Fire Prompting Explosion In Home Prices

The loss of some 14-thousand homes in Butte County created a scramble for housing. And one of the ripple effects is that home prices are skyrocketing. The average sale price for a single family home in Chico at this time last year was 341-thousand dollars. This year, it’s 100-thousand dollars more. This seller’s market means people are doing whatever it takes to win bidding wars, including writing poignant narratives of loss and turmoil. NSPR’s Christal Smith spoke with a very motivated buyer who lost her custom, forever home in Paradise.