Economy
More Than 48,000 Homes at Risk Due to California Fires
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The Camp and Woolsey fires have killed at least 42 people, which make them the deadliest fires in the history of California. They have spread so extensively that over 48,000 homes are at risk for severe or total damage.
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According to real estate research firm CoreLogic:
48,390 homes with a total reconstruction cost value (RCV) of approximately $18 billion are at high or extreme risk of wildfire damage from the Camp and Woolsey fires in Northern and Southern California.
The chart below shows the risk based on an analysis of the two fires.
These charts show the financial risk by Zip code:
According to CoreLogic: RCVs represent the cost to completely rebuild a property in the worst-case scenario of total destruction of the structure, including labor and materials by geographic location.
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