Gulf Coast Residential Property Damage Exposure from Hurricane Isaac Projected to be $27 Billion

According to new data released today by CoreLogic, there is potentially over $27 billion in exposure to residential property damage from storm surge flooding as Tropical Storm Isaac makes its way across the Atlantic Ocean along a projected path toward the Gulf Coast.

"Based on current forecasts, Tropical Storm Isaac is predicted to strengthen into a Category 1 hurricane and become the first hurricane to impact the United States this year," said Dr. Howard Botts, vice president and director of database development for CoreLogic Spatial Solutions.