More than one-quarter of US homes are exposed to severe climate risk

Today, more than one-quarter of U.S. homes, which represent $12.7 trillion in property value, are vulnerable to at least one type of severe or extreme climate risk, according to a new report released by Realtor.com. Continue reading

Fire country: A growing threat to homes, lives, real estate careers

Fire doesn’t just destroy structures, Chris Drayer writes. It changes markets and careers, and if we’re not paying attention, it will burn us. Continue reading

Prefab home companies step in to rebuild LA wildfire zones

Labor shortages, high material costs and permitting delays have stretched rebuilding timelines into years. In response, a wave of prefab housing companies is stepping in with solutions to meet the urgency of the moment. Plant Prefab, Azure Printed Home… Continue reading

FEMA held back Direct Lease for LA wildfire survivors. Here’s why

Despite more than 13,000 homes destroyed in the January Los Angeles wildfires and many residents still trying to pick up the pieces, the program was never activated in Los Angeles. According to a FEMA spokesperson, housing data doesn’t justify the need… Continue reading

Helene death toll surpasses 100; communities face tough rebuild

Some of the areas worst hit by the storm were in more remote western North Carolina mountain towns, like Asheville, where more than 40 people died, and where communities were cut off from cell and internet services, as well as water and power. Continue reading

Congress grants National Flood Insurance Program a reprieve

The $1.2 trillion funding bill passed by the House Friday averts a partial government shutdown and extends a critical insurance program that protects 4.7 million homes through the end of September. 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

Study sounds the alarm on $187B ‘climate housing bubble’

A study led by economists at the Environmental Defense Fund identifies some surprising regions, such as Appalachia and northern New England, as overvaluation hotspots. Continue reading

After 2-year ordeal, FHA borrowers can now buy private flood insurance

The Department of Housing and Urban Development on Monday announced it had prevailed in expanding flood insurance choices for homebuyers with Federal Housing Administration-insured mortgages. Continue reading

Amid Hurricane Ian disaster, real estate pros begin picking up pieces

The storm slammed into southwestern Florida with winds as high as 150 miles per hour. President Biden said it may prove to be the deadliest hurricane in the state’s history. Continue reading