Miami’s Housing Market Crippled By Insurance Fears

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that Miami’s housing market is struggling as homes sit on the market far longer than the national average. The city faces a growing climate-related real estate crisis driven by rising hurricane threats and skyrocketing home insurance costs. These challenges make it difficult for buyers to secure mortgages, leaving sellers stuck and demand at historic lows.