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Real Estate Market News

Real Estate News

Essential Guidance for Homeowners Rebuilding in the 2025 Fire Zone

As our community continues navigating the aftermath of the January 2025 wildfire, homeowners are facing a wide range of challenges — from navigating new laws like AB 851 and dealing with insurance and ALE stress, to managing construction issues such as termites, debris, view protections, and defensible-space requirements. We highlight several lesser-known tips, resources, and reminders to help you rebuild with more confidence, plan realistically, and make informed decisions as recovery continues.

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re Lot Values Finally Stabilizing in the Palisades?
Real Estate News

After the Fire: Are Lot Values Finally Stabilizing in the Palisades?

Ten months after the wildfire, the question on everyone’s mind is: are lot values finally stabilizing? While many neighbors are still facing emotional and financial challenges, buyer confidence is slowly returning and prices are starting to firm up. Though rebuilding remains slow due to insurance issues, high construction costs, and lingering uncertainty, renewed interest from local families and investors alike signals hope on the horizon.

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18307 Clifftop
Real Estate News

Why Aren’t More Sites Being Built and Lots Selling in the Palisades?

Permitting delays, insurance gridlock, and the emotional toll on displaced families have slowed progress, leaving thousands still in limbo after the wildfire that destroyed more than 5,400 homes. While the real estate market shows signs of balance with steady demand, deeper challenges—including prolonged legal battles and investor buyouts—continue to reshape the community’s recovery and its future.

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Guide to Selling a Home

1169 Wellesley interior home staged
Preparing a Home for Sale

How To Prepare A Home For Sale

My experience has shown that a home will sell sooner and for more money if it is properly prepared. And most homes do not require remodeling or paying $20,000 to have professional “staging.”

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This is a photo of 2 cats sitting on a table looking outside at the rain, sorry they can't go out. It is meant to illustrate the article about new tax rules which have a negative effect on the current housing market.
Seller Myths & Mistakes

Bloopers During Open Houses And Showings

Real estate agents have a variety of stories to tell about property showings and open houses. Some of the situations and incidents are so odd they are almost comical, while others have caused concern.

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Guide to Buying a Home

Buying a Home

What Does “Average Price” Mean? Decoding Home Price Trends

Home price trends can be confusing due to conflicting reports. Different average calculation methods, such as mean average, median price, and price per square foot, provide varying insights. Each approach has limitations, emphasizing the need to consider multiple factors when estimating a home’s value.

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Senior Lifestyle Options

Senior

Reverse Mortgages: Pros, Cons, and Alternatives

Reverse mortgages offer homeowners aged 62 and older a way to access their home equity, providing financial relief without having to leave their property. While these Home Equity Conversion Mortgages (HECM) can eliminate monthly mortgage payments, consolidate debt, fund home improvements, and supplement retirement income, they come with high costs, foreclosure risks, and potential impacts on government benefits.

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Senior

Thoughts for Potential Elder Caregivers

It is estimated that 50% of U.S. households are multi-generational, with people caring for either grandchildren or grandparents. If these are not issues in your family at present, it may be useful to keep a copy of these questions for future reference.

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