Housing Equality & Policy
Climate Change
Thousands More People Are Moving In Than Out of Fire- and Flood-Prone America, Fueled by Migration to Texas and Florida
America’s high-fire-risk counties saw a net inflow of 63,000 people last year, driven by migration to Texas. High-flood-risk counties saw a net inflow of 16,000,
Climate Experts Explain How to Consider Extreme Weather Threats When Buying a Home This Summer
Redfin’s chief economist and First Street’s head of research give homebuyers advice on how to think about climate disasters, insurance and home values when deciding
70% of Florida Homeowners Have Seen Rise in Insurance Costs or Changes in Coverage: Survey
12% of Florida respondents who have faced insurance changes have been dropped by their insurance company—an increasingly common trend as insurers back out of flood-prone
Climate Change Pushes Up Home Insurance Premiums
Originally published to Forbes on September 18, 2023. A recent study from PolicyGenius found that quoted homeowner’s insurance premiums increased by 21% nationally from May 2022
Redfin Adds Wind Risk Data for U.S. Homes
This week, Redfin became the first brokerage to publish wind risk data for nearly every U.S. home for sale on Redfin.com. That means you can
Migration Into America’s Most Flood-Prone Areas Has More Than Doubled Since the Start of the Pandemic
Nearly 400,000 more people moved into than out of the most flood-prone counties in 2021 and 2022—a 103% increase from the prior two years. The
Over $50 Billion Worth of Los Angeles Homes Were Impacted by the January Wildfires
The typical home that was impacted had a value of $3.7 million prior to the fires. $51.7 billion worth of homes in the city of
Florida Condo Prices Are Holding Up Best Away From the Coast
Condo prices are up 5% year over year in inland Florida, but down a respective 5% and 3% on Florida’s Gulf Coast and Atlantic Coast.
Older Americans Are More Likely to Buy Disaster-Prone Homes Than Younger Americans
37% of home purchases made by people 65+ occur in counties with high risk of extreme heat, compared with 32% of purchases made by people
Homes With Low Natural Disaster Risk Are Rising in Value Faster Than Homes With High Risk for the First Time in Over a Decade
This year marked the first time since 2010 that low-risk homes across three major climate categories—heat, fire and flood—gained value faster than high-risk homes. That
41% of Florida Residents Have Money Set Aside for Climate-Related Repairs: Survey
Two in five (40.8%) Florida residents have set aside funds for home repairs relating to unpredictable events caused by climate change. That’s according to a
Nearly One-Third of Young Adults Say Hurricane Helene Has Made Them Reconsider Where They Want to Live in the Future: Survey
Almost one-quarter of respondents overall expect insurance premiums in their area to increase after the storm. Nearly one-third (32%) of U.S. residents aged 18-34 say
