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
Nearly Half of Americans Who Plan to Move Say Natural Disasters, Extreme Temperatures Factored Into Their Decision to Relocate: Survey
Rising sea levels played a role for about one-third of people who plan to move in the next year. Many respondents say they wouldn’t relocate
A Racist Past, a Flooded Future: Formerly Redlined Areas Have $107 Billion Worth of Homes Facing High Flood Risk—25% More Than Non-Redlined Areas
In dozens of American cities including Sacramento and Chicago, formerly redlined neighborhoods have a larger share of homes endangered by flooding than neighborhoods that weren’t
Survey: Over a Quarter of Americans Want to Live Somewhere Else Due to Recent Natural Disasters
A smaller share—23%—say that recent natural disasters have made them like where they live even more. More than a quarter (27%) of Americans said that
Nearly 75% of People Worry About Climate Change When Buying or Selling a Home
Almost three-quarters of people say an increase in the frequency or intensity of natural disasters at least somewhat factors into their decision about where and whether to buy or sell a home.
Los Angeles, Orange & Santa Clara Counties Are at Risk of Losing More Than $2 Trillion Worth of Housing Value Due to Wildfires
Redfin agents say California residents are finally starting to move away from wildfire-prone areas to buy homes in safer regions.
After Last Year’s Malibu Wildfire, New Residents Face Higher Insurance Premiums, While Many Who Lost Homes are Moving Elsewhere
With rising insurance premiums, empty lots, and a shifting focus for clients, the impact of the deadly Woolsey Fire on LA’s coastal canyon housing market can be felt, eight months later.
