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21-06-2024, 08:16 PM
"Coastal Home Values Plunge As Rising Seas Erode Market Confidence
Fri, Jun 21, 2024,
Coastal Home Values Plunge As Rising Seas Erode Market Confidence
Home values in many coastal communities are eroding along with the beaches they sit on.
A Nantucket home listed for $2 million last summer sold this year for $600,000 after a Nor'easter washed away 70 feet of the beach it sits on. The buyer told The Boston Globe, "the price mitigates the risk to a good degree."
https://finance.yahoo.com/news/coastal-h...d%20degree.
Fri, Jun 21, 2024,
Coastal Home Values Plunge As Rising Seas Erode Market Confidence
Home values in many coastal communities are eroding along with the beaches they sit on.
A Nantucket home listed for $2 million last summer sold this year for $600,000 after a Nor'easter washed away 70 feet of the beach it sits on. The buyer told The Boston Globe, "the price mitigates the risk to a good degree."
https://finance.yahoo.com/news/coastal-h...d%20degree.
