𝗦𝗣𝗘𝗖𝗜𝗔𝗟 𝗥𝗘𝗣𝗢𝗥𝗧: 𝗟𝗢𝗦 𝗔𝗡𝗚𝗘𝗟𝗘𝗦 𝗖𝗢𝗨𝗡𝗧𝗬 𝗪𝗜𝗟𝗗𝗙𝗜𝗥𝗘𝗦 Historic wildfires in Los Angeles have left a profound mark on the region, with damages estimated at $250B–$275B and significant impacts on local communities and commercial real estate. From spiking hotel demand to challenges in rebuilding and rising insurance premiums, the aftermath of these fires will shape the metro's economic landscape for years to come. Explore the key takeaways in Marcus & Millichap's latest Special Report available here: https://lnkd.in/gxdQKidW #LosAngelesWildfires #LA #CommercialRealEstate #CRE #MarcusMillichap
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𝐓𝐨𝐩 𝟒 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐭𝐨 𝐀𝐬𝐤 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 𝐚 𝐇𝐨𝐦𝐞 𝐢𝐧 𝐅𝐥𝐨𝐫𝐢𝐝𝐚 🏡🌴 Before making a big decision, ask yourself: ✅ Is the location right for my lifestyle? Think about proximity to work, schools, and leisure activities. ✅ What are the property taxes? Florida's taxes vary by county, so know what to expect. ✅ Is the home hurricane-resistant? Check if the home has storm shutters and a strong roof. ✅ How's the neighborhood’s growth potential? Look for areas with increasing home values. Real Estate Firm of Florida is here to help answer all your questions! 𝗥𝗲𝗮𝗹 𝗘𝘀𝘁𝗮𝘁𝗲 𝗙𝗶𝗿𝗺 𝗼𝗳 𝗙𝗹𝗼𝗿𝗶𝗱𝗮 𝗧𝗲𝗮𝗺 🏡 🌴 Your Florida REALTORS® 🏡 📍 Hillsborough, Pasco & Pinellas Counties ☎️ 813-961-6000 #HomeBuyingTips #FloridaRealEstate #RealEstateFirmOfFlorida #DreamHome #AskTheRightQuestions #FloridaRealtors #TampaBayHomesForSale #TampaBayRealtors #WeSellTampaBay
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There's a great article today in the Los Angeles Times about the #LAFires: https://lnkd.in/eN9WGqH4 It's becoming increasingly clear that these fires were, unfortunately, inevitable. While wooden houses may offer better earthquake resistance, that doesn't mean they're fireproof. One big question moving forward is whether insurance companies will continue to cover wood-frame homes after the #LAFires. I understand why wood is popular—it's affordable, and homeowners can add extensions or make improvements with relatively little expertise or specialized tools. Personally, I love wood—my own tiny house is made of it. But I do believe that Los Angeles City Planning should consider incorporating a street of stone houses as fire barriers every quarter mile. It's time for new housing regulations in LA to address these growing concerns. My thoughts are with the victims of the #LAFires
Inconvenient truths about the fires burning in Los Angeles from two fire experts
latimes.com
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The time to act is now.
This raw, arial footage of Asheville and western North Carolina serves as a shocking reminder of nature's power... Floodwaters from the French Broad River and Swannanoa River have completely submerged buildings and carried away cars. The buildings, businesses, and infrastructure will cost millions to rebuild after a generational flood like this. Real estate needs to invest in resiliency and prepare for ever-rising insurance costs as severe weather increases. And then of course there is the incalculable toll of human lives affected and even lost by this type of destruction. Continuing to send my best to all of the lives affected in the Southeast... Video via NBC News 9 Denver
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🔥 California Fires Are Shaking Up Florida Real Estate—Here’s Why You Should Care! 🔥 The wildfire crisis in California isn’t just a West Coast problem—it’s sending shockwaves to Florida’s housing market! 🌴🏡 As people flee fire-prone areas, Florida is topping their relocation lists. That means home prices could skyrocket, especially in hot spots like coastal and suburban areas. But here’s the twist: with hurricanes and rising sea levels, buyers are rethinking their priorities and looking inland for safer options. 🌊 More people moving in = booming construction, more competition, and bigger pressure on local resources. 🚧 But is Florida ready for the heat? 👀 What do you think—is this a win for Florida or a recipe for disaster? Let’s talk in the comments! 👇 #FloridaRealEstate #ClimateCrisis #CaliforniaFires #HousingBoom #MovingToFlorida #RealEstateTrends
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GUESS WHAT CITIES IN FLORIDA WERE BUILT IN DRAINED SWAMPS AND HAVE MAJOR FLOODING NOW : The reason that there is so much flooding in Florida in cities such as Palm Coast, Sarasota, St. Lucie, and others is because they were built in drained swamps and now nature is reclaiming. Builders were looking for cheap land to build and they found it in the 1970's in Florida and built their one/two story cities on flat slabs that used to be swamps. Up in northern USA they bring in dirt and rock and build a hill, then put the houses up, but not in Florida. This is a result of no regulations or building by a code, which results as you see in later years of today, flooding uncontrolled. The builders made big profits off of this swamp land and laughed all the way to the banks. These cities were built where there are no regulations or deregulation existed. Big Corporations and Trump plan no regulations for our future to maximize profits without worry, just like those Florida Builders of the past like in your medications, housing, food and more.
