Wildfires Pose Risk to More Than 740,000 Western U.S. Homes, Says CoreLogic Report

According to CoreLogic's newly released Wildfire Hazard Risk Report, more than 740,000 residences across 13 states in the western U.S. currently at high or very high risk for wildfire damage.

These homes represent a combined total property value estimated at more than $136 billion, and approximately 168,000 of these homes fall into the Very High Risk category alone, with a projected aggregated value of more than $32 billion.

"Over the last two decades, wildfire has been responsible for billions of dollars of property damage. Wildfires dominated news headlines in 2011, and again this summer, they have been responsible for record-setting property destruction across a swath of states spanning the West, from Colorado to Idaho to Washington," said Dr. Howard Botts, vice president and director of database development for CoreLogic Spatial Solutions.