Comment on Owning a home in Florida is a huge gamble. Some people are starting to question whether it's worth it.

Owning a home in Florida is a huge gamble. Some people are starting to question whether it's worth it.

The aftermath of Hurricane Helene in Horseshoe Beach, Florida.CHANDAN KHANNA/Getty ImagesSome Florida homeowners are reevaluating their costs and comfort with risk post-Hurricane Helene.One seller near St. Petersburg slashed the asking price on their home, which was flooded, by 40%.Some weigh whether homeownership in Florida is worth it given the high cost of both insurance and homes.Days after Hurricane Helene devastated Florida and four other states, Compass real-estate agent Alexis Smith-Frady is picking up the pieces in her own home.More than three feet of water flooded her 1,400-square-foot bungalow in Bradenton, she said, adding that a FEMA inspector who visited deemed it unhabitable.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News