Redfin Survey

70% of Florida Homeowners Have Seen Rise in Insurance Costs or Changes in Coverage - Seite 3

Over One-Third of Real Estate Agents Have Seen an Increase in Insurance-Related Issues

More than one-third of real estate agents (34.4%) have experienced an increase in issues related to home insurance during transactions over the past year.

This is according to a separate Redfin-commissioned survey of 500 real estate agents from a wide spectrum of U.S. brokerages, conducted by Qualtrics in December 2023.

The share was significantly higher in Florida and California. In Florida, nearly three-quarters (73%) of agents have seen an uptick in insurance issues in the last year, and in California, the share was 64%.

To view the full report, including charts, please visit: https://www.redfin.com/news/home-insurance-survey-report-2024

About Redfin

Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, lending, title insurance, and renovations services. We run the country's #1 real estate brokerage site. Our customers can save thousands in fees while working with a top agent. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Customers selling a home can have our renovations crew fix it up to sell for top dollar. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we've saved customers more than $1.6 billion in commissions. We serve more than 100 markets across the U.S. and Canada and employ over 4,000 people.

Redfin’s subsidiaries and affiliated brands include: Bay Equity Home Loans, Rent., Apartment Guide, Title Forward and WalkScore.

For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin's press release distribution list, email [e-mail]. To view Redfin's press center, click here.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240417410953/en/

The Redfin Corporation Stock at the time of publication of the news with a fall of -1,74 % to 5,65EUR on NYSE stock exchange (17. April 2024, 02:00 Uhr).