Evacuees still fight for housing as recovery efforts find their way in LA

As homeowners figure out what to do next, the city continues to search for some semblance of organization in the recovery. Agents are caught in-between trying to do the best they can to help their clients — sometimes while homeless themselves. Continue reading

Pasadena ADU program offers second shot at affordable housing

To qualify, applicants must have owned and occupied the main property for at least five years, maintain a credit score above 650 and have a debt-to-income ratio below 40 percent. Continue reading

DOGE cost-cutting exposes risk to cities with federal office space

Impact on certain markets may be “profound,” attorneys warn, as federal agencies look to cut the size of their real estate footprint by as much as 50 percent under the Trump administration. Continue reading

Vacant, foreign-owned homes draw criticism in LA post-wildfires

Wildfire victims and other residents are wondering what good vacant properties owned by individuals who live thousands of miles away serve while so many struggle to find temporary and permanent housing. 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

Mauricio Umansky on building a brand-centric brokerage culture

Whether you’re struggling to keep your existing brand fresh or trying to build a new brand that works, The Agency’s Mauricio Umansky offers insights from his own brand-building experience. Continue reading

After a strong year, luxury is poised for strategic shifts in 2025

In 2024, Manhattan was the top destination for buyers of properties priced at $10 million and up, according to a report from Compass. Reports from Sotheby’s and Christie’s Real Estate show big shifts across borders, generations and more in the year ahead. 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