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.
California's Housing Market Isn't Moving—and the L.A. Wildfires Are Adding to a Growing Problem
California real estate has seen unprecedented losses because of the Los Angeles wildfires —but even before the fires, the Golden State's housing market had taken hit after hit. Homes are staying on the market an average 46 days in California in 2024, the same as in 2023, according to Realtor.com®.
Zillow predicts the hottest housing markets in US. Only one California metro makes the top 20
The most competitive markets this year share characteristics such as relative affordability and “supply that trails demand,” according to Zillow. Taking the top spot in the ranking is Buffalo, New York, followed by Indianapolis and Providence, Rhode Island.
Price Gouging Hits the Housing Market Amid California Wildfires
Newsweek found properties that jacked up their prices during the California wildfires raising concerns of potential price gouging.
How price controls destroyed California’s housing insurance market
California lawmakers thought it was sensible to pass an economic policy that has been failing for more than 4,000 years.
Could Southern California wildfires impact AZ housing market?
Some experts predict Californians will migrate to Arizona, and that could impact the already competitive housing market in the state.
Los Angeles wildfires exposed the failings of California’s leadership
And 2020’s fires were far less severe than the horrific ones we’ve recently witnessed in the Los Angeles area. We get wildfires nearly every year, which are constantly incinerating our climate goals.
California real estate mogul: 'Put politics aside and get Los Angeles rebuilt'
Real estate mogul Mauricio Umansky says California needs to work with the federal government to help Los Angeles rebuild.
California will spend $2.5 billion to help the Los Angeles area recover from wildfires
California will spend $2.5 billion to help the Los Angeles area recover from wildfires
Housing tracker: Before the fires, a December slowdown in the Southern California market
The Southern California housing market downshifted last month. The average home price in the six-county region fell 0.2% from ...
KTLA7d
California’s housing market is stuck. Here’s why
“I think the macro (issues) are going to have an impact on the regional housing market.” In terms of prices, the median single-family home in California was $861,020 in December, only $9,000 ...
Morningstar10d
California housing market closes the year strong despite challenges, C.A.R. reports
"While the housing market is expected to improve further ... level could inch up further in the first quarter. Southern California, on the other hand, could experience some adverse effects on ...
Some price-gouging rules could be keeping high-end homes off L.A.’s rental market
A law barring monthly rents of more than $10,000 for new listings is stopping high-end homes from going on the market, real ...
FAIR Plan coverage caps at $3 million: Here's why experts are worried about Bay Area housing market
"There's no question there's going to be a lot of people impacted by this fire and their insurance falls short," said Amy ...