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Respectfully, while I agree with the need for improvement in these areas, this strategy is akin to swallowing an aspirin in 2027 for a migraine you have today. Contrary to popular opinion, most rental properties are not owned by hedge funds, but rather small and medium-sized landlords or “mom-and-pop” investors. Lower rates.
Starting mid-2027, insurers operating in Washington will be mandated to furnish written notices to policyholders facing premium hikes of 10% or more, elucidating the primary factors driving the change. Homeowners must engage in thoughtful discussions with their insurance agents to assess whether additional protection is warranted.
For anyone wondering what a Democratic or Republican presidential administration might look like for the housing market in 2025 and beyond, industry experts can provide some insights based on their experience in government, proximity to D.C. or decades in the private sector.
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