Charles Billi | WTSP |
“Thanks to new flood insurance legislation, the watch word in real estate is “panic.”
Panic if you’re a real estate investor, agent, buyer or seller- thanks to skyrocketing premiums. We’ve seen the Pinellas County meetings in the past few weeks packed with frightened residents.
Now, more concern arises at an information meeting at the offices of Keller Williams in St. Pete. Quinn Henderson is trying to buy and sell a home.
“The thought of losing your home when you pay your mortgage or you pay your bills, and the thought of losing it because of the impact of this legislation is very scary,” said Henderson.”