Skip to main content

Nearly 48K Homes at High Risk in California Fires

Phil Hall
Nov 13, 2018
A new data analysis from CoreLogic has determined that 48,390 homes with a total reconstruction cost value (RCV) of approximately $18 billion are at high or extreme risk of wildfire damage from ongoing fires in California

A new data analysis from CoreLogic has determined that 48,390 homes with a total reconstruction cost value (RCV) of approximately $18 billion are at high or extreme risk of wildfire damage from ongoing fires in California.
 
CoreLogic stated that 31,394 residences with a total RCV of $7 billion are at high or extreme risk from the Camp Fire, while 16,996 residences with a total RCV of $11 billion face high or extreme risk from the Woolsey Fire. CoreLogic added that its data was not being presented as current property damage, adding that not all at-risk homes were on target for fiery destruction.
 
As of this morning, there were 44 confirmed deaths from the fires. The Camp Fire has already burned through 117,000 acres and the Woolsey Fire covered 93,000 acres.

 
Published
Nov 13, 2018
loanDepot And mellohome Introduce Home Services Bundle

loanDepot, Inc. and its sister company mellohome are launching a proprietary bundle of home buying and selling services.

Industry News
Jul 30, 2021
Gateway Mortgage Surpasses 165 Mortgage Centers With 10 New Additions

Gateway Mortgage reported significant growth in the company, prompting it to open 10 new locations across Colorado, Idaho, Oklahoma, Texas, Oregon, and Wyoming.

Industry News
Jul 30, 2021
FHFA Requires 30-Day Notice Prior To Eviction

Wednesday, the Federal Housing Finance Agency (FHFA) announced that tenants of multi-family properties must be given 30 days notice to vacate before the tenant is required to leave the premise.

Industry News
Jul 29, 2021
Houston-Based Stewart Acquires Title First Agency

Ohio-Based Agency Has 20 Offices And Operates in 32 States

Industry News
Jul 28, 2021
Planet Home Lending Reports Total Origination Volume Of $6.8B In Q2 2021

Planet Home Lending's total origination volume reached $6.8 billion in Q2 2021, up 77% from $3.9 billion in Q2 2020.

Industry News
Jul 22, 2021
FHFA Ends Controversial Refinance Fee

The FHFA announced that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries, starting August 1, 2021.

Analysis and Data
Jul 19, 2021