Hi everyone,
We were planning on buying a home in the $600-700k range in Anaheim hills or Yorba Linda area. However, with the recent fires, I'm not sure if it is a wise investment in terms of holding its value and appreciating later on. Do wildfires tremendously affect home values?
We were thinking that we might be able to get a good deal with the fires but I do worry about long term effects. I remember the 2008 fire in Yorba Linda did not have a tremendous impact on prices.
Curious to see what you guys think.
Thanks
We were planning on buying a home in the $600-700k range in Anaheim hills or Yorba Linda area. However, with the recent fires, I'm not sure if it is a wise investment in terms of holding its value and appreciating later on. Do wildfires tremendously affect home values?
We were thinking that we might be able to get a good deal with the fires but I do worry about long term effects. I remember the 2008 fire in Yorba Linda did not have a tremendous impact on prices.
Curious to see what you guys think.
Thanks