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| Daren Blomquist |
IRVINE, CA — RealtyTrac®
(www.realtytrac.com), the nation’s leading source for comprehensive housing
data, released its second annual Manmade Environmental Hazards Housing Risk
Report, which shows 25 million U.S. homes are in zip codes at high risk or very
high risk for manmade environmental hazards — representing 38 percent of the 64
million homes in all zip codes analyzed.
The combined estimated
market value of the 25 million homes in high risk or very high risk zip codes
was $6.9 trillion as of November.
“Buying a home in an area with low risk of
manmade environmental hazards may not just be a good idea for health and safety
reasons; it may also be good for financial reasons,” said Daren Blomquist, vice president at RealtyTrac.
“Across the country, home
prices in high risk zip codes were lower on average, and appreciation over the
last 10 years slower when compared to home prices and 10-year appreciation in
low risk zip codes.”
For a complete copy of the company’s news release,
please contact:
Jennifer von Pohlmann
Sr. Data PR Manager
Office: 949.502.8300 ext
139
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