Tag Archives: Gavin Newsom

Why affordable waterfront homes are disappearing in California

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Contributor Lindsey Harn shares why mid-priced homes on the coast are vanishing, and opportunities to build new homes are slim. Continue reading →

Pulte pledges Fannie, Freddie’s help in curbing home purchases by institutional investors

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Trump’s promise to “ban” large institutional investors from buying more single-family homes renews the debate over whether such a move would be legal — or make much of a dent on affordability. Continue reading →

California passes bipartisan bills that overhaul environmental law to bolster building starts

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California Governor Gavin Newsom has signed the state’s 2025-2026 budget, which offers environmental review exemptions for critical housing and infrastructure projects. Leaders say the exemptions will improve affordability, while environmentalists say … Continue reading →

Developers are lining up to buy in on Altadena’s burned out lots

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A wave of “Altadena Not for Sale” signs dot the yards of fire-scarred properties as a plea to preserve the communities that have been lost in January’s Eaton fire. Behind the signs, a different reality is unfolding — Altadena is for sale, and develope… Continue reading →

Trump orders boost in US timber production, foreign lumber probe

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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

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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

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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

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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

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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

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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 →