Residential Real Estate News
Homes in New Mexico, Colorado and Utah Have Lowest Exposure to Natural Disasters
According to CoreLogic's newly released "Safest Place to Live" study which details the least risky places to live in the U.S. from a natural hazard perspective, McKinley County, New Mexico emerged as the least risky county to live due to its lack of hurricane and earthquake risk. Additionally, five counties in Colorado rank in the top 10 for lowest-risk areas for natural catastrophes.
CoreLogic used its Climate Risk Analytics: Composite Risk Score (CRA Composite Risk Score) to identify U.S. counties that are currently at low risk and stress-tests natural disaster risks over the next 30 years across various future climate scenarios. The climate scenarios include a base climate where conditions do not change and a progressively worsening climate noted as "Scenario 8.5." RCP 8.5 is one of a suite of scenarios (Representative Concentration Pathways) that describe several potential future scenarios. The RCP 8.5 climate change results discussed here represent a projection of climate related risks to residential properties assuming that C02 emissions continue to rise throughout the 21st century.
CoreLogic analyzed wildfire, inland flood, severe convective storm, winter storm, earthquake and hurricane perils and applied its analytics capabilities to its extensive property datasets to provide deep insights into natural hazards, climate risks and the resulting impacts on the property landscape. As a result, the top 10 counties safest from natural disaster are:
1. McKinley, New Mexico
2. Duchesne, Utah
3. Conejos, Colorado
4. Emery, Utah
5. Summit, Colorado
6. Pondera, Montana
7. Saguache, Colorado
8. Uintah, Utah
9. Mesa, Colorado
10. San Miguel, Colorado
In examining a progressively worsening climate, Scenario 8.5, the safest counties in 2050 become:
1. McKinley, New Mexico
2. Conejos, Colorado
3. Summit, Colorado
4. Duchesne, Utah
5. Saguache, Colorado
6. Spokane, Washington
7. Emery, Utah
8. Eagle, Colorado
9. San Juan, Colorado
10. Chaffee, Colorado
