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California Wildfires Are Reshaping LA's Real Estate Market Forever | Subto Show

Published 11 months, 2 weeks ago
Description

On today's Wholesale Hotline (Subto Edition), Pace breaks down what’s happening with the California wild fires as 300k evacuated.

Show notes — in this episode we'll cover:

  • Pace breaks down the California wildfires, with 300k people evacuated and billions in damages. He explains how this disaster impacts homeowners, renters, and the real estate market.
  • He highlights a major issue—40% of the burned homes still have mortgages, meaning people are stuck making payments on houses that no longer exist.
  • Breakdown of the ripple effects on real estate, including skyrocketing Airbnb prices, increased demand for rentals, and the potential for mass relocations to other states.
  • He shares how his company is stepping in to help fire victims secure housing using creative finance, offering low or no money down options, and even covering moving costs.
  • Pace also dives into two new executive orders—one fast-tracking permits to rebuild and another banning investors from soliciting homeowners, preventing predatory offers.

     

 

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