Tag Archives: flooding

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 […]

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 […]

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 […]

The Tampa Bay Times reports: Your Florida coastal home could lose 15% of its value by 2030 due to sea rise   Increasing sea rise is going to water down the value of some of the most coveted and expensive real estate in Florida, and insurance rates will go up too. That’s the conclusion of […]

From https://www.reuters.com/article/us-climatechange-mortgages-idUSKBN1WE0D3 “The market’s failure to integrate climate science with investment analysis has created a mispricing phenomenon that is possibly larger than the mortgage credit bubble of the mid-2000s” “a key culprit for the mispriced risk in the U.S. mortgage market is outdated flood maps drawn by the federal government.” “Due to budget cuts, more […]