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The Iowa flood of 2008 was a hydrological event involving most of the rivers in eastern Iowa which began June 8 and continued until July 1. Flooding continued on the Upper Mississippi River in the southeastern area of the state for many more days.
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Real estate bubbles are invariably followed by severe price decreases (also known as a house price crash) that can result in many owners holding mortgages that exceed the value of their homes. [ 32 ] 11.1 million residential properties, or 23.1% of all U.S. homes, were in negative equity at December 31, 2010. [ 33 ]
The Federal Emergency Management Agency (FEMA) defines the floodplain as the area that would be flooded by a base flood, [8] which is "the flood which has a one percent chance of being equaled or exceeded in any given year". In this sense, a base flood is synonymous with a 100-year flood and a floodplain is synonymous with a special flood ...
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The map to the right shows a flood map for the City of York, including the floodplain for a 1 in 100-year flood (dark blue), the predicted floodplain for a 1 in 1000 year flood (light blue) and low-lying areas in need of flood defence (purple). The most sustainable way of reducing risk is to prevent further development in flood-prone areas and ...
Average mortgage rates continue to push higher week over week as of Thursday, October 31, 2024, edging the fixed rate on a 30-year term closer to 6.90% — the highest level since early June.
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