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UPDATE: CoreLogic® Analysis Shows Top 10 Zip Codes in Atlantic City, Ocean City and Philadelphia Areas at Risk of Property

  UPDATE: CoreLogic® Analysis Shows Top 10 Zip Codes in Atlantic City, Ocean
 City and Philadelphia Areas at Risk of Property Damage From Hurricane Sandy
                                 Storm Surge

PR Newswire

IRVINE, Calif., Oct. 29, 2012

IRVINE, Calif., Oct. 29, 2012 /PRNewswire/ -- CoreLogic (NYSE: CLGX), a
leading provider of information, analytics and business services, today
released data showing the top 10 zip codes in the Atlantic City, Ocean City
and Philadelphia metro areas that are at risk of exposure to residential
property damage from hurricane-driven storm-surge flooding when Hurricane
Sandy hits the Atlantic coast later today.

(Logo: http://photos.prnewswire.com/prnh/20100609/CLLOGO)

In Atlantic City-Hammonton, NJ, the island community of Margate City faces the
highest risk with 4,465 residential structures valued at more than $1.4
billion exposed to Sandy storm-surge damage. The top 10 local Atlantic City
areas at risk are as follows:

Rank Zip Code - Area Name            Properties Affected Total Structure Value
1    08402 - MARGATE CITY, NJ        4,465               $1,407,941,777
2    08203 - BRIGANTINE, NJ          5,009               $1,207,217,952
3    08403 - LONGPORT, NJ            1,505               $633,280,808
4    08401 - ATLANTIC CITY, NJ       4,545               $625,291,142
5    08406 - VENTNOR CITY, NJ        2,032               $466,709,648
6    08244 - SOMERS POINT, NJ        1,327               $172,455,160
7    08221 - LINWOOD, NJ             449                 $124,620,162
8    08234 - EGG HARBOR TOWNSHIP, NJ 426                 $75,433,164
9    08232 - PLEASANTVILLE, NJ       316                 $40,694,332
10   08330 - MAYS LANDING, NJ        51                  $16,812,833

The coastal resort area of Ocean City, NJ appears to face the greatest
potential exposure to storm-surge damage, with 6,246 homes worth a combined
$2.5 billion at risk. The top 10 local Ocean City areas at risk are as
follows:

Rank Zip Code - Area Name            Properties Affected Total Structure Value
1    08226 - OCEAN CITY, NJ          6,246               $2,508,197,400
2    08202 - AVALON, NJ              661                 $510,127,600
3    08247 - STONE HARBOR, NJ        242                 $150,548,400
4    08243 - SEA ISLE CITY, NJ       225                 $80,988,800
5    08223 - MARMORA, NJ             219                 $66,797,800
6    08260 - WILDWOOD, NJ            195                 $50,098,400
7    08210 - CAPE MAY COURT HOUSE,   146                 $29,667,600
     NJ
8    08270 - WOODBINE, NJ            62                  $18,289,600
9    08204 - CAPE MAY, NJ            28                  $15,813,600
10   08251 - VILLAS, NJ              40                  $6,702,000

In the Philadelphia-Camden-Wilmington, PA-NJ-DE metro area, Pennsville, NJ
holds the top spot with more than 1,600 homes at risk valued at more than $297
million. The top 10 local Philadelphia areas exposed to Hurricane Sandy
storm-surge damage are as follows:

Rank Zip Code - Area Name      Properties Affected Total Structure Value
1    08070 - PENNSVILLE, NJ    1,682               $297,040,322
2    08027 - GIBBSTOWN, NJ     1,333               $202,067,100
3    08065 - PALMYRA, NJ       965                 $107,934,829
4    08077 - RIVERTON, NJ      315                 $85,291,330
5    08066 - PAULSBORO, NJ     748                 $79,955,600
6    08063 - NATIONAL PARK, NJ 373                 $79,877,200
7    08016 - BURLINGTON, NJ    596                 $70,032,997
8    08086 - THOROFARE, NJ     376                 $68,501,400
9    08093 - WESTVILLE, NJ     450                 $61,093,000
10   08069 - PENNS GROVE, NJ   259                 $48,577,665

*An extended analysis of the top 25 zip codes in the metro areas listed above
is available upon request.

