ICE leaders on how climate risk affects housing affordability
Summary
HousingWire Daily explores how climate risk impacts housing affordability, featuring Larry Lawrence and Andy Walden from ICE. They discuss data showing extreme weather increases mortgage delinquencies and drives up property insurance costs nationwide. The episode highlights that climate concerns are now central to homebuyer decisions and reveals significant gaps in flood insurance coverage.
Topics discussed
Introduction: Climate risk, housing affordability, and guest backgrounds
Research: Extreme weather events and short-term mortgage delinquency spikes
Rising property insurance costs and their correlation with default risk
Homeowner behavior: Climate awareness and insurance switching trends
Impact of flood risk on home price appreciation and value loss
Making climate data actionable: Pre, during, and post-event analytics
The power of parcel-level data and real-time risk monitoring
Misconceptions: Climate as a present problem and the flood insurance gap
Conclusion: Resources for learning more about ICE climate data
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