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California

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This real estate pro is taking an ‘enlightened’ approach to diversify revenue streams

February 24, 2025 by bp56691
When confronted with the possibility of a market shutdown and a prolonged “rent holiday” in California at the onset of the COVID-19 pandemic, Scott Brady began looking for ways to further diversify his business model.
Categories Agent, California, HOA, HWmember, NAR Lawsuit Settlement, Property Management, Real Estate

Trump’s special envoy says California wildfire aid will come with conditions

February 21, 2025 by bp56691
Richard Grenell, the special envoy to President Donald Trump, said there will be strings attached to California wildfire aid, Politico reported on Friday.
Categories California, Donald Trump, Housing Market, HWmember, Los Angeles, Politics, Trump Administration, Wildfire

California insurance commissioner rejects State Farm’s request for 22% rate increase

February 18, 2025 by bp56691
On Friday, California insurance commissioner Ricardo Lara rejected State Farm’s request for “emergency” rate increases, going against the recommendation of his staff experts.
Categories California, Homeowners insurance, Housing Market, HWmember, Los Angeles, Regulatory, Wildfire

John Burns: The ‘California exodus’ storyline is coming to an end

February 8, 2025 by bp56691
John Burns: The ‘California exodus’ storyline is coming to an end
Despite rising home prices and stiff competition, a new report from John Burns Research & Consulting (JBREC) says it’s time to close the curtain on the “California exodus” narrative.
Categories California, Housing Market, Housing Market Data, HWmember, John Burns Real Estate Consulting, Los Angeles

Longbridge, Mutual of Omaha granted delay in reverse mortgage marketing lawsuit

February 6, 2025 by bp56691
The lawsuit and countersuit alleging deceptive reverse mortgage marketing practices has seen key deadlines pushed to the end of March and mid-April, respectively.
Categories California, HWmember, Lawsuit, Legal, Longbridge Financial, Mutual of Omaha Mortgage, Reverse

Here’s another estimate of the financial losses from the LA wildfires

January 30, 2025 by bp56691
Real estate technology company Homes.com analyzed the Pacific Palisades and Altadena neighborhoods in order to quantify the number of homes destroyed and measure the financial repercussions of the wildfires.
Categories California, CoStar Group, Homes.com, HWmember, Los Angeles, Real Estate, Wildfire

Art Carter, CRMLS ‘stand firmly’ in support of Clear Cooperation

January 22, 2025 by bp56691
As the debate surrounding the National Association of Realtors’ (NAR) Clear Cooperation Policy (CCP) rages on, California Regional MLS (CRMLS) CEO Art Carter chose to voice his stance on the issue in a nine-page op-ed posted on LinkedIn this week.
Categories California, HWmember, MLS, national association of realtors, Real Estate, Real Estate Listings

Education and problem solving are keys to reverse for purchase business, agents say

January 21, 2025 by bp56691
Two real estate agents explain some of their thoughts on the HECM for Purchase program and the success they’ve seen with it.
Categories California, Century 21, HECM, HWmember, Idaho, Oregon, Real Estate Agents, Reverse

All the ways the wildfires could make LA housing more expensive

January 19, 2025 by bp56691
Residents looking to rebuild or find new housing will face numerous headwinds that could drive up housing costs in LA.
Categories California, Housing Market, HWmember, Los Angeles, Wildfire

Reverse mortgage servicing safeguard might help LA borrowers

January 17, 2025 by bp56691
A 2023 safeguard introduced in reverse mortgage servicing software could help borrowers in Los Angeles avoid foreclosure.
Categories California, Colorado, FHA, HUD, HWmember, Los Angeles, Mortgage Servicing, Reverse, Reverse Market Insight, Wildfire
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