The Montecito Debris Flow One Year Later: Housing Market Impact and Recovery
The Thomas Fire and subsequent debris flow on 9 January 2018 devastated portions of Montecito and surrounding communities. The debris flow killed 23 people and damaged or destroyed hundreds of homes and commercial properties. As of April 2018, insurance claims total $421.9 million, including 107 homes declared total losses (California Department of Insurance, 2018). Those […]