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Housing
Redfin CEO says buyers still ignorant of climate change threat
By
Mike Wheatley
| September 9, 2021
US Real Estate
Survey shows most Americans are unafraid of natural disasters
By
Mike Wheatley
| October 31, 2019
Americans say they’re aware of the risks related to climate change, but they remain unconcerned it might affect their homes. According to a survey of 2,700 Americans by personal finance website The Simple Dollar, around 55% say climate change is leading to increasingly severe and more frequent natural disasters. But some 32% say they’re unafraid […]
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US Real Estate
'Underinsurance' threat looms in disaster-prone areas
By
Mike Wheatley
| April 17, 2019
An uptick in reconstruction costs in certain disaster-prone areas means many homeowners may find themselves inadequately insured for the next catastrophe. Reconstruction costs have risen by 5.6 percent to 7.6 percent in some areas over the last year, according to CoreLogic’s 2019 Insurance Coverage Adequacy Report. CoreLogic examined potential underinsurance issues in four regional scenarios, […]
US Real Estate
Zillow: Experts say prevention, not relief, is the cure to fix natural disasters
By
Mike Wheatley
| March 16, 2019
With the growing threat of climate change and natural disasters to communities across the United States, economists and real estate experts favor funding for preventative measures and construction regulations over the government providing or requiring insurance. That was a key finding of Zillow's first quarter Home Price Expectations Survey. It asked more than 100 real […]
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US Real Estate
Natural disasters caused $11B worth of real estate damage in 2018
By
Mike Wheatley
| January 23, 2019
The United States was hit hard by natural disasters in 2018, suffering 11 major events including floods, hurricanes and wildfires.
US Real Estate
Surprisingly, home values in disaster-prone areas appreciate faster than others
By
Mike Wheatley
| September 27, 2018
The median price of a home in an area that’s at risk of a natural disaster such as Hurricane Florence has increased by an average of 40 percent over the last ten years, according to new data from ATTOM Data Solutions.
Mortgage
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Real Estate
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US Real Estate
CoreLogic: Mortgage delinquencies spike following natural disasters
By
Mike Wheatley
| April 12, 2018
Natural disasters such as wildfires, flooding and hurricanes are having a considerable impact on mortgage delinquencies, according to new research from real estate analytics firm CoreLogic.
US Real Estate
Are Your Investments Insured If the Ground Rumbles and the Wind Blows?
By
Brian Kline
| September 29, 2015
Natural disasters and storms happen all of the time. Often in unexpected places. The weather is changing and storms are on the horizon. You may need to give some thought to your property insurance coverage. Many times, you've seen pictures on television of flooding caused by rivers, hurricanes, and other causes. Totally unexpected natural disasters […]
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