Zillow Listings Will Soon Include Climate Risk Modeling
Seattle, WA, October 11, 2024-Zillow is introducing climate risk data, provided by First Street, the standard for climate risk financial modeling, on for-sale property listings across the U.S. Home shoppers will gain insights into five key risks-flood, wildfire, wind, heat and air quality-directly from listing pages, complete with risk scores, interactive maps and insurance requirements.
With more than 80% of buyers now considering climate risks when purchasing a home, this feature provides a clearer understanding of potential hazards, helping buyers to better assess long-term affordability and plan for the future. In assisting buyers to navigate the growing risk of climate change, Zillow is the only platform to feature tailored insurance recommendations alongside detailed historical insights, showing if or when a property has experienced past climate events, such as flooding or wildfires.
Climate risk information will be available on the Zillow app for iOS and on the Zillow website by the end of the year, with Android availability expected early next year.