
The FSF-FM also now incorporates data from the latest CMIP6 global climate models, including more up-to-date sea-level projections and pluvial and fluvial change factors. This new model utilizes the ASOS rain gauge and PRISM precipitation data, improving the resolution and accuracy of precipitation events across the United States.

The First Street Foundation Flood Model (FSF-FM) updates include a transition from using precipitation IDF data from NOAA’s Atlas 14 to the peer-reviewed First Street Foundation Precipitation Model (FSF-PM). Additional SSP pathways for wildfire and extreme heat scenarios are being developed for future releases this year. The Foundation is also expanding the flood and wind modeling to include multiple pathways, such as SSP 2-4.5 and SSP 5-8.5. Model updates includes the migration to Shared Socioeconomic Pathways (SSP), which allows for more precise assessments based on different climate scenarios. Today, the Foundation is pleased to announce significant model enhancements to the peer-review, transparent and open flood, wildfire, and hurricane wind models. After registering, you will receive a confirmation email about joining the webinar. Welcome! You are invited to join a webinar: First Street Foundation Launches Significant Model Enhancements.

Redfin Publishes Wind Factor Data From First Street Foundation to Show Damage Potential for Homes #climatechange #housing #riskfactor #windfactor “Through Redfin, every person searching for a home will now have access to the most granular climate-risk data available, empowering them with the tools they need to make educated decisions on where to live.” “Wind Factor’s uniqueness is that it’s hyper-local and specific to wind damage rather than broader climate threats such as storms,” said First Street Foundation CEO Matthew Eby. Wind Factor also takes into account how wind exposure may change over the next 30 years, which is the typical timespan for a mortgage. “As climate disasters such as hurricanes become more severe, it’s critical that we show homebuyers how effects like wind damage may impact their home.”įirst Street Foundation’s Wind Factor is a property-level risk model that estimates the likelihood of wind damage based on current and projected wind exposure from hurricanes. “ Redfin strives for relentless transparency around climate risks for folks on their home-searching journey,” said Redfin Vice President of Product Ariel Dos Santos. This continues their commitment to provide every one of their users with transparency during the home buying process. Today, Redfin furthered their leadership in climate risk transparency by launching Wind Factor, alongside their integration of Flood Factor, Fire Factor, and Heat Factor.
