Impact of Texas Flood Disclosure Changes on Housing Prices

This research article analyzes the effects of Texas's 2019 flood disclosure law changes on house prices, revealing a 4.2% price decline in properties within 500-year flood zones. The study utilizes sales data from 2017 to 2022, examining how increased disclosure requirements influenced buyer perceptions and market behavior, particularly in areas affected by Hurricane Harvey. The findings suggest significant implications for future flood risk disclosures and housing market dynamics.