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
More People Are Moving in Than Out of Places Experiencing Intense Drought
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
For Cleveland Homebuyers, the Typical Energy Utility Bill Is Equal to 31% of Mortgage Costs—A Higher Percentage Than Any Other Major Metro
Nationwide, energy costs are taking up a smaller portion of homeowner expenses because they’re not surging nearly as quickly as housing prices. The typical U.S.
Scores of Pandemic Homebuyers Purchased Vacation Homes With High Natural-Disaster Risk
Purchases of second homes with high flood, storm and/or heat risk surged roughly 40% over the past two years. Many pandemic homebuyers purchased vacation homes,
Homes With High Fire Risk Sell For Nearly $120,000 More Than Low-Risk Homes As Americans Flock to Fire-Prone Suburbia
The typical high-fire-risk home sold for $550,500 in April, while the typical low-risk home sold for $431,300. That’s the biggest premium since at least 2017.
In Texas and Florida, Nearly 90% of Flood-Insurance Policyholders Set to See Premiums Rise Due to FEMA Overhaul
The two Sun Belt states—which have gained more residents than any other state during the pandemic—are getting hit hardest by FEMA’s price hikes. By comparison,
Real-Estate Investors Bought a Record 18% of the U.S. Homes That Sold in the Third Quarter
Investors purchased a record $64 billion worth of homes as growing housing and rental prices boosted prospects for returns. Single-family homes made up nearly three-quarters
