Real estate market concerned: Google Maps reveals Houston flood zones

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Real estate market concerned: Google Maps reveals Houston flood zones

Houston … we have a problem. Google Maps has outed us as a city that floods. Anyone using it on their phone can now browse our neighborhoods to see who got flooded and who stayed flooded. For Houstonians continuing to suffer even today, facing a months-to-years long recovery after Harvey, this is more bad news because it may result in, or perpetuate, lower home values. Simply put: Prospective buyers who see these maps may run the other way rather than risk it. Demand could become lower in these areas leading motivated sellers to reduce their prices.

Source: www.khou.com/weather/harvey/real-estate-market-concerned-google-maps-reveals-houston-flood-zones/478620236

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