Wednesday, 14 April 2021 | The Latest Buzz for the Appraisal Industry

Why More Nonwhite Neighborhoods Might Be Flood Prone

In dozens of cities across the country, maps of flooding danger zones bear a striking resemblance to corresponding redlining maps of yesteryear, a study revealed. That Redfin study showed formerly redlined areas have $107 billion worth of homes facing high flood risk, which puts those neighborhoods at a 25% higher risk than other neighborhoods in …

The post Why More Nonwhite Neighborhoods Might Be Flood Prone appeared first on DSNews.

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