Report warns mortgage industry is unprepared for climate change

A report has raised concerns that stakeholders in the U.S. mortgage market, including lenders, investors and insurers, are woefully unprepared for accelerating climate change and the risk it brings. Not only are lenders and others unprepared to mitigate their risk, but according to the report from the Mortgage Bankers Association’s Research Institute for Housing America,

Read More »

Californian cities are banning natural gas in new homes

The humble gas stove is coming under attack from an increasing number of cities concerned about climate change. They say big environmental benefits are to be had from eliminating natural gas lines to homes and relying solely on electricity, even if it means residents will need to replace old appliances that use gas for cooking

Read More »

Climate change could make elevation a big factor in real estate prices

Homes located on higher elevations in areas at risk from hurricanes are seeing their values grow faster than homes closer to sea level, CBS News reported.

Scientists Issue Warning over Kiwi Coastal Property

Scientists at the New Zealand Coastal Society conference have drawn attention to the need for coastal homeowners to take greater responsibility for the risks faced by their property, as these areas are more vulnerable to climate change and natural hazards. Their warning comes as demand for coastal property grows, but as the society pointed out,

Read More »

SolarCity and Citi Team Up to Fund Home Solar

SolarCity, America’s number one solar service provider, teams up with Citi, “America’s Greenest Bank”, in establishing a fund of $40 million in new residential solar projects for 2011. This first of their collaborations offers homeowners a unique opportunity to switch to solar.

RealtyBizNews: Real Estate Marketing & Beyond