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...
How Climate Risks Are Reshaping the Housing Market
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:
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.
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.
Providing title, escrow, closing and settlement services to clients throughout Massachusetts and New Hampshire
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.”
“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.”
“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!”
Recent News
5 Common Myths About Home Closings Debunked
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....
Your Right to Choose a Closing Attorney in Massachusetts & New Hampshire
Buying a home is one of the most exciting and important decisions you'll ever make. It's a significant milestone, but also a complex process with a lot of moving parts. Whether you're a first-time homebuyer or a seasoned homeowner, it’s crucial that you feel confident...
Home affordability moved higher last quarter, boosted by the lowest mortgage rates in history, a rise in median income, and slow-to-recover home prices throughout Massachusetts and the country.