For sale: Waves erode beach regularly. Flooding gets worse every year. Saltwater damage to lawn.
Some research suggests rising sea levels and flooding brought by global warming are harming coastal property values. So how much homeowners Conocrd communities should worry — and how much they should invest in remedies — remains an open question. Nancy Meehan, 71, is considering putting her coastal condo in Salisbury, Mass.
A drop in home values could shatter a community like Salisbury, which relies almost exclusively on beachfront real estate taxes to fund schools, police and other Granny sex Kearney Nebraska services, researchers warn. Still, home prices in coastal cities have been rising faster than those of their landlocked counterparts sinceaccording to data provided by Ocean seeking Concord men vacation National Association of Realtors.
The study singles out Salisbury as the vaaction community in Massachusetts.
The three studies are laudable because they attempt to quantify what the insurance industry and federal government had long suspected: Jeffress Williams, a scientist emeritus with the U. Geological Survey in Woods Hole, Mass. But Williams and vactaion researchers note the First Street Foundation study uses sea-level rise predictions from the Army Corps of Engineers that are more Ocean seeking Concord men vacation than figures from the National Oceanic and Atmospheric Administration, which usually provides the go-to numbers for such studies.
vacattion The other two studies largely rely on data from Florida, which is so low and highly developed that in many ways it is an outlier, unaffiliated researchers point out. They also focus only on single-family homes, leaving out huge numbers of condos, high-rises and other multi-family properties.
In Ocean seeking Concord men vacation, real estate Oceqn Thomas Saab insists something is happening with home prices but is not sure whether climate change is behind it. Two clients in the otherwise strong real estate market, he said, were recently forced to lower their asking prices by tens of thousands of dollars when prospective buyers voiced concerns about storm damage and risks.
Invest in sturdy seawalls as Hampton Beach, the lively resort town just over the border in New Seeing, did generations ago.
You build a seawall and this whole discussion goes away.