Barron and Tessa Hilton join Compass
The couple, known for representing high-end properties and clients across Los Angeles, said the move will allow them to scale nationally.
Los Angeles
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Homeowners cashing in with ‘Airbnb for anything’ rentals
Homeowners are turning underused private spaces into sources of income — renting out pools, backyards, and home gyms by the hour.
Sun Belt leads sales volume but posts nation’s lowest absorption rate
Housing market efficiency varies dramatically by region with Sun Belt showing lowest absorption rate despite highest sales volume.
Los Angeles ‘mansion tax’ fuels record affordable housing funding
Most of the money — $316 million — comes from Measure ULA, a transfer tax on property sales above $5 million that voters approved in 2022.
California wildfire rebuilding bill paused until 2026
The move comes after social media outcry centered on erroneous claims that the bill would force low-income housing into Pacific Palisades.
Californians report unraveling mortgage relief after the fires
Amid foreclosure and balloon payment chaos, July 7 officially marked the end of the FHA moratorium on foreclosures and evictions
‘Insufficient funds’ delay State Farm wildfire check for nearly $900K
The California Department of Insurance has opened an investigation into the case amid broader concerns about the insurer’s claims handling.
New California wildfire homeowner assistance program includes reverse mortgages
A disaster recovery program in California includes help for forward and reverse mortgage borrowers, drawing praise from reverse professionals.
Study suggests banks are avoiding mortgages in California wildfire zones
The study is awaiting peer review, but it suggests fintech lenders could be taking market share from traditional lenders in riskier areas.
Los Angeles County event will assist reverse mortgage borrowers with wildfire recovery
Impacted reverse mortgage borrowers in Los Angeles County can find assistance and resources at the event in Altadena.