LA wildfires destroy over 10,000 structures, cause 16 deaths, and spark real estate market concerns.

Real estate agent Craig Rosevear compares the LA wildfires to the destruction of several Newcastle suburbs, noting 16 deaths and over 10,000 structures destroyed. The fires, fueled by hot temperatures and dry conditions, have caused panic and evacuations. Rosevear predicts the LA real estate market will face significant challenges for months, with a focus on temporary housing.

January 12, 2025
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