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

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

Former HUD Secretary: We need big ideas on affordable housing

At her first ICNY appearance, former HUD Acting Secretary Adrienne Todman talked about missed opportunities to improve inventory and why it’s will — not funds — keeping the U.S. from solving the affordable housing crisis. Continue reading