2019 CoreLogic Wildfire Risk Report Highlights U.S. Wildfire Vulnerability, Finding Nearly 776,000 Homes at Extreme Risk of Wildfire Damage This Year

CoreLogic (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its 2019 Wildfire Risk Report, which finds nearly 776,000 homes with an associated reconstruction cost value of more than $221 billion at extreme risk of wildfire damage.

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Top 15 Metropolitan Areas for Wildfire Risk Ranked by Reconstruction Cost; CoreLogic 2019

California metropolitan areas comprise a significant portion of the top 15 regions with the most homes at risk, with the Los Angeles, Riverside and San Diego metropolitan areas ranking as the top three high-risk areas, respectively. These regions are home to more than 42% of residences at high-to-extreme wildfire risk in the top 15 metropolitans and also claim more than 51% of the total reconstruction cost value in this group.

“It’s no surprise that California tops the list of the most homes at high- to-extreme wildfire risk, given the state’s size and population density, as well as the popularity of residential expansion into the wildland urban interface,” said Tom Jeffery, senior hazard scientist at CoreLogic. “The high density of homes located in wildfire-susceptible areas only increases the threat of future catastrophic events and the possibility of billion-dollar losses.”

The CoreLogic Wildfire Risk report analyzes homes currently at risk of wildfire damage in the western United States, including Arizona, California, Colorado, Idaho, Montana, New Mexico, Nevada, Oklahoma, Oregon, Texas, Utah, Washington and Wyoming. The report also provides a breakdown of the significant wildfire events of 2017 and 2018.

The report found 2018 was another record-breaking year for the country, with 8,767,492 acres burned—a size roughly equivalent to 74 of the 75 largest cities in the United States combined. This is the sixth-highest total since modern historical records began in the mid-1900s. California, Nevada and Oregon topped the list for most acreage burned in 2018, with a combined total of 3.72 million acres burned in the three states. In California, 2017 and 2018 caused more wildfire-related property damage than the state has experienced in any two consecutive years of its history.