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November 2016 Archives

2016 Wildfire Season Not Likely to Top Record-Setting 2015 Season

Trajectory Shows Fewer Fires and Fewer Total Acres Burned in 2016

Tom Jeffery    |    Natural Hazard Risk

 

In 2015, the amount of area consumed by wildfires in the U.S. topped 10 million acres for the first time, recording an annual total of 10,125,149 acres burned according to the National Interagency Fire Center.1 By comparison, the average burned acreage per year over the previous 20 years (1995-2014) was 5,820,402 acres.1 As of October 21, 2016, there were 4,989,330...

Earthquake Risk: Spotlight on Oklahoma

Induced Seismicity: Emerging Risk?

Maiclaire Bolton    |    Natural Hazard Risk

 

California is typically the first place that comes to mind when one thinks of earthquake activity in the U.S. In recent years, however, the central U.S. – especially Oklahoma, northern Texas and southern Kansas – has been getting more and more attention because of the rapid increase in earthquake activity. In fact, Oklahoma went from being a region of relatively low seismic...

Home Price Index Highlights: September 2016

National Home Prices Increased 6.3 Percent Year Over Year in September 2016

Molly Boesel    |    Property Valuation

 
  • Home prices forecast to rise 5.2 percent over the next year.
  • The highest appreciation was in the West, with Oregon and Washington growing by double digits in September.
  • After adjusting for inflation, home prices are still 19.1 percent below their peak.

National home prices increased 6.3 percent year over year in September 2016, according to...

Home Price Index Audio Clip: September 2016

National Home Prices Increased 6.3 Percent Year Over Year in September 2016

Molly Boesel    |    Audio

 

The September 2016 Home Price Index shows that national home prices appreciated 6.3 percent from a year ago and CoreLogic is forecasting an increase of 5.2 percent during the next year. Looking at the states, Washington and Oregon remain on top with year-over-year appreciation of 10 percent. Years of continuous appreciation have moved many states above where they were at the...

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