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5 ways climate change is impacting the housing market
 
When someone mentions climate change, your first thoughts might turn to climbing temperatures. However, according to the National Oceanic and Atmospheric Administration (NOAA), climate change extends beyond temperature. The things we rely on, including water systems, energy, transportation, ecosystems, and human and animal health are all changing because of the climate. 
 
What should the real estate community worry about most about the climate? 
When it comes to the housing market, there are significant concerns real estate agents and homeowners should understand. One is the rising sea levels in coastal areas, which puts communities at a greater risk of flooding. Louisiana, Delaware and New Jersey are heavily impacted by rising sea levels, with a combined 55,400 homes at risk of severe flooding by 2030. Another rising concern is the increase in wildfires across California, Oregon and Washington, with some areas reporting more than double the frequency over the previous decade. 
As a real estate agent, it is your responsibility to understand the implications of climate change and how you can best help your clients who are selling or buying in these areas. 
 
The ways climate change impacts the real estate market:
Property values decline.
The values of properties in high risk areas are especially at risk after severe ... more

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