Daily Archives February 23, 2018

Florida Real Estate Bounces Back After Irma

Now the dust has settled in hurricane-hit Florida, Richard Way explains why property in Orlando and the Gulf Coast has lost none of its shine…

The most powerful hurricane ever recorded over the Atlantic made landfall in Florida in September 2017, giving homeowners there a stark reminder that every so often conditions in the Sunshine State momentarily turn treacherous.

The statistics surrounding Hurricane Irma, a category 5 storm when it first hit the state’s south-west corner, are alarming – wind speeds of 140-plus miles per hour, evacuation plans for more than six million and insurance claims worth over $5-billion from nearly 800,000 affected property-owners (State Office of Insurance Regulation, as of end of October 2017).

But Florida is accustomed to hurricanes – Irma is hardly the fir...

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