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This luxury realtor warns LA home prices will be huge from surge in fire insurance costs — claims about 1,000 new renters, buyers have entered the market Chris Clark January 29, 2025 at 7:09 AM
California's high property values may make that insurance seem relatively cheap, but even on an absolute dollar basis residents the average annual premium of $2,200 was less than residents paid in ...
A law barring monthly rents of more than $10,000 for new listings is stopping high-end homes from going on the market, real estate agents and brokers say. Such homes could be in demand for wealthy ...
Just before wildfires hit, California told insurers to cover homes in risky areas. In return, they can pass on a key cost to customers. Jason Ma. Updated January 13, 2025 at 12:53 PM.
In 2024, the California Department of Forestry and Fire Protection, known as Cal Fire, battled 8,024 wildfires that burned more than 1,000,000 acres of land, and damaged or completely destroyed ...
(The Center Square) - The monthly payment to purchase an entry-level California home has risen 88% since 2020, according to a new report from the non-partisan, state-funded Legislative Analyst’s ...
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In fact, between 2020 and 2023, insurance premiums in the top counties for climate risk increased by 22%, the report finds; from 2017 to 2022, insurance premiums increased 40% faster than inflation.