Monthly premiums for more than 1 million homeowners are set to increase due to a rewrite by the U.S. Congress last year of the federal flood insurance program. Home prices in flood zones around the country are declining as potential buyers balk at the premiums. Rangel Dockery and her husband bought a waterfront house in […]
Mother Nature has spared U.S. coastal cities from devastating hurricanes this season, but some local homeowners should brace themselves nonetheless. The cost of flood insurance for thousands of properties in South Hampton Roads soon could go up – significantly in some cases. Subsidies that have kept insurance costs down for many homeowners across the country […]
James City County homeowners who have flood insurance because they live in Special Flood Hazard Areas will receive an automatic 15 percent reduction on their flood insurance if issued or renewed on or after May 1, 2013. That’s because the County’s long term efforts to voluntarily improve flood plain management resulted in a Class 7 […]
As real estate professionals field more questions about flood risk, a nonprofit research firm called the First Street Foundation unveiled a searchable website this week that allows homeowners to find detailed flood risk information on specific properties nationwide. First Street says its maps show that nearly 6 million homes and commercial properties across the U.S. are at […]
In the James City County and Williamsburg VA areas, we don’t have anywhere near the flooding issues that affect the lower lying areas of York County, Poquoson, Hampton, Newport News, VA Beach, Norfolk, and others. Mike Greaney remembers having one thought as he watched a strange dance of construction workers and hydraulics lift his neighbor’s […]
Question: I am thinking of purchasing a home in Hampton Roads, Virginia. I know that there are certain areas in Hampton, James City County, Norfolk, Chesapeake, Poquoson, York County and other nearby areas are prone to flooding. How can I find out if a home I am interested in is in a flood zone ? […]
Question: I am thinking of purchasing a home in Hampton Roads, Virginia. I know that that are certain areas in Hampton, James City County, Norfolk, Chesapeake, Poquoson, York County and other nearby areas are prone to flooding. How can I find out if a home I am interested in is in a flood zone ? […]
The following is an in-depth overview of Brickshire property values initiated by New Kent Assessors office. During the revaluation process, the goal is to have all properties at an equitable assessment level while reflecting market value. The objective is to comply with state code and eliminate any one part of the county or […]
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