News

Actions

Watch: Plane flies into eye of Hurricane Harvey

Watch: Plane flies into eye of Hurricane Harvey
Posted at 10:42 AM, Aug 25, 2017
and last updated 2017-08-25 12:55:11-04

Hurricane hunters with the National Oceanic and Atmospheric Administration recorded a flight into the eye of Hurricane Harvey.

The hurricane was a Category 2 as of Friday afternoon, Aug. 25, and it was expected to reach Category 3 by the time it made landfall on the Texas coast Friday evening.

 

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 are in the path of the storm.

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. 

The estimates include the "cost to completely rebuild a property in case of damage, including labor and materials by geographic location, assuming a worst case scenario at 100% destruction," the firm said in a press release.

More than $20 billion worth of those damages could be in the Houston metropolitan area alone. That's one of the most densely populated areas in the United Sates, with more than 5.6 million residents. If the storm remains a Category 2, CoreLogic estimates the damages could be mitigated, but would still reach nearly $17 billion.

Evacuations have already begun along the Texas coastline, and local officials are urging residents to avoid the streets. One storm chaser said Harvey is "about as a life-threatening as it can get."