Experience

In the next 30 years, about 16 million U.S. properties will be subject to extreme heat of more than 104 degrees in the hottest month of the year, and 15 million are likely to experience winds of over 77 miles an hour from hurricanes, according to climate analytics company First Street Foundation.

Home values could also be at risk. Properties exposed to flood risk are overvalued by as much as $237 billion, according to research published in February by monthly journal Nature Climate Change. “A lack of consistentinformation and awareness regarding these risks means that markets have yet to fully price them in,” wrote Capital Economics researchers in a separate report in July, referencing the journal’s research.
–Barron’s