Demand for Newport Beach Housing Surges Due to Unprecedented Los Angeles Wild Fires
Posted by Jacqueline Thompson on
BY PARIMAL ROHIT, Orange County Business Journal
Newport Beach CA January 27th, 2025 - Coastal Orange County has become a refuge for families seeking to flee the fires raging across Los Angeles County, with evacuees looking to rent or buy houses in Newport Beach and nearby beach communities.
More than 16,000 structures have been destroyed from a series of fast-moving wildfires that started Jan. 7 in Pacific Palisades, Altadena and Hollywood.
Those living in Pacific Palisades and Malibu were, according to local agents and realtors, attracted to Newport Beach because it offers those who lost homes in Western Los Angeles County as close a replacement as possible to their high-end residences near the coast.
Several local agents and realtors…
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