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erial footage of the Palisades fire, captured from a helicopter on January 9, 2025, reveals a devastating landscape of charred homes in the Pacific Palisades neighborhood of Los Angeles. The aftermath of this disaster has sparked concerns among housing experts that the already-stratospheric prices in Southern California will continue to rise.
As the first burned-down homes start hitting the market, real estate agent Richard Schulman shares his insights on what's unfolding in the LA County housing scene. With sales contracts being written for these damaged properties, it's clear that demand remains strong despite the catastrophic damage. This phenomenon has significant implications for the region's already-tight housing market.
Schulman joins host Peter O'Dowd to break down the numbers and explore how this unprecedented event will shape the future of Southern California's real estate landscape.
