Real Estate
LA Encino Home Asking $40 Million Shows Market Shift After Fires
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The wildfires that destroyed thousands of homes in Los Angeles last month are spurring a rush of demand for luxury properties available now.
Case in point: A $40 million listing in Encino, a neighborhood close to the site of the Palisades Fire, which destroyed more than 5,000 houses. That’s a record asking price for Encino.