Fourteen months after California’s Palisades wildfires destroyed nearly 5,900 homes, the first fully rebuilt residence has come to market, offering the clearest pricing test yet for post-fire demand. The newly built contemporary home — listed at just under $7.5 million — comes after the original was just one month from completion when it was destroyed. […]
First fully rebuilt Palisades home testing post-fire demand Read More »
President Donald Trump on Tuesday announced an executive order that allows the federal government to override state and local regulations during recovery efforts from last year’s Los Angeles wildfires, arguing that California authorities have slowed rebuilding. The order directs federal agencies to bypass state and local permitting processes for federally funded disaster recovery projects, asserting
Trump executive order overrides Los Angeles wildfire rebuilding plan Read More »
The Resident Group, a Los Angeles-based, Side-backed real estate team, is welcoming Kevin Stewart to the team from The Agency. The team announced Stewart’s move on Monday. Stewart closed 15 transaction sides in 2024 for a total sales volume of $31.76 million, according to RealTrends Verified data. He is joining the team as a Resident
Kevin Stewart joins The Resident Group as partner Read More »
Fewer Americans are packing up and relocating, and when they do move, they are likely to stay within their current region, according to a new analysis published by Bank of America. The findings suggest that the era of a dramatic nationwide migration has faded, replaced by a quieter trend of households trading one nearby city
Americans are moving less frequently — and staying closer to home Read More »
New Venture Escrow has opened a new office in Los Angeles, expanding its operations into one of the nation’s largest real estate markets. The independent escrow company said the new location will be staffed by escrow officers Marcine Kline and Carmen Alvarado — two longtime professionals in the Los Angeles area. The duo brings decades
New Venture Escrow expands into Los Angeles Read More »
Roughly a year after destructive wildfires tore through parts of Los Angeles, rebuilding in some of the hardest-hit neighborhoods remains slow, hampered by insurance delays, regulatory bottlenecks and rising construction costs. Most of the damage stemmed from the two largest blazes, the Eaton Fire in Altadena and the Palisades Fire in Pacific Palisades, both of
Insurance hurdles, red tape slow Los Angeles wildfire recovery Read More »
A new HousingWire Data deep-dive confirms widening affordability gaps and rising inventory in previously constrained markets — as well as strong regional patterns that favor the South for balance and the Midwest for price relief. Pittsburgh continues to stand out as the nation’s most affordable major metro, with a median list price of $240,000. Its
Pittsburgh leads affordability, Austin inventory surges Read More »
Equity Union Real Estate announced Thursday that Dennis and Yana Chernov, along with The Chernov Team, have joined the Los Angeles-based brokerage. The Chernov Team — known for its work in luxury real estate — specializes in new construction and residential sales, including traditional homes and condominiums. The group ranked No. 13 nationally by RealTrends
Top California team joins Equity Union Real Estate Read More »
The Los Angeles metro housing market remains tight, but prices show early signs of softening as new listings come in below current medians. HW Data shows about 1,437 single-family homes sold last week, underscoring steady demand even as affordability remains a challenge. The Market Action Index registered 41.5 last week, signaling firm competition among buyers.
Los Angeles home prices level off as new listings trend lower Read More »
Compass announced that Barron Hilton and Tessa Hilton have joined the brokerage — rebranding their California luxury real estate business under the Compass banner in Beverly Hills and expanding into Palm Beach. The couple, known for representing high-end properties and clients across Los Angeles and beyond, said the move will allow them to scale their
Barron and Tessa Hilton join Compass Read More »