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Stock impact report

Washington Flooding: Redfin’s Latest Flood-Risk and Housing Data as Atmospheric River Sweeps State

Rocket Companies, Inc. Class A (RKT) 
Company Research Source: Business Wire
Many of Washington’s counties have either experienced flooding or faced some form of flood warning. In Skagit County—an area hit especially hard—28.6% of homes face high flood risk. SEATTLE--(BUSINESS WIRE)--Torrential rainfall over the past week has caused many of Washington State’s rivers to overflow, flooding scores of homes and triggering power outages and mudslides across the state. Skagit County and Snohomish County, both located north of Seattle, have been hit especially hard. In Skagit County, 22,810 homes—or 28.6%—face high flood risk, according to a new report from Redfin, the real estate brokerage powered by Rocket.That’s the fourth-highest number among the 39 counties in Washington State and the second-highest share. Skagit County has a population of around 130,000.Redfin’s new report is based on its analysis of First Street data pulled prior to the flooding.In Snohomish County, 23,215 homes face high flood risk, the third highest number among the counties in Washington Show less Read more
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