What Fires Will Do to California's Housing Market
The Los Angeles fires are likely to exacerbate California's inventory and affordability crisis, bringing up demand at a time when supply has further shrunk.
Seattle Daily Journal of Commerce7h
Home sales in 2024 fell to lowest level in nearly 30 years as prices, and mortgages, soar
U.S. homes fell in 2024 to a nearly 30-year low for the second time in as many years as elevated mortgage rates, rising home prices and few properties on the market freeze prospective homebuyers out of the market.
ConsumerAffairs13d
California Realtors express hope that the insurance crisis will be addressed
Even before the Santa Ana winds turned the Los Angeles wildfires into a raging inferno, the entire area was struggling with an insurance crisis. Because a
California REALTORS® to donate $600,000 to two wildfire disaster relief funds
REALTORS® in California and across the nation have launched a massive, industrywide fundraising effort to support those impacted by the Southern California wildfires.
L.A. Realtors to the Rescue: “I’m a Public Servant Now”
The city’s A-list brokers are ignoring old rivalries and working round the clock to house the city’s displaced elite.
Iola Register2d
Home sales fall to lowest level in nearly 30 years
Sales of previously occupied U.S. homes fell in 2024 to a nearly 30-year low for the second time in as many years as elevated mortgage rates. LOS ANGELES (AP) — Sales of previously occupied U.S. homes
California REALTORS® Back Actions By Gov. Newsom And California Legislature That Deliver Relief To Homeowners Affected By Wildfires
The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) issued the following statement in response to legislation signed by Gov. Gavin Newsom in a special session yesterday to provide over $2.5 billion for the Los Angeles area to bolster ongoing response efforts and jumpstart recovery and rebuilding.
US home sales in 2024 fell to the lowest level in nearly years as prices, and mortgages, soar
LOS ANGELES (AP) — Sales of previously occupied U.S. homes fell in 2024 to a nearly 30-year low for the second time in as many years as elevated mortgage rates, rising home prices and few properties on the market freeze prospective homebuyers out of the market.
LA fires likely mean wave of renters and homebuyers headed to metro Phoenix
Our phones are blowing up from LA residents looking for rentals,” said agent Scott Grigg of Griggs's Group Powered by The Altman Brothers.
The Real Deal5d
Umansky, Haber’s American Real Estate Association picks up NYRAC
The upstart trade group designed to rival the National Association of Realtors has locked in a local chapter in New York in its bid for expansion. The New York Residential Agent Continuum ...
What Will It Take for Home Buyers to Start Asking for a Disaster Discount?
The real costs of owning a house in neighborhoods that are vulnerable to flooding and wildfires are becoming clearer.
Only 28% of Americans who planned to buy a home in 2024 actually did—young buyers feel ‘trapped between a rock and a hard place'
Rising home costs have stretched many homebuyers’ budgets, making it harder for them to compete with wealthy buyers when bidding on a home.