There have been new reports of home buyers backing out of purchases because the homeowners insurance premiums are too high. On top of insurance, property taxes have been soaring especially for new owners as so many other living expenses making this housing market unaffordable.
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Articles Mentioned in the Video
https://www.news4jax.com/money/2023/04/24/realtors-says-buyers-are-reluctant-to-purchase-homes-due-to-constant-property-property-insurance-hikes/
https://apple.news/As5ugaE5cRqGI-8963pEQyQ
https://apple.news/AwzXNGWd3TrqrTYR9qnyL7Q
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