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miamibeachbroker · 2 years ago
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The 2023 Miami Metropolitan Area Real Estate Forecast
WILL THE MIAMI MARKET CRASH? Is it 2008 all over again!? New Real Estate Market Data Tells All!
Miami Metropolitan Area Real Estate Market Trends for 2023 by. The Best Realtor Near You, Christopher Lazaro, Licensed Real Estate Broker at Miami Beach Brokers® (now Brokered by eXp Realty!) The Miami Metropolitan Area, which includes cities such as Hollywood, Fort Lauderdale, Boca Raton, West Palm Beach, and of course Miami, is one of the most dynamic and vibrant real estate markets in the…
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miamibeachbrokers · 2 years ago
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The 2023 Miami Metropolitan Area Real Estate Forecast
WILL THE MIAMI MARKET CRASH? Is it 2008 all over again!? New Real Estate Market Data Tells All!
Miami Metropolitan Area Real Estate Market Trends for 2023 by. The Best Realtor Near You, Christopher Lazaro, Licensed Real Estate Broker at Miami Beach Brokers® (now Brokered by eXp Realty!) The Miami Metropolitan Area, which includes cities such as Hollywood, Fort Lauderdale, Boca Raton, West Palm Beach, and of course Miami, is one of the most dynamic and vibrant real estate markets in the…
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mariacallous · 2 months ago
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The term “climate haven” never made much sense. After Hurricane Helene dumped 2 feet of rain on western North Carolina, many major media outlets marveled at how Asheville, which had been celebrated as a climate haven, had been devastated by a climate-related disaster.
Some in the media later reported accurately that climate havens don’t actually exist. But that still raises the question: Where did this climate haven concept even come from?
Well before humans began putting billions of tons of greenhouse gases into the atmosphere, entire populations would migrate toward better conditions in search of a place with milder weather or more fertile soil or the absence of drought.
Because of its speed and scale, however, human-caused climate change is especially extreme, and everywhere will be impacted by some degree of risk. There is no completely safe haven.
Which is part of how we ended up talking about the idea of climate havens. It’s wishful thinking. At least that’s what several experts told me after Helene laid a path of destruction across the Southeast and as Hurricane Milton barreled toward Florida. As the impacts of climate change became more real and apparent, the media as well as local leaders started looking for a better story to tell.
“People are desperate for optimism,” said Jesse Keenan, director of the Center on Climate Change and Urbanism at Tulane University, who described the concept of climate havens as a fiction. “It gives people hope.”
Keenan actually blames himself for helping to popularize the term. For a concept that feels so widespread now, it’s surprisingly hard to find much mention of climate havens in the media before 2018. That was when The Guardian quoted Keenan in a piece about where you should move to save yourself from climate change that used the phrase “safe havens.” Buffalo, New York, and Duluth, Minnesota, were Keenan’s suggestions.
The concept gained more traction a few months later, when Mayor Byron W. Brown referred to Buffalo as a “climate refuge” in his 2019 state of the city address, followed by outlets like Bloomberg and Quartz referring to Buffalo as a climate haven. The New York Times did a whole spread on “climate-proof Duluth,” a slogan Keenan wrote as part of an economic development package commissioned by the city. He told me it was just a joke that got pulled out of context.
It’s hard to know how responsible one professor with a knack for marketing was for the mainstreaming of the climate haven concept. But it’s easy to see why local governments would latch onto it.
The Census Bureau estimates that as climate change warms the planet over the next several decades, 100 million will migrate into and around the US. Increased flood risk may have already pushed several million people out of coastal and low-lying areas across the US, as wildfires start to raise questions about migration in the West.
Inland cities, namely those along the Rust Belt that have been losing population for years, see an opportunity to pull those people in.
“The idea of a climate refuge itself is kind of an escapist fantasy,” said Billy Fleming, director of the McHarg Center at the University of Pennsylvania. “To the extent that a climate refuge even exists, it’s not a particularly physical or geophysical phenomenon. It’s social and economic.”
Fleming added that, for these would-be climate havens, attracting new residents is a means to pull in more tax revenue and create wealth for the community. “It’s about keeping the real estate machine churning,” he added, “which is the thing that pays for everything else in the city.”
