Climate change reshapes real estate, putting $1.5T in value at risk

Climate change has shaken up the U.S. real estate market, with buyers no longer simply seeking better quality of life or affordable housing — but also considering climate risks before purchases. Continue reading

FEMA flood insurance program faces dual existential threats

The National Flood Insurance Program is up against another deadline for renewal while a lawsuit from 10 states takes aim at its proposed pricing change. Continue reading

Homebuyers, lenders increasingly wise to flood risk: Zillow

Mortgage applications were more likely to be denied by lenders or withdrawn by homebuyers in census tracts where a higher share of buildings was at risk of future flooding. Continue reading