Beverly Hills Real Estate News
Beverly Hills
Los Angeles Area Wildfires Destroyed Nearly $52 Billion in Homes Last January
Wildfires that ravaged Pacific Palisades, Malibu and Los Angeles areas for 3 weeks last January scorched an estimated $51.7 billion in residential real estate, marking one of the most financially devastating wildfire events in U.S. urban history, according to a new analysis by Redfin.
Florida, California Continue to Reign Supreme as America's Ultraluxury Housing Markets
According to new Redfin research, a beachfront compound in Naples, Florida has set the high-water mark for U.S. residential real estate this year, selling for a record $133 million in April 2025.
California Home Sales Dip in March Amid Rising Economic Concerns
California home sales took a step back in March 2025 as growing economic uncertainty and consumer anxiety weighed on the state's housing market, according to the latest report from the California Association of Realtors (C.A.R.).
Catastrophic Wildfires Devastating Tens of Billions of Dollars of Southern California Properties
According to new data from CoreLogic, the Palisades Fire ignited on January 7, 2025 at approximately 10:30 a.m. PST in Pacific Palisades, California. Driven by fierce winds exceeding 40 mph, the fire quickly consumed around 200 acres and continued spreading at an alarming pace.
