Buyers aren’t flaky. The market is setting them up to walk away

Escalating costs and the impact of deferred maintenance mean that buyers and sellers aren’t always on the same page, so buyers are walking away, bi-coastal luxury agent Cara Ameer writes. Continue reading

Homeowners are cracking under the pressure of increased costs

Median monthly homeownership costs have risen 26 percent from 2019, according to the U.S. Census Bureau’s latest American Community Survey data. released on Thursday. Continue reading

More than one-quarter of US homes are exposed to severe climate risk

Today, more than one-quarter of U.S. homes, which represent $12.7 trillion in property value, are vulnerable to at least one type of severe or extreme climate risk, according to a new report released by Realtor.com. Continue reading

Fire country: A growing threat to homes, lives, real estate careers

Fire doesn’t just destroy structures, Chris Drayer writes. It changes markets and careers, and if we’re not paying attention, it will burn us. Continue reading

Amazon debuts $47K luxury tiny home with rooftop deck

On the heels of its Black Friday success, Amazon has listed another luxury tiny home for $47,000. The home has a sunroom, rooftop deck and customizable floor plan for up to four bedrooms. Continue reading

Back-to-back storms tank pending home sales in Florida

Increasingly violent hurricane seasons and surging home insurance costs have tanked Florida’s housing market, according to a Redfin market report published on Tuesday. Continue reading

Florida’s biggest insurer hands off 600k policies as new storm comes

The Florida Legislature-created Citizens Property Insurance Corporation has been so overwhelmed with new insurance policies in recent years that regulators have approved proposals for private insurers to take over more than 600,000 of those policies. Continue reading

Agents put their resource hat on as Helene rages northward

As Helene progressed from a hurricane to a tropical storm to a post-tropical cyclone on Friday, agents got into gear serving as a resource for clients, while dealing with high winds and flooding. Continue reading

Digital insurance marketplace Matic grows mortgage clientele

With new clients including USA Mortgage and New American Funding, Matic says it’s doing business with more 100 mortgage lenders and servicers that together process 20 percent of U.S. home loans. Continue reading

3 multimillion-dollar mansions are at risk of sliding into the Pacific

Three mansions worth $12 million to $16 million in California are at risk of falling into the ocean after a post-storm landslide eroded cliffs in Dana Point. The story has sparked conversations about climate change and rising home insurance costs in th… Continue reading