BELOW SUPERNAV drop zone ⇩

Reconsidering where you live after Helene? You’re not alone

  • Hurricane Helene caused catastrophic damage from Florida to Virginia
  • About a third of young adults are rethinking where they want to live
  • Nearly half of respondents unphased by Helene damage and media

An American flag hangs above floodwaters remaining from Hurricane Helene on October 4, 2024 in Swannanoa, North Carolina. (Photo by Mario Tama/Getty Images)

MAIN AREA TOP drop zone ⇩

Mortgage Calculator

This calculator helps you estimate your monthly mortgage payment. It adds up the loan payment (principal + interest), property tax, and insurance. The loan payment is spread out over the years of your loan term.

This is the total amount you're borrowing from the bank.
This is the yearly interest rate on your loan.
This is how long you'll take to repay the loan.
This is the yearly tax you pay on your property.
This is the yearly cost to insure your home.

Monthly Payment Breakdown

Principal and Interest: $

Property Tax: $

Homeowners Insurance: $

Total Estimated Monthly Payment: $

(NewsNation) — Hurricane Helene‘s devastation has nearly a third of young adults reconsidering where they want to live in the future, according to a new survey conducted by Redfin.

“Americans are beginning to realize that nowhere is truly immune to the impacts of climate change, and we’re starting to see that impact where people want to live, even people who haven’t experienced a catastrophic weather event firsthand,” Redfin Chief Economist Daryl Fairweather said.

Helene’s damage along Florida’s Gulf Coast to the unexpected devastation in Asheville, North Carolina, has Americans ages 18 to 34 rethinking where they want to live.

In addition to possible weather catastrophes, 23% of respondents fear the overall insurance premiums for their areas will go up after Helene and that it will be hard to get insurance to cover storm-related damages.

However, nearly half of all respondents said the news and hurricane damage has not impacted the way they think about their housing situation, the report said.

Your Money

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Mist

la

55°F Mist Feels like 55°
Wind
0 mph E
Humidity
95%
Sunrise
Sunset

Tonight

Foggy. Low 51F. Winds light and variable.
51°F Foggy. Low 51F. Winds light and variable.
Wind
2 mph ENE
Precip
9%
Sunset
Moon Phase
Waning Crescent