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  4. Real Estate & Mortgage News & Market Updates | | Homebuyers Struggle as Florida’s Insurance Crisis Deepens

Real Estate & Mortgage News & Market Updates | | Homebuyers Struggle as Florida’s Insurance Crisis Deepens

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Florida's insurance crisis threatens homebuyers' dream retirement as ↑ premiums hinder purchases.
Home insurance costs in the state ↑ 42% yearly to $6K.
This crisis is driven by ↑ reinsurance and litigation fees, pushing insurers to exit the state.

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