In a report issued Saturday, CoreLogic also provided an estimate of the total
number of residential properties at risk among the coastal Mid-Atlantic states
overall, assuming Sandy hits the coast as a Category 1 hurricane. Within that
seven-state region, nearly 284,000 total residential properties valued at
almost $88 billion stand at risk:

State         Number of Properties at Risk Value of Properties at Risk
New York      81,078                       $35,128,036,406
New Jersey    75,314                       $22,601,229,263
Virginia      66,544                       $11,311,646,410
Maryland      30,131                       $8,983,837,253
Massachusetts 21,770                       $7,761,235,023
Delaware      8,894                        $2,069,493,600
Pennsylvania  246                          $24,131,496

The number of residential properties in eight major metro areas and their
respective potential exposure to damage are as follows:

                                             Number of     Value of Properties
Metro Area                                   Properties at at Risk
                                             Risk
New York City-Northern New Jersey-Long       119,312       $48,064,953,474
Island, NY-NJ-PA
Virginia Beach-Norfolk-Newport News, VA-NC   59,042        $10,029,968,947
Atlantic City-Hammonton, NJ                  20,283        $4,807,676,476
                                             10,491        $2,959,837,038
Boston-Cambridge-Quincy, MA-NH
                                                          
Baltimore-Towson, MD                         10,010        $3,508,329,420
                                             8,747         $1,417,862,696
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
                                                          
                                             8,080         $3,444,625,200
Ocean City, NJ
                                                          
Washington-Arlington-Alexandra, DC-VA        2,207         $734,901,116

Hurricane-driven storm-surge flooding can cause significant property damage
when high winds and low pressure causes water to amass inside the storm,
releasing a powerful rush over land when the hurricane moves on shore. The
CoreLogic analysis measures damage from storm surge and does not include
potential damage from wind and rain associated with hurricanes.

To view a map showing hurricane-driven storm-surge risk through Google Earth,
visit here. To download the map as a KML file, visit here. Static maps
depicting storm surge in the Northeast are available upon request.

For more information on CoreLogic storm-surge methodology, data and analysis,
download a copy of the more in-depth 2012 CoreLogic Storm Surge report at
http://www.corelogic.com/about-us/researchtrends/storm-surge-report-2012.aspx.

Methodology
CoreLogic generates storm surge data using the company's comprehensive parcel
database of property-level data for more than 131 million parcels nationwide.
After identifying a region's vulnerability to storm surge given on-shore and
off-shore geographic attributes and population density, CoreLogic identifies
all residential properties within a predicted storm surge area and analyzes it
against the associated property value of each home.

About CoreLogic
CoreLogic (NYSE: CLGX) is a leading residential property information,
analytics and services provider in the United States and Australia. Our
combined data from public, contributory and proprietary sources spans over 700
million records across 40 years including detailed property records, consumer
credit, tenancy, hazard risk and location information.The markets CoreLogic
serves include real estate and mortgage finance, insurance, capital markets,
transportation and government.We deliver value to our clients through unique
data, analytics, workflow technology, advisory and managed services.Our
clients rely on us to help identify and manage growth opportunities, improve
performance and mitigate risk. Headquartered in Irvine, Calif., CoreLogic
operates in seven countries.For more information, please
visitwww.corelogic.com.

CORELOGIC the stylized CoreLogic logo are registered trademarks owned by
CoreLogic, Inc. and/or its subsidiaries. No trademark of CoreLogic shall be
used without the express written consent of CoreLogic.

Note to Media: The CoreLogic storm-surge analysis provided below was developed
based on the projected path of Hurricane Sandy as of 2:00 p.m. ET Monday,
October 29.

SOURCE CoreLogic

Website: http://www.corelogic.com
Contact: To schedule interviews with CoreLogic subject-matter experts, Lauren
Salay, +1-202-232-6627, lsalay@cvic.com, or Andrea Hurst, +1-405-487-7721,
ahurst@cvic.com
 
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