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Post Tagged with Economic Downturn

Superstorm Sandy Poised to Impact Sunbelt Housing Markets

By Laurie Andrews Posted in - Real Estate on November 20th, 2012

As a hurricane approaches landfall, millions tune into television, Internet and radio, awaiting word from the meteorologist who stands ready to document the moment of impact. Unfortunately, that moment comes and goes, leaving unimaginable devastation behind. In the immediate aftermath, the world is fixated on the dramatic stories of rescue and recovery. The Red Cross and private charities step in to meet the basic needs of storm victims unable to provide for themselves. Now, three weeks later, many people in the northeast are realizing the impact of a storm like Sandy, may in fact last a lifetime. Life will continue to change over the coming months. After waiting for insurance adjusters to inspect the damage, monetary relief will begin to flow. Although many will rebuild, creating thousands… Read more »