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Here’s why home insurance could be a pivotal problem for the national housing market in the years ahead. Home insurance crisis Home insurance rates have surged, driven primarily by two key ...
But expensive housing isn’t the only thing repelling retirees from the state. Inflation and stock market dips have also negatively impacted their financial situation. In response, seniors are ...
Florida is one of the most expensive states for housing, and Miami is the least affordable city in the country, according to a report. High demand, short supply, increased migration trends since ...
Plenty of that growth can be attributed to older Americans being priced out of South Florida, says Ken H. Johnson, an economist at Florida Atlantic University in Boca Raton. There’s no ...
Ken H. Johnson, an economist at Florida Atlantic University, attributes this growth to retirees being priced out of South Florida. “It’s more affordable,” the couple’s real estate agent ...
The West Coast Florida city saw a 51% year-over-year home inventory increase, which contributed to the drop in listing prices. Median sale prices in the city dropped by 4.6% since March 2023 ...
The increase in U.S. home prices shows no signs of slowing down, but the scale and rate of housing cost increases can vary significantly from place to place. How and why prices rise underscores ...
The housing market is really expensive—we all know that by now. Affordability is the worst it has been since the 1980s, and that has a lot to do with mortgage rates that reached slightly above 8 ...