Sonoma County Lots Up for Sale Following Raging Wildfires
The terrible wild fires that have swept though California has now caused a number of lots in Sonoma County to be put up for sale. A recent National Mortgage News report profiles a family who made the difficult choice.
"The choice was easy for Warren and Lori Luke," according to National Mortgage News.
"As their belongings accumulated from 37 years of marriage still smoldered inside the ruins of their Coffey Park home, the Santa Rosa couple decided they would not stick around to rebuild."
The family will instead be moving back to Oregon, according to the report. Naturally, after the dangers and heartaches that families have gone through after losing their homes, plenty of them have decided to sell the now vacant lots.
"At least two-dozen empty lots are now listed for sale in north Santa Rosa, concentrated in Coffey Park, Fountaingrove and Larkfield-Wikiup," according to the report.
"Prices vary widely, and are often a quarter of what they would have cost with a home still standing."
Rather than deal with the expense and stress of rebuilding a home, families are choosing to leave their homes behind. Experts in the real estate industry are estimating that there will be a rise in the amount of lots that are put up for sale over the news couple of weeks and months, according to the report.
For right now, the biggest hurdles for real estate agents is figuring out what kind of price tag these properties should have. To learn more about the impact of the California Wildfires on these communities, click on the image above.
