Yesterday, the Mayor announced that as of today, Friday, March 7, the water supplied to Palisades homes is safe to drink.
Please note, it will be important to run every faucet/tap in your home for 10 minutes each prior to consuming any water.
Homeowners can also expect to see a $50 credit on an upcoming bill to offset the running of the faucets.
Please be sure to monitor the faucets while they run so you do not forget to turn them off.
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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, certain lots have sold above listing due to unique factors. With inventory levels at a 29-month supply and price reductions already occurring, a clearer picture of the market is emerging. Understanding these dynamics is crucial for both buyers and sellers navigating this evolving landscape.
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 landmarks destroyed. As residents face displacement and deep loss, the rebuilding process presents an opportunity to reshape its future—balancing tradition, sustainability, and inclusivity. Will it retain its cherished character or evolve into something unrecognizable? The path forward will test the community’s resilience and unity.
Conventional belief has generally been that November-December is the worst time of the year to have a home on the market. The reasons for this thinking are that people go on vacation, holidays distract attention, bad weather may inhibit some buyers, and many real estate agents discourage home sellers from winter listings.