The real estate industry has taken notice. Quite coincidentally, as Hurricane Helene was bearing down on the Southeast last week, Zillow announced a new feature that displays climate risk scores on listing pages alongside interactive maps and insurance requirements. Now, you can look up an address and see, on a scale of 1 to 10, the risk of flooding, extreme temperatures, and wildfires for that property, based on data provided by the climate risk modeling firm First Street. Redfin, a Zillow competitor, launched its own climate risk index using First Street data earlier this year.
The new climate risk scores on Zillow and Redfin can’t tell you with any certainty whether you’ll be affected by a natural disaster if you move into any given house. But this is a tool that can help guide decisions about how you might want to insure your property and think about its long-term value.
It’s almost fitting that Zillow and Redfin, platforms designed to help people find the perfect home, are doing the work to show that climate risk is not binary. There are no homes completely free of risk for the same reasons that there’s no such thing as a perfect climate haven.
Climate risk is a complicated equation that complicates the already difficult and complex calculus of buying a home. Better access to data about risk can help, and a bit more transparency about the insurance aspect of homeownership is especially useful, as the industry struggles to adapt to our warming world and the disasters that come with it.
“As we start to see insurance costs increase, all that starts to impact that affordability question,” Skylar Olsen, Zillow’s chief economist, told me. “It’ll help the housing market move towards a much healthier place, where buyers and sellers understand these risks and then have options to meet them.”
That said, knowledge of risk isn’t keeping people from moving to disaster-prone parts of the country right now. People move to new parts of the country for countless different reasons, including the area’s natural beauty, job prospects, and affordable housing. Those are a few of the reasons why high-risk counties across the country are growing faster than low-risk counties, even in the face of future climate catastrophes, which are both unpredictable and inevitable. It’s almost unfathomable to know how to prepare ourselves properly for the worst-case scenario.
“The scale of these events that we’re seeing are so beyond what humans have ever seen,” said Vivek Shandas, an urban planning professor at Portland State University. “No matter what we think might be a manageable level of preparedness and infrastructure, we’re still going to see cracks, and we’re still going to see breakages.”
That doesn’t mean we shouldn’t build sea walls or find new ways to fight wildfires. In a sense, we have the opportunity to create our own climate havens by making cities more resilient to the risks they face. We can be optimistic about that future.
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raihanbd007 · 2 years ago
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orson-hill-realty-blog · 10 days ago
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rcacre · 1 month ago
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Unlocking Opportunities in Commercial Real Estate in Tampa, FL
Tampa, Florida, is quickly becoming a hotbed for commercial real estate investment. This thriving city is known for its expanding economy, favorable tax environment, and business-friendly climate. As more businesses and investors flock to the area, commercial real estate tampa fl market offers an array of opportunities, from office spaces and industrial complexes to retail outlets and mixed-use developments.
In this article, we will explore the key factors driving growth in the Tampa commercial real estate sector and how it presents a lucrative opportunity for investors and business owners alike.
Why Tampa is a Prime Location for Commercial Real Estate
Tampa’s growth as a hub for commerce and business development is driven by several important factors:
Economic Expansion
Tampa’s economy has experienced significant growth over the past decade, fueled by diverse industries such as finance, healthcare, tourism, and technology. This economic expansion has increased demand for office spaces, industrial properties, and retail outlets, making the commercial real estate sector a key part of the city’s development.
The city’s population growth also plays a vital role. As more people move to the Tampa Bay area, the need for businesses to cater to the growing population increases, which in turn drives demand for commercial spaces. This growth is expected to continue, making Tampa an attractive market for commercial real estate investments.
Business-Friendly Environment
Tampa's favorable tax structure and business incentives make it an attractive location for corporations and small businesses alike. Florida has no state income tax, which encourages businesses to establish operations in the region. Additionally, the local government offers incentives to companies that invest in the area, creating a business-friendly atmosphere that fosters economic growth.
As businesses continue to thrive, the demand for office buildings, retail spaces, and industrial properties rises, creating opportunities for real estate developers and investors. This growing need for commercial spaces is helping to transform Tampa into one of the Southeast’s most prominent business centers.
Infrastructure and Development
Tampa’s infrastructure is another reason why it’s an appealing destination for commercial real estate agent tampa. The city has invested heavily in improving its transportation systems, including highways, airports, and seaports, making it easier for businesses to operate and expand. The availability of well-connected transportation links is essential for companies involved in manufacturing, distribution, and logistics.
In addition to transportation, Tampa is seeing a wave of mixed-use developments that combine residential, commercial, and retail spaces. These projects offer opportunities for investors to diversify their portfolios and cater to a wide range of businesses and consumers. Mixed-use properties in growing neighborhoods provide flexibility and convenience, attracting both companies and residents.
