Author: Archie Walsh

Why Florida’s Housing Market Is Cooling Down Faster Than Expected

Archie Walsh
Florida's Housing Market

Florida Housing Market Experiences a Slowdown Florida’s housing market has witnessed a notable cool-down, with several metro areas experiencing a sharp decline in home sales over the past year. While Florida has been a hot spot for buyers and investors, recent trends indicate a shift in this dynamic, particularly in cities such as West Palm Beach. Home Sales Decline Across the State According to a report from real estate company Redfin, pending home sales in West Palm Beach dropped by 13.8% year over year during the four weeks ending November…

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Dreaming of a Backyard Pool? Uncover the True Costs of Installation, Maintenance, and More

Archie Walsh
Dreaming of a Backyard Pool?

Thinking about adding a backyard pool? It’s an exciting idea, but understanding the costs involved is crucial. From installation to maintenance, and even insurance considerations, there are many factors to keep in mind. Let’s break down what you need to know before taking the plunge. Average Cost of Inground and Above Ground Pools Installing an inground pool costs between $35,000 and $65,000 on average, with the national average around $50,000. This depends on size, design, materials, and extra features like landscaping or waterfalls. Pool Size Here’s what you might spend…

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California Homeowners Face 34% Rate Hike as Allstate Follows State Farm’s Lead in Insurance Shakeup

Archie Walsh
California Homeowners insurance rates going up

LOS ANGELES: In a move that mirrors State Farm’s recent actions, Allstate is seeking a substantial increase in its California homeowners insurance premiums. First reported by the Los Angeles Times, Allstate aims to raise rates by an average of 34%, marking the largest rate hike in the state this year. If approved by the California Department of Insurance, this increase will impact over 350,000 policyholders. This latest development follows State Farm’s request for significant rate increases, including a 50% hike for renters and a 30% hike for homeowners. The six-largest…

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The Insurance Industry is Struggling to Recruit New Talent—How New Solutions Are Helping

Archie Walsh
insurance recruitment

Recruitment has been a struggle across many industries, including insurance. Though insurance industry employment rose 1.83% in 2022, there were still 386,000 open jobs by the end of that year and a 14.7% turnover rate, with most of that turnover being voluntary. Economic challenges and a shift in working culture have become significant challenges for many insurance carriers to adapt to, impacting the hiring process. The industry is also aged, with many organizations struggling to appeal to a younger talent pool. As such, the need for more strategic recruitment practices and…

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