Sunday, August 12, 2012

Rising insurance costs threaten home sales in Fla. - Tampa Bay Times

Rising insurance costs threaten home sales in Fla. - Tampa Bay Times: Florida's housing market was one of the hardest hit during the mortgage crisis, and the state has some of the nation's highest property insurance costs. Florida also has a higher percentage of delinquent mortgages than any other state.

Many homeowners are feeling the pinch of rising insurance costs even as property values have slumped, wages are sinking and unemployment remains high.
------------
This is the fallout from a series of major hurricanes that pummeled Florida a decade ago.

No comments: