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

The time to prepare for a potential disaster is NOW

No one can predict exactly where the next major disaster may strike, so the time to prepare is now, trainer and author Bernice Ross writes. Continue reading

Low-risk homes appreciate as climate concerns shift the market

A recent Redfin analysis reveals that Americans are increasingly factoring natural disaster risk into their homebuying decisions, with homes in low-risk areas appreciating in value more quickly during the past year than those in high-risk areas. This m… Continue reading

State Farm exits California homeowners’ insurance market

Inflation, construction costs and intensifying wildfire seasons pushed State Farm to stop taking new homeowners’ insurance applications in California, the insurance giant announced Friday. Continue reading

New FEMA plan could make flood insurance more costly for some

Federal officials are reportedly exploring a new flood insurance reform plan that would rely more heavily on data, potentially offering homeowners more transparency about the risks they face while also driving up rates in some areas. Continue reading

New rule should make it easier for homeowners to get flood insurance

In a nutshell, it sets a minimum bar for private insurance policies; if the policies meet those requirements, lenders who require flood insurance will have to accept them. Continue reading

What your buyers need to know about natural disaster insurance

As Americans beging to rebuild from natural disaster, one thing has become clear, most homeowners didn’t have the proper insurance. Continue reading