Burt M. Polson - Commercial Real Estate Broker

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Filtering by Tag: values

Shaking up real estate values with the new fault maps - part 1

I recall going on a run at Alston Park in Napa after the earthquake to find a six-inch crevice that opened up across several trails. Previously living in Browns Valley in Napa I pinpointed the location of my former home on the new Alquist-Priolo earthquake fault zone map to find the house is now within the yellow block signifying it lies within the earthquake fault zone. I am thankful I sold when I did.

When I purchased the home, I suspected the fault was in the area of Century Oaks Park based on previous maps, so I always had bought earthquake insurance. I sold the home back in 2011 and had never experienced an earthquake in that house.

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It's in the water

News of the lead tainted water supply in Flint, Michigan poured over the nation. With lead levels five times higher than levels of concern for safe drinking. Residents are looking at who to blame.

Lives vs. budget

The lead tainted water in Flint, Michigan has lifelong effects for thousands of residents. With the city's financial woes, in 2011 it was placed in receivership by the State’s governor. The team put into place to cut costs and get the city stable decided to switch the water supply from Lake Huron with abundant high-quality water to a sub-par river supply.

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