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Most Americans say weather events are increasing the risk to their homes

Housing Wire

Slightly more than half of Americans say that weather events are becoming an increasing risk factor for their homes, while nearly one in five report difficulties in accessing homeowners insurance. The data follows the arrival of a serious weather event in the form of Hurricane Helene , which made landfall in Florida on Thursday.

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Real Estate Solutions Event Offers Agents Critical Insights 

Appraisal Buzz

The post Real Estate Solutions Event Offers Agents Critical Insights first appeared on The MortgagePoint. The post Real Estate Solutions Event Offers Agents Critical Insights appeared first on Appraisal Buzz.

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The ‘silver tsunami’ will hit South Florida even harder

Housing Wire

15, the South Florida Regional Planning Council held an event called “Preparing for the Silver Tsunami: Planning and Policy Solutions for Southeast Florida’s Communities.” million people who are at least 65 and 312,000 who are at least 85, according to information shared at the event and reported by the Post.

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Powell’s remarks shoot mortgage rates higher

Housing Wire

Market players were already talking about how the Fed would dial back rate cuts in 2025, but Powell didnt sound sure of himself in that press event and left an opening to create tighter financial conditions. Everything was calm but the markets werent ready for the Fed statement or press event. So what gives? What a crazy day!

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This one company owns 9,000+ homes in California (interactive map)

Sacramento Appraisal Blog

UPCOMING (PUBLIC) SPEAKING GIGS: 12/08/23 Free Q&A event for appraisers only (on private work) […] The post This one company owns 9,000+ homes in California (interactive map) first appeared on Sacramento Appraisal Blog. It’s truly stunning to see that a company like Invitation Homes owns over 9,000 units in California.

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Forbearances on the Rise Nationwide 

Appraisal Buzz

According to the NOAA’s National Centers for Environmental Information , four new billion-dollar weather and climate disasters were confirmed in July 2024, including one severe weather event that impacted the southern U.S. The total cost of these events exceeds $49.6 June 24–26) and Hurricane Beryl (July 8–9).

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Florida has built 77,000 new homes in high-risk flood areas

Housing Wire

Climate change is having a pronounced impact on the housing market, particularly when it comes to the accelerating risks of extreme weather events in areas that were already vulnerable to impact. The acceleration of extreme weather events has only made things worse. “A lot of times that’s not happening right now.”

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