The Easter Tornadoes
Veros Determines the Potential Residential Property Risk Resulting from Multiple Tornadoes Across Mississippi and South Carolina: April 12-23, 2020
Overview
In what is already the deadliest year in tornadoes since 2011, a widespread and deadly tornado outbreak that began on Easter weekend dealt a devasting blow across the South. The National Weather Service confirmed 105 tornadoes carved destructive paths through 10 states on April 12th and 13th. The tornado outbreak continued in the weeks ahead. Veros Real Estate Solutions analyzed the impact of these tornadoes across two of the ten states, Mississippi and South Carolina, from April 12 – 23, 2020 and determined the potential number of residential properties that may have sustained some level of damage.
Veros Real Estate Solutions identifies 3,444 residential properties potentially impacted in the core of the Easter Tornado Event, with a total market value of $648,430,700 million based on the predictive analytics available through the VeroVALUE AVM.
Using public records, proprietary data and mapping technology, this report details the potential impact to homes, outstanding mortgages and potential impact to insurance coverage.
Easter Tornado Property Impact Key Stats
Potentially 5,926 properties in the region were at stake, with 3,444 in the direct core of the tornado with the potential for greater damage.
Total market value of potentially impacted properties in the core and buffer zones exceeds $1.273 Billion.
Oconee County was the hardest hit county in South Carolina.
Storm Facts & Figures
Easter Tornadoes: April 12-13 with subsequent tornadoes April 14-23, 2020
Over 100 Tornadoes: Reported as a combination of EF-1, EF-2, EF-3 and EF-4
Lives Lost: 36 people died as a result of the April 12-13 tornadoes
Massive Winds: Reached 190 mph near Bassfield, MSÂ
718 Storm Reports: National Weather Service reported 118 tornadoes and 564 reports of wind damage and hail
Multiple Tornadoes Created A Broad Area of Devastation
Mississippi Path
This map shows the multiple tornadoes directly impacting specific counties across Mississippi. The winds, rain and violent storms further impacted the area.
South Carolina
Tornadoes resulted in even more significant property level impact in South Carolina.
Massive winds uprooted trees, moved homes and changed people’s lives.
COVID-19, Easter and The Tornadoes
As the Easter holiday approached, the rise of COVID-19 cases continued its upward trajectory. When the tornadoes hit, residents were forced from their homes and faced the uncertainty of going to a shelter where social distancing would be difficult. The light blue box is the COVID-19 new case trend that occurred during the tornado event activity tracked in this report. For complete COVID-19 tracking, go to the Veros COVID-19 Tracker.
Summary
The total impact of these tornadoes was extreme. People died, others were injured, homes damaged and lost, businesses interrupted and lives forever changed. In addition, these tornadoes occurred during the COVID-19 virus pandemic, causing further strain on shelters, first responders and citizens following stay at home orders as well as social distancing guidelines.Â
Veros is committed to supporting the challenges faced by the organizations helping those in need. Veros continues to monitor the impact of tornadoes and future natural disasters as they occur. Our thoughts are with the people and responders challenged with the effects of this event.
When Disaster Strikes, Veros Is There for You.
To request a complete list of potential properties and localized damage as a result of the Easter Tornadoes, visit: Veros.cc/Data or call: 866.458.3767.
To subscribe to future natural disaster reports from Veros Real Estate Solutions, please visit: Veros.com/911
What Disaster Data Can Do for Your Business.
Proactively help the people most in need by identifying at risk loans and rapidly initiating contact to offer assistance
Identify damaged and high-risk properties
Accelerate clear-to-close time for unimpacted properties
Determine risk rating and focus risk management efforts on high-risk properties
Streamline the property assessment process
Eliminate unnecessary property inspections
