Pacific Palisades and Altadena

Land parcels where residences were destroyed by wildfires are asking and selling for prices exceeding early expectations

REAL ESTATE • On the Market

Land parcels where residences were destroyed by wildfires in Pacific Palisades and Altadena are asking and selling for prices exceeding early expectations, according to The Wall Street Journal:

Land sellers are now asking for roughly the same value — or even above — their land’s estimated pre-fire valuation. As a rule of thumb,…