Types of Commercial Real Estate in Tampa
Tampa’s commercial real estate market offers various property types to cater to the diverse needs of businesses:
Office Spaces: With Tampa’s booming corporate sector, office buildings are in high demand, particularly in business districts. Both large corporations and small startups seek prime office locations that are close to key amenities and transportation hubs.
Retail Properties: As the population grows, retail spaces are becoming increasingly sought after. From shopping centers to standalone stores, retailers are expanding to meet the needs of Tampa’s growing consumer base.
Industrial Properties: Tampa’s industrial real estate market is strong, particularly for logistics and distribution companies. Warehouses and distribution centers benefit from Tampa’s strategic location and well-connected transport networks.
Mixed-Use Developments: Combining retail, office, and residential spaces, these developments are gaining traction as they offer convenience and adaptability for both businesses and residents.
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deborahmorrishometeam · 6 months ago
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Leesburg, FL Real Estate Market Update - May 2024 | Median Prices, Marke...
Welcome to Today's Market Minute! Discover the latest real estate trends in Leesburg, Florida. Did you know Leesburg hosts one of the largest motorcycle festivals in the Southeast, drawing over 200,000 visitors annually? It's a vibrant community with plenty to offer!
In this video, we cover:
Current market inventory and trends Median list and closing prices Average days on market Recent activity in new listings, contracts, and sales Whether you're a local resident or considering a move, this update is packed with valuable insights. The Deborah Morris Home Team is here to help you navigate the Leesburg real estate market.
For personalized assistance, comment below, direct message us, or call us.
Don't forget to like, subscribe, and ring the notification bell for the latest market updates. Check out our other videos for more in-depth analysis!
📞 Contact us for personalized real estate advice. 👍 Like this video if you found it helpful. 🔔 Subscribe to our channel and ring the bell for updates. 📺 Watch our other videos for more market insights.
F O L L O W   U S:
🌐 👉 https://deborahmorrishometeam.com FACEBOOK 👉 https://www.facebook.com/deborahmorrishometeam INSTAGRAM 👉 https://www.instagram.com/deborahmorrishometeamllc/ OR CALL 👉 (321) 348-0014
The Deborah Morris Home Team, with Keller Williams Advantage Realty, is a team of REALTORS® serving the surrounding Metro Orlando areas of Central Florida. Our specialty is helping home buyers who are relocating to our beautiful cities, and Sellers looking to sell their home using the power of video.
We are grateful for all you subscribers, both customers and REALTORS®, so thanks for watching!
If you want to talk to us about real estate in the Central Florida area, feel free to email us at [email protected].
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khcommercialroofing0 · 6 months ago
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Discover the Latest Trends in Tampa, Florida: Stay Ahead with KH Commercial Roofing
Tampa, Florida, is buzzing with excitement and activity as it continues to grow as one of the most dynamic cities in the Southeast. From vibrant cultural events to booming business developments, there's always something new happening. Let's dive into two of the most trending topics in Tampa right now and see how KH Commercial Roofing can help your business stay ahead in this thriving city.
1. Booming Real Estate and Commercial Development
Tampa's real estate market is on fire, with significant growth in both residential and commercial sectors. The city's appealing blend of urban amenities and coastal lifestyle has drawn in a surge of new residents and businesses. Major development projects like Water Street Tampa are transforming the skyline, creating a bustling hub of innovation, commerce, and community.
Why This Matters for Businesses
For business owners, this growth presents both opportunities and challenges. Expanding your operations or relocating to a prime location can boost your visibility and accessibility, but it also means ensuring your infrastructure, particularly your roofing, is up to the task. That's where KH Commercial Roofing comes in. We provide top-tier commercial roofing services in Tampa, ensuring your property is not only up to code but also capable of withstanding Florida's unique weather conditions.
KH Commercial Roofing: Your Partner in Commercial Development
Our team at KH Commercial Roofing understands the intricacies of commercial development. We offer a comprehensive range of services, including roof inspections, maintenance, repairs, and installations, tailored to meet the specific needs of Tampa's businesses. Whether you're involved in a new build or upgrading an existing property, we ensure your roofing solutions are durable, efficient, and aesthetically pleasing.
