USA - Should Climate Change Dictate Where You Buy a House?
Add “climate change” to your home buying checklist
It’s no longer possible to ignore the effects of climate change. With wildfires, hurricanes, and other disasters threatening homes — especially along the coasts — it’s an issue at the forefront for homeowners.
But there’s still some uncertainty about home buying and climate change.
Are weather patterns still a secondary consideration? Or is it time to pick up and move to a safer region altogether? Naturally, the answer will be different for everyone. But knowing the facts can help you make a more informed decision about where to buy.
We looked into the most- and least-at-risk areas to buy a house in the era of climate change and asked real estate experts for their advice.
Here’s what we learned.
Where is climate change already impacting real estate?
A recent Redfin survey showed that most Americans are thinking about climate change when they decide to buy or sell a house. But some are much more worried about its impact than others.
The highest concentrations of home buyers and sellers “very concerned” about the environment were in:
- Houston, TX (58%)
- New York City, NY (47%)
- Miami, FL (46%)
- Austin, TX (44%)
- Los Angeles, CA (43%)
- San Francisco, CA (41%)
- South Carolina (40%)
This shouldn’t come as a surprise. Most areas where people are “very concerned” are more vulnerable to the effects of climate change.