After Hurricane Michael devastated the Florida Panhandle on Wednesday, vacated coastal towns looked post-apocalyptic due to the sheer magnitude of the damage, as captured in. without power as of.

More than half a million homes and businesses remain without power in New England because of a strong coastal storm. The coastal storm also forced many school districts to cancel classes Monday.

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Irma has reached the Florida coast. Tampa, which last witnessed a major hurricane almost a hundred years ago, risks failing the Irma test with an ominous forecast estimating the damage at half a million homes and hundreds of casualties.

Power was restored last weekend to homes around her, but she’s still waiting for crews to set up a key cable so she can have lights. “It’s like a lack of respect. I know the damage. half of Puerto.

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Hurricane Florence caused much less damage to the. assistance through the Federal Emergency Management Agency that totaled $20 million. Two thousand homes suffered flood damage in Chesterfield,

Hurricane Matthew brought winds of up to 88 mph and 14 inches of rain to the area on Oct. 8. 2016, according to previous Island Packet reporting. The storm – which officials initially estimated caused.

Unsecured Foreclosed Homes Pose Huge Risk as Hurricane Season Opens. In March, there were 281,691 homes in foreclosure in Florida and coastal counties in Alabama, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Texas and Virginia. Lee County, where Manikchand lives, is among the hardest-hit counties in the country.

The state with the highest number of single-family homes at risk is Florida, where more than 2.8 million of them could face storm surges related to hurricanes in categories 1 through 5.

Foreclosure mess exposes the rot from within New York foreclosure courts face seven-year backlog: RealtyTrac according to online marketplace RealtyTrac. As banks start to work through their backlog of distressed properties, the New york federal reserve estimates that 3.6 million foreclosures will take place.Foreclosures are down to almost nothing. Or, as Zandi puts it, “It took us two generations to get into this mess. We won’t get out of quickly.” You are reading The Finance 202, our must-read.

If the unprecedented number of real estate foreclosures didn’t hurt South Florida, the upcoming hurricane season likely will. A large Category 4 or 5 storm could wreak more than structural havoc on empty buildings; some believe the financial damage and related insurance, repair, and demolition costs could send Florida’s economy into an even deeper state of distress.

Foreclosure rate. later this year due to Hurricane Florence, which impacted nearly half a million homes in North Carolina alone. We also see increases in serious delinquency rates in Florida and.