According to Mansion Global, land parcels in areas such as Pacific Palisades and Altadena are trading at lower prices than before the fires, despite limited overall supply. Some owners remain hesitant to sell, while buyers factor in construction costs, permitting timelines, and insurance availability when evaluating land purchases. For the complete article: https://www.mansionglobal.com/articles/a-year-since-l-a-wildfires-burned-out-lots-are-selling-for-half-their-pre-blaze-values-d6d88273
