Federal Flood Insurance / Climate change / Flooding Concerns (?)

[Janel Briones]

Is anyone keeping up with and considering climate change when buying and holding peripheries? Urban flood issues & real estate investment may be uncertain, but one thing seems certain: climate change is real & about get a whole lot costlier in almost every state.

Do you factor in flooding when analyzing properties? The National Flood Insurance Program is now going bankrupt. Looks like all options are on the political table & the future is uncertain. Te only flood insurance you can buy is from the feds & they’re trying to figure out new ways to keep a sinking program afloat.

Sounds like new federal flood insurance rates come out in Oct...