The famous real estate agent Josh Altman is seeing a huge increase in interest among the displayed Palisades of the Pacific in seven specific areas after the destructive fire last month.
During an interview with Fox Business, Altman explained that he receives numerous phone calls from families seeking to move to Santa Monica, Brentwood, Beverly Hills, Lower Bel-Air, Newport Beach, Scottsdale and Las Vegas.
“Well, listen. Isn’t that what would move? What is what we know are moving. Are the agreements that are closing. The first place they are looking at is Santa Monica and Brentwood. And I’m telling you, I get requests for Santa Monica and Brentwood all day, every day for last month, ”Altman said.
“And bumps in value have been something that was more aggressive than when we came out of Covid, when that market for, you know, real estate were amazing. The bumps were more aggressive than when the rates were at 2%. We are We talk about a whole new landscape. “
“And also, by the way. Comps, you can forget about Comps. Comps no longer exist. If it weren’t a computer from this new year, it’s not a computer. So this is a new market we are Navigating, “He continued.
“As for other countries, first, Brentwood, Santa Monica, second, Beverly Hills, Lower Bel-Air, Third, Newport Beach, Fourth, Scottsdale, Vegas. That’s what I see a lot.”
Altman told fox business that he spoke to someone who shared that a public school in newport beach has received 76 new applicants from Los angeles families, displayed by the la la la la la la la la la la la la la la la la la la la La la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la, la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la an la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la La la la, la la la la la la la la la la la la la la la la la la la la la la la la la la la la an la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la an la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la la an la la la la la la la la la la la la la la la an la la la la la la la la la la la la la la la la la la ana Fire,, in the last 10 days alone.
Realtor explained that it is too early to know if these movements are permanent, but have not shared that families are seeking stability for their children.
“You get comfortable and you have children. You know, you don’t want to move too much. And then she also goes down to the school situation. Where the schools will be now that you know they are not moving not to Palisades, you know if they get into local buildings where the children will be. Look, as a parent, this is the most important thing. It is all about the children, “Altman said.
Altman told Fox Business that he still believes that 70% of Palisada residents will not return to the community after fires.
“There will simply be a whole new group. Because I was told, and I continue to say that, it is one of the most special places in the country. There is a completely new market, which we are still trying to sail, ”he said.
“What is the value of dirt for people who will not rebuild when they sell it? Who will be the first person to receive the offer when we are allowed to close a deal? Because there was a moratorium where you can’t close now And how will this affect the rest of the sales in that area?
According to Cal Fire, Palisada’s fire is 95% restrained since February. 5. The fire was burned 6.831 structures and houses. It burned 23,448 hectares. 12 people died during the fire of Palisades and four were injured.
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