IRVINE, CA—More than 40% of all homes in the USmay be at a high or very high risk for natural hazards. Thataccording to a report released today byRealtyTrac, one of the nation's leading sourcesfor comprehensive housing data.
The firm's 2015 US Natural Disaster Housing RiskReport, which found that 35.8 million USsingle family homes and condos with a combined estimated marketvalue of $6.6 trillion are in counties with highor very high natural hazard risk. Those 35.8million homes represent 43% of the 83.4 million singlefamily homes and condos in all counties analyzed for thereport.
For the report RealtyTrac assigned a natural disaster risk scoreto 2,318 counties nationwide with sufficient homevalue data available. Based on its score, each county was assignedto one of five risk categories for overall risk of naturaldisaster: Very High, High, Moderate, Low and Very Low. Similarscoring and ranking was also used to rate risk for each of the fivenatural disasters individually (see methodology below).
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
