- 2024 Is Shaping Up To Be The Most Expensive Year For US Disaster Clean-Up
- The Frequency And Intensity Of Natural Disasters Is Ramping Up
- The Cost And Availability Of Insurance Will Have A Profound Impact On Housing
I’ve only known one Milton, and he was kind of a disaster. I met him when I was a teenager working summers in the kitchen of a large restaurant in Rehoboth Beach, Delaware. He was a big, affable man who was always in trouble, an accident waiting to happen. In between, humming bars of “Blueberry Hill,” he used to extoll the upside of going to prison to get “three squares a day and a dry place to sleep” while we were standing side by side prepping seafood for the day’s menu in a sweltering kitchen. The looming hurricane version of Milton that is hitting the Gulf Coast of Florida tonight reminds me of him. We’ve all had a few days to get to know him. But this version of Milton is not our friend. We know he will eventually cause extensive damage to the lives and properties of residents in his path because that’s what hurricanes do. And there will be many others that follow him. Frankly, with family and friends on his (indirect) path, it makes me nervous, and discussing any other housing-related topic today doesn’t seem that important.

Recent Housing Notes On Catastrophe Insurance
I’ve found myself writing about natural disasters and the housing market much more than I have in the past as the frequency and intensity of events increase. Here are some of my Housing Notes from the past couple of months that are packed with a lot of useful information on the topic.
- October 4, 2024, Inland Hurricane Insurance Coverage Was Ignored Or Maladjusted
- September 27, 2024, Florida Gulf Coast Housing Was Rocked Like A Hurricane
- September 25, 2024, The Rise In Natural Disasters Will Impact Location And Renovation Choices
- August 29, 2024, The House Is On Fire: The California Insurance Nightmare Burns Brightly
Final Thoughts
I haven’t checked in on Milton in a while.
Did you miss yesterday’s Housing Notes?

Housing Notes Reads
- 120 Bay Ln, Water Mill, NY 11976 | MLS #382890 [Zillow]
- 🌊 Go With the Flow? [Highest & Best]
- Nobody Knows Anything, The Beatles edition [The Big Picture]
- Here’s How to Buy Back Your Time [Bloomberg]
Market Reports
- Elliman Report: Florida New Signed Contracts 9-2024 [Miller Samuel]
- Elliman Report: New York New Signed Contracts 9-2024 [Miller Samuel]
- Elliman Report: Manhattan Sales 3Q 2024 [Miller Samuel]