Is Your Home at Risk Due to Rising Sea Levels?

Earlier this month, the Boston Globe reported that “nearly 62,000 homes and $45 billion worth of real estate in Massachusetts could face chronic flooding from sea level rise in the decades to come.”

While the city of Boston is already proposing solutions for the impacts of climate change, smaller municipalities north and south of Boston are facing a greater risk. Towns such as Revere, Saugus, Winthrop and a few South Shore communities, will see residential tidal flooding increase as soon as 2030.

The severe flooding that many faced this last winter raised awareness of the changing climate conditions and how it will impact local residents. Many homeowners located close to the coastline experienced severe flooding while over 150,000 lost power.

As tide-levels continue to rise and threaten coastal communities, real estate markets could possibly experience a potential crisis within the next 20 to 30 years.

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