• Home
  • Latest
  • Coins2Day 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Personal FinanceCalifornia

LA’s wildfires will make the housing shortage worse. Realtors are banding together to help displaced residents find homes

Alicia Adamczyk
By
Alicia Adamczyk
Alicia Adamczyk
Senior Writer
Down Arrow Button Icon
Alicia Adamczyk
By
Alicia Adamczyk
Alicia Adamczyk
Senior Writer
Down Arrow Button Icon
January 10, 2025, 5:38 PM ET
LA realtors are banding together to help their communities in the wake of devastating wildfires.
LA realtors are banding together to help their communities in the wake of devastating wildfires.David Swanson/AFP via Getty Images

Michael Hooks, a realtor based in Los Angeles, has been heartbroken as he watched devastating wildfires rip through his hometown this week. From his residence in Sherman Oaks—a neighborhood not yet affected by the fires—he’s been left with his “head on a swivel,” watching for news and updates while looking for ways to help his community in this time of great need.

Recommended Video

Spurred by the realization of how many people will be looking for short- and long-term accommodations in the coming days, he and other LA-based real estate agents have started contributing to a Google doc of available homes to lease around the city. Created by husband and wife realtor team Brock and Lori Harris, and divided by neighborhood, it currently boasts a few hundred different options, and is being updated daily.

Though realtors would usually never dream of sharing their listings with each other, Hooks says the agents haven’t hesitated to come together this week. Many are doing the work pro-bono, he says.

“It’s just kind of the spirit of the city,” Hooks tells Coins2Day. “We just want to see these people land on their feet.”

It’s a heartfelt communal effort at a time when LA can’t afford to lose the thousands of homes that have burned in the wildfires. The city, like many others across the U.S., does not have enough housing—particularly affordable housing—for all of its residents; the fires are exacerbating that issue, and, as of Friday, fire officials estimated that more than 10,000 single-family homes, apartment complexes, and other structures had been destroyed. The LA metro area had a shortage of almost 337,000 homes as of 2022, according to a recent calculation from Zillow.

The realtors’ solution is far from perfect. Hooks says he and the other agents are already running into an inventory problem. When displaced residents showed up to various properties on Thursday, they were met with long lines of other potential lessees. Though some of the more stringent lease processes are being eased, it still may be days or weeks before people start moving into the homes, if they are selected by the owners or landlords, he says.

“I wish we could just put all these people into houses immediately and have that be that, but the reality is, if you can have multiple people who are applying per house, it’s going to be tough, and people are going to lose out,” he says. “There’s just not enough housing for everybody. It’s going to be slim pickings.”

And the effects on the broader housing market will be felt not just by owners and potential owners, but by displaced renters as well. In fact, rents will almost certainly increase in the area, especially near Altadena and the Pacific Palisades, which suffered almost total destruction in the massive fires.

Lori Harris, one of the creators of the spreadsheet, said she and others are planning to start renting out accessory dwelling units, or ADUs, on their properties to displaced residents. She and her husband are also working on another list of resources of companies will to donate time, services, or goods like furniture to affected residents in the future. While many of the initial listings on the spreadsheet were for higher-end properties, she and other agents are working to add more affordable options.

“We’re trying to identify as the real estate design community how to help people find housing as soon as possible,” Harris says, noting she started the initial spreadsheet after clients started reaching out for help. “It’s devastating to see what’s happening, but the goal is to bounce back and rebuild.”

The lack of physical homes and apartments to move into is just one of LA’s housing-related problems. Insurance companies did not renew policies for tens of thousands of residents there over the past five years, and that could get even worse in the future. Many people may go under- or uninsured as premiums continue to spiral.

For now, many of the nearly 200,000 people under evacuation orders are living in public shelters, hotels, or with family or friends.

“If anybody needs any help finding temporary housing, please don’t hesitate to reach out,” says Hooks. “I’m here to help.”

Join us at the Coins2Day Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
Alicia Adamczyk
By Alicia AdamczykSenior Writer
LinkedIn iconTwitter icon

Alicia Adamczyk is a former New York City-based senior writer at Coins2Day, covering personal finance, investing, and retirement.

See full bioRight Arrow Button Icon

Latest in Personal Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

placeholder alt text
Politics
The American taxpayer spent nearly half a billion dollars deploying federal troops to U.S. cities in 2025, CBO finds
By Nick LichtenbergJanuary 28, 2026
3 days ago
placeholder alt text
Economy
Right before Trump named Warsh to lead the Fed, Powell seemed to respond to some of his biggest complaints about the central bank
By Jason MaJanuary 30, 2026
19 hours ago
placeholder alt text
North America
'I meant what I said in Davos': Carney says he really is planning a Canada split with the U.S. along with 12 new trade deals
By Rob Gillies and The Associated PressJanuary 28, 2026
3 days ago
placeholder alt text
AI
Top engineers at Anthropic, OpenAI say AI now writes 100% of their code—with big implications for the future of software development jobs
By Beatrice NolanJanuary 29, 2026
2 days ago
placeholder alt text
Investing
Jerome Powell got a direct question about the U.S. ‘losing credibility’ and the soaring price of gold and silver. He punted
By Eva RoytburgJanuary 29, 2026
2 days ago
placeholder alt text
Big Tech
Microsoft’s $440 billion wipeout, and investors angry about OpenAI’s debt, explained
By Eva RoytburgJanuary 29, 2026
2 days ago

© 2026 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Personal Finance

Personal Financemortgages
How is interest on a personal loan calculated?
By Joseph HostetlerJanuary 30, 2026
15 hours ago
Personal FinanceLoans
Are there personal loans for veterans and military members?
By Joseph HostetlerJanuary 30, 2026
15 hours ago
Personal FinanceCertificates of Deposit (CDs)
Best certificates of deposit (CDs) for January 2026
By Glen Luke FlanaganJanuary 30, 2026
16 hours ago
Personal FinanceLoans
Should you use a personal loan to pay wedding expenses?
By Joseph HostetlerJanuary 30, 2026
17 hours ago
Sweat cofounder Kayla Itsines
SuccessHow I made my first million
Kayla Itsines became a millionaire at 22 and sold her fitness app for $400 million—buying a gas station paid her rent
By Emma BurleighJanuary 30, 2026
21 hours ago
Personal Financegold prices
Current price of gold as of January 30, 2026
By Danny BakstJanuary 30, 2026
23 hours ago