Wildfires are an unfortunate reality for Los Angeles residents, and the recent Palisades and Eaton Fires have been a stark reminder of their devastating impact. Together, these fires have burned vast swathes of land and destroyed 14% of the homes within their perimeters, leaving many families displaced and communities in turmoil.
Understanding the Scale of Destruction
The Palisades Fire erupted in the densely wooded hills of the Pacific Palisades neighborhood, fueled by dry conditions and high winds. It quickly spread, consuming homes and natural habitats. Similarly, the Eaton Fire tore through residential areas in the foothills of Pasadena, leaving a trail of destruction in its wake.
Local officials reported that the two fires combined have destroyed hundreds of homes. These numbers only highlight the immense challenges Los Angeles faces in combating wildfires in increasingly dry and hot conditions.
Economic and Real Estate Consequences
The destruction of 6,354 homes in Los Angeles, representing 14% of properties within the fire perimeters, creates significant market implications. The loss exceeds the annual new housing permits (~6,000) in LA County, effectively nullifying a year's worth of housing supply growth. This compounds the existing housing shortage crisis, particularly impacting the rental market where we see unprecedented price escalation – exemplified by the rental property bid up from $16,000 to $30,000 monthly.
The fires’ impact extends to the real estate market in Los Angeles. With a significant portion of homes destroyed, housing inventory in the affected areas has dwindled, driving up demand and prices for available properties. Additionally, the cost of rebuilding homes is expected to strain resources and lengthen recovery timelines.
Homeowners and potential buyers alike face uncertainties about property insurance and fire safety measures. For those considering selling or buying in fire-prone areas, it’s more crucial than ever to work with real estate professionals who understand these unique challenges.
How Scout Realty Can Help
At Scout Realty, we understand the complexities of the Los Angeles housing market, especially in the aftermath of disasters like the Palisades and Eaton Fires. Our experienced team is here to provide guidance to those affected by the fires, whether you’re looking to rebuild, relocate, or purchase a home in a safer area.

We specialize in helping clients navigate insurance claims, find suitable housing solutions, and identify properties that meet modern safety standards. Additionally, our mentorship programs for real estate agents ensure that our team is always equipped to serve you with compassion and expertise.
Preparing for Future Wildfires
While no one can predict when or where the next wildfire will occur, there are steps that homeowners can take to protect their properties and loved ones:
1. Create Defensible Space: Clear brush, trees, and other flammable materials at least 30 feet from your home.
2. Invest in Fire-Resistant Materials: Consider fire-resistant roofing, siding, and windows to reduce the risk of damage.
3. Stay Informed: Sign up for emergency alerts and develop an evacuation plan for your family.
4. Regular Maintenance: Clean gutters and roofs regularly to prevent the accumulation of flammable debris.
5. Update Insurance Policies: Ensure your homeowner’s insurance covers wildfire damage and includes enough coverage to rebuild if necessary.
Join Us in Rebuilding Los Angeles
The Palisades and Eaton Fires have tested the resilience of Los Angeles residents, but our community remains strong. At Scout Realty, we’re committed to helping affected families rebuild their lives and find new opportunities in the housing market. Whether you’re looking to sell, buy, or rebuild, our team is here to guide you every step of the way.
Contact Scout Realty today to explore your options and let us help you turn this challenging time into a new beginning. Together, we can build a safer, stronger future for Los Angeles.
Reach out to Scout Realty now and let us help you navigate your next move with confidence.