More homeowners disaster-proofing homes, Freddie Mac finds
Awareness of disaster risk has increased in the public and private sectors, and it appears to be prompting more interest in home improvements in particular.
Disaster planning
Hurricane risk will affect $11T of properties in 2024
Although experts are predicting an active season, actual damages could be lower depending on how many storms make landfall and where, Corelogic reported.
Ian’s wrath slams real estate as industry weighs climate risk
Wind and storm surge damage to residential and commercial properties could reach $47 billion, according to a CoreLogic analysis.
Increased hurricane damages likely in 2022
Following the third most active season on record, the 2022 forecast predicts La Niña will drive increased Atlantic storm development.
Coronavirus highlights limits of Fed’s power
In announcing the central bank’s emergency rate cut, Chairman Jerome Powell warned that the Fed can only do so much.
Rising uninsured storm damage share points to flood coverage gaps
The percentage of flood damage to residential properties from Hurricane Harvey that is uninsured is turning out to be a little higher than earlier estimates.