2. The Rise of Green and Sustainable Practices
Sustainability is more than just a buzzword in Tampa—it's a movement. From eco-friendly building practices to community-wide initiatives aimed at reducing the city's carbon footprint, Tampa is leading the way in promoting a greener future. This trend is evident in various sectors, including real estate, hospitality, and even local governance, with numerous incentives for businesses that adopt sustainable practices.
Embrace Sustainability with KH Commercial Roofing
At KH Commercial Roofing, we're committed to helping Tampa businesses go green. We offer environmentally-friendly roofing options that not only help reduce your energy costs but also contribute to a healthier environment. Our sustainable roofing solutions include energy-efficient materials, green roofs, and solar panel installations, all designed to maximize your building's performance while minimizing its environmental impact.
Benefits of Green Roofing Solutions
Energy Efficiency: Reduce heating and cooling costs with reflective and insulating roofing materials.
Environmental Impact: Lower your carbon footprint by choosing eco-friendly roofing options.
Financial Incentives: Take advantage of local and federal incentives for businesses that implement sustainable practices.
Why Choose KH Commercial Roofing?
KH Commercial Roofing is dedicated to providing the best commercial roofing services in Tampa. Our expertise, coupled with our commitment to customer satisfaction, ensures that we deliver top-quality results every time. Whether you're looking to protect your investment in a rapidly growing market or make a positive impact with sustainable practices, we have the solutions you need.
Our Services Include:
Roof Inspections and Maintenance: Regular check-ups to keep your roof in top condition.
Repairs and Replacements: Addressing any damage promptly to avoid costly repairs.
New Roof Installations: Expert installation using the latest materials and techniques.
Green Roofing Solutions: Eco-friendly options to enhance your building's sustainability.
Stay ahead of the trends and ensure your business is ready for the future with KH Commercial Roofing. Contact us today to learn more about how we can support your commercial roofing needs in Tampa.
For more information about our services and to schedule a consultation, visit our website or call us at (865) 766-3464. Let KH Commercial Roofing be your partner in success as Tampa continues to thrive and grow.
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moverightin · 7 months ago
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Buy Home In Southeast Florida | Moverightin.co
Moverightin.co can help you and your family find the ideal house in Southeast Florida. Our group of knowledgeable real estate brokers is here to assist you in locating the dream house and to ensure a seamless and stress-free transaction.
Buy Home in Southeast Florida
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emanslandusa · 1 year ago
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Unlocking Your Dream Home: Exploring Cape Coral's Best Properties for Sale
A Handbook for Getting Around the World of Cape Coral Real Estate for Sale
Think about waking up to the gentle breeze that seems to go on forever, like an endless canvas, greeting you every morning. This is our chance to extend a warm welcome to you and make you feel at home in Cape Coral, a dream come true with endless possibilities where your perfect house is just waiting to be constructed. This blog post will help you navigate the world of property for sale in Cape Coral, Florida if you're looking for a piece of this coastal paradise to call your own.
Setting Your Goals: Understanding Different Property Types
Shoreline Allure
Beachfront Bliss: Envision a house where the skyline and the ocean converge. Direct access to the water is provided by beachfront properties, letting you fully enjoy the coastal lifestyle. This selection captures the essence of the Cape Coral experience, with its jaw-dropping vistas and tranquil wave noises.
Canal Life: Picture your lawn flowing smoothly into the canals. Real estate for sale in Cape Coral, Florida, is known for its canal-front houses, which not only offer breathtaking beachfront views but also the convenience of having your boat docked right outside your door.
Locate, Locate, Locate: Getting Around Neighborhoods
Harbor Secrets
Southwest Serenity: Contemplate the southwest as a peaceful haven. In addition to having close access to the Caloosahatchee River and stunning sunsets, this location offers a more tranquil ambiance. This might be the perfect neighborhood for you if you're looking for a quiet haven.
Excitement in the Southeast: Visualize the Southeast as a colorful tapestry. For individuals looking for a combination of food, entertainment, and seaside living, this region is ideal because it is close to well-known locations like Tarpon Point and Cape Harbour.
Beyond the Budget: Matching Objectives with Finances
Astute Investing
Budget Brilliance: See your spending limit as a compass that directs your decisions. Establish a precise spending limit and look at residences that fit within it. Don't forget to factor in other expenses like real estate taxes, homeowner association dues, and prospective remodeling.
Prospective Outlook: Contemplate your home as an investment in your future. Think about the possibility of appreciation over time in addition to the original outlay. A wise choice could be both your ideal house and a worthwhile investment.
