Housing Equality & Policy
Climate Change
More People Are Moving In Than Out of Areas Facing High Risk From Climate Change
The U.S. counties with the largest share of homes facing high heat, drought, fire, flood and storm risk saw their populations grow from 2016-2020 due to migration. The counties with the smallest share of homes facing climate risk largely saw their populations decline. Relative affordability may be playing a role: Counties where many homes face
More Than a Third of Utah Homes Face High Fire Risk—A Bigger Share Than Other Western States
39% of homes are in danger of burning in Utah—the country’s fastest growing state—compared with less than 10% in California, Washington and Oregon. In dollar terms, California has the most real estate in jeopardy, with $628 billion of homes facing high fire risk. In Utah—America’s fastest growing state—two of every five homes (39.4%) face high
Homes With High Flood Risk Are Selling for Nearly $50,000 More Than Low-Risk Homes as Pandemic Buyers Chase Waterfront Properties
The typical home with high flood risk sold for $402,010 in the first quarter—a 14% premium over the typical home with low flood risk. That’s double the premium we saw before the pandemic. The median sale price of homes with high flood risk was $402,010 in the first quarter, compared with $353,783 for homes with
1 in 5 Americans Believes Climate Change Is Hurting Home Values In Their Area: Survey
Plus, nearly two-thirds of U.S. homeowners have spent money to protect their homes against climate risks, with over one-third investing $5,000 or more. Extreme temperatures and flooding are among the top concerns. One in five Americans (21%) believes the increasing frequency or intensity of natural disasters, extreme temperatures and/or rising sea levels are hurting home
Nearly Half of Americans Who Plan to Move Say Natural Disasters, Extreme Temperatures Factored Into Their Decision to Relocate: Survey
Rising sea levels played a role for about one-third of people who plan to move in the next year. Many respondents say they wouldn’t relocate to an area with climate risk even if it were more affordable. Many Americans are factoring climate change into their decisions about where to live, according to a new Redfin
A Racist Past, a Flooded Future: Formerly Redlined Areas Have $107 Billion Worth of Homes Facing High Flood Risk—25% More Than Non-Redlined Areas
In dozens of American cities including Sacramento and Chicago, formerly redlined neighborhoods have a larger share of homes endangered by flooding than neighborhoods that weren’t targeted by the racist 1930s housing policy. Many of these at-risk neighborhoods remain predominantly nonwhite. Modern flood-risk maps bear a striking resemblance to 1930s redlining maps. Americans living in formerly
More People Are Moving In Than Out of Areas Facing High Risk From Climate Change
The U.S. counties with the largest share of homes facing high heat, drought, fire, flood and storm risk saw their populations grow from 2016-2020 due to migration. The counties with the smallest share of homes facing climate risk largely saw their populations decline. Relative affordability may be playing a role: Counties where many homes face
More Than a Third of Utah Homes Face High Fire Risk—A Bigger Share Than Other Western States
39% of homes are in danger of burning in Utah—the country’s fastest growing state—compared with less than 10% in California, Washington and Oregon. In dollar terms, California has the most real estate in jeopardy, with $628 billion of homes facing high fire risk. In Utah—America’s fastest growing state—two of every five homes (39.4%) face high
Homes With High Flood Risk Are Selling for Nearly $50,000 More Than Low-Risk Homes as Pandemic Buyers Chase Waterfront Properties
The typical home with high flood risk sold for $402,010 in the first quarter—a 14% premium over the typical home with low flood risk. That’s double the premium we saw before the pandemic. The median sale price of homes with high flood risk was $402,010 in the first quarter, compared with $353,783 for homes with
1 in 5 Americans Believes Climate Change Is Hurting Home Values In Their Area: Survey
Plus, nearly two-thirds of U.S. homeowners have spent money to protect their homes against climate risks, with over one-third investing $5,000 or more. Extreme temperatures and flooding are among the top concerns. One in five Americans (21%) believes the increasing frequency or intensity of natural disasters, extreme temperatures and/or rising sea levels are hurting home
Nearly Half of Americans Who Plan to Move Say Natural Disasters, Extreme Temperatures Factored Into Their Decision to Relocate: Survey
Rising sea levels played a role for about one-third of people who plan to move in the next year. Many respondents say they wouldn’t relocate to an area with climate risk even if it were more affordable. Many Americans are factoring climate change into their decisions about where to live, according to a new Redfin
A Racist Past, a Flooded Future: Formerly Redlined Areas Have $107 Billion Worth of Homes Facing High Flood Risk—25% More Than Non-Redlined Areas
In dozens of American cities including Sacramento and Chicago, formerly redlined neighborhoods have a larger share of homes endangered by flooding than neighborhoods that weren’t targeted by the racist 1930s housing policy. Many of these at-risk neighborhoods remain predominantly nonwhite. Modern flood-risk maps bear a striking resemblance to 1930s redlining maps. Americans living in formerly
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