322 million policies as of Friday. The insurer has requested a 13.3% rate increase, with the most common type of homeowners’ policies getting hit with 12% hikes. The rate increases are needed because ...

Florida is the top state people are moving to. We want to know why
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Florida is the top state people are moving to. We want to know why In 2021, the U.S. Census Bureau tracked state-to-state migration flows and found that 674,740 people moved into Florida, making it the most popular state to move to. People are leaving Florida to go to Georgia more than any other state, and other states people are going to include North Carolina, Te...

Property Values Continue to Climb in South Florida

David Madrid David Madrid is a real estate agent with Future Home Realty Inc. Check out David Madrid's listings or office listings.

Fla. Oks $117.3M for Affordable Housing Development
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Fla. Oks $117.3M for Affordable Housing Development The Florida Housing Finance Corporation Board of Directors approved $117.3 million in loan funding to address the cost increases of 30 affordable housing developments across the state. The majority of the funding comes from the Live Local Act, a law signed by Gov. Ron DeSantis in March, which alloca...

Mortgage Rates Continue to Rise in the U.S.
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Mortgage Rates Continue to Rise in the U.S. Freddie Mac's Primary Mortgage Market Survey shows that the 30-year fixed-rate mortgage rate has increased to 6.79% and the 15-year fixed-rate mortgage rate has increased to 6.18% as of June 1, 2023. This is due to the current buoyant economy and the likelihood of a Federal Reserve rate hike. Sign u...

Florida's property insurance of last resort, Citizens, seeks rate hike
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Florida's property insurance of last resort, Citizens, seeks rate hike The Florida Office of Insurance Regulation will be holding a hearing on June 8th regarding a proposal by the state-backed Citizens Property Insurance Corp. that would lead to double-digit rate increases for homeowners. The average rate increase being proposed is 14.2%, with primary-residence multi-p...

Number of Distressed Office Sales Increases
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Number of Distressed Office Sales Increases Property owners are selling their troubled office buildings at significantly discounted prices, with an average of 31% below initial expectations, as they do not anticipate an office market turnaround due to the pandemic, higher interest rates, and the need to refinance mortgages. This volume of dis...