Housing Equality & Policy
Climate Change
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
Home Listings, Sales Bounce Back in Florida Towns Hit by Hurricane Ian Despite Increasing Climate Risk
The Cape Coral metro area has more than made up for the plunge in new listings caused by the storm. Home sales have also started
58% of Homeowners Have Spent Money to Protect Their Homes From Climate Threats: Survey
One-third of homeowners have spent $5,000 or more to make their homes more resilient to climate risk. Overall, extreme temperatures are the most common climate
Pending Home Sales Plummet Over 50% in Three Florida Metros Hit by Hurricane Ian
Cape Coral saw pending sales sink 58%—nearly double the national decline—while Naples and North Port saw similar drops. New listings also slumped in all three
Nearly Two-Thirds of Homebuyers and Sellers Are Hesitant to Move Somewhere With Climate Risk: Survey
62% of people who plan to buy or sell a home in the next year are reluctant to relocate to a place at risk of
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
America Is Increasingly Building Homes in Disaster-Prone Areas
55% of homes being built today face fire risk, compared with 14% of homes built from 1900 to 1959, as suburbanization and a shift to
