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Wildfire

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California MBA backs $100M fund in governor’s budget proposal for wildfire rebuilding

May 22, 2026 by bp56691
The proposed funding is designed to expand access to construction financing for homeowners affected by last year’s Southern California wildfires by helping to bridge the gap between insurance payouts and actual rebuilding costs.
Categories California, Construction loan, Forbearance, Housing Market, HWmember, Mortgage, Natural Disaster, Wildfire

First fully rebuilt Palisades home testing post-fire demand

April 1, 2026 by bp56691
First fully rebuilt Palisades home testing post-fire demand
The listing arrives as rebuilding activity gains traction, with roughly 650 permit approvals to date and nearly 475 burned lots having traded.
Categories Brokerage, California, Compass, Home Prices, Homeowners insurance, Housing Market, HWmember, Los Angeles, Luxury Real Estate, Natural Disaster, New Home Sales, Real Estate, Wildfire

California MBA urges guardrails for bill targeting wildfire-related forbearance

March 24, 2026 by bp56691
CMBA told lawmakers that AB 238 aids short-term relief, but insurance delays and permitting backlogs are stalling wildfire recovery.
Categories California, CMBA, Forbearance, Housing Market, HWmember, Legislation, Mortgage, Natural Disaster, Wildfire

Trump executive order overrides Los Angeles wildfire rebuilding plan

January 27, 2026 by bp56691
Trump’s executive order lets federal agencies bypass California rules for wildfire recovery, citing delays in rebuilding efforts.
Categories California, Donald Trump, FEMA, Housing Market, HWmember, Los Angeles, Natural Disaster, Politics, Wildfire

Sonic Fire Tech launches infrasound wildfire defense system in California

December 19, 2025 by bp56691
Sonic Fire Tech has launched a wildfire defense system using infrasound to extinguish fires without water or chemicals. The system detects embers up to 1,500 yards away and aims to reduce property damage and water use in California.
Categories California, HWmember, Natural Disaster, Technology, The Builder's Daily, Wildfire

$12.7 trillion in US homes face severe climate risks

September 3, 2025 by bp56691
.7 trillion in US homes face severe climate risks
Data shows threats from flooding, hurricane winds and wildfires increasingly reshaping housing markets and insurance availability.
Categories Affordability, FEMA, Flood insurance, Homeowners insurance, Hurricane, HWmember, National Flood Insurance Program, Real Estate, Realtor.com, Wildfire

Tech startup offering AI-driven property level risk modeling

August 20, 2025 by bp56691
Instead of relying on zip code-based risk maps and subjective human judgment, FutureProof’s algorithm analyzes property-specific details.
Categories Affordability, Alabama, California, Climate Change, FEMA, Flood insurance, Florida, Homeowners insurance, Hurricane, HWmember, insurance, Mississippi, National Flood Insurance Program, Natural Disaster, Real Estate, Tornado, Wildfire

California wildfire rebuilding bill paused until 2026

July 28, 2025 by bp56691
The move comes after social media outcry centered on erroneous claims that the bill would force low-income housing into Pacific Palisades.
Categories Affordable Housing, California, Housing Market, HWmember, Legislation, Los Angeles, Los Angeles Times, Luxury Real Estate, Natural Disaster, Wildfire

Californians report unraveling mortgage relief after the fires

July 21, 2025 by bp56691
Amid foreclosure and balloon payment chaos, July 7 officially marked the end of the FHA moratorium on foreclosures and evictions
Categories California, Foreclosure, Housing Market, HWmember, Los Angeles, Mortgage, Wildfire

‘Insufficient funds’ delay State Farm wildfire check for nearly $900K

July 11, 2025 by bp56691
The California Department of Insurance has opened an investigation into the case amid broader concerns about the insurer’s claims handling.
Categories California, Chase, Homeowners insurance, Housing Market, HWmember, insurance, Los Angeles, Natural Disaster, Wildfire
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