California homeowners and prospective buyers, take note: A groundbreaking study by First Street Foundation has unveiled a stark future for the Golden State’s real estate market, with potentially devastating economic consequences. The research, highlighted by Yahoo News and CBS News, predicts that changes in the climate could wipe out a staggering $1.47 trillion in US home values by 2055, with California poised to bear a significant portion of this loss. The Central Valley, known for its agricultural prowess, is particularly vulnerable. As wildfires, floods, and rising sea levels threaten to reshape California’s landscape, the ripple effects could extend far beyond individual homeowners, potentially destabilizing local economies and exacerbating existing inequalities…