CoreLogic: 4.2 million homes in path of hurricane storm-surge | South Salem Real Estate

More than 4.2 million U.S. homes are located within the risk-zone of hurricane-driven storm-surge along the Atlantic and Gulf Coasts, CoreLogic concluded in a study this week.

After analyzing residential property risk on the national, regional, state, metro and ZIP code level, CoreLogic ($26.430%) produced a Storm Surge Report, noting that $1.1 trillion in U.S. property is situated within at-risk areas.

Unfortunately, risk-prone areas are only increasing.

The Federal Emergency Management Agency released a revised flood map for New York suburbs, adding another 35,000 homes and businesses to the list of at-risk properties along the coast.

“Public awareness of the risk hurricane-driven storm surge poses to coastal homeowners has never been higher coming off the heels of Hurricane Sandy last fall,” said Dr. Howard Botts, vice president and director of database development for CoreLogic Spatial Solutions. “Sandy was a harsh reminder of the potential destruction associated with storm-surge flooding, and of just how many communities are vulnerable to that risk, in areas typically assumed to be relatively safe from hurricanes along the northeastern Atlantic shoreline.”

Of the $1.1 trillion in property at-risk, $658 billion is located in 10 major metro areas.


Bedford New York Real Estate | Bedford NY Homes by Robert Paul Realtor » Blog Archive » CoreLogic: 4.2 million homes in path of hurricane storm-surge | South Salem Real Estate.

About robertpaulrealtor 914-325-5758

Realtor in Bedford NY specializing in marketing and selling luxury homes and finding the perfect homes for new buyers. Working in Armonk, Katonah, Pound Ridge, Lewisboro, Chappaqua and North Salem. 914-325-5758
This entry was posted in South Salem Real Estate and tagged , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s