DataNews Brief

Home prices keep rising in disaster-prone areas, report finds

  • ATTOM Data Solutions analyzed 3,000 counties and 22,000 cities for their risk of earthquakes, floods, hail, hurricane storm surge, tornadoes and wildfires.
  • California had the largest share of cities with 'very high' natural hazard risks.
  • Agents should include natural hazard risk information in presentations for buyers so they won't feel blindsided if a natural disaster happens near their home.

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

The past month has been full of history-making Hurricanes -- first Harvey, then Irma, and now Maria. The wicked wind, torrential rain and devastating floods these storms brought with them have caused billions of dollars in damage and have displaced thousands. These hurricanes have sparked further conversation about climate change, with everyday folks and scientists alike zeroing in on the present-day impact of natural disasters on our cities and homes. As we look at our neighbors in Texas, Florida and the Caribbean work to rebuild their lives, many have begun to wonder: Am I next? ATTOM Data Solutions has sought to answer that question in their 2017 Natural Hazard Housing Risk Report, which details the risk of earthquakes, floods, hail, hurricane storm surge, tornadoes and wildfires for more than 3,000 counties and 22,000 cities. Among 50 U.S. cities included in the analysis with a population of 500,000 or more, those with the highest overall natural hazard housing risk index...