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Skyrocketing Home Insurance May Trigger Exodus from 10 States

Americans striving to own a place of their own are now facing rising home insurance premiums. According to a report from an insurance comparison website called Insurify, the price of home insurance for a property worth $300,000 rose 12% in 2023 to about $1,770 a year, Fox Business said. report Friday. The paper notes that […]

Surging home insurance costs could force families to leave these 10 states

Diane Tomb, CEO of the American Land Title Association, shares her outlook on housing costs, commercial real estate concerns, and strategies for mortgage rates. Astronomical rises in mortgage rates and skyrocketing home prices over the past year have pushed key tenets of the American Dream out of reach for millions of families. Now, there is […]

Home foreclosures see a ‘notable’ increase amid ongoing cost-of-living crisis

“Mansion Global” host Katrina Campins shares the latest in the real estate market on “The Bottom Line.” Home foreclosures increased “noticeably” in January as Americans continue to grapple with the ongoing cost of living crisis. That’s according to a new report published by real estate data provider ATTOM, which found that lenders foreclosed on 3,954 […]

Trailing By Double Digits, Nikki Haley Makes Final Plea For Votes In Her Home State

MYRTLE BEACH, S.C. — Former South Carolina Gov. Nikki Haley is making a final appeal to voters in her home state days before Election Day Former President Donald Trump continues to lead by double digits in Haley’s home state, where she has the support of nearly all of South Carolina’s leading Republicans. Despite the grim […]

Average home insurance cost in the US surged 23% in January: report

The average price of home insurance rose 23% in January from a year earlier, and in some states, premiums hit inflation-hit homeowners by more than 60%, according to a recent report. Natural disasters and rising construction costs have pushed the national average for insurance on a $250,000 home to $1,759 a year, or about $147 […]

Home sales hit 5-month high in January while prices jump 5%

Sales of previously occupied U.S. homes rose in January as homebuyers took advantage of easing mortgage rates and a modest increase in properties on the market. The National Association of Realtors said Thursday that existing home sales rose 3.1% last month from December, reaching a seasonally adjusted annual rate of 4 million units. That’s the […]