Housing Wire
JULY 25, 2023
In late June, Susan Gregory received an estimate for a new homeowner’s insurance policy on her 120-year-old St. Augustine, Florida property, after her previous insurer, United Property and Casualty, went insolvent earlier in the year. This is one of the easiest parts of Florida to insure and costs have gone up over 40%.”
Housing Wire
AUGUST 10, 2023
Increasing wildfire risk resulting from climate change is a growing problem for insurers and homebuyers in affected areas, particularly California, according to a new report from data provider CoreLogic. CoreLogic said insurers’ models should account for the current risk landscape, including climate change considerations.
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Housing Wire
APRIL 24, 2023
The program helped a generation of Americans purchase their first home, however, due to a government policy known as “red-lining,” banks were effectively prohibited from issuing FHA-insured loans in neighborhoods that were predominantly Black or Hispanic. Demographers estimate that by 2050, the U.S. GDP, roughly $3 trillion.
Housing Wire
APRIL 8, 2024
It now faces a wave of mortgage maturities and payoffs on the thousands of affordable-housing complexes it has helped to finance over the years — with no new construction carried out under the program since 2012. This USDA program, however, is in serious trouble.
The Robert Weiler Company
NOVEMBER 9, 2022
Being in a flood-prone area can seriously affect your insurance premiums and property value; it could also cause a great deal of aggravation and stress if you experience the wrath of Mother Nature. billion of new commercial real estate construction contracts in 2021. Tip 6: Don’t Underestimate Mother Nature. Don’t learn the hard way.
GoForrmz
JUNE 3, 2022
The goal of this program is to support infrastructure, business decisions, and technologies to work to zero workplace deaths by 2050. nearly 20% of all work-related fatalities happen on construction sites. “ Though the construction industry only accounts for 6% of hires in the U.S., In the U.S.,
Will Springer Realtor
AUGUST 9, 2022
Insurers are increasingly exposed to the climate crisis and are currently under-charging premiums by about 58% to at-risk property owners, the report states. or 4% of the population – live in high-flood-risk areas, but FEMA maps used by the insurance industry are often out of date, including 11% of them last updated in the 1970s and ‘80s.
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