Tropical Storm Erin's path puts some homeowners at heightened risk, as the storm starts building into a hurricane tracked by meteorologists.

Over the weekend, Erin is expected to rapidly intensify all the way to a Category 3 hurricane. By Monday, as the storm steers away from the Caribbean and toward Bermuda, it's now forecast to hit Category 4 with 130 mph sustained winds. Some long-term computer models suggest it could get even stronger and hit Category 5 in the open ocean.

While the compact hurricane's center wasn't expected to strike land, it threatened to dump flooding rains on the northeast Caribbean as it continued to grow larger.