Tag: climate change
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As Asheville Recovers, Home Buyers Rethink the Whole “Climate Haven” Idea
Asheville, a quaint and popular North Carolina town, has long been known for its welcoming atmosphere and a mild, inviting climate. Indeed, a public radio station once showcased Asheville as winning the real estate stakes of an unsettled climate. It’s now well understood that tropical storms get supercharged by human-driven effects on the atmosphere’s temperatures.…
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Florida Hurricanes Raise a Question: Can We Guard Our Deeds From Climate Losses?
October saw a string of dangerous and deadly storms in Florida. Those who made it through the storms are now cleaning up, in the midst of severe property damage along the Gulf Coast. With Hurricane Milton quickly following Hurricane Helene, Florida homeowners’ insurance adjusters had their hands full. No wonder insurance payouts to Floridians in…
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As Home and Condo Insurers Back Away, What’s a California Deed Holder to Do?
It’s wildfire season in California. You want to buy there, and yet you might have heard reports of homeowners being left stranded by their insurance companies. So you have special concerns about whether you’ll have trouble getting a home or condo owner’s policy. Your concerns are well founded. The California Association of REALTORS® found that…
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What’s the Low-Down on This Housing Market? Harvard Weighs In.
The Joint Center for Housing Studies at Harvard has just published its 2024 State of the Nation’s Housing report. HOUSING COSTS STRAIN OWNERS AND RENTERS ALIKE, the report proclaims. MILLIONS PRICED OUT OF HOMEOWNERSHIP. The headlines say it all, right? While construction is starting to bolster inventories, the new report notes certain persistent issues: record…
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Is the Deed Still Good After Erosion?
Boundaries of waterfront property can change. And today, more and more, homes near beaches or tidal rivers are losing land. The issue? Climate-related sea level rise. The impact? U.S. coastlines will see tides rise by about a foot between now and 2050, according to the National Oceanic and Atmospheric Administration. That’s a century’s worth of…
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Wait—Did Alabama Put Restrictions on Flooded Home Deeds So Owners Can’t Sue?
Homeowners in Shiloh, situated in Coffee County in southern Alabama, have questions. According to an exposé by Inside Climate News, officials put deed restrictions on their home titles, preventing them from suing the state. These covenants run with the land, binding the deed holders — and anyone who might ever receive their deeds, far into…
