Florida Residents Are Having Trouble Selling Houses, Insurance May Be a Reason

Douglas McIntyre, Editor-in-Chief at Climate Crisis, reports on the challenges facing Florida’s real estate market. Homes in Florida, particularly in Tampa and Miami, are staying on the market longer—over seventy days compared to the national average of fifty days. The main causes are likely the rising cost of home insurance and, in some cases, the complete unavailability of coverage. Without insurance, buyers struggle to secure mortgages, making it harder for sellers to close deals. This highlights a critical intersection of climate impacts and economic challenges in the state’s housing market.