February 18, 2007
PROPERTY INSURERS
True or false: U.S. antitrust laws apply to Realtors but not the insurance industry. Answer: True. Federal oversight does not apply to insurers’ anti-competitive conduct, such as price-fixing, agreements not to pay and market allocations. But bills to change that status were introduced in the U.S. House and Senate yesterday.
MORTGAGE RATES
Rates on 30-year mortgages [...]
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February 15, 2007
HOME SALES
Florida’s housing sector continued to mirror the national trend in fourth quarter 2006, reflecting slower sales and stabilizing median prices in many markets. A total of 37,177 existing single-family homes sold statewide during the quarter, down 28 percent from a year earlier, while the statewide median sales price was $242,100.
CITIZENS PROPERTY INSURANCE
Citizens Property Insurance [...]
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