Wildfire insurance crisis looms for California homeowners
Homeowners in fire-prone areas of California may soon find there’s no one to insure their properties. Last year, the...
Climate Change
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Climate change is messing with 30-year mortgages
Climate change is affecting the viability of the classic 30-year mortgage, a keystone of the American housing market. Borrowers...
Rising waters are wreaking havoc on the Great Lakes’ real estate
Unusually high water levels and waves on the five Great Lakes are ravaging lakeside homes, infrastructure, and businesses. Some...
Climate change is a real threat to America’s very expensive stadiums
Miami’s Hard Rock Stadium hosts the Kansas City Chiefs and the San Francisco 49ers in Super Bowl LIV on...
A $119B seawall still might not protect Manhattan, critics say
New York could get a $119 billion sea wall to help defend the city from future Sandy-like storms, but...
WATCH: Developers and brokers weigh in on Miami sea level rise
Miami developers and brokers offered their views on the effects of sea level rise on the Miami market, backstage...
New York underwater
When President Donald Trump announced in June that the United States would pull out of the Paris climate accord, New York developer Jonathan Rose sensed that something more than an environmental safety net was...
Fitch to include natural disasters risks to RMBS ratings
Fitch Ratings will include natural disaster risks into its ratings of residential mortgage-backed securities, a sign that the industry...
Plans for NYC’s storm-surge barrier raise environmental concerns
In the years since Hurricane Sandy wrought havoc on the tri-state area, city, state and federal authorities have been...
“No one should be lending for 30 years in most of Florida,” financial climate analyst warns
Real estate lenders and investors are ignoring the rising threat that climate change poses in Florida, which could spell disaster for the state’s economy,...
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