Thirty percent of transactions in flood zones were cancelled or - TopicsExpress

Thirty percent of transactions in flood zones were cancelled or delayed in January as a result of sharply higher flood insurance rates, NAR president Steve Brown said. Since going into effect on October 1, 2013, about 40,000 home sales were either delayed or canceled because of increases and confusion over significantly higher flood insurance rates. worldpropertychannel/north-america-residential-news/us-existing-home-sales-national-association-of-realtors-january-2014-lawrence-yun-8031.php

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