Real Estate

Creating safe and affordable homes is reaching a crisis point

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Existing home sales last year reached their highest levels since 2006. However, increasing numbers of climate disasters across the country have sparked concern about how safe homes are.

Potential buyers rarely wonder “what the flood plain is here, or do they look around and see this beautiful forest and say, ‘Oh, my God, it’s going to be on fire in two years?'” American Institute of Architects consultant David Collins said.

Last year was the worst fire season in U.S. history. In California, five of the state’s six-largest fires began within a two-month window. Overall, more than a dozen severe weather storms each dealt more than $1 billion in damages across the U.S.

Jack Cohen, a research…



Source cnbc.com

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