Developers are lining up to buy in on Altadena's burned out lots
Altadena is for sale, and developers are lining up to buy in. So far, around 145 properties have been sold, 100 are currently listed and dozens are in escrow, the 'Los Angeles Times' reports
by Richelle Hammiel Jun 9
KB Home to build first wildfire-resistant community in SoCal
KB Home, one of the largest US homebuilders, is breaking new ground with Southern California's first wildfire-resilient new-home community, the company announced Thursday
by Richelle Hammiel Mar 28
Gitcha launches services in California to assist fire-affected
'While we can’t create more housing, we can help those affected share their needs and connect with their community for support': Gitcha CEO
by Craig C. Rowe Feb 24
Trump signs water order in California, seeks to add conditions
The president signed an executive order instructing the US Bureau of Reclamation to direct more water through the Central Valley Project and potentially withhold aid if the state didn't comply
by Lillian Dickerson Jan 28
Most wildfire victims won't return to Palisades, Josh Altman says
Former 'Million Dollar Listing' real estate agent Josh Altman predicts that nearly 70% of Pacific Palisades residents won't return to rebuild following the devastating Los Angeles wildfires
by Richelle Hammiel Jan 27
Spencer Pratt and Heidi Montag sue LA over fires, water shortage
The reality TV stars are suing the city for its failure 'to properly construct, inspect, maintain and operate its water supply system,' which, they allege, led to the loss of their home in the wildfire
by Lillian Dickerson Jan 24
LA agent charged with rental price gouging as fires continue
Mike Kobeissi said district attorneys had got their facts bungled and that the landlord had rented out the property at a reduced rate once it became known the renters were wildfire victims
by Lillian Dickerson Jan 23
California governor warns off 'predatory' investors amid wildfires
Gavin Newsom issued an executive order to stop speculators from making unsolicited, undervalued offers to homeowners. Violators face a $1K fine, up to 6 months in jail
by Marian McPherson Jan 15
LA agents implore government to pause ULA Tax in wake of wildfires
Authored by Jason Oppenheim and Ben Belack, the letter, signed by 45 agents, also asks officials to increase wildfire insurance coverage, make an exception for codes and pause property taxes
by Lillian Dickerson Jan 13
Agents scramble to find housing for those displaced by LA wildfires
As wildfires burned through LA County over the past 3 days, thousands were suddenly in need of temporary housing. The surge in demand is poised to create a spike in rental prices, agents say
LA communities face devastation amid slew of historic wildfires
LA agents told Inman they were checking in on clients and keeping an eye on evacuation orders while lamenting the 'catastrophic' toll the wildfires were taking on the community and market
Floridians grapple with insurance changes as hurricane season nears
70% of Florida homeowners or the area in which they live have been impacted by changes to cost or coverage of home insurance in the last year, according to a report issued Wednesday by Redfin
by Lillian Dickerson Apr 17
New fire-resistant California homes may offer a model for rest of US
Supposedly fire-resistant homes newly constructed in Calaveras County are being built with magnesium sourced from Canada
by Ben Verde Oct 5
Investors who fund most home loans get new climate risk tool
ICE teams up with DeltaTerra Capital to translate physical climate risk estimates into financial risk assessments factoring in default risk, asset price depreciation and insurance costs
by Matt Carter Sep 19
Real estate heroes come to rescue after suffering losses in Maui fires
Fires that roared through western Maui last week have destroyed thousands of homes and killed scores of people. The real estate community is trying to help pick up the pieces
by Jim Dalrymple II Aug 15