A report from Agence France-Presse. "As he looks at the ruins of his home razed when deadly fires tore through the Los Angeles area, Sebastian Harrison knows it will never be the same again, because he was not insured. 'I…
A report from the New York Post. "This California grandmother’s newly renovated house was completely demolished by the deadly LA wildfires — but she’s still on the hook for the $800,000 mortgage she took out to pay for the upgrade.…
A report from Reuters on California. "Deisy Suarez-Giles lost the four-bedroom Altadena home she bought in 2021. She and her husband, Keith Giles, have secured a hotel room in downtown Los Angeles near their spa business at about $170 a…
A report from CNN. "It’s a situation many California homeowners are finding themselves in as insurers have dumped millions of policies in the state since 2020. 'They stopped renewing what they thought was sh*tty risk,' Los Angeles insurance agent Carla Ramirez…
A report from Bloomberg. "The Los Angeles wildfires are exposing a gap between what people thought their homes were worth and what they’ll actually get from insurance companies when those houses have been reduced to ash. Potentially thousands of homeowners…
It's Friday desk clearing time for this blogger. "Thousands of people in Los Angeles County have lost their homes. Beverly Allen’s condominium, Dove Creek Condos, located across the street from Eaton Canyon, was one of the many properties destroyed in…
A report from the Wall Street Journal on California. "The Los Angeles wildfires destroyed thousands of structures across residential havens of the city. Kristen Addy and her husband, both 55 years old, intend to keep making the roughly $4,000-a-month payment…
A report from WPBF in Florida. "Rebecca Giacobba, a realtor with LPT Realty, said the need for relief is in high demand as insurance and condo association fees skyrocket. 'Some of the condo fees that were in the two and…
A report from KTLA in California. "If you’re among the thousands of Los Angeles County residents whose homes were damaged or destroyed in the Palisades or Eaton wildfires, there is a grim reality beyond the loss of property alone: your…
A report from the Wall Street Journal. "Real-estate investor Robert Rivani spent close to three years renovating an oceanfront mansion on Malibu’s star-studded Carbon Beach. Including the price of the original home, the project cost close to $27 million. He…