Climate change poses a significant threat to the real estate industry, which has been slow to adopt standards to deal with the rising threat, according to a study published this week by the Urban Land Institute, a nonprofit education and research insti… Continue reading
Federal officials are reportedly exploring a new flood insurance reform plan that would rely more heavily on data, potentially offering homeowners more transparency about the risks they face while also driving up rates in some areas. Continue reading
In a nutshell, it sets a minimum bar for private insurance policies; if the policies meet those requirements, lenders who require flood insurance will have to accept them. Continue reading
The Federal Emergency Management Agency ruled Thursday it will not approve new or renew existing flood insurance plans during the government shutdown. Continue reading
The U.S. Senate on Thursday passed a six-month extension to the National Flood Insurance Program just hours before the program lapsed. Continue reading
The deadline to extend the National Flood Insurance Program expires Friday, meaning House and Senate have two days during the lame duck session to ensure homeowners will have protection. Continue reading
We looked into what the National Association of Realtors (NAR), one of the top lobbying organizations in the U.S. for total spending, spent on the 2018 midterm elections. Find out how it spent millions here. Continue reading
What are the issues most important to the National Association of Realtors, the largest real estate trade group in the nation and a powerful lobbying force? Continue reading
A client’s lack of knowledge when it comes to flood coverage can be shocking and stressful. So what can Realtors and brokers do to help protect their clients? Start by talking about flood insurance. Here are nine points to start off with. Continue reading
How do you help clients determine what best protects their investment and will give them peace of mind? Here are a few important things to keep in mind when counseling clients on the all-important question of flood insurance. Continue reading