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Homebuyers are backing out of deals at the highest rate on record. Here’s what’s driving this trend

Pending home sales are on the rise in the U.S., but while high prices and mortgage rates keep some Americans from buying, many others are picking new digs — and then changing their minds.Around 54,000 home purchase agreements fell through in October, or...

HCI Group assuming 53,750 Citizens policies. More takeouts await.

HCI Group, owners of Homeowners Choice Property & Casualty Insurance Co., says that 53,750 customers of state-owned Citizens Property Insurance Corp. — most of them in the South Florida’s tricounty region — have accepted its takeout offers. Combined with takeouts by other companies and...

Homes for sale in South Florida saw prices climb in October

Palm Beach County’s single-family home prices surged to a near record high in October with more closed deals and more choices for homebuyers compared to the same time last year.The median price for an existing single-family home was $622,733 last month, which is...

What’s behind recent rising home insurance rates

Google reports that searches for "how much is home insurance" reached an all-time high in the U.S. this year— but what's causing insurance rates to rise in Arkansas? ...