The cost of flood damage to homes nationwide will increase by more than 50% in the next 30 years, the First Street Foundation estimates. Flood Insurance Forecast A report by NPR radio, A Looming Disaster: New Data Reveal Where Flood Damage Is An Existential Threat, found: The federal government provides the vast majority of residential […]
Tag Archives: real estate
Increasing Cost and Risk of Flood Insurance
Posted in Environment, Global Warming, Science
Also tagged climate change, flood insurance, flooding, rising sea level
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Increasing Cost of Flood Insurance
“Increased awareness of flood risk and rising future insurance costs impact perceptions of value, which will impact real estate markets,” said Matthew Eby, founder and executive director of First Street Foundation. First Street Foundation published a report that concludes: “Rising sea levels and extreme weather could cause $20 billion of flood damage to at-risk U.S. […]
Posted in Environment, Global Warming, Science
Also tagged climate change, flood insurance, flooding, rising sea level
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The Cumulative Costs of Climate Change
“The crisis carries a profound warning. As climate change brings more frequent and intense storms, floods, heat waves, wildfires and other extreme events, it is placing growing stress on the foundations of the country’s economy: Its network of roads and railways, drinking-water systems, power plants, electrical grids, industrial waste sites and even homes. Failures in […]
Posted in Environment, Global Warming, Science
Also tagged Business, climate change, costs, global warming, human activity, human induced
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Flood Factor: Estimate Flood Insurance Risk by Address
Flood Factor allows you to enter a property address to determine the future risk of severe flooding. Access data calculated by a team of more than 80 world-renowned experts using decades of peer-reviewed research. Over 142 million properties, neighborhoods, and cities analyzed View any home’s Flood Factor and understand what can be done to protect […]
Posted in Environment, Global Warming, Science
Also tagged climate change, flood insurance, flooding, rising sea level
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You Can Not Fight the Rising Tide
aA “Built atop spongy marsh and old tidal creeks filled with sawdust” A report by Yale School of the Environment found cities are going to lose the costly battle to hold back the sea. “It’s a nightmare,” says Ana Zimmerman, who moved her family to higher ground after her James Island home flooded twice. “wall-off […]
Posted in Environment, Global Warming, Science, weather
Also tagged climate change, flood insurance, flooding, rising sea level
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Sea Level Rise and Real Estate
In the research paper, Sea level rise and coastal flooding threaten affordable housing, the authors explain how vast sections of real estate will become uninhabitable in the near future. About Flood Insurance Do I Need Flood Insurance? Flood Risks Across the USA Seriously Underestimated Climate Change: Suspension Of Belief Climate Denial and Climate Change Change […]
Posted in Environment, Global Warming, Science
Also tagged climate change, coastal flooding, flood insurance, rising sea level
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Residential Real Estate Flood Risk Information
Do you know if you need flood insurance? Do you know if you have flood insurance? What happens when your house gets flooded? Flood risk information has not been readily available to the average consumer. Climate change is making your flood risk drastically increase. Now, one of the major real estate databases (Realtor.com) is making […]
Posted in Environment, Finance, Global Warming
Also tagged climate change, flood insurance, flooding, rising sea level
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Greenland Ice Sheet: largest single contributor to rising sea levels.
Dynamic ice loss from the Greenland Ice Sheetdriven by sustained glacier retreat by Michalea D. King, Ian M. Howat, Salvatore G. Candela, Myoung J. Noh, Seonsgu Jeong, Brice P. Y. Noël, Michiel R. van den Broeke3, Bert Wouters, Adelaide Negrete Greenland-Ice-Sheet.pdf The Greenland Ice Sheet is losing mass at accelerated rates in the 21st century, […]
Posted in Environment, Global Warming, Science
Also tagged climate change, flood insurance, rising sea levels
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Far More Properties At Risk: Flood Insurance Exposure
The last link is a map that lets you find flood risk exposed properties by zipcode Far more properties at flood risk than estimated: ” far more U.S. homes — an estimated 14.6 million — face flooding conditions on par with those in FEMA’s 100-year floodplain. In contrast, FEMA’s maps classify 8.7 million homes as […]
Posted in Environment, Global Warming, Science
Also tagged climate change, flood insurance, flooding, rising sea level
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Climate Change and Mortgage Change
New York Times By Christopher Flavelle June 19, 2020 Rising Seas Threaten an American Institution: The 30-Year Mortgage Climate change is starting to transform the classic home loan, a fixture of the American experience and financial system that dates back generations. WASHINGTON — Up and down the coastline, rising seas and climate change are transforming […]
Posted in Environment, Global Warming, Science
Also tagged climate change, flood insurance, flooding, rising sea level
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