Expert Advice: Consulting Real Estate Specialists
Directing Light
Local Agents: Think of real estate agents as your Cape Coral guides. Local experts are well-versed in the communities, market, and homes that are available. Their knowledge can help you choose the ideal fit for your tastes and expedite your search.
Advisors on Law: Consider your legal counsel to be your security guards. Hire legal professionals to go over contracts, make sure everything goes smoothly, and protect your interests all through the purchasing process. Their knowledge guarantees a smooth transition to property ownership.
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In summary
Dream homes in the Cape Coral real estate market are more than simply buildings; they are entryways to a way of life characterized by the allure of the shore and the splendor of the natural world. See each step as a brushstroke that adds to the masterpiece that is your future as you set out to find the greatest property for sale in Cape Coral.
Consider your property as a blank canvas on which you can paint the narrative of your life, complete with beach walks in the morning and boat cruises around the canals at sunset. In this scenario, the kind of property, the location, and the financial factors are all crucial. It is possible to make sure that your dream home is more than just a vision, but rather a real, waiting to be embraced, by clearly describing your idea, exploring the neighborhoods, staying within your budget, and getting professional advice.
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miamibeachbroker · 3 months ago
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Christopher J. Lazaro, Florida Real Estate & Lending Advisor
Considering making some moves in Florida Real Estate? Look no further! Give me a call to discuss your goals and let me show you why I am the Real Estate & Mortgage Agent for you!
I am licensed as a Florida Real Estate Broker& Mortgage Loan Officer, so I have knowledge and options that most other real estate professionals do not have ready for you.
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southeastdiscovery · 1 year ago
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🌟In this blog, we'll partner with Southeast Discovery, a reputable real estate firm specializing in Southeastern properties, to explore some of the best places to live in the Florida Panhandle. Whether you're searching for a retirement haven, a vacation retreat, or a permanent home, the Panhandle offers a plethora of choices to suit every lifestyle and preference.
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mariacallous · 2 years ago
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The National Oceanic and Atmospheric Administration (NOAA) maintains a website documenting climate-related disasters that cause over $1 billion in losses. The agency lists 18 such events in 2022, including droughts and wildfires in the Southwest, floods in Kentucky and Missouri, hailstorms in the Upper Midwest, hurricanes in Florida, and tornadoes in the Southeast. The message of the data is clear: All U.S. communities will face disruptions to our daily lives from climate change, but the nature, frequency, and severity of these disruptions will vary widely across places in any given year.
While individual people and communities cannot alter the course of a hurricane or alleviate drought, there are numerous ways for them to lower their exposure to climate risk or mitigate the physical and financial impacts of climate-related events. Actions such as purchasing disaster insurance and building climate-resilient infrastructure should be part of holistic strategies to protect communities. But to take these actions, residents and their local governments first need to know what the relevant risks are. For example, while coastal Floridians know they are at a higher risk of hurricanes than their inland peers, it is much harder for them to assess the relative risk of wind damage and storm surges within their specific counties or neighborhoods. It’s similarly difficult to predict localized risks from more chronic climate stresses such as sea level rise and extreme heat.
And yet, more and higher-quality, higher-resolution data is becoming available for local assessment. At the same time, predicting the impacts of climate events on communities—damages to homes, businesses, and infrastructure—is becoming an ever more important and sophisticated part of the real estate and financial services industries. But two types of consumers who would greatly benefit from local climate risk data—households and local governments—still have limited access to this information.
In this brief, we discuss how households and local governments could use local climate risk data, explore the current availability of that data, and outline several challenges facing public and private data providers.
People and municipalities can use local climate risk data to adjust how and where they build
Providing people and local policymakers with geographic climate risk data allows them to alter their investment decisions and personal behavior in a variety of ways depending on what information they are given and their preferences and access to resources.
Take people’s housing choices. In choosing where to live and how much to pay for a home, people want to know the quality of local public schools, crime rates, proximity to parks, and the quality of local transportation. How climate change affects different neighborhoods—now and in the future—should factor into housing choices as well. A recent experiment conducted by the real estate company Redfin and a team of academic researchers found that when potential homebuyers were shown online listings disclosed to have high flood risks, they shifted their search toward lower-risk properties.
