(due to technical issues, the audio for this episode was affected)

In this episode, Jenny Pakula, CEO of Oregon REALTORS, discusses the current state of homeowners' insurance in Oregon with T.K. Keen, Acting Oregon Insurance Commissioner. They explore the challenges faced by homeowners, including the impact of wildfires, the role of the Division of Financial Regulation, and the various insurance markets available. The conversation highlights the importance of adequate coverage, the Fair Plan as a last resort, and the influence of reinsurance on the insurance landscape. They also touch on recent legislative changes aimed at improving the insurance situation for consumers.

In this episode of the Mindset Matters podcast, the host discusses the complexities of homeowners insurance in Oregon with Steve Steinbeck, the executive director of the Oregon Fair Plan Association. They explore the challenges homeowners face in obtaining insurance, particularly in high-risk wildfire areas, and the role of the Oregon Fair Plan as a safety net for those unable to secure coverage through traditional means. The conversation delves into the eligibility criteria for the Fair Plan, the underwriting process, and the importance of risk mitigation strategies for homeowners. Additionally, they discuss the concept of non-admitted carriers and the coverage limits provided by the Fair Plan, emphasizing the need for responsible applicants who take proactive steps to protect their properties.

In this episode of the Mindset Matters podcast, Oregon REALTORS® CEO Jenny Pakula, discusses the key economic forces shaping Oregon's housing market with Mark McMullen, the Vice-President of Policy and Research for the Common Sense Institute. The conversation covers various topics, including the role of the Common Sense Institute, the challenges of construction defect liability, the struggles of the construction workforce, the impact of NIMBYism on housing development, migration trends affecting Oregon's economy, and the future outlook for the real estate market. McMullen emphasizes the need for policy changes to address housing shortages and improve affordability in the state.