Thursday, June 19, 2014

10.6 Million Housing Units in Counties with Very High Natural Disaster Risk According to New RealtyTrac Report


Daren Blomquist
IRVINE, CA  — RealtyTrac® (www.realtytrac.com), the nation’s leading source for comprehensive housing data, today released its first-ever Natural Disaster Housing Risk Report, which assigns a natural disaster risk score to more than 3,000 county housing markets nationwide.

Scores assigned to each county’s housing market were based on risk data for three natural disaster events — hurricanes, tornados and earthquakes — and each county was assigned to one of five risk categories based on their score: Very High Risk, High Risk, Medium Risk, Low Risk, and Very Low Risk.

“The potential risk of a natural disaster may not be the first item on most homebuyer checklists for a dream home, but prudent buyers will certainly take this into consideration along with myriad other factors that could affect home value,” said Daren Blomquist, vice president at RealtyTrac.

“In the past natural disaster data was technically available, but difficult for buyers and homeowners to dig up; however, now the data is readily available online for virtually any U.S. property, and buyers should take advantage of this.”

Blomquist noted that users can view natural hazard risk data for 110 million property addresses nationwide by simply typing in the address at RealtyTrac-powered  www.homefacts.com (no subscription required).

For a complete copy of the company’s news release, please contact:

Jennifer von Pohlmann
PR Manager
Office: 949.502.8300 ext 139


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