Homeowners’ Climate Risk in Boston Doesn’t Discriminate
While across the nation homeowners of color are more likely to face major climate hazards, in Greater Boston climate risk is largely the same across racial demographics.
$1T Worth of Boston Homes in Danger of Wind Damage
It’s not just flooding you have to worry about: Huge numbers of Boston-area homes could be damaged by high winds in storms made worse by climate change.
Climate Change Is Moving Faster than Flood Insurance, Forcing Mass. Banks to Adapt
Worsening extreme weather, linked to climate change, is bringing catastrophic flooding to homes that have never seen it before, and it’s putting financial institutions risk of serious losses.
Credit Rating Agency Sounds Warning On Mass. Coastal Exposure
The threat coastal flooding poses to property values and property taxes could ding the state’s credit rating in future years, a ratings agency warned this week.
Large Study of Home-Searchers Finds Home’s Flood Risk Substantially Lowers Buyer Interest
A study of 17.5 million users on the home listings portal Redfin paints a concerning picture for home sellers in flood-prone areas.
Flood Risks in Greater Boston Fall Harder on Once-Redlined Areas
A new report shows that once-redlined Greater Boston neighborhoods are at a higher risk of flooding and face substantially higher damages if a flood occurs.
Flood Risk Could Influence Property Prices
New research suggests Massachusetts homes face substantially higher costs from flooding over the next 30 years as climate change worsens the risk of strong storms.
Redfin Joins Realtor.com in Reporting Homes’ Flood Risk
Realtor.com is now no longer the only place to look up a home listing’s flood risk as awareness of climate change-caused flooding continues to increase.
Realtor.com Leads the Way on Flood Risks
Last week’s decision by Realtor.com to explicitly identify a home listing’s flood risk is a gutsy one, and one which the real estate industry should consider emulating.
Realtor.com Becomes First Listings Site to Map Flood Risk
Realtor.com has become the first major home listings site to integrate a flood risk map into each property in its database.
Is Sea Rise Wrecking Coastal Home Values? The Answer: Maybe
Some research suggests rising sea levels and flooding brought by global warming are harming coastal property values. But other climate scientists note shortcomings in the studies, and real estate experts say they simply haven’t seen any ebb in demand for coastal homes.
Paper Should Question Impact of Climate Change
It is a shame that the author of “Sea Level Rise Has Cost New England $403M in Property Value” didn’t do some vetting of the First Street Foundation, which has totally accepted the premise that man-made climate change is causing the sea levels to rise
Sea Level Rise Has Cost New England $403M in Property Value
Climate change, in the form of sea level rise, has cost New England states $403.1 million in property values between 2005 and 2017.
