Hundreds of homes destroyed in worst-ever California wildfires



Some 42 people are confirmed killed, with more than 200 missing as three wildfires swept through California this week, razing hundreds of homes to the ground. The death toll is said to be a grim new record in the Golden State, beating the 31 victims who died during the 1933 Griffith Park disaster in Los […]

Despite the risks, wildfires don’t put off home buyers



Wildfires have been ravaging the eastern coast of the United States this summer, but the risk of having your home destroyed in a blaze hasn’t prevented home buyers from purchasing in at-risk areas, according to a recent study.

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.

Fannie Mae and Freddie Mac offer mortgage relief to California’s wildfire victims



Fannie Mae and Freddie Mac, the two government-sponsored entities that finance the majority of mortgages in the U.S., have announced relief for homeowners affected by the record-breaking wildfires currently affecting California. The two GSEs said borrowers living in disaster zones that have been officially declared as such by the Federal Emergency Management Agency may be […]

How wildfires are impacting California’s real estate markets



A total of 18 wildfires have spread throughout California this week, scorching an area larger than the city of Los Angeles, officials said on Wednesday

Californians could struggle to get housing insurance after wildfires blaze through the state



As wildfires continue to blaze in parts of southern California, officials fear that insurers will soon stop offering coverage for homeowners in the state.

California wildfire victims to get mortgage relief



Homeowners whose properties have been lost or damaged by the wildfires in California this year might be able to defer their mortgage payments

RealtyTrac: 35.8 million single family homes face natural disaster risk



RealtyTrac has announced the timely release of its second annual U.S. Natural Disaster Housing Risk Report that takes a look at the possible impact of five natural disaster types that may impact on U.S. housing.

White House Resiliency Recommendations Welcomed by SmarterSafer.Org



SmarterSafer. org is a bipartisan coalition which is dedicated to more fiscally and environmentally sustainable disaster response, and has  applauded the White House’s recommendations that communities throughout the country should be better equipped to deal with the impacts of increasingly dangerous natural disasters. The coalition released a statement saying “It is encouraging to see the […]

Record-Breaking Year for Natural Disasters in US



2011 has been a record-breaking year for the US in terms of natural disasters, with hurricanes, earthquakes, floods, wildfires and tornados all wreaking havoc this year. In fact, the disasters have been so commonplace that the current cost estimate for the damage is reckoned to be $52 billion, a total that is still growing, according […]

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