Tag Archives: flood zones

Only a quarter of respondents living in medium-risk flood areas who participated in Fannie Mae’s Flood Survey were familiar with government-backed flood insurance plans, what they cover, and—more specifically—what they don’t cover.

While nearly 40% of total U.S. residents live in coastal regions, a new CoreLogic report revealed that approximately 41 million U.S. residents face the risk of flooding along rivers and streams. Click here to see how flood risk impacts overall home values in the Sunshine State.

“The above analysis clearly indicates a property in flood zones sells for less and appreciates slower over time than a similar property outside flood zones, given everything else is equal, in Miami,” according to CoreLogic's report.

Redfin reports homebuyers are relocating to climate risky areas, despite intensifying natural disasters, as homes with high fire and flood risk sold for a premium during the pandemic.

3,533 people responded to a 15-minute survey from Fannie Mae in November and December 2020 about the National Flood Insurance Program (NFIP) to better understand consumer awareness, understanding, and attitudes toward flood risk, flood insurance, and related resources.  Respondents were ...

A proactive approach to flood portfolio management is the right move for servicers navigating today’s extremely active marketplace.

New data says more properties could be at risk for damage than initially estimated.