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Allstate reportedly wants to raise California homeowners rates by 34%

“Mansion Global” host Katrina Campins breaks down the housing market amid growing concerns about rising home prices on “The Big Money Show.” Allstate, one of California’s largest insurers, wants to raise homeowners premiums by an average of 34%, which could be the biggest increase this year. If approved by the state Insurance Department, the rate […]

Homeowners have $17T in equity, but they aren’t refinancing. Here’s why

David Bahnsen, founder and CIO of Bahnsen Group, is examining the real estate market as young homebuyers struggle with the ongoing housing crisis. American homeowners own a record $17 trillion in wealth, Rising mortgage rates The economic downturn over the past two years has left many banks unable to access their own capital for refinancing. […]

Florida homeowners fight squatters with new law that ends ‘scam,’ governor says

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Homeowners and renters struggling to afford the high cost of housing: survey

Recent surveys suggest that renters and homeowners alike are feeling the strain of rising housing costs. (iStock) Rising housing costs are forcing renters and homeowners to make tough decisions, according to a recent national survey. investigation. As a result of rising housing costs, 20% of renters and 8% of homeowners say they’ve had to relocate […]

Top 10 cities where renters pay more than homeowners – and where they pay less

In California cities, it often costs more to buy than to rent, and in Florida cities, it often costs more to buy than to rent. (iStock) Mortgage and rental costs vary across the country, with some areas paying astronomical rents while others face high monthly mortgage payments. For example, in some Bay Area cities, owning […]