Josh Altman told Fox Business that he predicted displaced residents of Palisades to move to neighboring cities, the county of Orange, Arizona and Las Vegas.
Celebrity real estate agent Josh Altman sees a huge peak of interest among the displaced residents of Pacific Palisades in seven specific areas following the devastating fire last month.
During an interview with Fox Business, Altman explained that he received several daily phone calls from families who seek to move to Santa Monica, Brentwood, Beverly Hills, Lower Bel-Air, Newport Beach, Scottsdale and Las Vegas.
“Well, listening. This is not what they were going to move? This is what we know that they are moving. These are the offers that close. The first place they look at is Santa Monica and Brentwood. And I tell you, I receive requests for Santa Monica and Brentwood throughout the day, every day for last month, “said Altman.
Josh Altman predicts what residents of displaced palisades of cities will move. (Getty Images / Getty Images)
“And the bumps in the values ​​were something that was more aggressive than when we left Covid, when this market, you know, real estate was incredible. The bumps were more aggressive than when the rates were 2 %.
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Josh Altman told Fox Business that he predicted that the displaced residents of Palisade would move to neighboring cities, the county of Orange, Arizona and Las Vegas.
“And also, by the way, the compositions, you can forget the compositions. Comps no longer exist. If it was not a kind of navigation,” he continued.
A super scooper plane dropped water on the fire of the Palisades on January 7. (Brian van der Brug / Los Angeles Times via Getty Images / Getty Images)
“Regarding other places, first, Brentwood, Santa Monica, second, Beverly Hills, Lower Bel-Air, Third, Newport Beach, Fourth, Scottsdale, Vegas. That’s what I see a lot.”
“Regarding other places, 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 had spoken to someone who shared that a public school in Newport Beach had received 76 new candidates from Los Angeles families, moved by the The FiresIn the last 10 days only.
The real estate agent explained that it is too early to find out if these movements are permanent, but have shared that families are looking for the stability of their children.
A playing field burned in the Pacific palisades. (Sunny Tsai / Foxbusiness)
“You have comfortable and you have children. Not in the palisades, you know, if they are placed in locally where children are going to be.
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Altman told Fox Business that he still believes 70% of residents of palisades will not return to the community after fires.
The former star of “Million Dollar Listing”, Josh Altman, told Fox Business that a “brand new group” of people would move into the palisades once the reconstruction begins. (Randy Shropshire / Getty images for FMB Development / Getty Images)
“There will just be a whole new group. Because I have to tell you, and I continue to say it, it is one of the most special places in the country. There is a completely new market, that we are trying Still sailing through, “he said.
Watch: Josh Altman still thinks that 70% of residents of Palisades will not come back after fires
Josh Altman told Fox Business that there will be a “brand new group” of people who move in the Pacific Palisades.
“What is the dirt for people who are not going to rebuild when they sell it? Who is going to be the first person to take the offer when we are allowed to conclude an agreement? Because there was a moratorium where You cannot close at the moment.
According to CalThe palisades fire is 95% contained on February 5. The fire burned 6,831 structures and houses. He burned 23,448 acres. 12 people died during the palisades fire and four were injured.
