{"id":812,"date":"2017-02-16T00:00:00","date_gmt":"2017-02-16T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/17-3m-homes-at-environmental-hazard-risk\/"},"modified":"2017-02-16T00:00:00","modified_gmt":"2017-02-16T00:00:00","slug":"17-3m-homes-at-environmental-hazard-risk","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/17-3m-homes-at-environmental-hazard-risk\/","title":{"rendered":"17.3M Homes at Environmental Hazard Risk"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div property=\"dc:description\" readability=\"55.982803374432\"><!--paging_filter--><\/p>\n<p>A whopping 17.3 million single-family homes and condos, with a combined estimated market value of $4.9 trillion, fall in ZIP codes with high or very high risk of at least one of four environmental hazards. Those environmental hazards include superfunds, brownfields, polluters, or poor air quality (see box for definitions), according to ATTOM Data Solutions\u2019 third annual Environmental Hazards House Risk Index.<\/p>\n<blockquote readability=\"6.5584862385321\">\n<p><strong>Environmental Hazards Defined<\/strong><\/p>\n<p>ATTOM Data Solutions evaluated the following environmental hazards in\u00a0its analysis:<\/p>\n<ul>\n<li>Poor air quality: The average percentage of days without significant traces of carbon monoxide, fine particles, particulate matter, nitrogen dioxide, ozone, or sulfur dioxide in the air.<\/li>\n<li>Superfunds: A list of national priorities among the known releases or threatened releases of hazardous substances, pollutants, or contaminates throughout the country.<\/li>\n<li>Brownfield: It encompasses real property, redevelopment, or reuse of land that may have the presence or potential presence of a hazardous substance, pollutant, or contaminate.<\/li>\n<li>Polluters<em>:<\/em>Industrial facilities that manufacture or process more than 25,000 pounds of a toxic release inventory-listed chemical or use\u00a0more of a specified chemical in a given year must report it to the EPA.<\/li>\n<\/ul>\n<p><em>Source: RealtyTrac<\/em><\/p>\n<\/blockquote>\n<p>That represents 25 percent of the 68.1 million single-family homes and condos in the more than 8,500 ZIP codes ATTOM Data Solutions analyzed for the study. On the other hand, 75 percent of single-family homes and condos, worth a combined $16.9 trillion, did not fall within a high or very high risk index to any of the four environmental hazards examined.\u00a0<\/p>\n<p>\u201cHome values are higher and long-term <a href=\"https:\/\/amazingproperty.com.ng\/blog\/tips-for-house-price-negotiation\/\">home price<\/a> appreciation is stronger in ZIP codes without a high risk for any of the four environmental hazards analyzed,\u201d says Daren Blomquist, senior vice president at ATTOM Data Solutions. \u201cCorresponding to that is a higher share of homes still seriously underwater in the ZIP codes with a high risk of at least one environmental hazard, indicating those areas have not regained as much of the home value lost during the downturn.\u201d<\/p>\n<p>Notably, \u201chome price appreciation over the past five years was actually stronger in the higher-risk ZIP codes, which could reflect the strong influence of investors during this recent <a href=\"https:\/\/amazingproperty.com.ng\/blog\/property-center-nigeria\/\">housing<\/a> recovery,\u201d Blomquist adds. \u201cEnvironmental hazards likely impact owner-occupants more directly than investors, making the latter more willing to purchase in higher-risk areas. The higher share of cash sales we\u2019re seeing in high-risk ZIP codes for environmental hazards also suggests that this is the case.\u201d<\/p>\n<p>The following ZIP codes had the 10 highest total of environmental hazard index values calculated by researchers: Denver; San Bernardino, Calif.; Curtis Bay, Md. (in the Baltimore metro area); Santa Fe Springs, Calif. (in the Los Angeles metro area); Fresno, Calif.; Niagara Falls, N.Y.; Saint Louis; Mira Loma, Calif. (in the Riverside-San Bernardino metro area); Hamburg, Pa. (in the Reading metro area); and Tampa, Fla.<\/p>\n<p>\u00a0<\/p>\n<div class=\"tableauPlaceholder\" id=\"viz1487244843071\" style=\"position: relative\"><noscript><img data-recalc-dims=\"1\" decoding=\"async\" alt=\"Dashboard 1 \" src=\"https:\/\/i0.wp.com\/public.tableau.com\/static\/images\/GZ\/GZKTFF738\/1_rss.png\" style=\"border: none\"\/><\/noscript><\/div>\n<p>\u00a0<\/p>\n<p><em>Source: <span style=\"display: none;\">\u00a0<\/span>RealtyTrac<\/em><\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"http:\/\/feedproxy.google.com\/~r\/DailyRealEstateNews\/~3\/U1xVfqLNWHk\/173m-homes-environmental-hazard-risk\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] A whopping 17.3 million single-family homes and condos, with a combined estimated market value of &hellip; <a title=\"17.3M Homes at Environmental Hazard Risk\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/17-3m-homes-at-environmental-hazard-risk\/\"><span class=\"screen-reader-text\">17.3M Homes at Environmental Hazard Risk<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":813,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[15239,1399,12908,543,127,344,41,818],"class_list":["post-812","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-chase","tag-development","tag-home","tag-home-buying-guide","tag-homes","tag-housing","tag-property","tag-real"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/1487269424_1_rss.png?fit=584%2C644&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":8391,"url":"https:\/\/amazingproperty.com.ng\/blog\/environmental-hazards-dont-quell-price-hikes\/","url_meta":{"origin":812,"position":0},"title":"Environmental Hazards Don\u2019t Quell Price Hikes","author":"Amazing Property","date":"February 22, 2018","format":false,"excerpt":"Home prices in ZIP codes with the highest environmental hazard risk are appreciating at a faster pace than the overall housing market in the past year and over the last decade, according to ATTOM Data Solutions\u2019 2017 Environmental Hazards Housing Risk Index. EPA Definitions Used in the Study Poor air\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Attom Data Environmental Risks.