California real estate has seen unprecedented losses because of the Los Angeles wildfires —but even before the fires, the Golden State's housing market had taken hit after hit. Homes are staying on the market an average 46 days in California in 2024, the same as in 2023, according to Realtor.com®.

High mortgage rates continue to be a drag on home sales and home prices in California, according to the California Association of Realtors, which just released its final numbers for 2024. Data shows that sales of single-family homes increased by roughly 4% year-over-year,

Elevated mortgage rates continued to impact home sales and prices in California in 2024, according to the California Association of Realtors.

California lawmakers thought it was sensible to pass an economic policy that has been failing for more than 4,000 years.

With the fires in Los Angeles still burning, the cost of their destruction, beyond the lives lost, remains unknown, but is certain to total in the tens of billions of dollars.

California will spend $2.5 billion to help the Los Angeles area recover from wildfires

And 2020’s fires were far less severe than the horrific ones we’ve recently witnessed in the Los Angeles area. We get wildfires nearly every year, which are constantly incinerating our climate goals.