Hurricane Florence: Nearly $30 Billion in Estimated Losses

Earlier this month, Hurricane Florence blasted through the Carolinas and Virginia, leaving a path of flood and wind damage in its wake. According to an analysis by real estate data provider CoreLogic, residential properties in the Carolinas and Virginia sustained between $19-$28.5 billion in damage, which includes impact from both inland flooding and storm surge. […]

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Flood Insurance Reforms Critical for a Vibrant Housing Market

Now that the National Flood Insurance Program (NFIP) has been extended through Nov. 30, 2018, Congress should pass a long-term reauthorization and reform measure that strengthens the program while providing certainty to property owners in 22,000 communities nationwide. Administered by the Federal Emergency Management Agency (FEMA), the NFIP offers hundreds of thousands of dollars of […]

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