Oil spill my cost $4.3bn in property values

BP’s oil spill may drive down the Gulf Coast’s shore-area property values by 10% for at least three years, according to CoStar Group Inc. Losses may total $4.3bn along the 600-mile stretch from the Louisiana bayous to Clearwater, Florida, the property-information service estimates.

Most Popular Articles

Airbnb properties wouldn’t make a dent in housing market

While the real estate market has lots of challenges during the COVID-19 pandemic, a tsunami of houses being sold by Airbnb hosts who can’t pay their mortgages isn’t one of them. HW+ Premium Content

Jun 02, 2020 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please