Realtor.com, Santa Clara, Calif., released a new survey finding that 75% of recent and prospective homebuyers believe homeowners insurance could become unaffordable for them.
Tag: Insurance
Matic: Home Insurance Affordability Crisis Grows
The housing market face growing challenges as homeowners’ insurance affordability concerns and coverage limitations persist, according to Matic, Columbus, Ohio.
Cotality: Taxes, Insurance Appear to Drive Some Increase in Serious Delinquencies
Cotality, Irvine, Calif., released a new report analyzing the effects of property taxes and insurance in states seeing upticks in serious mortgage delinquencies.
Southern Discomfort: Weather, Economic Headwinds Drive Home Insurance Premiums Through the Roof
For prospective home buyers already grappling with affordability constraints from rising home prices and elevated interest rates, this additional expense further chokes their budgets and erodes their house-buying power.
Maxwell: Many American Homeowners Stressed About Cost, Availability of Insurance
Maxwell, Denver, found nearly half–or 46%–of American homeowners are currently questioning whether they can continue to afford their homes due to rising insurance and property tax costs.
LendingTree: 13.6% of Homes Are Uninsured
LendingTree, Charlotte, N.C., reported approximately one in seven homes across the U.S. are uninsured.
Servicing Panel Talks AI, Insurance, Future Trends
DALLAS–What’s next for the servicing industry when it comes to trends and challenges in technology, regulation and the overall market?
Neptune Flood: 20M Homes at Flood Risk, but Only 3.8M Insured
Neptune Flood, St. Petersburg, Fla., released an analysis of the U.S. residential flood insurance market, finding that while 20 million U.S. homes are at moderate-to-severe flood risk, only 3.8 million are insured.
Fitch: Increased Originations Will Benefit Title Insurers in 2025
Continued housing market resiliency will benefit U.S. title insurers in 2025 as broader macro headwinds continue to subside, according to Fitch Ratings, New York.
CoreLogic: 33,000 Homes Face ‘Triple-Threat’ From Natural Disasters
CoreLogic, Irvine, Calif., reported that across the U.S., 33,000 homes face a triple threat–essentially, year-round extreme risk from three natural disasters.