California lawmakers are considering three bills that would require insurers to handle wildfire claims faster, increase penalties for violations, and mandate public reporting on claim payouts, following widespread complaints about delays after the January 2025 fires that destroyed 12,000 homes and wiped out $8.3 billion in home value.
Read: https://t.co/2Bs3Ce1TaJ
In this #RIMScast, Kiersten Cash previews her #RISKWORLD 2026 session with Frank Wickersham on medical marijuana in Workers’ Comp—covering misconceptions, state law complexities, and key risks professionals should watch.
Listen to the episode here🎧: https://t.co/NZuC8TzKHK
Existing-home sales increased by 1.7% month-over-month in February while affordability improved for the eighth consecutive month. https://t.co/zeDXgcl2nW
Spring is almost here - a time when home buying & selling typically pick up. 🌷🏡
Thinking of making a move? Explore our tips: https://t.co/dzW8XCOWZB
Knowledge is your best move this spring.
#Homebuying#RealEstateEducation#CARealEstate
Over the past year, many homeowners have noticed higher monthly housing expenses. While mortgage rates remain unchanged, rising property taxes and homeowners’ insurance costs are causing the increase.
Falling rate environments like the fourth quarter’s tend to benefit lending while challenging servicing with runoff as customers become more active seeking new loans.
By @bcynic
https://t.co/eXwVtPt4ag
In this week’s Ask the Economist, Dr. Jessica Lautz, NAR deputy chief economist, explores the demographic shifts expected to shape the housing market in 2026. Have a question about the real estate economy? Drop it in the comments or email [email protected].
Your #roof cover is your first line of defense against the elements, but what happens when it fails? 💨 High winds from severe thunderstorms, #hurricanes and tornadoes can tear off or damage portions of your roof cover, leaving your #home vulnerable.
✅ The solution? A sealed roof deck based on IBHS #research to help keep water out and protect your home.
Learn more at https://t.co/9iNXlhXdM1.
Insurers are critical partners in the #LAWildfire recovery. They have at least partially paid 95% of claims filed, with $20 billion out the door and more on the way.
The US housing market is broken:
On average, the price of a new single-family home has traded below the price of an existing single-family home for 12 months, the first such occurrence in 54 years.
This comes as the price of a new home fell below the price of an existing home in 2024, for the first time since 2005.
By comparison, new homes were ~10% more expensive just 3 years ago, measured by the 12-month moving average.
The difference was as much as ~40% in 2012, following the 2008 Financial Crisis.
Something is seriously wrong with the housing market.
Home sales for starter homes increased 3.8% year over year, rising for the 12th consecutive month to the highest August level in three years.
Starter homes are holding up better than other price points as many buyers seek out more affordable housing 👉 https://t.co/ehwjujqZk1