Albuquerque Journal (Albuquerque, NM)

Housing Report Looks At Fire.

Byline: Wren Propp Journal Staff Writer

Los Alamos Sales Have Been Stagnant

Most Los Alamos homeowners who lost their houses in the Cerro Grande Fire did not leap to buy up available housing after the devastating May fire, but those who did paid higher prices, according to a study released Monday.

The economic study, by PricewaterhouseCoopers LLP for the Federal Emergency Management Agency, said Los Alamos property sales were dropping before the fire for a number of reasons, including hiring freezes at Los Alamos National Laboratory.

"Any impact on market values attributable to the fire was limited to neighborhoods that had actual physical damage," the study says. …

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