Households can respond to climate disclosures like those in the Redfin study in a variety of ways. Some may choose neighborhoods at higher elevation or decide not to live in a coastal community altogether. Others might place higher value on the lifestyle benefits of being near the ocean, but choose to rent rather than purchase a home to limit their financial risk. And awareness of local climate risks isn’t just important for people in the process of relocating. Climate risks have changed and will continue to change over time; people who bought their homes 10 years ago may not have been in areas with a high flood or fire risk at the time, but now face greater risks. Being aware of changes in climate risks helps households decide whether to purchase additional insurance, install a sump pump in the basement, or invest in stronger, wind-resistant windows, to name a few adaptive strategies.
Local governments would also benefit from greater awareness of place-specific variations in climate risk. Which bus stops, homes, and public spaces face the greatest exposure to extreme heat and would benefit from cooling features such as tree canopies or green roofs? Which neighborhoods are most likely to flood during major rain events, and how can cities use rain gardens or sewer upgrades to manage the deluge? Which roadways are the least resilient to major climate events and either need to be fortified or potentially abandoned?
The current state of local climate data needs improvement
While climate risk data has long been a part of how we plan and build American communities, older information systems are no longer fit for new climate realities. As early as 2011, a landmark publication from the National Academies of Sciences, Engineering, and Medicine called attention to the need for “widely-accepted approach[es] for conducting vulnerability assessments” and describes available data as “lacking.” Ten years later, the Government Accountability Office found that the Federal Emergency Management Agency’s flood hazard maps—which inform the National Flood Insurance Program—no longer “reflect the best available climate science or include information on current flood hazards.” Notably, many properties that do not fall inside these flood hazard zones—and therefore do not carry flood insurance—experienced flooding in large storms such as Hurricane Sandy. Recent wildfires in California and Colorado also revealed how many property insurance policies were misaligned to current risks.
Now, rapid innovations in environmental monitoring and digitized parcel data are helping public agencies, businesses, nonprofits, and community-based organizations modernize climate risk data. This data makes it possible to estimate risks of flooding, drought, wildfires, extreme heat, pollution, or coastal erosion for each parcel of land—if not each 10-square-meter coordinate—in the country. Some datasets develop metrics for specific climate risks or future emissions scenarios, while others produce indexes the general public can more easily understand. For example, the Environmental Protection Agency’s interactive mapping tool allows users to see risk levels for drought, wildfire, sea level rise, and aggregate flood risk for small neighborhoods (census block groups), as well as pollution from multiple sources. This granular data complements larger-scale data, such as the Climate Impact Lab’s county-level impact maps, which our colleagues have used to assess regional vulnerabilities in the U.S.
Improved climate risk data can result in compelling use cases for private investors and policymakers, such as granularly measuring urban heat islands, outlining climate resilience strategies for subsidized housing, developing new risk ratings to fundamentally transform the National Flood Insurance Program, estimating regional economic losses in the event of natural disasters, and tracking environmental justice burdens across disadvantaged communities. The different types of metrics and the geographic scales at which they are available offer flexibility in answering different policy or research questions. For example, while insurance firms may want to know expected damages for a given property across all climate risk categories, a county parks department may be more interested in drought and heat metrics at a neighborhood scale.
Of course, producing new, high-quality data and applications is not cheap. Environmental monitoring agencies such as NOAA will need federal funding to continue investing in equipment and staff expertise. And private data providers will need access to cash flow—whether through paying customers or outside investment—to keep updating and improving their products.
What risks do new data sources present, and how will society address them?
For all the potential benefits of more granular climate data, publishing it carries some risks.
One issue is the possibility of false certainty. Even with climate models constantly improving, emerging data sources will still have wide margins of error, particularly around predicting the most uncertain climate events, such as hurricanes. Yet it’s easy to imagine some individuals treating a single data source as gospel, even though there can be significant variation among similar data products and there is limited transparency regarding underlying analytical models. Governments and industry will need to find ways to manage uncertainty with their constituents and customers.
Another concern is how data could impact equity. America’s history of redlining offers a clear example of how mapping perceived risks can lead to disinvestment and discrimination. To the extent that climate risks overlap with racial, economic, and social characteristics, vulnerable communities could face additional barriers, such as higher property insurance rates or a lack of new infrastructure in places of need. Policymakers will need to write regulations that ensure ratings agencies, insurers, government agencies, and others are not discriminating against any people or places.
