Fires ‘Fundamentally Changed’ LA Real Estate Market, Agents Say

Six months after the worst wildfires in Los Angeles history, luxury real estate agents say the housing market has dramatically changed.

Fire safety, evacuation routes and insurance coverage are now priority considerations alongside traditional home features like views and finishings. More people from LA are looking to buy in suburban Orange County or even Texas and Florida.

Like in the broader US market, home sales have slowed in Southern California as high interest rates and economic uncertainty chill demand. New for-sale listings increased in the LA metro area 14% in the first half of 2025 compared with the same ...