California’s home insurance crisis: Real estate industry adjusts | KTVU

The noose is ever tightening around homeowners, home buyers and home sellers as California’s homeowners’ insurance desert gets ever dryer with cancellations, non-renewals, sellers refusing to sell it and skyrocketing home and auto insurance rates for those who can get it. Despite lowered interest rates, the boom days of California healthy home sales and quick financing seem further and further away.

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