According to CoreLogic, Hurricane Idalia could damage more than 800,000 homes along the Gulf Coast area of Florida with a reconstruction cost value of approximately $238.4 billion, as storm surge heights are anticipated to rise to more than 15-feet.
Read More »CoreLogic Announces Suite of Property Risk Tools
New solution offers a view of physical risk, leveraging Google Cloud, combining hyperlocal property data with financial information to estimate and mitigate the impact and cost of future catastrophes.
Read More »More Homeowners Investing in Climate Risk Protection
Redfin has found that one-third of homeowners have spent $5,000 or more to make their homes more resilient to climate risk, and 36% say they have an insurance policy covering flooding—a higher share than other climate risks.
Read More »Measuring Hurricane Ian’s Impact on the Sunshine State’s Housing Market
edfin reports that pending home sales fell more than 50% in three Florida metros hit hardest by Hurricane Ian, with new listings slumping in all three metros as well.
Read More »Flood Risk Becoming More Prominent Industry Concern?
Areas with a higher risk of flooding are seeing an increase in the rate of mortgage application denials and withdrawals, while risks associated with other climate events are having little impact on mortgage lending in those areas.
Read More »Hurricane Ian Property Damage Estimated at $28B-$47B in Florida
CoreLogic estimates that residential and commercial property loss from Hurricane Ian’s wind and storm surge damage will make it the costliest storm to hit the Sunshine State since Hurricane Andrew in 1992.
Read More »Hurricane Ian’s Potential Housing Impact
Despite being downgraded to a tropical storm while passing over Florida, Ian has intensified into a hurricane again as of press time, barreling towards the coast of South Carolina. Here’s what CoreLogic experts previously projected regarding potential reconstruction cost values of all homes impacted by Ian’s destructive path.
Read More »State of Emergency Declared For Louisiana
With Hurricane Barry estimated to make landfall by Saturday, DS News takes a look at how such storms can affect homeowners and their properties.
Read More »The Impact of Storm Surges on Housing
A storm surge is among the most destructive parts of a hurricane. Find out where a storm surge could cause the most damage to single-family homes on the East Coast this hurricane season.
Read More »2018 Hurricane Storm Surge Damage Could Top $1 Trillion
After last year’s damaging storm season, a new report looks ahead to the potential damages that could unfold this year from hurricane storm surge. Click through to learn where the risks are highest in 2018.
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