Hazard HQ

Blog

Natural disasters, caused in part by climate change, play a pronounced role in the changing nature of the housing market. Catastrophes such as wildfires, hurricanes, flooding, wind events and winter storms ultimately affect all parties involved in real estate transactions. CoreLogic’s Hazard Team blog offers the latest updates on the impacts of natural disaster on the housing ecosystem, including information on current damage estimates and future projections. Stay tuned to get our latest take on how to manage risks associated with these types of risks. Read previous blog posts from CoreLogic's Hazard Team.
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January 20, 2023

January 12 Tornado Outbreak in Mississippi, Alabama and Georgia

CoreLogic®️ estimates approximately 16,800 single- and multifamily residential properties with a combined reconstruction value (RCV) of $4.5B were within the Jan. 12 tornado paths in Mississippi, Alabama and Georgia.

January 13, 2023

Atmospheric Rivers and Bomb Cyclones Saturate California in the New...

A series of atmospheric rivers and a bomb cyclone have inundated and saturated much of California starting in late December. Flooding, mudslides, sinkholes and severe winds are responsible for damage to property and infrastructure across parts of the state.

December 21, 2022

Magnitude 6.4 Earthquake Leaves 70% of Homes in Humboldt County Wit...

A magnitude 6.4 earthquake struck near Humboldt County, California early on Dec. 20 leaving approximately 70,000 homes without power.

December 16, 2022

Dec. 13 – 15 US Winter Storm: Blizzard Conditions and Tornadoes

A nationwide winter storm brought blizzard conditions to the Northern Plains/Upper Midwest and spawned tornadoes across the Southeast from Texas to Florida.

November 30, 2022

November 2022 Southeastern US Severe Weather Outbreak

CoreLogic Tornado Verification Technology confirms Nov. 29 severe weather outbreak, including tornadic activity, in the southeastern states of Louisiana, Alabama and Mississippi.

November 11, 2022

Hurricane Nicole: A Rare November Event

Nicole made landfall in the U.S. as a Category 1 hurricane on North Hutchinson Island near Vero Beach in Florida at approximately 3 a.m. EST on Thursday, November 10, 2022.

November 11, 2022

The Impact of Flood Risk on Property Values

In this study, we analyzed the impact of flood risk on property values beyond the traditional in/out of flood zones by using a more granular flood risk score developed by CoreLogic.

November 8, 2022

Three Things to Know: Fast-Moving Nicole Approaches Florida

Tropical storm Nicole is currently migrating on a southwestern track across the Atlantic Ocean toward the Bahamas and Florida. The National Hurricane Center (NHC) is forecasting Nicole to make landfall in Florida around 1AM EST on Thursday.

October 28, 2022

Five Years Later: The Tubbs Fire

As with other natural disasters, the October Firestorm had significant impacts on California’s economy – including personal economics for thousands of households.

October 27, 2022

The Impact of Flood Risk on Property Values – A Case Study in...

A new study also suggested that climate change will increase the risk of flooding by more than 26% by 2050. But what effect does flood risk have on real estate?

October 6, 2022

CoreLogic Estimates $41 Billion to $70 Billion in Insured and Unins...

CoreLogic, a leading global property information, analytics and data-enabled solutions provider, announced its updated and final damage estimates for Hurricane Ian

October 6, 2022

The Post-Landfall Impact of Hurricane Fiona on Eastern Canada

Hurricane Fiona, the first major hurricane of the 2022 season, made landfall in Nova Scotia and New Foundland on Saturday. Severe winds and rain are impacting Canada’s Atlantic Coast, leaving hundreds of thousands without electricity and destroying homes and businesses.