Realtors struggle in wake of oil leak at Mayflower - KATV - Breaking News, Weather and Razorback Sports

Realtors struggle in wake of oil leak at Mayflower

MAYFLOWER, Ark. (AP) - A real estate broker in Mayflower says efforts to buy and sell homes in Mayflower have been not been easy since an ExxonMobil Pegasus Pipeline ruptured in March and spilled thousands of barrels of oil in the town near Lake Conway.

Sandy Bridges told the Log Cabin Democrat that lenders and appraisers are leery of property in Mayflower - even some far from where the spill occurred. Bridges says she's working with ExxonMobil in an effort to restore the marketplace.

She says some of the solutions may include workshops with appraisers to educate them on specific spill-related concerns.

 

Information from: Log Cabin Democrat, http://www.thecabin.net

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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