Sinkholes are a lot more common than many home owners realizeâ€”particularly in Florida, according to CoreLogic, a real estate analytics firm.Â
A Florida man is presumed dead after a large sinkhole engulfed his entire bedroom last week, capturing headlines across the country. The incident has prompted many home owners wonder if a sinkhole is a threat to their homes too.Â
In a CoreLogic analysis, Florida appears to be most at risk for sinkholes, with 15,000 verified sinkholes. Pasco Countyâ€”along the West Coast of Floridaâ€”has about 6,000 of those sinkholes, according to CoreLogic.Â
"It's important to note that not all sinkholes are prone to a sudden collapse like this, and they all obviously represent various levels of risk to people in the area," CoreLogic writes. "It's also interesting to know, however, that general homeowners insurance often does not cover sinkhole losses."
Source: â€œCoreLogic: Sinkholes More Common, Costly than Home Owners Realize,â€ HousingWire (March 1, 2013)
arizona homes sale,Â arizona house,arizona real estate,Â az houses,Â az real,az real estate,Â business,Â chief economist,Â economy,Â for sale by owner,Â FSBO,Â gilbert arizona,Â gilbert az,gilbert real estate,Â home for sale in arizona,Â homes for sale in san tan valley az,Â homes for sale in san tan valley az san tan valley arizona arizona homes sale home for sale in arizona real estate az real estate arizona arizona real estate san tan san tan heights homes in az for sa,Â homes for sale valley,Â homes in az for sale,houses for sale,Â houses in Arizona for sale,Â how to sell my home,Â johnson ranch,Â queen creek,Â queen creek arizona,Â queen creek az,Â real estate arizona,Â real estate az,Â real-estate,Â san tan,Â san tan heights,Â san tan valley arizona,Â san tan valley real estate,Selling my home,Â short selling my home,Â valley homes sale,Â where is san tan valley az