Buy or rent in Florida? What Florida researchers recommend for homebuyers

Homeowners looking to buy or rent (Not pictured); Empty Homes Florida — Courtesy: Shutterstock — Artazum According to data from Florida International University and Florida Atlantic University, rent rates may continue to grow in South Florida. Is it therefore wiser to buy or rent right now for people migrating to the Sunshine State? One hundred

Areas in the Sunshine State that are at risk for home price decline

Beautiful blue home in Florida – Courtesy: Shutterstock – Image by Mark Winfrey Four Florida regions are among the top five markets, according to CoreLogic, a business that analyzes property data, where there is a chance of a drop in home prices in the coming 12 months. CoreLogic identified the regions they feel are most

High inflation in DeSantis’s Florida

Man viewing receipts in supermarket and tracking prices during inflation – Courtesy: Shutterstock – Image by Denys Kurbatov Ron DeSantis, governor of Florida and candidate for the Republican presidential nomination, believes that his state ought to serve as an example for the rest of the country. Add an asterisk for inflation. According to the most

Florida Farmers Insurance withdraws, affecting 100,000 policyholders

Farmers Insurance – Courtesy: Shutterstock – Image by Jonathan Weiss Tens of thousands of Floridians will be impacted by Farmers Insurance’s decision to discontinue offering coverage in the state on Tuesday, ending house, auto, and other insurance.  The state’s insurance market appears to be getting more insecure as a result of a rising threat from

The Sunshine State is officially America’s inflation hotspot

Rising inflations costs in FL: South Florida shoreline – Courtesy: Shutterstock – Image by pisaphotography Florida, where housing costs are consistently out of control, is currently the inflation hotspot in the United States. With a 9 percent inflation rate for the year that ended in April, the Miami-Fort Lauderdale-West Palm Beach region has the highest

Homeowner insurance rates in Florida are four times higher than the national average. That is not likely to improve any time soon.

Property Insurance Market – Courtesy: Shutterstock – Image by Alexander Raths On Thursday, the hurricane season officially begins. However, no matter how many storms Florida experiences this year, individuals there are already having difficulty finding homeowner’s insurance. In Florida, there is hardly any presence of national insurers. More than half of the market in the

Florida Home Insurance Premiums Expected To Rise After Busiest Hurricane Season On Record

Blue plastic tarpaulin temporarily covers roof damage caused by Hurricane Irma in Key West, Florida. Courtesy: Shutterstock – Photo by Chuck Wagner After dodging the majority of the hurricanes and storms from the busiest Atlantic storm season on record, Florida residents were able to let out a massive sigh of relief, knowing that their property