Property

Coastwide
Property

Rising Sea Levels Pose Risk to Institutional Real Estate Investment

The results indicate that large swaths of real estate value lie in areas at high risk of being affected by sea-level rise. More than 24 percent of the NPI value is in metro areas whose central cities are among the 10 percent of cities most exposed to sea-level rise. This amounts to more than $130 billion of real estate. And a whopping 67 percent of the NPI’s value, or $360 billion, is in metro areas whose primary cities are among the 20 percent most exposed in the United States

West Coast
Property

Wildfire Devastates Malibu Surf Community

As of today, the fast-moving Woolsey Fire that continues to blaze through Malibu has burned 83,000 acres and destroyed 177 structures. There are two confirmed deaths and nearly 250,000 people displaced, the LA Times reported. The Woolsey fire is currently 10% contained and, unfortunately, more Santa Ana winds are forecasted to blow throughout today, and into Monday, as firefighters battle for the fourth straight day.

Gulf
Property

Hurricane Michael is looking even more violent on closer scrutiny

Government scientists are still trying to take the measure of the historic storm. Although Michael was officially a Category 4 hurricane, with 155 mph sustained winds when it made landfall, that could potentially be revised upward, to Category 5 - 157 mph and higher - in the ongoing National Hurricane Center analysis.

Hawaii & Alaska
Property

New Study Shows Shifting Hurricane Tracks Pose Flood Risks for Hawai’i

Text Size:AAA A new study led by researchers at the University of Hawai‘i at Mānoa indicates that as climate changes over the coming decades, hurricanes have a higher chance of landfall over the Hawaiian islands. Researchers from the universityʻs School of Ocean and Earth Science said this new pattern could pose severe flood risks along the coast and further inland.

Southeast
Property

There’s a surplus of luxury condos in Miami, but three more developers are building anyway

The 2018 Herald Real Estate Survey polled 100 experts about Miami and here are some of their answers.

Mid-Atlantic
Property

Should coastal residents who stay put in face of flooding get tax breaks to fortify their property? Ballot question sparks debate

A constitutional amendment on the ballot Tuesday would give localities the option to offer tax breaks to property owners in areas facing recurring flooding.

Coastwide
Property

To make more room for livestock, the Dutch will moove cows to a floating farm

In the next three decades, the global population is expected to grow by more than two billion people. That could be a problem. We already fail to feed the roughly seven and a half billion people currently living on the planet, so we’ll need to initiate entirely new agricultural systems to accommodate more.

Mid-Atlantic
Property

CRC: Let’s talk flood maps

The rules will now go to a 60-day public comment period, running from Monday, Feb. 20, to Thursday, April 20.

Southeast
Property

Flagler Beach house gets more than $1 million

The house has a elevator and 3,242 square feet of living space.

Mid-Atlantic
Property

Long Beach, Hempstead Town In Talks To Make Private Beach Public

The stretch of beach, which is currently owned by a Lido Beach condo, is one of the last private beaches on the Barrier Island

Coastwide
Property

Climate change and the coming coastal real estate crash

It could rival the bursting dot-com and real estate bubbles of 2000 and 2008