A mortgage technology company is seeking data from Gulf Coast real estate professionals as it develops a website tracking the BP oil spill’s impact on home values.

Oxford, Miss.-based FNC Inc. will launch a website this fall tracking sale prices and property values for homes up to 100 miles from the coast since an April 20 oil rig explosion set off a massive oil leak in the Gulf. A recent Inman News article covered the real estate impact of the spill; property values could drop at least 30 percent in some affected areas, according to one forecast.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top