Housing Equality & Policy
Climate Change
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
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.
