Florida residents leave the state as insurance rates soar by 900 percent

Insurance premiums – House in Florida – Courtesy: Shutterstock – Image by Mark Winfrey According to recent reports, Florida homeowners are considering selling their homes, canceling their insurance, and even leaving the state as a result of the state’s soaring insurance premium costs. The state has long been a popular vacation spot for many Americans,

Orlando is one of seven Florida cities that potentially face a housing crisis

Homes in Celebration District, Orlando, FL. – Courtesy: Shutterstock – Image by Box Lab Florida is a popular tourist destination in the United States due to its warm weather, sandy beaches, and attractions. However, with rising mortgage rates driving up property costs, some locals may contemplate relocating.  GOBankingRates published a report on the state’s housing

FEMA rule opens opportunities for investors to swoop in on real estate

FEMA sign, Headquarters Building – Courtesy: Shutterstock – Image by Bob Korn The devastation brought on by Hurricane Ian can be a large opportunity for real estate investors due to a federal disaster rule that victims are just starting to learn about. Florida residents along the Gulf Coast whose homes were destroyed or damaged by

Florida’s Real Estate Woes—How soaring homeowner insurance costs may affect buyers market

Courtesy: Shutterstock – Image by alphaspirit.it Just when it seemed like the Florida housing market was in a promising sweet spot for prospective buyers, insurance executives have reason to believe the property insurance market is casting a large shadow that may draw homeowners elsewhere. The COVID-19 pandemic created a single-home and condo buying surge in