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Climate Change Threatens $1.47 Trillion in U.S. Home Values

2/11/2025

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Summary

Story summary

A startling report from the First Street Foundation warns that climate change could slash U.S. home values by a staggering $1.47 trillion in the next 30 years. With insurance costs soaring and buyer preferences shifting, vulnerable states like California and Florida face the brunt of this decline, while a few areas might still experience property value growth.

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Story summary

A startling report from the First Street Foundation warns that climate change could slash U.S. home values by a staggering $1.47 trillion in the next 30 years. With insurance costs soaring and buyer preferences shifting, vulnerable states like California and Florida face the brunt of this decline, while a few areas might still experience property value growth.