Top of Mind Wildfire & Climate Risk in the Housing Market
In this episode of the Top of Mind podcast, Mike Simonsen sits down with Clark Woodward, Founder and CEO of RedZone, to discuss how wildfire and other climate risks are creating new existential challenges for the housing market. Clark talks about the changing landscape for disaster insurance, shares how homeowners should think about climate risk in the coming decades, and offers hope for the future through new technology and policy innovations.
About Clark WoodwardsClark Woodward is the Founder and CEO of RedZone, the leading expert on wildfire analytics and the impact of wildfires on homes and businesses. RedZone aggregates natural disaster response data and provides a platform for companies to easily understand and develop the appropriate response to protect their assets. Clark is a firefighter, a data scientist, and an entrepreneur, so he has the perfect combination of expertise to tackle this incredibly important and timely issue.
Here’s a glimpse of what you’ll learn:- How homeowners should think about climate risk in the coming decades
- Which elements of climate change are most impactful to wildfires
- How insurance is changing with regards to disasters and climate change
- Why it’s so hard to properly promote forest health
- The latest data science innovations for predicting wildfire probabilities
- The most promising technologies for preventing home damage and loss
- How new building standards and technologies implemented in Florida made a difference in mitigating damage and loss from Hurricane Ian
- What he’s most optimistic about, and what keeps him up at night
A true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. The company now serves the largest Wall Street investment firms, banks, and tens of thousands of real estate professionals around the country. Mike's insights on the market have been featured in Forbes, New York Times, Bloomberg, Dallas Morning News, Seattle PI, and many other national media outlets.
Resources mentioned in this episode: Follow us on Twitter for more data analysis and insights:https://twitter.com/altosresearch
https://twitter.com/mikesimonsen
See you next week!
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