Six months after California’s most devastating wildfire, a recovery is underway. Land is changing hands, developers are coming in, permits are being approved, homes are under construction. Yet, for many, the process is still moving slowly.
“This process is going to take time, money and patience,” said real estate agent Laura Alfano, who specializes in Malibu and the Pacific Palisades properties. “And that will lead to a combination of developers, investors and then families who have legacy wealth. And that’s what we’re seeing in terms of purchases. Not only smoke-damaged homes, but of the actual lots themselves.”…