Newspaper article Sarasota Herald Tribune

Zillow Warns of Rising Danger | More Than 934,000 Florida Homes Could Be Lost in 84 Years

Newspaper article Sarasota Herald Tribune

Zillow Warns of Rising Danger | More Than 934,000 Florida Homes Could Be Lost in 84 Years

Article excerpt

CLIMATE CHANGE

More than 934,000 Florida homes would be lost if the oceans rise by six feet, as scientists expect them to in 84 years, according to an analysis by Zillow.

One in eight Florida homes would be underwater, representing $412.6 billion in value, by 2100, Zillow said.

More than half of the homes that would be lost nationwide are in Florida. The median value of those at-risk homes is $262,626, according to the real estate marketplace's report.

Nearly 2 million homes with $882 billion value nationwide could be lost, Zillow said.

"As we move through this century, homeowners will have to consider another factor when it comes to their homes -- whether rising sea levels have any impact on them," said Zillow chief economist Svenja Gudell. …

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