Celeb Realtor Josh Altman Says Most Displaced Palisades Residents Won’t Return

Josh Altman is predicting not less than half the individuals who misplaced their houses within the Pacific Palisades will not rebuild there … however they will not be transferring far.

We acquired the celeb realtor on Robertson Blvd in Beverly Hills and our photog requested him concerning the vibe he is getting from displaced Angelenos who had their houses burned to the bottom within the Palisades Fireplace.

Josh says it is turning into clear to him 50% of households are by no means transferring again to the Palisades … with numerous people trying to begin over in close by areas Brentwood, Santa Monica, Beverly Hills and Bel Air.

As Josh explains, the Palisades was a picturesque American city, residence to a whole lot of households with youngsters … and he simply would not see these people transferring again a pair years down the road, particularly after their youngsters get settled in new faculties.

Josh says he is already negotiating dozens of offers within the Palisades, the place his purchasers are promoting their heaps to builders who will construct new houses for brand new households.

The rebuilding course of will take years, however there’s one other drawback with transferring again … what occurs if you happen to’re the primary household again on the block and also you’re surrounded by development.

Josh says the insurance coverage prices are an entire different difficulty giving households pause about returning to the Palisades.

He says the tragedy has some people fed up with L.A. and California altogether … and he is listening to from people who plan to maneuver out of state or all the way down to Newport Seaside and Orange County.

The silver lining right here is Angelenos banding collectively to assist their neighbors … and “Selling Sunset” star Davina Potratz says she’s serving to folks discover their subsequent residence, freed from cost.