Want to get rich quick selling Florida real estate? Think again. | Florida Trend Real Estate – Florida Trend

Want to get rich quick selling Florida real estate? Think again. Since the start of the COVID-19 pandemic, droves of wannabe real estate investors have flocked to Florida chasing the promise of streets paved with gold. But rising interest rates, home prices and insurance costs have created hurdles for newcomers looking to get rich quick. [Source: Tampa Bay Times] Own a second home in Florida? Property insurance changes could be on the way Some Floridians with state-run Citizens Property Insurance could soon find their homeowners policies shuffled to an unregulated insurer. In a first for the state, lawmakers are poised…
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