January 21, 2025 - 17:15

Recent reports indicate that a staggering 14% of residences within the boundaries of the Palisades and Eaton fires in Los Angeles have either been destroyed or significantly damaged. This alarming statistic translates to approximately 6,354 homes impacted by the devastating wildfires. Among these, a striking 5,449 homes, which represent 86%, were completely lost to the flames. In contrast, 905 homes, or 14%, experienced varying degrees of damage but remained standing.
The fires have wreaked havoc on the local community, leaving many families displaced and in need of support. The destruction has raised concerns about fire safety and the need for improved preventative measures in wildfire-prone areas. As the community begins to assess the aftermath and plan for recovery, the focus will likely shift towards rebuilding and enhancing resilience against future wildfires. The impact of these fires will be felt for years to come, highlighting the importance of preparedness in vulnerable regions.
January 27, 2026 - 05:52
Bill would allow early payoff penalties for Kansas real estate investment loansA new bill introduced in the Kansas legislature is sparking debate within the state`s real estate investment community. The proposed legislation would permit lenders to charge prepayment penalties...
January 26, 2026 - 09:15
Tepco to Sell Real Estate, Seek Partners in New Business PlanTokyo Electric Power Company (Tepco) has announced a significant new business plan centered on divesting approximately 200 billion yen ($1.3 billion) in real estate and other assets over the next...
January 25, 2026 - 22:29
EBA explores future of fractional real estate investment, digital platformsThe future of property investment in Egypt is undergoing a significant transformation, driven by the rise of fractional ownership models and digital platforms. This shift is being championed by...
January 25, 2026 - 04:04
Outback town where homes can be "cheaper to buy than rent"In a real estate market where soaring prices are the norm, one remote Queensland community is bucking the trend spectacularly. The outback town of Mount Isa is witnessing a unique phenomenon where...