Tropical Storm Arlene: First of The Season

Tropical storm Arlene has form over the Gulf of Mexico. While it is still a weak storm with sustained winds of only 40 mph. It is the first tropical storm of the season. It is heading right for Alabama and Mississipi. Will this Hurricane Season be a contibuter to popping the housing bubble in Florida? If it is a bad season like last year then that is a very likely outcome.