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Homes in Flood Zones Plummet in Value and Become Unsellable


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2011 Oct 23, 11:15am   738 views  1 comment

by HousingWatcher   ➕follow (0)   ignore (3)  

Repeat North Jersey flooding ruins hope of selling

http://www.northjersey.com/realestate/132396548_Repeat_flooding_ruins_hope_of_selling.html?y&page=1

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1   BayArea   2011 Oct 24, 6:48am  

This takes me a bit home as I have been living in the Oakland Hills since 2007. Between being located in earthquake country, high risk of slides during rain season, and a massive fire-storm every 25-30yrs, we still are willing to take on that level of risk to live in such a beautiful region.

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