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Peter Vanek, president of PVRK, a Southern California-based real estate consulting company, said his home was destroyed by a battery fire in 2023. His insurance initially estimated $350,000 for ...
The land is moving about 80 times faster than it was in October 2022 and the active area of the landslide complex has expanded from just under 400 acres to 700 acres, according to the city of ...
One bill legalizes microapartments as small as 150 sq. ft. and prohibits cities from limiting their numbers near universities or public transit; [136]: 1 another (SB 2) adds a $75 real-estate document recording fee (for everything other than property sales), which is projected to generate $250 million per year for affordable housing construction.
In a coastal Southern California city where multimillion-dollar estates teeter above the Pacific Ocean, power remained intentionally severed Tuesday to about 245 homes as worsening landslides have ...
Chika Sunquist was appointed Commissioner of the California Department of Real Estate (DRE) by Governor Gavin Newsom on November 28, 2023, and she assumed office on January 3, 2024. [5] Real estate licensing is subject to both the Real Estate Law and the Regulations of the Commissioner, which have the force and effect of law.
Owners of commercial real estate benefited under the original rules of Proposition 13: If a corporation owning commercial property (such as a shopping mall) was sold or merged, but the property stayed technically deeded to the corporation, ownership of the property could effectively have changed without triggering Proposition 13's reassessment ...
The problem is most acute in disaster-prone parts of Florida and Texas, where insurance premiums and HOA fees have been rising particularly fast. In Houston, the median condo sales price fell 6.5% ...
As many as 12,000 homes, businesses and other structures may have been destroyed in the wildfires raging in Los Angeles County, rendering entire communities ashen piles of rubble.. But here and ...