
One out of every 4 homes is at ‘severe or extreme’ climate risk, study says
via realtor.com
Short excerpt below. Read at the original source.
More than one in four U.S. homes—amounting to $12.7 trillion in real estate—faces at least one type of “severe or extreme climate risk,” like floods, hurricanes, and wildfires, according to a Realtor.com® Climate Risk Report. The report by economist Jiayi Xu details how these mounting climate threats are reshaping housing markets, creating major financial burdens […]