According to the California Department of Forestry and Fire Protection, last year’s California wildfire season was the most destructive on record, with over 9,000 fires burning more than a million acres in 2017. Moreover, some of those fires swept through ...
Read More »California Wildfires: Housing Damages Top $5 Billion
There are currently six wildfires destroying homes along the California coast, and as the fires continue to rage—the estimated reconstruction cost value of more than $5 billion are at significant risk of damage.
Read More »OCC Allows Banks and Associations Affected by Wildfires to Close
On Thursday, the Office of the Comptroller of the Currency (OCC) issued a proclamation allowing national banks and federal savings associations affected by the California wildfires to close. Toney M. Bland, Senior Deputy Comptroller, Midsize and Community Bank Supervision issued ...
Read More »Fires Out: The Future of California’s Housing Market
As the northern California market is recovering from the aftermath of the wildfires, what steps can be taken to protect houses in the future? And what’s to come for the area’s housing market?
Read More »California Wildfires Cause Dire Housing Inventory Shortage
As wildfires consumed the California region, home price continues to rise as home supply decreases. Those living in the Northern region are struggling to re-enter the market after nearly 6,000 homes and businesses in Northern California were destroyed.
Read More »Wildfire Impact to Cost Billions in Housing Damages
As California’s raging wildfires continue to move, CoreLogic released a hazard risk analysis discovering the total number of homes at risk for damages, along with the combined reconstruction cost values, which could result in an estimated $65 billion. The analysis ...
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