Home Prices Rise Near Wildfire Zones Despite Disaster Risk
Summary by Santa Monica Daily Press
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Home Prices Rise Near Wildfire Zones Despite Disaster Risk
Home prices in areas surrounding Los Angeles' devastating early 2025 wildfires have defied expectations, rising 4% year-over-year in the immediate aftermath of the disasters, according to a new analysis by PropertyShark. The counterintuitive market behavior suggests that proximity to burn zones has not deterred buyers from high-demand neighborhoods, with some areas seeing dramatic price increases […] The post Home Prices Rise Near Wildfire Zones…
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