How Disaster Risk Jibes With Homebuyers
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Blomquist: “Every homebuyer and investor should consider natural-disaster risk when buying a home, especially given how easy it is to find this information.”
IRVINE, CA—Cash buyers are not deterred from buying homes in counties with a high risk of natural disasters, while institutional buyers happen to shy away from them,RealtyTrac’s VP Daren Blomquist tells GlobeSt.com. As we recently reported, more than 40% of all homes in the US may be at a high or very high risk for natural hazards, according to a report from the firm. We spoke exclusively with Blomquist about institutional and cash buyers’ homebuying activity as it relates to natural-disaster risk.
GlobeSt.com: How does institutional and cash buyers’ homebuying activity correlate with areas of high natural-disaster risk?…
