California to address home insurance in high-risk wildfire areas

California to address home insurance in high-risk wildfire areas

The California Department of Insurance unveiled a new regulation this week that aims to increase homeowners insurance coverage in areas prone to wildfires, a response to the recent pullback in policies by... Read more »
Southern California prices are at a record. Could relief be on the way?

Southern California prices are at a record. Could relief be on the way?

Southern California home prices hit a record for the third-straight month in May, but there could be some help on the horizon. Although home prices increased, more listings are finally coming onto... Read more »
Colliers Lands Leasing Assignment at Brookfield’s California Market Center

Colliers Lands Leasing Assignment at Brookfield’s California Market Center

Colliers’ Integrated Advisory Services Team has secured the leasing assignment of Brookfield’s California Market Center (CMC), a 1.9-million-square-foot hub for creative office and mixed-use space located at 110 E. 9th St. in... Read more »
Colliers Lands Leasing Assignment at Brookfield’s California Market Center

California People and Company News, Week of Dec. 20, 2024

Brennan Investment Group, a private real estate investment firm that acquires, develops and operates industrial facilities throughout the U.S., added Bryan Schultz as principal in the newly established Northern California region. He will spearhead Brennan’s efforts to... Read more »
Will California home and rent prices drop in 2025?

Will California home and rent prices drop in 2025?

The Southern California housing market is downshifting. The average home price in the six-county region fell 0.3% from October to $869,288 in November, according to Zillow, marking the fourth consecutive month of... Read more »
With fires burning again, is California becoming uninsurable?

With fires burning again, is California becoming uninsurable?

Thursday marks the beginning of summer, but early wildfires have already scorched the outskirts of L.A. and the Bay Area. Many California homeowners find themselves more vulnerable than ever as major insurers... Read more »
Dickies to move HQ from Texas to Southern California

Dickies to move HQ from Texas to Southern California

Dickies, one of the best-known workwear brands in the country, will move its headquarters from Fort Worth to Costa Mesa to be with streetwear icon Vans, its sister brand. The move represents... Read more »
California law now caps security deposit at one month’s rent

California law now caps security deposit at one month’s rent

The days of needing to save two to three months’ worth of rent for a security deposit are largely over in California. Legislation took effect Monday that limits a security deposit on... Read more »
California voters approve measure aimed at restricting AIDS Healthcare Foundation spending

California voters approve measure aimed at restricting AIDS Healthcare Foundation spending

California voters have approved Proposition 34, a measure from an apartment trade group that aimed to restrict spending by the AIDS Healthcare Foundation, which has bankrolled several rent control initiatives and criticized... Read more »
Will California home and rent prices drop in 2025?

Will California home and rent prices drop in 2024?

Southern California home prices dipped in October for the third straight month, but values remain near all-time highs and unaffordable for most households. The average home price in the six-county region was... Read more »