Found 2 blog entries tagged as insurance.

Home listings are on the rise in many neighborhoods — and so are price cuts. JIM POULIN | PHOENIX BUSINESS JOURNAL

Austin Business Journal shares, "After several years of strong sellers' markets, buyers are gaining leverage in a number of housing markets across the nation — and it's reflected in both home-listing and price-cut data.

That’s according to The Business Journals' recent hottest housing markets analysis of first-quarter housing data from Intercontinental Exchange.

Of the 8,936 ZIP codes analyzed by The Business Journals, 5,788 (or 64%) posted a year-over-year increase in home listings in the first quarter. Of those, 698 (or 7.8%) recorded an increase of at least 50%.

The data revealed home listings grew significantly in many pockets of the country, underscoring observations by some market watchers that the national residential real estate…

164 Views, 0 Comments

Real estate agents across the country are grappling with a new obstacle that's making home sales tougher to close. PAMELA MOORE / GETTY IMAGES

Austin Business Journal writes, "Real estate agents are struggling to close on deals because of the surging cost of homeowners insurance.

That’s according to real estate firm Redfin Corp.'s 2025 Industry Survey, which found 47% of surveyed agents said they have encountered more issues with home insurance during a transaction over the past year compared to the year before it.  

Overall, 21% of agents said they had "significantly more" issues recently with homeowners insurance, such as clients having trouble getting affordable insurance or canceling a purchase because of homeowners insurance. About 26% said they had "somewhat more" issues while 35.7% said it was about the same as the year before. 

In California, about 50% said they had…

291 Views, 0 Comments