
Homebuyers With Access to Flood-Risk Data Bid on Lower-Risk Homes
Redfin users who viewed homes with severe and/or extreme flood risk prior to a Redfin experiment proceeded to bid on homes with 54% less risk
Sebastian is a Ph.D. candidate in Urban Economics & Policy Analysis at MIT and the Summer ’21 Economist Intern at Redfin. At MIT, he focuses on understanding how the materialization of common or rare intense risks — i.e., shocks — affect the well-being of people, communities, and cities. His applied and theoretical work lies at the intersection of housing, climate change, health, and inequality.

Redfin users who viewed homes with severe and/or extreme flood risk prior to a Redfin experiment proceeded to bid on homes with 54% less risk

74% of U.S. metros with more than half of homes facing intense drought saw more people move in than out this year. An estimated $17

About 63,000 home-purchase agreements were called off in July, equal to 16% of homes that went under contract that month. That’s the highest rate in

A dearth of buyers and relatively few new listings are leading to an uptick in homes sitting on the market longer than a month. It’s

In the three years after major fires, home prices rise 21% in directly-hit areas on average, compared with 33% growth just outside of fire zones.

The U.S. counties with the largest share of homes facing high heat, drought, fire, flood and storm risk saw their populations grow from 2016-2020 due

Redfin users who viewed homes with severe and/or extreme flood risk prior to a Redfin experiment proceeded to bid on homes with 54% less risk

74% of U.S. metros with more than half of homes facing intense drought saw more people move in than out this year. An estimated $17

About 63,000 home-purchase agreements were called off in July, equal to 16% of homes that went under contract that month. That’s the highest rate in

A dearth of buyers and relatively few new listings are leading to an uptick in homes sitting on the market longer than a month. It’s

In the three years after major fires, home prices rise 21% in directly-hit areas on average, compared with 33% growth just outside of fire zones.

The U.S. counties with the largest share of homes facing high heat, drought, fire, flood and storm risk saw their populations grow from 2016-2020 due