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Florida's new law mandates flood history disclosure for homebuyers

Florida's new law mandates flood history disclosure for homebuyers

Florida's new law requires home sellers to disclose flood history to buyers, aiming to mitigate risks in vulnerable areas.

Amy Green reports for Inside Climate News.

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What are the worst cities and states for climate change effects?
Photo by Gus Ruballo on Unsplash

What are the worst cities and states for climate change effects?

The consequences vary widely over time and space, so it’s difficult to make a definitive ranking that says “buy here, not there,” but a growing body of evidence helps highlight some general trends.

When told about flood risk, homebuyers shun vulnerable homes, study finds

When told about flood risk, homebuyers shun vulnerable homes, study finds

When told about risks from flooding, prospective homebuyers were less likely to make offers on vulnerable properties, according to new research, which says that a growing awareness of climate risk could stunt home prices in flood-prone areas.

Fannie Mae urges new flood disclosures for homebuyers

Fannie Mae urges new flood disclosures for homebuyers

The mortgage giant said potentially relevant disclosure could cover “a property’s current flood zone designation, past property flooding events, and current flood insurance coverage on the home.”

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climate real estate

Climate change and real estate: The new calculus for homebuyers

There's a new wild card in the housing market that's giving some prospective buyers pause: the costs of climate change.

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