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August 22, 2006
Like A Good Neighbor?
Home insurance increases have a smaller, but similar impact on housing prices as mortgage rate increases.
My prediction? The huge jump in home insurance costs that have forced Floridians to put homes on the market will force these same homeowners to drop their already inflated asking price, just to get out from under the insurance ax that is poised and ready to drop.
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Posted on August 22, 2006 05:38 AM by Home I82.
Filed in Real Estate under home insurance.
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