The January Palisades and Eaton fires damaged about 11,000 residential properties in the city of Los Angeles totaling nearly $52 billion, Redfin reported, citing data from the Los Angeles City Council. To reach its determinations, Redfin examined a list of 11,125 residential parcels that the Los Angeles Department of Building and Safety inspected after the fires. The real estate platform then matched nearly 11,000 of those parcels to property value estimates as of December 2024, the month before the fires. Most of the properties analyzed were single-family homes. Many, though not all, were completely destroyed in the firestorms. Homes that […]
This article originally appeared on The Real Deal. Click here to read the full story.
Powered by WPeMatico