Trump orders boost in US timber production, foreign lumber probe

President Donald Trump on Saturday signed an order aimed at increasing U.S. timber production and launched an investigation into the risks that foreign lumber imports pose to national security. 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

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

California governor warns off ‘predatory’ investors amid wildfires

California Governor Gavin Newsom is stepping in to protect homeowners affected by the Palisades, Eaton, Hurst, Lidia, Sunset, and Woodley wildfires from unsolicited land offers. Newsom issued Executive Order N-7-25, which prohibits speculators from mak… 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

Amid pandemic, auctions surge among luxury owners eager to sell

As coronavirus has canceled open houses and caused most real estate work to be put on hold, auctions houses are seeing an increase in interest from luxury sellers. Continue reading

Major banks agree to mortgage grace period in California

Gov. Gavin Newsom announced Wednesday that Wells Fargo, Citibank, JP Morgan and U.S. Bank would give homeowners a 90-day grace period. Continue reading

Major banks agree to mortgage grace period in California

Gov. Gavin Newsom announced Wednesday that Wells Fargo, Citibank, JP Morgan and U.S. Bank would give homeowners a 90-day grace period. Continue reading

California governor stops evictions amid coronavirus outbreak

Gov. Gavin Newsom’s order is meant to be a lifeline to people whose wages are shrinking as the coronavirus tanks the economy and forces people into isolation. Continue reading

NAR cancels conferences as coronavirus chaos continues

The trade organization will no longer hold events this month in San Diego and Los Angeles. The cancellations come as the death toll rises and as financial markets continue to sputter. Continue reading