Compass announced that Barron Hilton and Tessa Hilton have joined the brokerage — rebranding their California luxury real estate business under the Compass banner in Beverly Hills and expanding into Palm Beach. The couple, known for representing high-end properties and clients across Los Angeles and beyond, said the move will allow them to scale their […]
Barron and Tessa Hilton join Compass Read More »
Homeowners are turning underused private spaces into sources of income — renting out pools, backyards, and home gyms by the hour. From Los Angeles to Miami, residents are tapping into what some call the “Airbnb for Everything” trend. Pools are booked for small social gatherings, backyards host yoga classes and home gyms are used for
Homeowners cashing in with ‘Airbnb for anything’ rentals Read More »
The Sun Belt region continues to dominate the U.S. housing market in raw transaction volume, recording 25,857 weekly home sales across its metropolitan areas, nearly six times the Northeast’s 4,452 sales and more than double the West’s 11,061 transactions. However, this sales advantage masks a market efficiency gap. The Sun Belt’s inventory of 353,916 properties
Sun Belt leads sales volume but posts nation’s lowest absorption rate Read More »
Los Angeles will make $387 million available for affordable housing projects — reportedly the largest single funding round in the city housing department history. Applications for the funds opened Sept. 5 and close Oct. 20. Eligible applicants include nonprofit and for-profit developers, community land trusts, limited equity housing cooperatives, public entities and other organizations, the
Los Angeles ‘mansion tax’ fuels record affordable housing funding Read More »
eXp Realty has added veteran Southern California real estate agent Vivian Lesny to its network, the company announced Thursday. Lesny — who has worked in real estate for more than 20 years — surpassed $70 million in sales in 2024 and has closed as many as 88 transactions in a single year. She has consistently
Top-producing southern California agent joins eXp Realty Read More »
A California wildfire recovery bill will be shelved until 2026, after a torrent of online conspiracy theories and confusion overwhelmed public discussion and policymaking, the Los Angeles Times reported. State Sen. Benjamin Allen (D-Santa Monica) announced that he would pause S.B. 549 — legislation that would have created a local authority to buy lots destroyed
California wildfire rebuilding bill paused until 2026 Read More »
In the wake of massive wildfires that destroyed 16,000 structures in Los Angeles County in January, hundreds of banks and mortgage companies agreed to let borrowers delay their monthly payments for 90 days, without demands for full repayment at the end of the forbearance period. Others simply pledged relief and relocation assistance. California’s state-run mortgage
Californians report unraveling mortgage relief after the fires Read More »
A nearly $900,000 insurance check from State Farm failed to clear for more than a week, raising alarm for an Altadena, California, homeowner still displaced by January’s wildfires. Amelia McDonald, a veteran insurance defense attorney, deposited a check for $876,354.07 on June 30. But by July 9, the funds were still unavailable. A Chase bank
‘Insufficient funds’ delay State Farm wildfire check for nearly $900K Read More »
The Gambino Group at Compass — led by founder Carl Gambino — has expanded its roster with the addition of three experienced agents in Los Angeles and New York City. Gambino said the additions mark a key step in the team’s growth strategy. “This year has been a standout for growth for our team, and
Compass affiliate The Gambino Group adds three top agents Read More »
Partner Real Estate is on the rise — and making its presence felt. The Los Angeles-based independent brokerage achieved its best-ever placement in the 2025 RealTrends rankings, coming in at No. 13 among mega teams by closed sales volume. For Rudy Kusuma, CEO of the team, the distinction represents more than just a number. “We
Partner Real Estate soars to new heights among mega teams Read More »