The U.S. Geological Survey estimates that 35 to 40% of all the land in the U.S. is susceptible to sinkholes. While giant sinkholes often make the news, smaller sinkholes are also exceptionally costly to homeowners. In 2009, the average sinkhole claim cost Florida...
Sometimes you will not have any warning prior to a sinkhole developing, as it may come about within hours or minutes. But other times, there are signs leading up to sinkhole collapse. When the sinkhole is on the outskirts of the condominium property, you may not be...
By: Greg Olear It’s a nightmare scenario; you’re at home—maybe even sound asleep in your bed—or perhaps just walking down the street, and all of a sudden, the ground beneath you literally opens up, swallowing homes, cars, trees and even people into a...
By: Elaina Zachos, National Geographic Frank Neumann got quite a shock around 1 a.m. on Thursday when he heard a sinkhole open up at his retirement community in central Florida. A few hours later, around 3 a.m., police knocked on Neumann’s door and told him he...
Housing Production Makes Healthy Gains to Start New Year By NAHB (National Association of Home Builders) A surge in multifamily production pushed overall housing starts up 9.7% in January to a seasonally adjusted annual rate of 1.33 million units after an upwardly...
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