Los Angeles – Page 2 – Cantilever Real Estate

Los Angeles suspends new Section 8 applications, approvals amid federal uncertainty

March 13, 2025 by bp56691

The organization explained that it made the move because it does not expect Congress to appropriate enough federal funding to continue support for the program this year.

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.

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.

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

February 8, 2025 by bp56691

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.

U.S. home-price growth softens, but the LA wildfires hinder a broader market recovery

February 3, 2025 by bp56691

Last year saw the softest home-price growth in more than 10 years, according to an analysis by ICE Mortgage Technology. Despite that and other positives, the LA wildfires are still making an impact on the housing market at the local and national levels.

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.

Treasury outlines rising cost of homeowners insurance

January 20, 2025 by bp56691

Homeowners in areas with the highest risk of perils paid 82% more for homeowners insurance than those in ZIP codes with the lowest risks.

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.

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.

LA mayor issues order to expedite home construction amid wildfires

January 15, 2025 by bp56691

Los Angeles Mayor Karen Bass issued an executive order late on Monday that aims to speed up the rebuilding process in areas destroyed by the wildfires that have burned thousands of homes in Southern California. The order directs city agencies to expedite the building permitting process in affected areas by having discretionary review procedures waived, with a goal of getting permit approvals within 30 days.