March 12, 2025 - 21:39
A recent analysis has uncovered a staggering $33 trillion worth of homes in the United States that are at significant risk from natural disasters. This study highlights the growing concern over climate change and its impact on the real estate market. Surprisingly, properties located in high-risk areas are still commanding premium prices, raising questions about the long-term viability of such investments.
In particular, Los Angeles is facing an alarming $831 billion in fire risk, driven by increasing temperatures and prolonged drought conditions. Meanwhile, New York City is grappling with severe flood risks, leading the nation in concerns over rising sea levels and extreme weather events.
The findings underscore the urgent need for homeowners, investors, and policymakers to address the implications of climate change on real estate. As natural disasters become more frequent and severe, understanding these risks is crucial for making informed decisions in the housing market.
June 24, 2025 - 06:13
Goldman Sachs Appoints Aekloveya Shyam as Head of M&A in Global Real EstateGoldman Sachs has made a significant leadership change by appointing Aekloveya Shyam as the new head of mergers and acquisitions (M&A) within its Global Real Estate Group. This decision was...
June 23, 2025 - 23:14
Katherine Cruz Elevated to Engineering Manager at Hancock AssociatesDanvers, MA—Hancock Associates has announced the promotion of Katherine Cruz, P.E., LEED AP, to the position of Engineering Manager. Known affectionately as `Katie` among her colleagues, Cruz has...
June 23, 2025 - 11:48
Will the US-Iran War Trigger an Economic Crisis in America?As tensions escalate between the United States and Iran, concerns are mounting about the potential repercussions on the American economy. Analysts warn that a prolonged conflict could lead to...
June 22, 2025 - 21:27
This Week's Most Sought-After Brooklyn Properties: A Focus on Ditmas ParkIn the latest round-up of popular Brooklyn listings, attention has shifted to an array of charming properties, including a notable Colonial Revival home in Ditmas Park. These listings showcase the...