How Major Hurricanes, Such as Harvey, Impact Real Estate Markets

According to several recent studies the impact of hurricanes on real estate markets, especially those of Category 3 and above, last longer than previously believed. This is based on data from the National Hurricane Center, the National Council of Real Estate Investment Fiduciaries (NCREIF), as well as academic research from Dr. Li Beracha, Ph.D. and

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How To Weather a Disaster

We are in the middle of the hurricane season. According to the National Oceanic and Atmospheric Administration (NOAA), the Atlantic hurricane season runs from June 1st to November 30th and the Eastern Pacific hurricane season runs from May 15th to November 30th. NOAA says to expect an “above-normal” hurricane season this year. The peak months

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Hurricane Florence threatens more than 750K homes, experts say

With Hurricane Florence closing in on the Carolinas and Virgina this weekend, threatening storm surges and destructive winds of up to 130 mph, experts are warning that more than 750,000 homes are at risk of serious damage. Florence is set to bring with it widespread inland rainfall and flooding in addition to strong winds, with

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Why You Want a Force Majeure Clause in Your Real Estate Contract

Recent news coverage has discussed buildings destroyed by wildfires in California. Properties in Hawaii have been threatened by earthquakes and volcanos, as well as mudslides following a tropical storm.

Wave of foreclosures could hit Puerto Rico

Puerto Rico could be hit with a fresh wave of foreclosures as a three-month moratorium on repayments that followed the devastation of Hurricane Maria comes to an end.

Houston real estate bounces back after Hurricane Harvey flooding

The catastrophic flooding that came after Hurricane Harvey made landfall in Houston,Texas hasn’t deterred buyers from snapping up real estate in the city.

Tips for filing an insurance claim for Hurricane Harvey damage

Insurance companies in the U.S. are bracing themselves for tens of thousands of claims relating to damage caused by Hurricane Harvey earlier this week.

Most homeowners affected by Hurricane Harvey don’t have flood insurance

The disastrous flooding that followed in the wake of Hurricane Harvey is likely to hit homeowners hard in the pocket.

6.5 Million American Homes Face Hurricane Risk

More than 6.5 million homes along the U.S. Atlantic and Gulf coasts could be at risk of a storm surge from a hurricane, which could amount to nearly $1.5 trillion in potential reconstruction costs.

10 Reasons to Re-think Your Homeowners Insurance

Bad economic times, millions of people desperate for a place to stay, something to eat, the world can look at times like something out of the film The Grapes of Wrath. But, for the homeowner, property crime is not the biggest reason to think about home insurance, Mother Nature also weighs heavily where financial loss is concerned. You don’t have to live in Tornado Alley to have your life blown away. There are many more pitfalls today’s property owners have to evade somehow. Can you afford NOT to understand them all?

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