Zillow, the nation’s largest real estate listing website, has removed extreme weather risk data meant to help buyers figure out if the biggest purchase of their life is particularly susceptible to floods, high winds or wildfires.
Now, other major real estate listing websites are facing pressure to do the same.
That pressure is coming from the California Regional Multiple Listing Service...
Out of concern that it has impacted home sales, the California group is questioning the accuracy of some climate change-related data compiled by risk modeling company First Street. That company creates current and future risk scores for climate change-fueled disasters like wildfires, coastal and rainstorm flooding, high winds, extreme heat and air quality, which are displayed on real estate websites including Redfin, Realtor.com and, until recently, Zillow.
Let the buyer beware.
Knowledge is bad in other words unless you have it and others don't.
Looks like collusion. Similar to landlord rent prices, etc.
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