A rapidly moving brush fire destroyed at least 20 homes and forced emergency evacuations in Orange County, California, on Wednesday in a devastating preview of the coming fire season. The fire in the city of Laguna Niguel started Wednesday afternoon and grew to about 200 acres as it ripped through mansions that sit along parched… Continue reading At Least 20 Homes Engulfed in Orange County, CA Blaze
Tag: high value homes
Home Price Appreciation in Highest-Risk Natural Hazard Cities 1.7 Times the Overall Market Rate Over Last Decade
ATTOM Data Solutions, curator of the nation’s premier property database, today released its 2018 U.S. Natural Hazard Housing Risk Index, which found that median home prices in cities with the top 80th percentile for natural hazard housing risk have appreciated 40 percent on average over the last 10 years — 1.7 times the 24 percent… Continue reading Home Price Appreciation in Highest-Risk Natural Hazard Cities 1.7 Times the Overall Market Rate Over Last Decade
CA Gov. Brown Signs Bill To Provide Property Replacement Cost Estimates Every Other Year
Gov. Jerry Brown of California on Monday signed a bill that protects homeowners whose property may be underinsured. AB 1797 by Assemblyman Marc Levine, D-Marin County, requires companies writing residential property insurance to conduct a replacement cost estimate every other year. The legislation will ensure policyholders are covered with current and timely estimates that reflect… Continue reading CA Gov. Brown Signs Bill To Provide Property Replacement Cost Estimates Every Other Year