The price of data could create a barrier to adoption for public agencies, nonprofit organizations, and individuals as well. Datasets that are produced and managed by federal statistical agencies such as the Census Bureau and Bureau of Labor Statistics are made publicly available at no charge to users. But data products created by private firms are typically sold to individual subscribers such as insurance companies and credit rating agencies—often for substantial fees. Financial institutions are able and willing to pay for these services to mitigate fiduciary risk associated with climate change, but most civic organizations have tighter budgets. One example of using the data for public good comes from the nonprofit Climate Central, which has used their own proprietary data to conduct groundbreaking scientific research on flood risk in order to build global citizen awareness of climate vulnerability. The country’s wealthiest cities and counties may be inclined to spend local tax dollars to buy high-quality climate data, which could lead to wiser investments in infrastructure or the ability to counter predatory real estate practices. But it could also further exacerbate capacity differences between those wealthier communities and poorer ones that can’t afford such data.
Addressing these concerns won’t be easy, and will require experimentation. Processes like the Treasury Department’s Climate Data and Analytics Hub pilot are promising efforts. Finding the right balance between transparency and equity will require cities, states, and the real estate industry to test different approaches to implementation. Adaptation strategies that work for second-home owners in Miami may not work for low-income households in Houston’s flood-prone neighborhoods, so placing diverse voices into the policy discussion is essential.
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raadbuyshouses · 1 year ago
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Game-Changing Expansion: Bamboo Equity Partners Unveils Bold Move to Conquer New Markets Beyond St. Louis!
Maryland Heights-based real estate investment firm Bamboo Equity Partners has unveiled plans to launch a new company called Artori Group, aiming to provide a comprehensive range of development services. With a vision to streamline the commercial real estate process, Artori Group will leverage the resources of Bamboo Equity Partners, including its affiliated brokerage, architecture, and construction firms. The primary target market for Artori Group will be the "middle market," encompassing smaller businesses, companies, and investors with portfolios valued under $500 million. According to CEO Dan Dokovic, the company will commence operations later this year. Dan Dokovic expressed that the conventional approach necessitates possessing multimillion-dollar portfolios or owning numerous properties to avail oneself of the services provided by full-service firms. Artori Group aims to bridge this gap by extending access to such opportunities and delivering hands-on support and top-tier outcomes to smaller businesses, institutions, and investors. The launch of Artori Group represents the latest stride taken by Bamboo Equity Partners in its strategic expansion from a local real estate firm to a nationwide investor and developer. Currently operating in multiple states, the company has broadened its portfolio of affiliated enterprises, including architecture firm Oakline Studio and contractor McClain Construction, in addition to its longstanding Intelica CRE brokerage firm. Artori Group will serve as an umbrella organization, consolidating its diverse services, and will establish a presence in the Midwest, Southeast, and Mountain regions of the United States. The company plans to set up offices in Denver, Charlotte (North Carolina), and Tampa (Florida). CEO Dan Dokovic highlighted the significance of reaching out to customers who may not have considered engaging with the company due to its localized presence in St. Louis. With its expanded geographical footprint, Artori Group seeks to cater to a broader clientele. The establishment of Artori Group by Bamboo Equity Partners underscores the company's commitment to enhancing accessibility and fostering growth opportunities in the commercial real estate sector. By offering a "one-stop shop" of development services, Artori Group aspires to reshape the landscape of the middle market, empowering businesses and investors across the nation.
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naplesgolfguy · 2 years ago
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The latest Sarasota housing market statistics showed 731 properties sold for just over $483 Million during December for the North Port, Sarasota, and Bradenton areas. The luxury market was strong, as evidenced by the 89 properties which sold at $1 Million and above. The highest-priced sale was for a single-family home in Lido Shores for $6,600,000.
Are you considering buying or selling a home in the greater Sarasota area? Let us be your guide! With 20 years of experience in Southeast Florida Real Estate, we can assist with all of your real estate needs from Sarasota to Naples. Call us today - 239.370.0892!
Matt Klinowski aka Naples Golf Guy | Downing Frye Realty Here's to living the good life in paradise, Matt
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fortmyre · 2 years ago
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2023 Places to Buy a Home in Fort Myers
Real Estate
Fort Myers is a popular destination for those looking to purchase a home, whether as a permanent residence or as a vacation property. Located on the Gulf Coast of Florida, Fort Myers offers beautiful beaches, a thriving arts scene, and a variety of outdoor activities. If you’re considering buying a house in Fort Myers, there are several neighborhoods and areas that stand out as particularly desirable places to call home.
