Thursday 1 November 2018

Coastal homes, once prized, now losing cache among buyers amid flood concerns

Growing concern over flooding and climate change are making once highly sought-after coastal homes nationwide less attractive to buyers. An analysis of pricing in coastal areas around the country by Realtor.com and the Wall Street Journal found that homes with high flooding risks have appreciated slower than homes farther inland. The analysis tracked homes over the last few years, and found the slowing prices was greater along the Eastern seaboard, in states like Florida, North […]



source https://therealdeal.com/miami/2018/10/31/coastal-homes-once-prized-now-losing-cache-among-buyers-amid-flood-concerns/#new_tab

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