83 percent of home shoppers consider climate risk: study
More than 80 percent of prospective homebuyers nationwide consider a climate risk while they shop for a home, according to data from Zillow.
Findings from the company show that 83 percent of prospective homebuyers consider “at least one climate risk” when looking for a house, Zillow said in a Tuesday release.
The study found that the region where prospective buyers are most considerate about such risk is the West, where 90 percent of those surveyed reported they considered it. The Northeast followed at 85 percent.
“Climate risks impact where most prospective buyers shop for a home,” Zillow senior population scientist Manny Garcia said in a statement.
Millennials are the generation most considerate of climate risk when thinking of buying a home, with 86 percent considering at least one, the study found. Following them, members of Generation Z are the second-most considerate at 84 percent.
The data comes from Zillow’s Consumer Housing Trends Report, which surveyed nearly 12,000 prospective homebuyers between April and July. The full report will be published this fall, according to the company.
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