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[REGIONAL NEWS] Can new homes on the edge of San Diego stop wildfires?

Posted by   /  August 2, 2019  /  Real Estate, Regional News  /  No Comments

New development in outskirts of San Diego planned, despite fire risks./Desert Sun A local fire chief who supports the development in a “very high” fire risk area says yes. Other experts emphatically disagree By Gabrielle Paluch | Palm Springs Desert Sun Before the scrubby hills around Proctor Valley Road east of Chula Vista were fenced […]

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Utility to pay California governments $1 billion for massive wildfire damages

Posted by   /  June 19, 2019  /  Energy and Environment, Real Estate  /  No Comments

President Donald Trump met with California Governor Jerry Brown, Gov.-elect Gavin Newsom and first responders at Northern California wildfire-burned areas. Nov. 17, 2018./ Screengrab  By Jamie Ross | Daily Beast The utility giant blamed for a series of wildfires that devastated huge swaths of California has agreed to pay out $1 billion to local governments […]

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Why do we keep building houses In places that burn down?

Posted by   /  November 12, 2018  /  Real Estate  /  No Comments

  By Emily Guerin | laist It’s a real estate paradox: the most desirable places to live are also among the most susceptible to wildfires. Mansions in the Santa Monica Mountains, tiny cabins tucked into the Angeles National Forest, and houses at the very edge of subdivisions are all beautiful because they’re surrounded by undeveloped land. […]

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CoreLogic analysis shows more than 172,000 homes at risk from wildfires in Napa and Santa Rosa

Posted by   /  October 10, 2017  /  Real Estate News Briefs  /  No Comments

(Editor’s note: News releases are published unedited, unless they contain factual errors.)  According to CoreLogic® hazard risk analysis, a total of 172,117 homes with a combined reconstruction cost value (RCV) of more than $65 billion are at some level of risk from the wildfires in the Napa and Santa Rosa metropolitan areas. The analysis is […]

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