KB Home to build first wildfire-resistant community in SoCal

KB Home, one of the largest U.S. homebuilders, is breaking new ground with Southern California’s first wildfire-resilient new-home community, the company announced Thursday. The community is a game changer for homebuyers seeking safety in fire-prone ar… Continue reading

State Farm seeks double-digit rate hike in California in wake of LA fires

The insurer asked the California Department of Insurance to raise rates by an average of 22 percent “to help avert a dire situation” as the company pays thousands of claims related to the fires. Continue reading

2nd LA real estate agent charged with price gouging

Lar Sevan Chouljian of Team Rock Properties in Glendale allegedly offered a family who evacuated the Eaton Fire a rental whose asking price exceeded its original price by more than 50 percent. Chouljian has denied the accusation. Continue reading

2nd LA real estate agent charged with price gouging

Lar Sevan Chouljian of Team Rock Properties in Glendale allegedly offered a family who evacuated the Eaton Fire a rental whose asking price exceeded its original price by more than 50 percent. Chouljian has denied the accusation. Continue reading

Trump signs water order in California, seeks to add conditions

The president signed an executive order instructing the U.S. Bureau of Reclamation to direct more water through the Central Valley Project and potentially withhold federal aid if the state didn’t comply. Continue reading

Most wildfire victims won’t return to Palisades, Josh Altman says

Former “Million Dollar Listing” real estate agent Josh Altman predicts that nearly 70 percent of Pacific Palisades residents won’t return to rebuild following the devastating Los Angeles wildfires. Continue reading

Spencer Pratt and Heidi Montag sue LA over fires, water shortage

The reality TV stars along with 21 others 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 Palisades fire. Continue reading

LA agent charged with rental price gouging as fires continue

Mike Kobeissi, president and broker of Kobeissi Properties, told Inman that the state’s district attorneys had got their facts bungled and that the property in question had been rented out to the couple at a reduced rate once it became known they were … Continue reading

‘This feeling is devastating:’ Celebs who lost their homes in LA wildfires

Dozens of high-profile celebrities have lost their homes in the Los Angeles wildfires since last week, including Mandy Moore, Anthony Hopkins, John Goodman, Julia Louis-Dreyfus and more. Continue reading

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 government officials to increase California FAIR Plan wildfire insurance coverage, make an exception for building codes, pause property taxes and more. Continue reading