Rising insurance premiums, interest rates affecting Charlotte Co. residential real estate market

Author: Nancy Semon, Gulfshore Business
Published: Updated:

Although the Charlotte County residential real estate market has reached stabilization, future sales will be affected by rising insurance premiums, property taxes and interest rates. 

Danny Nix, who heads Realtors of Punta Gorda-Port Charlotte-North Port-DeSoto Inc., said it’s difficult to predict whether prices will continue to soften or rally. 

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