Spring has sprung and with it, the risk of wildfires. If you think devastating wildfires only happen in places like California and the Southwest, think again. Case in point: watching Lahaina go up in flames several years ago was surreal precisely because it was so out of the ordinary. We don't normally think of Hawaii as a wildfire hot spot. But that's the point. As our climate continues to feel the effects of ever-increasing droughts and rising temps, we are starting to see places burn that never did before. Here's how wildfire risks affect real estate and what to do about it: … [Read more...] about How Wildfire Risks Affect Real Estate and What to Do About It
homeowners insurance
How to Make Sure Your Deal Survives Homeowner’s Insurance
The real estate industry has seen a freight train of change over the past five years and it doesn't appear to be slowing down anytime soon. Those of you who have survived--and even thrived--deserve every accolade. Reading the tea leaves, one thing continues to loom ever larger on the horizon of the American Dream of home ownership: Insurance. Only a few years ago homeowner's insurance was barely given a second thought. Those halcyon days are long gone with the ever increasing reality of climate change in the form of fire storms, hurricanes, tornados and floods. You and your clients may well weather the storm of limited inventory and higher interest rates only to be leveled by homeowner's insurance. Here's how to make sure your deal survives homeowner's insurance: REASONS FOR THE CURRENT … [Read more...] about How to Make Sure Your Deal Survives Homeowner’s Insurance