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Stock impact report

Redfin Reports Older Americans Are More Likely to Buy Disaster-Prone Homes Than Younger Americans

Redfin Corporation (RDFN) 
Last redfin corporation earnings: 2/12 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.redfin.com/investor-relations
Company Research Source: Business Wire
37% of home purchases made by people 65+ occur in counties with high risk of extreme heat, compared with 32% of purchases made by people under 35, and the same trend holds true for flood and fire risk SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Older Americans are more likely than younger Americans to buy homes in places with significant climate risk, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Over one-third (36.9%) of home purchases made by people 65 and older last year were in counties with high risk of extreme heat, compared with less than one-third (32.3%) of home purchases made by people under 35.The trend holds true for flood and fire risk; 13.3% of purchases made by people 65+ were in counties with high risk of flooding, compared with 9.8% of purchases by those under 35. And 3.7% of purchases made by people 65+ were in counties with high fire risk, compared with 2.6% of purchases by people under 35.Share of home purchases Show less Read more
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