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The Palisades and Eaton fires destroyed or damaged more than 8,500 homes in an already tight housing market. Experts said the disaster will probably put upward pressure on rents in areas close to the fires, with more muted effects over time.
Tenant advocates — and even some landlord groups — are calling for authorities to crack down on rent gouging in the wake of devastating fires. Some property owners, however, appear unfazed.
High winds and low humidity are expected to continue through the weekend until Wednesday — but Thursday could bring a possible respite.
With thousands of people displaced from their homes, the real estate markets around Pacific Palisades and Altadena are raging, with rentals and homes attracting multiple offers.
As fire engulfed Pacific Palisades on Tuesday, residents along the coast found different ways to escape.
Thousands of Pacific Palisades residents were urged to evacuate Thursday as a fire exploded amid intense winds.
For a year and a half, the activist group No Canyon Hills has protested a 300-acre development coming to the Verdugo Mountains. Now the developer is suing.
As rents rise, tenants are banding together on social media and shaming landlords and real estate agents for asking too much for listings.
Citing public safety and Biden’s approach to the Israel-Palestinian situation, many in the Jewish neighborhood of Pico-Robertson voted for Trump in the 2024 presidential election.
There’s still gold in them thar hills. As the price of the precious metal climbs to record highs, prospectors are buying up claims in the Mojave Desert to seek their fortune. But it’s the real estate agents who have the sure bet.
