The 2025 Palisades wildfire crushed property values for mobile homes. One home sold for $2.35 million after the fire versus $228,000 before it. The speakers use California HCD registration data and appraisal reports to show the dramatic collapse in the manufactured housing market.
Are you in the deal room?
Different. Okay, so look, you do got one for $2,350,000, but this is a— when are these? These are— when did the park burn down?
Must have been last year when the Palisades fire was.
Yeah, it was 20— that was 2025. So that one sold before the fire for $228,000.
Yeah, the 2-year. So the mobile homes, they do data for the appraisers of a 2-year report. So this is the same list that the appraiser would pull if they were going to do a loan own on a manufactured home. And all these are registered through the state of California through HCD. And so this is what happened prior to the fire, and right prior to the fire, because this is 2024 and then 2025. Yeah, so this, that, this was prior to the fire. So you did, you had similar numbers
