Real Estate
LA Fires ‘Fundamentally Changed’ the Region’s Real Estate Market, Agents Say
Cleared lots and destroyed homes following the Palisades Fire in the Pacific Palisades area of Los Angeles on May 29.
Photographer: Eric Thayer/BloombergSix months after the worst wildfires in Los Angeles history, luxury real estate agents say the housing market has dramatically changed.
Fire safety, evacuation routes and insurance coverage are now priority considerations alongside traditional home features like views and finishings. More people from LA are looking to buy in suburban Orange County or even Texas and Florida.