How the Surge in Homeowner's Insurance Rates impacts Buyers & Sellers
The JLUX Ladies dive into a hot topic affecting homeowners across Texas: skyrocketing insurance rates. Did you know that since 2018, Texans have experienced a staggering 50.9% increase in their home insurance rates? That's the highest rate hike in the entire country! In 2023 alone, the average annual cost of home insurance in Texas was a jaw-dropping 113% higher than the national average. And unfortunately, experts are predicting that these rates will continue to climb. Tune in to hear more about how this can affect your home buying and selling journey.
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