(Outlet: The Washington Post) Benjamin Keys, a real estate and finance professor at the University of Pennsylvania’s Wharton School, is forecasting a more gradual decline in regional markets, rather than an imminent severe downturn.…Read More
(Outlet: Marketwatch) “While there are predictable seasonal patterns, weather extremes can quickly add to soaring bills even if you agreed on a fixed electricity price with your provider. If you want to avoid bill surprises, it is important that you occasionally check on your up-to-date power consumption through your utility’s online portal, and adjust if needed,” says Arthur van Benthem, Associate Professor of Business Economics and Public Policy at the Wharton School.…Read More
(Outlet: The New York Times) As the Southeast begins to recover from back-to-back hurricanes, potential home buyers across the country should take notice of the billions of dollars in property damage from the storms, some of it uninsured. The tremendous loss in places such as Swannanoa, N.C., and Keaton Beach, Fla., shows that homeownership in a world of growing disaster risk is less of an asset than it once was, writes Ben Keys.…Read More
(Outlet: The Washington Post) As buyers and sellers wake up to risks on a hotter planet, Cape Coral might be a preview of what millions of homeowners throughout the country could face: a slow and almost imperceptible re-pricing of many people’s biggest asset.…Read More
(Outlet: Wharton Magazine) From piloting an Indian water-monitoring technology that helps farmers keep an eye on fish production to mobilizing $5.7 billion in capital toward toilets and taps, Wharton alumni are making a difference in the water industry.…Read More
(Outlet: Politico) The powerful hurricanes that have devastated the East Coast are putting the financial stability of state-run insurance plans back in the spotlight, POLITICO’s Zack Colman reports.…Read More
(Outlet: Wall Street Journal) Hurricane Milton has taken a heavy toll on families, property and businesses. But in the complex insurance market, the effects aren’t so straightforward. …Read More
(Outlet: The Washington Post) The information is meant to help home buyers assess potential damage from extreme weather.…Read More
(Outlet: ABC News) The storm left devastation across a vast stretch from Florida to Tennessee.…Read More
(Outlet: Marketplace) Home buyers now have more tools to assess those risks. This month, Zillow, the country’s largest real estate search platform, announced it’s adding information about climate hazards, and how they might grow over time, to all of its property listings. Users will be able to scroll down to see a risk score for flooding, wind, wildfire, extreme heat and air quality, along with insurance recommendations to protect against related losses.…Read More
