Impact of the Oil Spill On the Real Estate Market

Here is an interesting article from Atty. Chris McLaughlin, from Loss Mitigation Institute:

Just when you thought the Gulf oil spill couldn’t get any worse, a new forecast by Housing Predictor has many experts fearing the worst; coastal real estate and condos throughout Florida, Louisiana and Mississippi dropping as much as 30 percent or more in response to what is already being termed the worst natural disaster in the history of the United States.

Specifically cited properties expected to be hardest hit include:

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