Tag: Flood Risk
-
Could Climate Change… Your Credit Score?
Since the 1980s, climate-related disasters have gradually ticked up. And the annual dollar cost of disaster losses and recovery has risen 1,580%. This statistic comes from First Street, a firm known for its analyses of climate risks to real estate. The firm researches the costs of wildfires, storm winds, and water infiltration. In a year…
-
Safe or Sorry? The Evolving Law of Disclosing Flood Risk (and How to Look Up Your Own Home’s Risk of Flooding)
How many of us ask about flood risk before buying a house or renting an apartment? In many areas of the country, whether we rent or buy, no one mentions flood risk. And yet, for millions of homes, flood risks keep increasing. Knowing whether a home has flooded, or is at high risk of flooding,…