Shawn McCoy In The News

Grist
More people than ever want to live on the wild edges of Western cities, despite the risk wildfires pose to their homes. A recent study by researchers at the University of Nevada, Las Vegas, found that wildfires drive down real estate prices only in the immediate aftermath of a disaster. Home prices in burned areas typically rebound to pre-fire levels within one to two years.
High Country News
More people than ever want to live on the wild edges of Western cities, despite the risk wildfires pose to their homes. A recent study by researchers at the University of Nevada, Las Vegas, found that wildfires drive down real estate prices only in the immediate aftermath of a disaster. Home prices in burned areas typically rebound to pre-fire levels within one to two years.
Realty Biz News
Wildfires have been ravaging the eastern coast of the United States this summer, but the risk of having your home destroyed in a blaze hasn’t prevented home buyers from purchasing in at-risk areas, according to a recent study.
Inman
A new study affirms that wildfire risks don't impact property values in fire-prone areas over the long run.
Mortgage Professional America
The immediate impact of wildfires will clearly have an impact on buyers considering areas prone to blazes but not for long.
Think Realty
Historically, the occurrence of wildfires has dampened home-value appreciation in the immediate area of the fire. This holds true even in neighborhoods with no evacuations or property damage. However, the 2018 wildfire season appears to be a different case entirely.
KSL Newsradio Utah
New research says wildfires that threaten or even burn homes don’t scare off potential new homeowners.
Architect Magazine
If land acquisition and real estate investment strategists didn't already have enough on their plates, what with polar opposite mixed-signals on the economic horizon line, now there's this.