The $1.5T Question: Climate Risks Aren’t Scaring Buyers, but Insurance Cost Could Drive Long-Term Migrations
The future of residential property valuations is becoming deeply intertwined with the growing realities of climate change. As global temperatures rise, the frequency and severity of extreme weather events, such as hurricanes, wildfires, floods, droughts and extreme heat are expected to intensify. These environmental shifts pose both direct and indirect threats to real estate markets…