News Formal

Florida Housing Market Warning

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 52%

इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

Skyrocketing homeowners insurance premiums might be playing a role in the rising number of Florida foreclosure filings.

Florida reported the third-highest number of foreclosure filings in the country between January and March, according to a recent report from property and real-estate data research firm ATTOM.Read more: What Is Mortgage Refinancing?Foreclosures have been rising nationwide in the first quarter of 2024, with a total of 95,712 homes with a foreclosure filing. This is up 6 percent from the previous quarter and 22 percent, compared to a year earlier.

Read more: How Much Equity Do You Need for a Mortgage Refinance?Orlando saw a 28 percent increase in foreclosure filings compared to a year earlier, for a total of 1,403; Tampa experienced a 21 percent increase, for a total of 1,426 foreclosure filings; and Miami a 19 percent increase for a total of 3,011.Premiums have risen by 102 percent in the past three years and are now much higher than the national average premium, according to the Insurance Information Institute, or Triple I.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 468. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

'Crisis' Warning Over Housing Market AffordabilityStudy suggests cities could be misguided in their approach to urban and suburban housebuilding.
स्रोत: Newsweek - 🏆 468. / 52 और पढो »

Housing Market Suffers More Bad NewsPending home sales plunged nearly 8 percent, according to the National Association of Realtors.
स्रोत: Newsweek - 🏆 468. / 52 और पढो »

The mayor of America's top real estate market explains how it flipped the housing scriptLong gone are the underwater mortgage days Rockford, Ill., whose mayor is explaining how the Midwestern city is now the top real estate market in the country.
स्रोत: FoxBusiness - 🏆 458. / 53 और पढो »

Rural Home Buyers Break From America's Housing Market TrendAccording to lending data, the share of USDA home loans, aimed at helping rural buyers, ticked up for the week ending May 24.
स्रोत: Newsweek - 🏆 468. / 52 और पढो »

Realtors 'Running Out of Money' as Housing Market StrugglesElevated prices and high borrowing costs for home loans have depressed demand for homes.
स्रोत: Newsweek - 🏆 468. / 52 और पढो »