Florida on verge of collapse. Insurance premiums spike 100%.
Florida homeowners are struggling with massive spikes in insurance cost. Especially in a housing market like Miami.
The average cost of property insurance in Florida is now over $11,000/year. Which is causing many homeowners to be forced to sell their properties. As a result – homes for sale on the Florida housing market is rising fast in 2024, particularly in metros like Miami, Tampa, and Orlando.
Credit to : Reventure Consulting
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