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A CALL FOR MORE ACCESSORY DWELLINGS AMID HOUSING CRUNCH

Will Springer Realtor

Lawrence Yun, chief economist at the National Association of Realtors® said in late July: “There are indications that mortgage rates may be topping or very close to a cyclical high.” A climate-risk assessment published by the Risky Business Project estimated that between $66B and $160B worth of real estate will be below sea level by 2050.

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Time for a makeover: Trade groups want a revamp of the major flood insurance program

Housing Wire

We are hopeful that the new Congress will reauthorize the program for long term and also include certain reforms,” said Austin Perez, the National Association of Realtors’ senior policy representative on insurance. Prior to the hurricane, property values in the region were rising “significantly faster than the national median.”

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