Redfin Reports Surge in Climate Risk Interest Among Homebuyers Post-Disasters
Redfin, a real estate platform, has released new data indicating a significant increase in interest for climate risk assessments among homebuyers following natural disasters. This trend was observed after events such as the Los Angeles fires and Hurricanes Helene and Milton, where interest spiked but then returned to normal levels within weeks or months. The data suggests that while extreme weather events temporarily heighten awareness of climate risks, this urgency is often short-lived. Despite this, Redfin plans to continue providing climate risk estimates, contrasting with competitor Zillow, which removed such data from its platform due to compliance with multiple listing service requirements. The findings highlight a growing demand for climate risk information as natural disasters become more frequent and costly. 
