Following the devastating Eaton fire in Altadena, which destroyed many homes and affected numerous Black families, residents have responded by declaring their commitment to their neighborhood. While some properties have already gone up for sale, drawing significant buyer interest, residents fear these sales may lead to gentrification. The local real estate climate remains tense, with agents noting high demand for available lots while emphasizing the need for community members to avoid panic selling and ensure homes are rebuilt responsibly.
The Eaton fire tore through Altadena, prompting residents to assert their commitment to their historically Black neighborhood amid rising concerns about potential gentrification.
Real estate agents report a surge in interest from prospective buyers, with at least one burned property going under contract for significantly more than the asking price.
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