Cheaper homes, but no buyers: Soaring fire insurance costs stall home sales in Coarsegold

COARSEGOLD, Calif (FOX26) — The “For Sale” signs are up. Home prices are down. But in Madera County’s scenic foothills, buyers still aren’t buying.

In the quiet, rolling hills of Coarsegold, the housing market has come to a near standstill.

“We have a flood of inventory over the last few years,” says Caprice Parry, a local realtor. “We just don’t have the buyers to support it.”…

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