A new analysis predicts an extraordinary reversal in housing fortunes for Americans.

The wildfire strikes an inland region of North Carolina that is still recovering from the damage wrought by Hurricane Helene in September.

The storm brought 100 mile-per-hour winds to the island and also battered Scotland and northern England. Britain’s weather office issued a red warning, its highest level of alert.

“I’d rather see the states take care of their own problems,” the president said. Federal emergency managers from both parties have made the same argument.

Extreme weather events — deadly heat waves, floods, fires and hurricanes — are the consequences of a warming planet, scientists say.

As climate change intensifies, flooding is emerging as a threat for homes not previously seen as high-risk. Some residents are responding creatively by lifting up their homes.

Fannie Mae and Freddie Mac, which backstop most U.S. mortgages, know floods and fires are a growing problem. But little action has been taken.

© Scott McIntyre for The New York Times

GenCast, from the company’s DeepMind division, outperformed the world’s best predictions of deadly storms as well as everyday weather.

© CIRA/NOAA, via Reuters

GenCast, from the company’s DeepMind division, outperformed the world’s best predictions of deadly storms as well as everyday weather.

© CIRA/NOAA, via Reuters

GenCast, from the company’s DeepMind division, outperformed the world’s best predictions of deadly storms as well as everyday weather.

© CIRA/NOAA, via Reuters

Fannie Mae and Freddie Mac, which backstop most U.S. mortgages, know floods and fires are a growing problem. But little action has been taken.

© Scott McIntyre for The New York Times