Tag Archives: floods

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.

With the beginning of hurricane season mere weeks away, Senate Minority Leader Chuck Schumer has announced an “all-out push” to convince Congress to extend and reform the nation’s flood insurance program. Schumer shone a spotlight on the issue Monday during ...

Natural disasters caused a record $306 billion in damages to the United States in 2017, according to the National Oceanic and Atmospheric Administration. With the next hurricane season fast approaching, the United States Department of Housing and Urban Development on ...

The effects of last year’s major natural disasters, including hurricanes and wildfires, have been evident in the housing market in recent months. Disaster-related early mortgage delinquencies have progressed into serious delinquencies in affected markets, according to CoreLogic’s Loan Performance Insights report, ...

According to the National Hurricane Center, Hurricane Harvey caused $125 billion in damage during its rampage in August 2017. The storm killed damaged 203,000 homes and destroyed 12,700. Eight months after the storm, the recovery continues—and that recovery is about ...

Houston has recovered remarkably well from last year’s hurricane season. After an initial spike in delinquencies in the months following the storm, the Texas Association of Realtors recently reported that home sales volume and home prices in the Lone Star ...

Now and then, Mother Nature reminds us of her power—but 2017 was outrageous. It was a record-breaking year for disasters. According to a recent New York Times report, the combined insured losses from Hurricanes Harvey, Irma, and Maria accounted for ...

Texas coastal communities are still rebuilding after the impact of Hurricane Harvey last year. But in addition to rebuilding what was damaged or destroyed, the affected communities must also look to the future and prepare for future storms. FEMA is ...

It’s been six months since Hurricane Harvey made landfall in Texas, but many residents in the South Texas area are still trying to recover from the storm’s impact. Post-storm mortgage delinquencies spiked as affected homeowners missed payments or worked to ...