Category: Housing & Economy
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More Californians and Floridians Are Moving to Texas — and the Trend Still Favors the Lone Star State
Texas is experiencing a significant net inflow of residents, particularly from California and Florida, as highlighted by recent migration data. Factors such as no state income tax, job opportunities, and housing availability contribute to Texas’s appeal. Despite a cooling housing market, the state remains attractive for those seeking economic opportunities.
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Louisiana’s Underwater Mortgage Crisis Signals Deeper Warning for the South
Louisiana has emerged as a crisis for underwater mortgages, with nearly 12% of homes seriously affected. Contributing factors include severe weather damaging properties and rising insurance costs due to regulatory issues. Although reforms are showing promise, the situation warns that housing stability relies on insurance viability and comprehensive market reforms beyond climate discussions.
Texas Bay News 