Notice from County Tax Assessor Jeff Prang
We mailed about 17,000 notices of assessment change to property owners in the fire area. We have now started to receive many back as undeliverable – well over a thousand in Palisades
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Unpacking the Post-Fire Real Estate Landscape in Pacific Palisades
The real estate market in the Palisades has shifted dramatically, with a surge in vacant lot listings following the recent fires. While demand and pricing trends suggest a buyer’s market,
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Pacific Palisades Rising from the Ashes
For nearly a century, this community symbolized the American dream, blending small-town charm with urban accessibility. But a catastrophic wildfire has left it reeling, with half its homes and key
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Why Leases Continue to Dominate the Palisades Market and Risks in a Changing Market
The real estate market in Pacific Palisades has undergone significant changes, with home sales dropping by almost 20% and a sharp increase in leasing activity. This shift raises critical questions
Real Estate News
Risks in a Changing Market: Adapting Strategies for a Transforming Real Estate Landscape
Navigating the ever-evolving landscape of real estate demands astute observation and strategic planning, especially as indicators point toward an impending shift in the market. As we near the turn of
Real Estate News
New Wildfire Disclosure Report
In Pacific Palisades, a region classified as a Very High Fire Hazard Severity Zone, the threat of wildfires looms large. Residents are continually encouraged to take proactive measures to safeguard
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The Covid Years
The Palisades real estate market has defied expectations, with prices soaring despite higher interest rates and reduced loan-qualified buyers. Additionally, an intriguing shift has occurred, with a growing number of
Real Estate News
Back to Normal in 2023?
The real estate market in the Palisades has seen almost continuous increases in property values for the past 10 years, with prices increasing by nearly 1.5% per month over the
Real Estate News
How Will the New “Mansion Tax” Affect You?
Measure ULA recently passed in Los Angeles, resulting in an increased transfer tax for property sales over $5 million beginning April 1, 2023. It may be beneficial for property owners