REAL ESTATE JERKY DAILY
FAIR Plan Pain, a Graveyard for Sale and the Week Ahead | REJ Daily 655
Ed Parcaut and Mike Kelly cover the local market, the California FAIR Plan increase, a state check on LA fire insurance payouts and what's on next week's calendar. In this episode: • Stanislaus County market: 122 closed transactions since October 1st, 858 listings and 328 pendings (Mike Kelly's local market numbers) • Bonds and rates moved all over the place this week • The California FAIR Plan increase took effect on the 15th, and why it hits hardest in high fire severity zones (Ed and Mike's discussion) • California's DFPI ordered financial institutions to report data on insurance payouts to LA fire survivors and is looking into reports of
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