Redfin has added climate factors to its menu of items for homebuyers to consider when shopping for real estate.
Curb appeal, a walk-in closet, and proximity to local schools are no longer alone in the list of reasons for homebuyers.Redfin Chief Economist Daryl Fairweather joined Seattle’s Morning News to explain why they added the new function and how it works. Fairweather admits that even they weren’t sure users would be interested at first.
“Wildfire smoke might not be coming from Pierce County directly, but coming from surrounding counties and even as far away as Canada, Oregon, and California,” Fairweather said. “There’s just a lot of wildfire risk currently and that risk is increasing, which would increase the amount of days where there is unhealthy air quality.”
“For heat, flood, and wind risk people are moving into those areas. Think of Florida that has all those risks. For air quality, people are leaving the West Coast, which has the highest air quality risk. And that’s largely because of affordability. Seattle has become quite unaffordable over the last 10 years or so. And that’s true of San Francisco and Los Angeles as well where the air quality risk is high,” Fairweather said.
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