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It is happening everywhere...there is also the recent typhoon Yagi disaster in China/Vietnam etc The devastation and loss is heartbreaking to the people affected...what can we do to prevent this which is getting more frequent? How can nation better cope with such disaster ? We will need to respect Mother Nature more and reduce the destructive development that is making Nature disaster much more severe these days..due to climate change ?
This raw, arial footage of Asheville and western North Carolina serves as a shocking reminder of nature's power... Floodwaters from the French Broad River and Swannanoa River have completely submerged buildings and carried away cars. The buildings, businesses, and infrastructure will cost millions to rebuild after a generational flood like this. Real estate needs to invest in resiliency and prepare for ever-rising insurance costs as severe weather increases. And then of course there is the incalculable toll of human lives affected and even lost by this type of destruction. Continuing to send my best to all of the lives affected in the Southeast... Video via NBC News 9 Denver
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"Where the Sea Wall Ends" Here is a great piece from The Washington Post about the promises and perils of living and building near risky coastlines. Questions: (1) Which taxpayers pay for public infrastructure improvements needed now and in years to come to keep these risky private properties and risky communities above water? (2) What insurance coverages will be available and at what costs to homeowners and businesses in these highly vulnerable locations? (3) When private buildings start falling into the ocean like in Rodanthe, NC, who will pay to clean up the mess? Should some sort of security or bond be required by local governments to assure cleanup of risky buildings that are in the path of rising seas? To find out the risks of your home or business go to RiskFootprint dot com. https://lnkd.in/eEZriB5b #Rodanthe #coastalerosion #sealevelrise #Galveston #climatechange #riskfootprint
Where the sea wall ends
washingtonpost.com
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You’ve suffered a water loss. While you are waiting for Paul Davis Restoration of the Space Coast to arrive, listed below are some tips to help deal with the damage: Be Safe: Water events can present several possible safety hazards to occupants. The potential for slips and falls and electric shock are very real. Also, items soaked with water can be very heavy. Only complete tasks that can be done so safely. If your business or home has been damaged by water, fire, mold, storm or other disaster, Call Paul Davis Restoration of the Space Coast! Call (888) 240-2124! #PropertyRestorationExperts #PAULDAVIS #DifferenceMakers #PaulDavisRestoration #WaterRestoration #FloodDamage
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You’ve suffered a water loss. While you are waiting for Paul Davis Restoration of the Space Coast to arrive, listed below are some tips to help deal with the damage: Be Safe: Water events can present several possible safety hazards to occupants. The potential for slips and falls and electric shock are very real. Also, items soaked with water can be very heavy. Only complete tasks that can be done so safely. If your business or home has been damaged by water, fire, mold, storm or other disaster, Call Paul Davis Restoration of the Space Coast! Call (888) 240-2124! #PropertyRestorationExperts #PAULDAVIS #DifferenceMakers #PaulDavisRestoration #WaterRestoration #FloodDamage
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How Long Will Coverage Last? ⏳ How long will your temporary housing coverage last? 👉In Texas, coverage typically lasts until repairs are complete or up to 12 months. 👉In North Carolina, hurricane-prone areas may have different rules due to claim volumes. Ask your agent about timelines and if extensions are possible in case of delays. 🔗 Discover what to ask in our latest blog: Full Blog Post https://lnkd.in/eDuxgG-z #temporaryhousing #construction #insuranceadjusters #homeinsurance
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