California

California wildfire rebuilding bill paused until 2026

A California wildfire recovery bill will be shelved until 2026, after a torrent of online conspiracy theories and confusion overwhelmed public discussion and policymaking, the Los Angeles Times reported. State Sen. Benjamin Allen (D-Santa Monica) announced that he would pause S.B. 549 — legislation that would have created a local authority to buy lots destroyed […]

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Most home shoppers are seeking out a new city

More than half of home shoppers nationwide are looking for properties outside of their current metro areas — continuing a trend that has intensified since the COVID-19 pandemic even as signs of moderation have appeared in recent quarters. Realtor.com‘s report for the second quarter of 2025 shows that 58.9% of online home searches from users

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Meet the top 5 reverse mortgage originators in America

Over the past 12 months, Jason Stultz of Caliver Beach Mortgage has been on quite a hot streak. The Maryland-based mortgage broker has originated roughly $193 million in reverse mortgages in that time — easily the most production of any LO in the industry, according to mortgage data platform Modex. Per Modex, a significant chunk

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Californians report unraveling mortgage relief after the fires

In the wake of massive wildfires that destroyed 16,000 structures in Los Angeles County in January, hundreds of banks and mortgage companies agreed to let borrowers delay their monthly payments for 90 days, without demands for full repayment at the end of the forbearance period. Others simply pledged relief and relocation assistance. California’s state-run mortgage

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California creates office dedicated to housing, homelessness issues

In a move to overhaul how California manages its housing and homelessness response, Gov. Gavin Newsom has proposed to divide the state’s Business, Consumer Services and Housing Agency into two distinct entities — the California Housing and Homelessness Agency (CHHA) and the Business and Consumer Services Agency. With no veto coming from the California State

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Real Brokerage adds Coastline, a top San Diego team

Coastline Real Estate Group, a 13-agent real estate team based in San Diego County, California, has joined The Real Brokerage. The team is led by Raymond Fraser and Shaylie Gilliland, who previously worked together on one of California’s top-ranked real estate teams. Since founding Coastline in late 2020, the group has closed more than $200

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Top San Diego luxury real estate brokerage joins Compass

The Exude Luxury Group — a top-producing real estate firm in Southern California — has departed Side and joined Compass in San Diego’s La Jolla neighborhood, marking a new phase for the six-person team led by Erika Borunda Ahajanian. The group has closed more than $500 million in career sales — including $121 million in

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NAR moves to dismiss California agent antitrust suit

It’s been just over a month since real estate agent John Diaz refiled his lawsuit in U.S. District Court in Sacramento, but the National Association of Realtors (NAR), along with other state and local associations, are already asking the court to dismiss it.  On Monday, NAR and the California Association of Realtors, Lodi Association of

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International homebuyers returned to the US in droves

International homebuyers purchased $56 billion worth of U.S. existing homes between April 2024 and March 2025 — a 33.2% increase from the previous year, according to a report released Monday by the National Association of Realtors. The number of properties bought by foreign buyers rose to 78,100 during the 12-month period, up 44% from the

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

A nearly $900,000 insurance check from State Farm failed to clear for more than a week, raising alarm for an Altadena, California, homeowner still displaced by January’s wildfires. Amelia McDonald, a veteran insurance defense attorney, deposited a check for $876,354.07 on June 30. But by July 9, the funds were still unavailable. A Chase bank

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