What Fires Will Do to California's Housing Market
The Los Angeles fires are likely to exacerbate California's inventory and affordability crisis, bringing up demand at a time when supply has further shrunk.
Zillow predicts the hottest housing markets in US. Only one California metro makes the top 20
The most competitive markets this year share characteristics such as relative affordability and “supply that trails demand,” according to Zillow. Taking the top spot in the ranking is Buffalo, New York, followed by Indianapolis and Providence, Rhode Island.
California's Housing Market Isn't Moving—and the L.A. Wildfires Are Adding to a Growing Problem
California real estate has seen unprecedented losses because of the Los Angeles wildfires —but even before the fires, the Golden State's housing market had taken hit after hit. Homes are staying on the market an average 46 days in California in 2024, the same as in 2023, according to Realtor.com®.
California’s housing market is stuck. Here’s why
High mortgage rates continue to be a drag on home sales and home prices in California, according to the California Association of Realtors, which just released its final numbers for 2024. Data shows that sales of single-family homes increased by roughly 4% year-over-year,
Price Gouging Hits the Housing Market Amid California Wildfires
Newsweek found properties that jacked up their prices during the California wildfires raising concerns of potential price gouging.
How the LA Wildfires Will Affect the Housing Market
High winds and dry conditions have led to some of the most destructive fires in Los Angeles' history. A series of wildfires erupted on Jan. 7, 2025, and have since scorched over 57,000 acres and
Could Southern California wildfires impact AZ housing market?
Some experts predict Californians will migrate to Arizona, and that could impact the already competitive housing market in the state.
How Wildfires Upended California’s Insurance Market
With the fires in Los Angeles still burning, the cost of their destruction, beyond the lives lost, remains unknown, but is certain to total in the tens of billions of dollars.
Los Angeles wildfires exposed the failings of California’s leadership
And 2020’s fires were far less severe than the horrific ones we’ve recently witnessed in the Los Angeles area. We get wildfires nearly every year, which are constantly incinerating our climate goals.
California will spend $2.5 billion to help the Los Angeles area recover from wildfires
California will spend $2.5 billion to help the Los Angeles area recover from wildfires
California real estate mogul: 'Put politics aside and get Los Angeles rebuilt'
Real estate mogul Mauricio Umansky says California needs to work with the federal government to help Los Angeles rebuild.
Housing tracker: Before the fires, a December slowdown in the Southern California market
Prices are now 1.5% off their all-time high in July, but some economists say prospective home buyers and sellers shouldn’t ...
The Associated Press on MSN9d
California officials warn against price gouging as rents soar in fire-stricken Los Angeles
Tenant advocacy groups, landlord associations and elected officials are condemning rent gouging after tens of thousands of ...