Overlooking Banks Channel in Wrightsville Beach, North Carolina If you are lucky enough to own a house on the coast in North Carolina, but don’t live in it full time, there is a very good chance that you will be paying more for wind insurance starting July 1st. The N.C. Rate Bureau, an industry group […]
If you are thinking about buying a house this year, we are here to help. While home prices are still hovering around all-time highs and in most cities, it is still a seller’s market, there are plenty of signs that home prices could be headed down. Election uncertainty, a peak real estate market and the […]
Owning a home can be very rewarding, but it can also come with some unexpected and very expensive surprises. If you are unprepared for these types of expenses, you could find yourself taking out a home equity loan or running up credit card debt to cover surprise expenses. Most financial experts recommend keeping three to […]
Inheriting real estate from your parents or other family member can often end up being a unexpected windfall, or somewhat of a burden. In many cases it can be a bit of both. A well maintained home in a desirable area can be quite the blessing, while an old dilapidated house hundreds (or even thousands) […]
While the dream of homeownership has become more difficult in many cities due to rising home prices and ever increasing amounts of student debt, there are some cities where house prices require a six figure salary in order to purchase a home. In its recently released Home Price Insights report, real estate and data analytics […]
Renovating your home can be both thrilling and scary. It’s always fun to dream up a new look for your house and then watch it come into focus as the changes become reality. Renovations are often filled with anxiety, changes to the design and unpleasant surprises behind the walls. They can also come with damage […]
A California wildfire seen from the hills of Hollywood, this fire ignited on November 8, 2018 and burned 96,949 acres of land. The fire destroyed 1,643 structures. The number of homeowners who have lost their California homeowners insurance due to wildfire threats keeps growing as insurers pull out of fire prone areas. Those homeowners will […]
Climate change has made weather events more frequent and severe over the last decade and that has made homeowner claims more common and expensive. Insurers have had to absorb the cost of these additional claims and end up passing those costs onto their customers via higher premiums. Unfortunately, many homeowners are finding themselves unprepared for […]
Climate change has increased the number of natural disasters in the last decade and that is impacting homeowners insurance rates according to a new report by QuoteWizard. Data from the Insurance Information Institute shows that there were 850 natural catastrophes across the world in 2018, which is a big jump from the 740 in 2017. In […]
Homeowners in East Austin have seen flood issues become much more serious over the past decades, despite the fact that the city built a flood wall roughly 15 years ago. As climate change has warmed the atmosphere, storms have become more intense, releasing much higher rates of rainfall which has drastically increased the risk of […]