A recent Redfin analysis reveals that Americans are increasingly factoring natural disaster risk into their homebuying decisions, with homes in low-risk areas appreciating in value more quickly during the past year than those in high-risk areas. This marks the first time in over a decade that such a shift has occurred.
Source: Inman News
Low-risk homes appreciate as climate concerns shift the market
Published in average home values, California housing, climate risks, Elijah de la Campa, First Street, homebuying, insurance costs, Markets & Economy, natural disaster insurance, natural disaster risk, natural disasters, News Brief, property taxes, Redfin, Redfin analysis, Redfin chief economist, Redfin Estimates and Select
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