by Mario Toneguzzi | Feb 24, 2022 | Featured, News
A new study says flooding pushes down housing prices and reduces the number of homes for sale, while increasing the time it takes a home to sell. The report, Treading Water: Impact of Catastrophic Flooding on Canada’s Housing Market, says that over the past eight...
by Chris Chopik | May 1, 2019 | Advice for Agents, Featured
If you think your market is not susceptible to flooding, you are mistaken. The new reality is that the storms of the future will bring more rain, faster, more often. Your clients are at risk. Flood is affecting markets across the country and south of the border. Flood...
by REM Editorial Team | Apr 26, 2018 | News
A new survey by Léger, conducted on behalf of Allstate Insurance Company of Canada, says that a quarter of Quebec homeowners say they experienced considerable issues within the first five years of purchasing their home, indicating that homebuyers may be misinformed...
by Chris Chopik | Feb 12, 2018 | Columnists
The near future will include increased flood protection insurance costs, increased sewer utility charges and increased on-site water management requirements. The increased frequency and scale of flood risk has moved beyond a centrally managed sewer capacity remedy....
by Chris Chopik | Dec 15, 2017 | Advice for Agents, Featured
The new high-water mark on insurance payouts is flood. For a century fire was the big risk to lenders and homeowners. Today’s changing weather patterns have resulted in a dramatic shift in property risk. Over land and sewer backup are the predominant flood risks for...
