Apply Online
Schedule a Call

Climate Change

43.5 million U.S. properties face mounting hail risk, Cotality finds

Climate Change, Cotality, Homeowners insurance, Housing Market, Mortgage, Natural Disaster, Weather /

More than 43.5 million U.S. properties are at moderate or greater risk from hail damage, representing about $17.84 trillion in reconstruction cost value, according to Cotality’s 2026 Severe Convective Storm Risk Report released Tuesday. The report finds that hailstorms are emerging as one of the most financially destructive natural hazards for the housing market, with […]

43.5 million U.S. properties face mounting hail risk, Cotality finds Read More »

Borrower hesitation in high-cost regions

Climate Change, Housing markets, Originations /

Affordability pressures continue to reshape purchase demand, particularly in coastal and climate-exposed markets. Borrower hesitation in high-cost regions no longer stems from rate volatility alone, as insurance premiums, property taxes, and total cost-of-ownership calculations now drive measurable pauses in decision-making. Processing Content Lenders operating in high-cost metros report longer decision cycles, increased prequalification fallout, and

Borrower hesitation in high-cost regions Read More »

Insurance costs ‘seriously’ influencing many home purchases

Climate Change, Homeowners insurance, Housing markets, Servicing /

The effect of surging insurance costs over the past few years is raising alarms for many homeowners, with nearly half saying higher premiums are “seriously” influencing new purchase strategy. Processing Content Approximately 49% of homeowners said insurance costs factored in either “very heavily” or “seriously” behind purchase decisions, according to a recent survey from Kin.

Insurance costs ‘seriously’ influencing many home purchases Read More »

US lawmakers launch probe into insurance rating firm in Florida

Climate Change, Florida, Homeowners insurance, Insurtech /

(Bloomberg) –Three US senators opened an inquiry into insurance ratings firm Demotech and whether its assessments may be exposing Fannie Mae and Freddie Mac — and ultimately taxpayers — to growing risks tied to climate-driven insurer failures. Processing Content In a letter sent Tuesday to Fannie Mae acting Chief Executive Officer Peter Akwaboah and Freddie Mac CEO Kenny Smith,

US lawmakers launch probe into insurance rating firm in Florida Read More »

Impact of climate-fueled disasters seen in insurance, real estate data

Impact of climate-fueled disasters seen in insurance, real estate data

California, Climate Change, Insurance, Louisiana, Property taxes, Public finance, Trends in the Regions /

Point-Aux-Chenes, Louisiana, after Hurricane Ida in 2021.Bloomberg News Climate change-driven disaster risks are having a measurable impact on property insurance rates and home values, according to a recent National Bureau of Economic Research paper. Processing Content In a paper released in June 2024 and revised last month, academics Benjamin Keys and Philip Mulder say their

Impact of climate-fueled disasters seen in insurance, real estate data Read More »

Zillow deleting home climate risk scores reveals limits of flood, fire data

Climate Change, Flood insurance, Servicing, Weather and Climate Change Risk /

When Zillow Group Inc. removed climate risk scores from its home listings last month, following a complaint from the real estate industry, many observers took to the press and social media to warn that disappearing the data doesn’t get rid of the risk.  In a world assailed by extreme weather, homeowners and purchasers need to know their property’s vulnerability to

Zillow deleting home climate risk scores reveals limits of flood, fire data Read More »

Redfin defends climate risk transparency after Zillow removes data

Climate Change, HWmember, MLS/Associations, Real Estate, Realtor.com, Redfin, Technology, Zillow /

While Zillow made waves earlier this week after removing climate risk data, which was supplied by First Street Technologies, from its listings, Redfin has taken a different approach. In a post on LinkedIn, Redfin’s chief economist Daryl Fairweather wrote that her firm had made the choice to continue displaying the data “because homebuyers find climate

Redfin defends climate risk transparency after Zillow removes data Read More »

Industry, advocates react to California’s proposed insurer solvency rules

Industry, advocates react to California’s proposed insurer solvency rules

California, Climate Change, Property and casualty insurance, Regulation and compliance /

Takeaways: Large insurers would have to assess and disclose climate risks Proposal requires risk projections for next three decades Advocates want more risk mitigation efforts and disclosures California insurance commissioner Ricardo Lara’s proposed Long-Term Solvency Regulation, announced October 28, has insurers criticizing its provisions while consumer advocacy groups call for more disclosures and climate mandates.

Industry, advocates react to California’s proposed insurer solvency rules Read More »

Homebuyers embrace sustainability, efficiency in 2025

Agent, Climate Change, Home Sales, Homebuyers, HWmember, Real Estate, Real Estate Agents, Realtor, Realtor.com /

Americans are redefining home comfort and value by focusing on efficiency, sustainability and natural design, according to Realtor.com’s 2025 Hottest Home Trends Report. Findings reflect a nationwide shift away from large, aesthetic features toward practical, eco-friendly and tech-driven living. WaterSense fixtures — which reduce water use by at least 20% — were the fastest-rising feature

Homebuyers embrace sustainability, efficiency in 2025 Read More »

Climate change increasingly worries potential homebuyers

Climate Change, Housing markets, Originations /

After hurricanes in Florida, floods in Texas and wildfires in California plagued the United States this year, homeownership worries Americans, a survey released Wednesday showed. More than two-thirds of Americans believe homeownership is riskier now than it was 10 years ago due to climate change and natural disasters, according to a survey conducted by Clever

Climate change increasingly worries potential homebuyers Read More »