Regional
2:06 pm
Mon November 4, 2013

Report: Thousands Of ABQ Homes Facing Wildfire Risk

Thousands of homes in the Albuquerque area face a very high risk of destruction by wildfires.

That's according to an Irvine, Calif., company that analyzes real-estate trends.

The Albuquerque Journal reports that CoreLogic's findings indicate that 1,100 homes in the metro area valued at nearly $140 million are at high risk of destruction by wildfires.

That number grows to 10,800 homes valued at more than $1.2 billion when the risk range includes both high risk and very high risk.

Factors cited for the wildfire risk include dry weather, forest conditions and encroachment of homes into areas where wildfires are likely to occur.

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