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
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.
