In short, I don’t think it has a huge impact. Miami and Palm beach have limited high end home inventory and lots of demand. Boca is weaker on the high end for sure. Yes, on the margin it will impact things, but I presume new insurance companies come into the market in the next year given the ridiculous prices.
In short, I don’t think it has a huge impact. Miami and Palm beach have limited high end home inventory and lots of demand. Boca is weaker on the high end for sure. Yes, on the margin it will impact things, but I presume new insurance companies come into the market in the next year given the ridiculous prices.
How about a deep dive on all the home insurance companies pulling out in Florida and expected home prices after they do.