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Veuer
  • 2 days ago
Climate risk is becoming a factor in home purchasing decisions. 83 percent of prospective homebuyers consider “at least one climate risk” when looking for a house, according to a new study.

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00:00Climate risk is becoming a factor in home purchasing decisions.
00:0483% of prospective homebuyers consider, quote,
00:07at least one climate risk when looking for a house, according to a new study.
00:12The Zillow study found that a majority of today's buyers are millennial and Gen Z shoppers,
00:17and they are more likely than other generations to consider a climate risk
00:21when deciding where to buy a home.
00:24A Zillow senior population scientist said, quote,
00:26While all generations juggle trade-offs like budget, floor plans, and commute times,
00:32younger home shoppers are more likely to face another consideration.
00:36They want to know if their home will be safe from rising waters, extreme temperatures, and wildfires.
00:42The study found that the region where prospective buyers are most considerate about such risk is the West,
00:47where 90% of those surveyed reported they consider it.
00:50The data comes from Zillow's Consumer Housing Trends Report,
00:53which surveyed nearly 12,000 prospective homebuyers between April and July.

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