California homebuyers are backing out of deals or cutting offers as prices of insurance policies jump. “We’re just going to get a bunch of houses sitting on the market that won’t sell,” one agent says.
Buyers back out of deals or cut offers as prices of policies jump; ‘We’re just going to get a bunch of houses sitting on the market that won’t sell’
California wildfires cost insurance companies more than $24 billion over the past two years. As those insurers look to cover their losses, here’s a look at how homeowners like Grass Valley resident Christy Hubbard are paying the price. Photo/Video: Jake Nicol/The Wall Street Journal
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gusty north to northeasterly winds trigger high-wind warnings in Southern California mountainsNortherly winds will shift and become northeasterly Santa Ana winds on Monday morning
Read more »
Gold approaches 6-year high as US-Iran tensions send traders fleeing to safetyGold bullion soared as much as 1.5% Friday morning, nearing a six-year high after a US airstrike killed one of Iran's most powerful generals and...
Read more »
Middle East long riven by killings of high-profile figuresKillings of major political and military figures have been a recurring factor in the Middle East, often changing history. From Egypt’s Sadat to Libya’s Gadhafi, TamerFakahany examines some of the deaths of key Middle East leaders since World War II.
Read more »
If New Year's Eve Were a Shoe, It Would Be Kylie Jenner's Metallic Thigh-High BootKylie Jenner's metallic thigh-high boots epitomize New Year's Eve fashion.
Read more »
High-speed ice skaters hit hills and dips at 50 mphCNN News, delivered. Select from our newsletters below and enter your email to subscribe.
Read more »
How high could oil prices go if Iran retaliates over US attack?A sharp escalation of tensions between the United States and Iran has caused crude oil prices to surge. They may not stay elevated for long | Analysis by CRrileyCNN
Read more »