California Governor Gavin Newsom is stepping in to protect homeowners affected by the Palisades, Eaton, Hurst, Lidia, Sunset, and Woodley wildfires from unsolicited land offers. Newsom issued Executive Order N-7-25, which prohibits speculators from making “aggressive, unsolicited and undervalued” cash offers to homeowners across 15 Los Angeles ZIP codes for 90 days from Jan. 6.
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Investors bid up shares of mortgage lenders and real estate companies after “relatively benign” CPI report ends speculation that inflation worries might force the Fed to raise rates this year.
Jarrod Grasso will lead the trade group’s efforts to “deepen engagement with state and local associations, MLS executives and other critical industry partners.”
As high home prices continue to impact the market, many homeowners are deciding to stay put in their homes. But most still have plans to purse home renovations — and younger generations are leading this new focus on home improvement. Emmy Award-winning home improvement platform This Old House conducted a survey of 2,000 homeowners on…