In the three years after major fires, home prices rise 21% in directly-hit areas on average, compared with 33% growth just outside of fire zones.
That’s down from a peak of 32% at the start of the year, but higher than the 26% level we saw early in the pandemic.
Still, interest in vacation homes will likely remain above pre-pandemic levels for the foreseeable future due to the permanent shift to remote work for many
Competition is easing as homebuyers grow tired of sky-high asking prices and the housing market enters its typical seasonal slowdown. In August, 58.8% of home
Merced, CA—an agricultural hub hit hard by the Great Recession—topped the list of U.S. metro areas where teachers had relatively high disposable incomes in 2020.
Three of the 10 most popular migration destinations in July were in the Sunshine State, which faces high risk from storms and rising sea levels.
In the three years after major fires, home prices rise 21% in directly-hit areas on average, compared with 33% growth just outside of fire zones.
That’s down from a peak of 32% at the start of the year, but higher than the 26% level we saw early in the pandemic.
Still, interest in vacation homes will likely remain above pre-pandemic levels for the foreseeable future due to the permanent shift to remote work for many
Competition is easing as homebuyers grow tired of sky-high asking prices and the housing market enters its typical seasonal slowdown. In August, 58.8% of home
Merced, CA—an agricultural hub hit hard by the Great Recession—topped the list of U.S. metro areas where teachers had relatively high disposable incomes in 2020.
Three of the 10 most popular migration destinations in July were in the Sunshine State, which faces high risk from storms and rising sea levels.