hard-hit Archives - Citizen Watch Report

Map: Less than 1% of residences covered by flood insurance in hard-hit North Carolina

October 4, 2024 2:15 pm

By the time many homeowners realize they need flood insurance, it’s too late. And for tens of thousands in North Carolina and across the Southeast, it’s too late. Only about 2% of residences in the 100 counties hit hardest by Hurricane Helene-related power outages were protected by flood insurance, according to an NBC News analysis …

Nick Gerli: Rents in hard-hit cities like Austin, Las Vegas, and Phoenix are down 6% in the last year, with taxes, insurance, and interest costs rising. This could lead to forced selling in H2 2023.

July 6, 2023 3:37 pmJuly 4, 2023 10:28 pm

Rents are dropping. 📉 Hardest-hit cities include Austin, Las Vegas, and Phoenix, where rental rates are down -6% over the last year. Meanwhile – taxes, insurance, and interest costs are up significantly. Cocktail that could mean forced selling in H2 2023. pic.twitter.com/nKiLmPRW0V — Nick Gerli (@nickgerli1) July 4, 2023 “Landlords who purchased in the last …