Congress grants National Flood Insurance Program a reprieve
The $1.2T funding bill passed by the House Friday averts a partial government shutdown and extends a critical program that protects 4.7M homes through the end of September
by Matt Carter Mar 22
FEMA flood insurance program faces dual existential threats
The National Flood Insurance Program is up against another deadline for renewal while a lawsuit from 10 states takes aim at its proposed pricing change
by Ben Verde Sep 21
Study sounds the alarm on $187B 'climate housing bubble'
Study led by economists at the Environmental Defense Fund identifies some surprising regions, such as Appalachia and northern New England, as overvaluation hotspots
by Matt Carter Feb 16
After 2-year ordeal, FHA borrowers can now buy private flood insurance
The Department of Housing and Urban Development on Monday prevailed in expanding flood insurance choices for homebuyers with Federal Housing Administration-insured mortgages
by Marian McPherson Nov 22
Amid Hurricane Ian disaster, real estate pros begin picking up pieces
The storm slammed into southwestern Florida with winds as high as 150 miles per hour. President Biden said it may prove to be the deadliest hurricane in the state's history
by Jim Dalrymple II Sep 29
HUD homes more likely to be in floodplains: Report
HUD is not required to disclose flood risk to would-be homebuyers, most of whom didn't learn that the home was located in a flood zone until they were told by their lender
by Matt Carter Sep 13
What real estate investors can do for renters whose homes were hit by Ida
The clean up and repair work that remains in Hurricane Ida's aftermath is overwhelming for many, and investors who have rental properties that have been impacted will want to ensure their renters are treated with care
Ida flooding could jeopardize 47,000 home sales in NY and NJ
Flash floods in New York and New Jersey in the aftermath of Hurricane Ida could delay or derail as many as 47,000 pending real estate transactions valued at more than $19.4B
by Matt Carter Sep 7
Millions of homes at risk of flash floods from Tropical Storm Ida
Many homeowners at risk may not have flood insurance
by Matt Carter Aug 30
Miami condo collapse updates: Second lawsuit, warnings in April
Plus, photos taken just days before the collapse show cracked concrete and corroded rebar in the building's garage
by Lillian Dickerson Jun 29
Redfin starts displaying flood risk data on listings
Tech-powered brokerage Redfin is now publishing flood risk data for listings on the company's website where such data is available, impacting listings on over 94M homes
by Lillian Dickerson Feb 18
National Guard troops deployed to fight COVID eligible for VA loans
The new law is a 'game-changer' for thousands of members who support states' pandemic response, as they will now have access to zero-down-payment mortgages
ClimateCheck calculates climate change risk for homeowners
Launched Wednesday, ClimateCheck takes the guesswork out of climate threats for homeowners by allowing access to a property's vulnerability to environmental impacts
Built launches new disaster-tracking tool for lenders
The tool provides the company's lender clients with unique insight into federally declared disaster zones
by Patrick Kearns Sep 3
Realtor.com will include flood risk data for every home
First Street Foundation's flood risk model will appear on both on- and off-market properties
by Patrick Kearns Aug 26