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Sign Up to Receive Updates Straight to Your InboxFlorida’s Real Estate Boom in High-Risk Flood Zones Puts Insurers, Lenders on Collision Course
As Florida recovers from the devastation of hurricanes Helene and Milton, new construction continues in flood-prone areas. Developments like La Linda Estates, built on a barrier island near where Milton made landfall, reflect a concerning trend. Florida has added 77,000 new homes in high-risk flood zones since 2019, the most in the nation, according to an analysis by First Street Foundation.
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