WILL EL NINO RAINS BE A FLOOD OF BAD NEWS FOR REAL ESTATE?

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Summer may be waning, but the Pacific Ocean is just starting to heat up. And with that warming water comes El Niño, the dangerous and sometimes disastrous series of weather events that “heats up the atmosphere and changes circulation patterns around the globe, especially the jet stream over the Pacific, which becomes stronger and dumps more frequent and intense storms over the western U.S., especially California,” writes CNN. Sigh.

This year’s El Niño, according to the forecast released by NOAA’s Climate Prediction Center on Thursday, is “significant and strengthening.” Translation: It’s gonna be hot, it’s gonna be stormy, and it’s gonna be long. While the effects are felt around the world, in the United States, California and the South tend to be hardest hit, and, as The New York Times reported on Friday, “El Niño May Bring Record Heat, and Rain for California.”

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Keith Kaplan

CalBRE #01933707
Sothebys International Realty
9255 Sunset Blvd.
West Hollywood, CA   90069

keith.kaplan@sothebyshomes.com

310-646-7791

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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