Skyrocketing flood insurance rates taking toll on (NC) home values
Story Date: 11/1/2013

 

Source: Wayne Faulkner, WILMINGTON STAR-NEWS, 10/30/13

Sales deals on second homes are starting to fall apart in Southeastern North Carolina as a result of skyrocketing flood insurance premiums, and some in the real estate world worry those costs will depress property values.


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