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Housing market slows retreat from rising seas, bigger storms

FILE - Rescue personnel use a small boat as they go house to house checking for flood victims from Florence in New Bern, NC., Saturday, Sept. 15, 2018. Hot real estate markets have made some homeowners wary of participating in voluntary flood buyout programs, impacting efforts to move people away from flooding from rising seas, intensifying hurricanes and more frequent storms. Flood buyout programs typically purchase flood-prone homes, raze them and turn the property into green space. (AP Photo/Steve Helber, File) FILE - Many of Cynthia Quick's belongings sit at the curb in front of her flood damaged home from Hurricane Matthew, Friday, Oct. 14, 2016, in a Habitat for Humanity neighborhood in Fayetteville, N.C. Hot real estate markets have made some homeowners wary of participating in voluntary flood buyout programs, impacting efforts to move people away from flooding from rising seas, intensifying hurricanes and more frequent storms. Flood buyout programs typically purchase flood-prone homes, raze them and turn the property into green space. (Andrew Craft/The Fayetteville Observer via AP, File) FILE - A home is surrounded by flooded waters from Hurricane Florence off of U.S. 401 near Linden, N.C., on Tuesday, Sept. 18, 2018. Hot real estate markets have made some homeowners wary of participating in voluntary flood buyout programs, impacting efforts to move people away from flooding from rising seas, intensifying hurricanes and more frequent storms. Flood buyout programs typically purchase flood-prone homes, raze them and turn the property into green space.(Andrew Craft/The Fayetteville Observer via AP, File) FILE - Regina Matthews rides in the back of a truck across a flooded Elliott Bridge Road in Linden, N.C. on Tuesday, Sept. 18, 2018. North Carolina Gov. Roy Cooper warned that the flooding set off by rain from Florence is far from over and will get worse in places. Hot real estate markets have made some homeowners wary of participating in voluntary flood buyout programs, impacting efforts to move people away from flooding from rising seas, intensifying hurricanes and more frequent storms. Flood buyout programs typically purchase flood-prone homes, raze them and turn the property into green space. (Andrew Craft/The Fayetteville Observer via AP, File) FILE - In this Monday, Sept. 24, 2018 photo, flood waters from the Neuse River cover the area a week after Hurricane Florence in Kinston, N.C. Monday Sept. 24, 2018. Hot real estate markets have made some homeowners wary of participating in voluntary flood buyout programs, impacting efforts to move people away from flooding from rising seas, intensifying hurricanes and more frequent storms. Flood buyout programs typically purchase flood-prone homes, raze them and turn the property into green space. (Ken Blevins/The Star-News via AP)
Housing market slows retreat from rising seas, bigger storms