The WPJ

Beverly Hills

One Year After Los Angeles Wildfires, Investors Snap Up Burned Lots

On the first anniversary of the Pacific Palisades and Malibu wildfires, vacant land is piling up across some of Los Angeles' most heavily damaged neighborhoods, even as investors account for a growing share of the limited transactions taking place.

California Home Sales Enjoy Modest Uptick as Mortgage Rates Ease

California home sales in August 2025 edged higher, supported by stabilizing prices and a modest decline in mortgage rates, according to the California Association of Realtors.

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.

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