Hurricane Harvey Could Cause $40 Billion Worth Of Damage On Texas Coast

 Friday, August 25, 2017

When Hurricane Harvey rips through the coastal Texas landscape, it could leave behind nearly $40 billion worth of damage, according to a new estimate from CoreLogic.
The analytics firm said that its latest data shows that about 232,721 homes on the Texas coast are in the path of the storm, which is expected to make landfall late Friday or early Saturday.
CoreLogic estimates the reconstruction costs of those homes will reach $39.6 billion if the storm does indeed reach a Category 3, as current predictions indicate.