The Palisades and Eaton Fires in Los Angeles Have Destroyed 14% of Homes Within the Fire Perimeters
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The Palisades and Eaton fires in Los Angeles have destroyed or damaged 14% of homes within their perimeters, totaling 6,354 homes. Redfin, a real estate brokerage, reports that 5,449 homes were destroyed and 905 were damaged. Across Los Angeles County, 0.17% of all homes were affected.
January 17, 2025 | 10:45 pm
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NEUTRAL IMPACT
Redfin reports significant damage from the Palisades and Eaton fires, with 14% of homes within the fire perimeters affected. This highlights Redfin's role in providing critical real estate data.
Redfin's report on the fires' impact on homes demonstrates its capability in real estate data analysis. However, the news does not directly affect Redfin's financial performance or stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80