The oil spill in the Gulf could cost homeowners $68 million in lost property value over the next year. The new information is part of a study conducted by Core Logic.

The average home in Pensacola, Florida has lost $40,000 since the disaster began in April. In Mobile, Alabama the average loss is about $45,000.

To view the entire study, follow this link:

http://www.corelogic.com/About-Us/News/New-CoreLogic-Data-Shows-the-Potential-Impact-of-the-BP-Deepwater-Horizon-Oil-Spill-on-Coastal-Real-Estate.aspx