Zeller Realty - Sierra PropertiesLicense #: 00319644

Zeller Realty - Sierra PropertiesLicense #: 00319644

Buyers Consider Disaster Risk in Purchase Decisions

About three in four recent home buyers say they factored in natural disasters when choosing a location for their new home, according to a new survey of about 3,000 consumers conducted by realtor.com®.

Seventy-five percent of recent home buyers say they are concerned about the threat of natural disasters. The natural disasters that have them most concerned: tornadoes (39%); severe cold or winter storms (38%); floods (35%); hurricanes (29%); earthquakes (21%); wildfires (17%); droughts (11%); and sinkholes (8%).

Beginning in 2020, realtor.com® began displaying flood risk next to its real estate listings. Properties include scores from Flood Factor between one (minimal risk) and 10 (extreme risk), which represents the home’s cumulative risk of flooding over a 30-year mortgage.

Source: realtor.com®

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