Housing Market Response to Sea-Level Rise in Florida

Acknowledgments
Contents
List of Figures
List of Tables
About the Authors
Chapter 1: Introduction
	References
Chapter 2: The Development of Vulnerable Real Estate in South Florida
	2.1 A Legacy of Vulnerability
	2.2 Do Florida Residents Perceive Their Homes as Vulnerable to the Impacts of Climate Change?
	2.3 Resolving the Conflict: A Survey of Real Estate Agents
	References
Chapter 3: House Price Trends in Coastal US Cities
	3.1 The Coast as an Amenity in the Pricing of Houses
	3.2 Flood Insurance as an Additional Cost in Coastal or Riverine Flood-Prone Areas
	3.3 Flood Insurance in Florida
	3.4 Does the Cost of Flood Insurance Influence Home Buyer Behavior or House Prices?
	3.5 Summary
	References
Chapter 4: Effective Communication About Climate Change and Sea-Level Rise
	4.1 Beliefs About Climate Change and Sea-Level Rise
	4.2 How the Concept of Climate Change Became Polarized
	4.3 Using Visual Imagery to Convey Risks of Sea-Level Rise
	4.4 The Addition of Visual Imagery About Flood Hazards to realtor.com
	4.5 Summary
	References
Chapter 5: The Role of the Real Estate Agent
	5.1 The Real Estate Sales Profession
	5.2 Real Estate Agents in Florida
	5.3 How Real Estate Agents Influence the Search for a New Home
	5.4 The Duty to Disclose by the Seller and the Real Estate Agent
	5.5 Are Florida Homebuyers Concerned with Flood Risk?
	5.6 Summary
	References
Chapter 6: Methodology: Survey of South Florida Realtors
	6.1 Respondent Characteristics
	6.2 Submarket Differences
	6.3 Summary
	References
Chapter 7: Information About Sea-Level Rise and Its Effects on Home Search Behavior
	7.1 Information Available to Homebuyers About Flood Risk
		7.1.1 Familiarity with the Area: Most Homebuyers Are Local
		7.1.2 Information from Federal and Local Government
		7.1.3 Elevation Certificate in the Process of Purchasing Flood Insurance
		7.1.4 Information from the Real Estate Industry
	7.2 Response of Buyers and Sellers
	7.3 Realtor Support for the New Website
	7.4 Do Prospective Buyers Avoid Seeking Property in Low-Lying Coastal Areas?
	7.5 Do Investors Differ from Owner-Occupiers?
	7.6 Do Buyers of Less Expensive Houses Avoid Low Elevation Property More Frequently?
	7.7 Real Estate Agent Characteristics and Opinions About Buyer Behavior and Flood Factor
	7.8 Summary
	References
Chapter 8: The Housing Market in Coastal South Florida from the Perspective of the Real Estate Agent
	8.1 Has the Threat of Sea-Level Rise Affected Florida House Prices?
	8.2 Do Lenders Consider Flood-Risk in Their Home Mortgage Decisions?
	8.3 Do Appraisers Consider Elevation or Susceptibility to Flooding in Their Assessment of Value?
	8.4 What Do Real Estate Agents Predict for the Next 5-10 Years?
	8.5 In Their Words
	8.6 Impact of Demographic, Locational and Attitudinal Characteristics on Responses
	8.7 Summary
	References
Chapter 9: Four Communities: Vulnerable by Design
	9.1 Apollo Beach
	9.2 Cape Coral
	9.3 Hollywood
	9.4 Punta Gorda
	9.5 Summary
	References
Chapter 10: Implications of Housing Market Response to Sea-Level Rise in South Florida
	10.1 Key Findings
	10.2 Looking to the Future
	References
Appendices
	Appendix 1: Questionnaire
	Appendix 2: Survey Experiment
	Appendix 3: Predictors of Views About SLR and Climate Change