- The NASA Jet Propulsion Laboratory-Cotality report, an 18-month effort, provides a structural risk assessment, projecting potential loss from perils over 100-years.
- Cotality and NASA used digital twins to model “what if” scenarios, turning data into actionable insights for planning and resilience.
- Property-level hazard assessments could become a standard practice for federal agencies and large institutions looking to proactively prepare their facilities for the changing environment.
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What’s really scary about buying a home in 2025?
The U.S. housing market is facing several “spooky” challenges. Rising costs, higher interest rates, and a growing economic uncertainty are presenting a scary reality homeowners and buyers. These factors are shaping affordability and the way people approach buying and owning a home.
- Property taxes have gone up about 30% on average across the U.S. This increase amounts to roughly $1,000 a year for some households.
- Rising interest rates are a primary driver of higher rents. When mortgage rates increase, they price out potential homeowners, which increases rental demand.
- If a recession occurs, delinquency rates and foreclosures could go up, but they are currently very low.
Links:
A 13-stop tour of some of the most haunted US places
https://www.cotality.com/insights/articles/13-stop-tour-most-haunted-us-places
Cotality Insights
https://www.cotality.com/insights
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Energy demand is rising – So are market opportunities
Shifts in energy demand reach well beyond individual homes – touching insurance risks, utility costs, community planning, and even national strategy.
- Cotality Australia’s "Watts it Worth" report experts dive into why sustainable building choices are increasingly important to consider when assessing Australian homes.
-Homes with energy efficiency features, especially solar panels, sell for a measurable premium: 2% - 6% more in the U.S. and over 2.7% in Australia.
-Both the U.S. and Australian governments have offered incentives to promote individual solar panel use.
Links:
Watt's it worth report: https://www.cotality.com/au/insights/analysis/watts-it-worth
Resilience rebalances the foundations of property: https://www.cotality.com/insights/articles/resilience-rebalances-the-foundations-of-property
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Prevention isn't popular, but it's good policy
The home insurance industry’s foundations are shifting. Even with major leaps in property data and analytics, a perfect storm of more frequent natural disasters, escalating litigation costs, and market pressures is leaving homeowners and developers increasingly exposed to risk.
- There is a fault line straining the insurance industry which could trigger a housing shock with echoes of the last financial crisis.
- The traditional insurance model is struggling to adapt to a new era of escalating risks, highlighting the need for a more proactive, collaborative approach.
- Having federal programs that can standardize incentive community level resilience measures that can support individual stability will prove to be a cost savings long term.
Webinar registration link: https://www.cotality.com/resources/webinars/making-the-shift
Find out more at Cotality.com/insights
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AI can find you a house — but can it guide you home?
Despite advances in technology promising speed and convenience, the complex and often confusing homebuying process leaves many buyers overwhelmed and reliant on expert guidance to navigate it successfully.
- Cotality’s From House to Home survey found that there was an overarching lack of confidence in the homebuying process.
- Expert advice and professional guidance remain crucial to help buyers navigate the process with confidence.
- Technology and AI-driven platforms aim to streamline the process by anticipating preferences and speeding things up.
Find out more at Cotality.com/insights
Get a new perspective on property. Host Maiclaire Bolton Smith, Vice President of Product Marketing at Cotality, goes in-depth with experts to understand how the property ecosystem is evolving, glean information on how to solve housing's greatest challenges, and see what's going to happen next.
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