• SeattleRain@lemmy.worldOPM
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    5 months ago

    Insurance rates are rising everywhere. There’s nothing particularly bad happening in Texas that’s making insurance rates rise unlike Florida.

    Long story short, you can’t explain falling Real Estate prices in Texas with rising insurance rates. Boston and Philadelphia are still seeing Real Estate appreciation.

    • sprack@lemmy.world
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      5 months ago

      3 back to back winter storms and increased damages from hail and wind during tornado/storm seasons.