Climate change is impacting where people buy homes. As the experts at the National Association of Realtors explain:
“Sixty-three percent of people who have moved since the pandemic began say they believe climate change is – or will be – an issue in the place they currently live.”
If you are planning to move, climate change is something you might want to consider. A recent study from Realtor.com helps put the growing impact climate change is having on real estate into perspective (see below):
So, how can you be sure your investment is safe from the elements? For starters, work with me to understand the likelihood of your future home being exposed to hazards like wind, floods, and wildfires. There are two important factors to think about: the quality of the home you want to buy and the insurance you will need to protect it.
A Home Build to Last
If you are planning to be in your home for many years, you want to know it’s going to last. I can help you determine what you may be able to negotiate in the contract or what work it might require in the future if the home you are interested in doesn’t have the features you want.
Insurance To Protect It
Once you’re confident the home you’re looking at is well built, the next step is finding out what it’s going to take to insure it.
In areas where climate risks are having a bigger impact, the right home insurance can make a big difference. The price of that insurance is an important factor when thinking about your budget. Get an insurance quote early in the process because you may want to compare multiple quotes.
While this may feel like a lot to consider, don’t worry. I can help you. I am your go-to resource on the homebuying process. I know what to look for and what to consider. Homeownership is worth it. And, with me by your side, you can make sure the home you find is the right fit.
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