Dated: 2025-11-30. Added: 2025-11-30.
“Displaying the probability of a specific home flooding this year or within the next five years can have a significant impact on the perceived desirability of that property,” said Art Carter, California Regional Multiple Listing Service’s chief executive officer.
You must log in or # to comment.
But real estate agents complained they hurt sales. Some homeowners protested the scores and found there was no way to challenge the ratings.
The bigger problem is landowners lobbying to avoid official designation even tho it comes with funding to mitigate/prevent damage. It raises insurance and lowers home prices, so they just ignore it till the last second.
Hide the truth to make money. Just another day on earth.
