Elijah de la Campa - Profile and Journalist Details
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Senior Economist, Redfin
New York
Beats
Economic News Market newsBusiness News
Content
Homes With Low Natural Disaster Risk Are Rising in Value Faster Than Homes With High Risk for the First Time in Over a Decade
By Elijah de la Campa| Redfin@ This year marked the first time since 2010 that low-risk homes across three major climate categories—heat, fire and flood—gained value faster than high-risk homes. That may be a sign Americans are growing more responsive to natural disasters. Still, high-risk homes are much more valuable than they were before the pandemic.
Property Taxes Have Surged Nearly 60% in Tampa and Jacksonville Since 2019, Exacerbating Florida’s Housing Affordability Crisis
By Dana Anderson, Elijah de la Campa| Redfin@ Property tax bills have increased since 2019 in nearly every major U.S. metro, with Florida home to three of the five metros with the biggest hikes. Property taxes are soaring in Florida partly due to the pandemic-driven migration and homebuying boom, and partly to the increasing intensity of climate disasters. Nationwide, property taxes have increased in dollars, but the effective tax rate has declined as home prices have soared faster than tax rates.
Homes With Low Natural Disaster Risk Are Rising in Value Faster Than Homes With High Risk for the First Time in Over a Decade
By Elijah de la Campa| Redfin@ This year marked the first time since 2010 that low-risk homes across three major climate categories—heat, fire and flood—gained value faster than high-risk homes. That may be a sign Americans are growing more responsive to natural disasters. Still, high-risk homes are much more valuable than they were before the pandemic.
Company Info
Redfin
Redfin is a technology-driven real estate company founded in 2004 in Seattle, Washington. It operates as a hybrid brokerage, combining the expertise of agents with proprietary tools to enhance the buying, selling, and renting experience. Redfin became publicly traded in 2017 and has shown significant growth, generating $977 million in revenue in 2023. The company offers a range of services, including full-service home buying and selling with competitive commission rates, rental listings through its RentPath integration, and in-house lending and title services. Redfin emphasizes cost savings for customers, having saved over $1.8 billion in commissions since its inception. Its customer-centric approach features salaried agents focused on satisfaction, real-time updates on listings, and virtual tours. With a presence in approximately 100 U.S. and Canadian markets, Redfin continues to expand its reach and innovate in the real estate sector.
Seattle, Washington, United States
+1 206-576-8333
Founded: 2006