Americans are moving to risky areas. What will it cost them?

Environmental risks are accelerating in ways the housing market can’t ignore. At the same time affordability pressures and insurance challenges are reshaping where and how Americans can live. - Natural disasters are starting to influence people’s choice of home. Part of it is safety. A lot of it is price. Still, awareness has not yet tipped the scales, and people continue to move to these popular, but risky, regions. - There are signals that people are shifting where they're migrating to. Just look at Florida where the number of new arrivals has slowed in recent years. - Investing in resilience measures before a disaster strikes can help ease the financial burden of a catastrophe. But how much depends on when — and where — you make that investment. Links: Cotality Insights https://www.cotality.com/insights Climate at Cotality https://www.cotality.com/climate

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