How Climate Risks Are Reshaping the Housing Market

As climate change intensifies, homebuyers and sellers are paying closer attention to how environmental risks affect property values.

Natural disasters such as floods, wildfires, hurricanes, and rising temperatures are impacting decisions in the real estate market. Here’s how:

female homeowner sitting on curb with a background of a home site after a natural disaster

Homebuyer Behavior

Many buyers now consider flood-risk data before making offers. Research shows that buyers viewing high-risk homes are increasingly shifting their focus to safer properties, with some even abandoning purchases due to flood-risk concerns.

Insurance and Costs

Rising disaster frequency has led to increased home insurance premiums, particularly for flood and wildfire protection. This added expense can influence home affordability and appeal.

man and woman homeowners standing with back toward camera, looking on a home site after a natural disaster

Adaptation Investments

Homeowners are investing in climate-resilient upgrades, such as fireproofing, flood barriers, and durable roofing, to protect property value and safety.

Regional Variations

Coastal and disaster-prone areas like Florida and California are seeing the most significant impact. Meanwhile, regions with fewer natural disasters, like the Midwest, remain less affected.

Governments and policymakers are encouraged to use climate data for better zoning and disaster mitigation strategies. These measures could help safeguard at-risk communities while maintaining the stability of the housing market.

Questions? Contact Us

Providing title, escrow, closing and settlement services to clients throughout Massachusetts and New Hampshire

LENDERS

BUYERS

SELLERS

REALTORS®

About Us

From Our Clients

“I would highly recommend David as a closing attorney. I have known David and have been using his office for many years. David’s professionalism when dealing with me, my closing department and most especially my clients has been always exemplary.”

DAVID BREMER

SENIOR LOAN OFFICER, SHAMROCK FINANCIAL SERVICES

“The Law Office of Attorney David R. Rocheford, Jr. is by far the most exceptional real estate law office that I have had the pleasure of working with. The professionalism is by far second to none.”

JACQUI KEOGH

SENIOR LOAN OFFICER, SALEM FIVE MORTGAGE SERVICES

“Attorney David Rocheford has provided settlement and title services for me and Greenpark Mortgage several years. He has assisted all of my clients, including my family and friends with mortgage closings. Always providing excellent service. Reliable and trustworthy!”

SANDRA MALDONADO

Recent News

2025 Real Estate Trends: What Buyers and Sellers Need to Know in Massachusetts and New Hampshire

by LODR | Mar 20, 2025

WHAT BUYERS AND SELLERS NEED TO KNOW IN MASSACHUSETTS AND NEW HAMPSHIRE The real estate market is always shifting, and 2025 is shaping up to be no different. Whether you're buying your first home or selling your fifth, staying informed on emerging trends can help you...

Bill H.245: Chapter 93 of the General Laws Amended

by LODR | Feb 14, 2025

An Act protecting consumer rights in purchasing safe and habitable homesBelow is our summary of significant legislative development that impacts our industry. The Massachusetts General Court has introduced a bill titled "An Act protecting consumer rights in purchasing...

5 Common Myths About Home Closings Debunked

by LODR | Jan 15, 2025

Purchasing a home is an exciting milestone, but when it comes to the closing process, many first-time buyers can feel overwhelmed.A lot of confusion arises from myths and misconceptions about what happens during closing. Don’t worry—today, we’re clearing up five of...