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Building towards 2050: Ensuring affordable housing in an urbanized America

Housing Wire

By 2050, it is projected that 90% of the U.S. To ensure affordable housing for all by 2050, innovative approaches to urban planning, financing, and policy must be explored. Urbanization is rapidly transforming cities worldwide. population will reside in urban areas, signifying a monumental shift towards city living.

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More than 32 million homes at risk of damages from hurricane-force winds

Housing Wire

The report also analyzes historical data, predictive models and existing weather patterns to project the potential impacts of hurricanes on coastal and neighboring regions by the year 2050.

Insurance 415
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The ‘silver tsunami’ will hit South Florida even harder

Housing Wire

By 2050, however, these numbers are expected to increase significantly to nearly 1.4 Florida already leads the U.S. in the concentration of older adults living there, with more than 18% of its total population comprised of residents 65 and older.

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Amid a climate crisis, some good news for Florida’s housing market

Housing Wire

The chart shows estimated annual losses in physical risk terms per year by 2050 under CoreLogic’s severe climate risk scenario RCP 8.5. 7 on the list above, could see $330 million of losses by 2050 if it does nothing. 1 spot held by Miami-Dade County. In addition, leaders at the county and state level are taking action.

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DataDigest: In the nation’s hottest housing market, flood insurance premiums soar

Housing Wire

billion per year by 2050 from the base period in severe climate-risk scenario,” economists at CoreLogic said. Here are the 10 counties with the highest annual loss projections through 2050. “On the current climate change path, nationwide estimated annual losses may increase to $23.5

Insurance 396
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1.2 million homes face wildfire risk in California

Housing Wire

Depending on greenhouse-gas emissions scenarios, average annual loss projections could increase 31% to 41% in California by 2050, and roughly 40% to 50% in Colorado. In California, CoreLogic estimates that reconstruction costs have gone up 33.5% year over year.

Insurance 367
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HW+ Member Spotlight: Josh Mettle

Housing Wire

Loan officers should be helping clients understand how borrowing for as long as possible benefits the borrower because paying back today’s mortgage with 2030, 2040, or 2050 dollars is a great deal for the borrower. Josh Mettle: Inflation robs from the lender and gives to the borrower.