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/ATTOM-Data_environmental-risks.png?fit=769%2C710&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/ATTOM-Data_environmental-risks.png?fit=769%2C710&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/ATTOM-Data_environmental-risks.png?fit=769%2C710&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/ATTOM-Data_environmental-risks.png?fit=769%2C710&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":6468,"url":"https:\/\/amazingproperty.com.ng\/blog\/geologists-demand-soil-tests-in-projects\/","url_meta":{"origin":812,"position":1},"title":"Geologists demand soil tests in projects","author":"Amazing Property","date":"October 2, 2017","format":false,"excerpt":"Soil tests. PHOTO: SUTTLESTOCK In a renewed effort to curb incessant collapses of buildings, the Nigerian Association for Engineering Geology and the Environment (NAEGE), has called on government at all levels and organizations to establish a functional engineering geological units for pre-construction investigations of projects. The association particularly lamented on\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/soil-tests-in-projects-.jpg?fit=1200%2C676&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/soil-tests-in-projects-.jpg?fit=1200%2C676&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/soil-tests-in-projects-.jpg?fit=1200%2C676&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/soil-tests-in-projects-.jpg?fit=1200%2C676&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/soil-tests-in-projects-.jpg?fit=1200%2C676&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":5284,"url":"https:\/\/amazingproperty.com.ng\/blog\/2017s-top-summer-vacation-home-markets\/","url_meta":{"origin":812,"position":2},"title":"2017\u2019s Top Summer Vacation-Home Markets","author":"Amazing Property","date":"July 11, 2017","format":false,"excerpt":"It\u2019s officially the season for buyers\u00a0hunting down the perfect summer vacation home spot. ATTOM Data Solutions analyzed the cities where at least one in every 12 buyers is looking for a second home and ranked them based on air quality, comfortable summer temperatures, low crime, appreciating home values, and reasonable\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/07\/1_rss.png?fit=318%2C1200&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":7346,"url":"https:\/\/amazingproperty.com.ng\/blog\/experts-decry-poor-funding-of-environmental-projects\/","url_meta":{"origin":812,"position":3},"title":"Experts decry poor funding of environmental projects","author":"Amazing Property","date":"December 4, 2017","format":false,"excerpt":"Environmental pollution in Makoko, Lagos PHOTO: www.google.com Concerned about poor budgetary allocations, experts have urged the three tiers of government to improve their financial commitments to Ministries, Parastatals and Agencies (MDAs) on environmental issues. This, they believed would go a long way in promoting environmental advocacy on matters that negatively\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Environmental Pollution.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/ENVIRONMENTAL-POLLUTION.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/ENVIRONMENTAL-POLLUTION.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/ENVIRONMENTAL-POLLUTION.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/ENVIRONMENTAL-POLLUTION.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/ENVIRONMENTAL-POLLUTION.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":7071,"url":"https:\/\/amazingproperty.com.ng\/blog\/experts-decry-poor-handling-of-solid-waste-management\/","url_meta":{"origin":812,"position":4},"title":"Experts decry poor handling of solid waste management","author":"Amazing Property","date":"November 13, 2017","format":false,"excerpt":"Stakeholders have observed that population growth; increase per capital income has resulted in generation of huge volume of solid waste, which poses serious threat to environmental sustainability in the country.\u00a0They described the state as unacceptable, saying waste is becoming a problem for city managers in Africa, a situation where two\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Waste To Energy Nigeria.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/waste-to-energy-nigeria.jpg?fit=1200%2C674&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/waste-to-energy-nigeria.jpg?fit=1200%2C674&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/waste-to-energy-nigeria.jpg?fit=1200%2C674&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/waste-to-energy-nigeria.jpg?fit=1200%2C674&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/waste-to-energy-nigeria.jpg?fit=1200%2C674&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":7835,"url":"https:\/\/amazingproperty.com.ng\/blog\/foreclosed-homes-dip-to-12-year-low\/","url_meta":{"origin":812,"position":5},"title":"Foreclosed Homes Dip to 12-Year Low","author":"Amazing Property","date":"January 18, 2018","format":false,"excerpt":"Foreclosures hit a 12-year low in 2017, and the distressed properties remain increasingly difficult to find in many markets.\u00a0Foreclosure filings in 2017\u2014which include default notices, scheduled auctions, and bank repossessions\u2014dropped to the lowest level since 2005. In total, foreclosure filings were reported on 676,535 U.S. properties in 2017. That represents\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"1516304157 1 Rss.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/1516304157_1_rss.png?fit=599%2C726&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/1516304157_1_rss.png?fit=599%2C726&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/1516304157_1_rss.png?fit=599%2C726&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/812","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=812"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/812\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/813"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}