Vehicles make their way through a flooded area after Hurricane Ian passed through the area on September 29, 2022 in Fort Myers, Florida.Over four-fifths of home shoppers take climate risks into consideration, Zillow found.But affordability is still the top determining factor, with many buyers moving to at-risk regions.
"Floods, fires and extreme weather are reshaping how people view climate risk and real estate," the company said. "While all generations juggle trade-offs like budget, floor plans and commute times, younger home shoppers are more likely to face another consideration: They want to know if their home will be safe from rising waters, extreme temperatures and wildfires," Zillow's senior population scientist Manny Garcia said in the report.