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
'Big Short' investor: Flooding is the next great threat to home values
Dave Burt, who made a fortune leading up to the Great Recession and later earned notoriety in the 2015 film 'The Big Short,' is sounding the alarm about a growing threat to housing prices: flood risk
by Ben Verde May 31
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
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
No more contract cancellations! Here's how to avoid buyer backouts
Avoid canceled contracts by addressing possible reasons buyers back out ahead of time
by Carl Medford Sep 14
Housing industry 'will not be spared' by climate change: MBA
Extreme weather could strain flood insurance to breaking point, undermine home prices, and drive mortgage defaults, according to the Mortgage Bankers Association
by Matt Carter Sep 27
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
The climate change problem is 'right here.' How will it shape real estate?
At Inman Connect, host Katie Kossev of The Kossev Group was joined by ClimateCheck's Skylar Olsen to explore how climate change will impact real estate decisions
by Craig C. Rowe Jan 28
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
Homeowners are unprepared for flooding in many cities: Report
In cities with floodplains but no recent catastrophic events, few homeowners actually have flood insurance
by Jim Dalrymple II May 27
Climate change will impact real estate 'whether you like it or not'
Miami agent Nick Quay argued Thursday that real estate professionals can thrive by helping their clients understand how climate change will impact them
by Jim Dalrymple II Jan 30
Flood risk data to be made publicly available to shed light on housing impacts
First Street Foundation, a non-profit climate research organization, will share flood risk data with both academic researchers and the general public
by Jim Dalrymple II Jan 14
New Freddie Mac mortgage plan bundles purchases and repairs
The CHOICERenovation program offers homebuyers a single loan with just one set of closing costs that they can use to buy a house and then fix it up
by Jim Dalrymple II Jun 21
Why didn't all the rain put a halt to home sales this spring?
The conventional wisdom is that the past month of nonstop rain should have put a damper on real estate sales, but, in fact, the opposite has happened
by Jim Dalrymple II May 17
Real estate has no clear strategy for addressing climate change risks
The Urban Land Institute highlights the risk that more frequent extreme weather poses to properties and what managers can do to respond
by Patrick Kearns Apr 9