How natural disasters and racial wealth gaps are impacting homebuying

<p>Homebuying was already challenging and overwhelming before the current pandemic-induced craze. But what information are homebuyers using to determine where to invest&nbsp;in property?</p><p>A growing number of Americans may be starting to factor climate change into decisions about where they live. Housing and real estate reporter Swapna Venugopal discusses how Redfin is adding climate risk data to listings on its site.</p><p>Meanwhile, Americans who can't afford to go in on a mortgage right now are missing out on historically low interest rates. Economic opportunities correspondent Charisse Jones explains how the racial wealth gap means people of color are disproportionately more likely to pay more for mortgages and lose out on growing their equity.</p><p>Get more on historic housing discrimination the wealth gap with this 5 Things episode from May 2021.</p><p>Additional reporting from Charisse Jones and Swapna:</p><p><a href="https://www.usatoday.com/story/money/2021/08/02/climate-change-factor-moves-relocations-america/8032290002/" rel="noopener noreferrer" target="_blank">Climate change shapes where Americans relocate</a></p><p><a href="https://www.usatoday.com/story/money/personalfinance/real-estate/2021/08/16/interest-rates-homeownership-gap-black-white-americans-grows-during-pandemic/5542391001/" rel="noopener noreferrer" target="_blank">Black homeownership stalls during the pandemic</a></p><p><a href="https://www.usatoday.com/story/money/2021/08/26/covid-19-led-more-black-homeowners-falling-behind-mortgages/5569757001/" rel="noopener noreferrer" target="_blank">Late mortgage payments due to COVID-19 put Black homeownership in jeopardy</a></p><p>See Privacy Policy at <a href="https://art19.com/privacy" rel="noopener noreferrer" target="_blank">https://art19.com/privacy</a> and California Privacy Notice at <a href="https://art19.com/privacy#do-not-sell-my-info" rel="noopener noreferrer" target="_blank">https://art19.com/privacy#do-not-sell-my-info</a>.</p>