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Super typhoon bears down on the pacific island which is also a u.s. territory. president biden issued an emergency declaration today for guam as the storm rapidly intensifies. it is expected to have wind gusts up to 190 miles per hour. cnn meteorologist chad myers is tracking the storm. chad, where is it and how bad s it going to be? well, it s 155 miles per hour right now, 190. it s just to the southeast now of guam and it s, like you said, will be the strongest storm in decades. right now what i m seeing on the satellite picture is an eye wall replacement cycle. we don t see that bright white eye or yellow eye as we did a few hours ago. that s good news. that means that the storm may be losing one of its eye walls. another one develops on the outside that s not quite as strong. the problem is we still have ten or so hours in the water and it could regain that strength and maybe even be stronger, but 155 is the forecast. that is super typhoon. ....
Stabilization and more of a normal market. it s not everywhere. here in key west, our market is still strong. in fact, our prices continue to rise. we have low supply and we still have strong demand so that, in turn, is keeping our prices up right now. katie: you talked about the numbers. i mean, we are seeing kind of extreme numbers. you picked out three cities that you see as the most with the economic downfall, phoenix being one of them down 50 point 1%. las vegas down 44.8 and miami, which was a big one for people leaving new york down 18.5%. so, why those three cities and what do you think is behind that? well, i said those three cities because, in the pasted when economy has really turned, those are the cities that are most affected in terms of their real estate market. so, i think all eye walls are on those cities right now. and, of course, with covid changing things, more people can work from home right now. they have the option to work ....
Collapsed. and then there was another building right over here that had a mural of fantastic jazz artists. this area was known as the harlem of new orleans, and that brick wall just collapsed there. so it gives you an idea of the power of this storm, andrea. we re talking about a hurricane that brought gusts here in new orleans up to 87 miles per hour and they could have been higher. when it came onshore, actually, there were wind gusts recorded of 175 miles per hour. and the big problem, andrea, is all of a sudden, this thing just kind of slowed down. we saw the eye wall redevelop, recycle, and we had two eye walls, that made for a giant eye wall in a sense. it created a 15 mile, if you will, ef-3 tornado, where the winds were 150 miles per hour. ....
Prepare for broken windows. get into a safe place. now is not the time to try to get a closer look at this storm. the 2:00 advisory has just come out, wolf. we are still maintaining 150 miles per hour winds. the storm has come on shore. it has made land fall. but that doesn t mean anything when you re talking about the storm weakening. you can see the center of the storm, lightning strikes associated with it. basically two different not eyes but two different eye walls right here, and that s what we re going to see the 150 miles per hour winds right around that center one, right here the eye wall, and then you can see the ring around it. that s where we re going to see around 110 miles per hour winds. really a wide area. you can see grand isle, and we re getting closer to homa have derek was. we re going to see a push of water as well. and i m worried about it, especially the north shore of ....
The hurricane warning stop at the border of louisiana and mississippi, then down to the south. here s the latest on the storm. this is the latest image that we got in from radar out of the new orleans area. the well defined eye. we have dual eye walls. we have the inner one, and then we have this outer one. if you were watching us at the top of this hour when we checked in with morgan and his crew in houma, louisiana, he s starting to get towards that outer eye band. the winds are going to really pick up. gusts to 80. when you go through this outer band that s when the power outages become widespread. the power is going out in chauvin and soon in areas like houma. and when the inner band goes through, there could be 130-mile-an-hour wind gusts. that would be a second hit where morgan and his crew is. that will be about two or three hours from now. we will stay with him and his crew as long as we can. as long as they are safe. the extreme wind warning is ....