Sea levels are forecast to rise in 2019. As a result, projections for flood loses are expected to rise as well. Here is a list of cities that are projected to be at high risk of coastal flooding in 2019 from the US Climate Center.
The Share of Housing Built in Flood Risk Zones by City
Alameda CA 38.1%
Boston MA 22.0%
Cambridge MA 33.4%
Charleston SC 38.6%
Clearwater FL 20.5%
Davie FL 64.0%
Fort Lauderdale FL 61.2%
Galveston TX 78.4%
Hampton VA 31.4%
Hialeah FL 64.5%
Hilton Head Islands SC 64.7%
Miami FL 81.5%
Norfolk VA 26.6%
Ocean City MD 26.6%
Pembroke Pines FL 55.1%
Plantation FL 34.5%
Pompano Beach FL 34.0%
Portsmouth VA 23.5%
Redwood City CA 30.5%
San Mateo CA 41.6%
St. Petersburg FL 30.4%
Stockton CA 22.0%
Now that you have this information, are you required to tell your prospective buyers about potential flood risks in your local areas? No. But…
It may be that in the near future, some who have recently fled high-tax states for low-tax states may be fleeing high flood risk zones in their newly moved in homes and neighborhoods. Let’s hope not.