One of the best places to buy a house in Fort Myers is the historic downtown district. This area is home to a number of charming, older homes that have been beautifully restored, as well as newer construction that blends in with the historic architecture. Downtown Fort Myers is walk-able and bike-able, with a number of restaurants, coffee shops, and boutiques within easy reach. It’s also close to the Caloosahatchee River, which offers plenty of opportunities for boating and fishing.
McGregor Boulevard Corridor
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Another popular area for home buyers in Fort Myers is the McGregor Boulevard corridor. This area is known for its large, well-maintained homes that often feature lush landscaping and swimming pools. McGregor Boulevard is a major corridor in the city of Fort Myers, Florida. McGregor Boulevard runs parallel to the Caloosahatchee River and is a main thoroughfare for both tourists and locals alike. One of the main attractions along McGregor Boulevard is the Edison and Ford Winter Estates, a 20-acre property that was home to inventor Thomas Edison and his friend, Henry Ford. The estates feature a variety of historical buildings, including Edison’s laboratory, where he conducted many of his famous experiments, and the Edison Botanic Research Laboratory, where he developed rubber from local plants. The property also includes the Edison Ford Museum, which displays a collection of artifacts and memorabilia from the lives of Edison and Ford.
Caloosahatchee River
Another notable attraction along McGregor Boulevard is the Caloosahatchee River, which runs parallel to the boulevard. The river is a popular spot for boating, fishing, and other water sports. There are several marinas and boat ramps located along McGregor Boulevard, as well as several parks and nature preserves areas.
In addition to its historical and recreational attractions, McGregor Boulevard is also home to a variety of shops, restaurants, and businesses. From quaint antique shops to modern chain stores, there is something for everyone along McGregor Boulevard. The boulevard is also home to several art galleries and studios, as well as a number of local cafes and restaurants. View Fort Myers Real Estate
In short, McGregor Boulevard is a vibrant and diverse corridor that offers something for everyone. Its mix of history, recreation, and commerce make it a must-see destination for anyone visiting the Fort Myers area.
Southeast part of Fort Myers
For those who prefer a more suburban feel, the neighborhoods in the southeast part of Fort Myers may be a good option.
The southeast part of Fort Myers, Florida is a vibrant and diverse area that offers something for everyone. Located in Lee County, this part of the city is home to a variety of recreational activities, cultural attractions, and natural beauty. River District High-Rises.
One of the main attractions of the southeast part of Fort Myers is the Caloosahatchee River, which runs through the area. The river is a popular spot for boating, fishing, and other water sports, and is home to a number of marinas and boat ramps. The southeast part of the city is also home to a number of parks and nature preserve areas, including the Caloosahatchee Creeks Preserve and the Six Mile Cypress Slough Preserve.
In addition to its natural beauty, the southeast part of Fort Myers is home to a variety of cultural attractions. The area is home to the Edison and Ford Winter Estates, which were home to inventor Thomas Edison and his friend, Henry Ford. The estates feature a variety of historical buildings, including Edison’s laboratory, where he conducted many of his famous experiments, and the Edison Ford Museum, which displays a collection of artifacts and memorabilia from the lives of Edison and Ford. Homes nearby are  Edison Park and Allen Park.
The southeast part of Fort Myers is also home to a number of shops, restaurants, and businesses. From quaint antique shops to modern chain stores, there is something for everyone in this part of the city. The area is also home to a number of local cafes and restaurants, which serve up a variety of fresh seafood and other local specialties.
This area is known for its large, newer homes on spacious lots, as well as its convenient location near shopping centers and schools.
With its beautiful natural surroundings, cultural attractions, and variety of recreational activities and amenities, it is a must-visit destination for anyone visiting the city.
Edison and Ford Winter Estates
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Finally, the area around the Edison and Ford Winter Estates is a desirable place to buy a house in Fort Myers. This historic neighborhood is home to the winter homes of inventor Thomas Edison and industrialist Henry Ford, as well as a number of other historic houses. The homes in this area range from small cottages to large estates and many of them feature charming architectural details and mature trees. The area around the Edison and Ford Winter Estates is home to a number of recreational activities and attractions. The Caloosahatchee River, which runs along the estates, is a popular spot for boating, fishing, and other water sports. The area is also home to a number of parks and nature preserve areas, including the Caloosahatchee Creeks Preserve and the Six Mile Cypress Slough Preserve.
Overall, there are many great places to buy a house in Fort Myers, each with its own unique character and amenities. Whether you’re looking for a historic downtown home, a beachfront retreat, or a suburban oasis, you’ll find plenty of options to choose from in this vibrant and diverse city.
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