The WPJ

Los Angeles

Zombie Foreclosures Edge Up Across U.S.

The number of empty U.S. homes stayed relatively flat in the third quarter of 2025, even as abandoned foreclosure properties -- so-called "zombies" -- ticked higher, underscoring resilience in housing demand despite lingering stress pockets, according to new data from ATTOM.

2.6 Million Homes at Wildfire Risk Across 14 Western States in 2025

The January 7, 2025, Palisades and Eaton wildfires inflicted catastrophic damage on Los Angeles, destroying more than 13,500 properties and triggering an estimated $40 billion in insured losses, according to property data firm Cotality.

U.S. Home Price Growth Slows as Affordability Pressures Mount in 2025

In the second quarter of 2025, home price growth cooled across U.S. metro areas, reflecting shifting market dynamics amid persistent affordability challenges and rising mortgage costs.

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.

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