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“Real Estate Industry is SHAKING”- California Approves State Farm Homeowners Insurance Rate Increase

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Manage episode 482994117 series 2834901
Content provided by Valuetainment Episodes. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Valuetainment Episodes or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

California just approved a 17% homeowners insurance rate hike for State Farm, with renters seeing increases as high as 38%. Experts say this could devastate the real estate market, as rising costs push buyers out of eligibility. Tom Ellsworth breaks down the economic dominoes—from depleted insurance surpluses to failed home closings—while PBD questions if California is even livable anymore.

  continue reading

939 episodes

Artwork
iconShare
 
Manage episode 482994117 series 2834901
Content provided by Valuetainment Episodes. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Valuetainment Episodes or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

California just approved a 17% homeowners insurance rate hike for State Farm, with renters seeing increases as high as 38%. Experts say this could devastate the real estate market, as rising costs push buyers out of eligibility. Tom Ellsworth breaks down the economic dominoes—from depleted insurance surpluses to failed home closings—while PBD questions if California is even livable anymore.

  continue reading

939 episodes

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