Andy's Corner - February 2025

As February begins, we find ourselves navigating the challenges brought by the recent wildfires in Los Angeles. It’s a reminder of the strength and resilience of our community during difficult times. Whether it’s supporting affected neighbors, staying informed, or coming together to rebuild, these moments show the heart of who we are.

Let’s continue to care for one another and embrace the brighter days ahead.

Stay safe and take care!

Join the Effort: Volunteer Opportunities for Wildfire Relief

Many community members are also seeking ways to contribute to relief efforts. Here are several organizations offering volunteer opportunities:

American Red Cross Los Angeles Region

The Red Cross is actively seeking licensed medical professionals to provide care and support to those affected by the wildfires. Additionally, they need volunteers to assist in shelters and distribute supplies. You can find more information and sign up to volunteer on their website.

World Central Kitchen

Founded by Chef José Andrés, WCK responds to crises by providing meals to affected communities and first responders. They have been actively involved in the Los Angeles area during the recent wildfires. To volunteer or donate, visit their website.

L.A. Works

This organization connects volunteers with various non-profits in Los Angeles. They have compiled a list of opportunities related to wildfire relief, including meal preparation, packaging, and distribution. More details can be found on their website.

California Volunteers

An initiative by the state government, California Volunteers coordinates volunteer activities across the state. They provide information on how to assist with wildfire recovery efforts, including ways to support first responders and affected communities. Visit their website for more information.

Habitat for Humanity Los Angeles

Habitat LA is signing up volunteers to help rebuild communities affected by the wildfires. You can contribute your time and skills to assist in recovery efforts. Details are available on their website.

As we move through January, the Los Angeles real estate market is showing signs of stability. The median list price is currently $1,550,000, which indicates that prices have plateaued after a period of cooling late last year. One key metric to watch is the Market Action Index (MAI), which measures the balance between supply and demand in the market. This month, the MAI is at 35, down slightly from last month’s 37. This small drop suggests that the market is cooling a bit, but we are still firmly in a "Seller's Market" zone. This means sellers continue to have the upper hand, although the pace of activity has slowed.

On the inventory side, the number of homes for sale has decreased further, with just 1,361 homes available. Low inventory remains a critical factor in keeping the market tilted in favor of sellers, as there are fewer homes competing for buyers’ attention.

Currently, the market is in a holding pattern. Prices aren’t making big moves because of this balance between supply and demand. However, the direction of the Market Action Index will be key in determining what happens next. If the MAI begins to climb again, we can expect prices to start rising. Conversely, if it continues to decline or dips below the threshold that defines a seller’s market, we may see pressure for prices to come down.

For sellers, January’s low inventory makes it a great time to consider listing, as fewer homes on the market increase competition for your property. For buyers, while prices are stable, the slower pace of the market may give you more room to make thoughtful decisions.

As always, I’m here to help you navigate these trends and make the most of the opportunities this market has to offer!

One thing I love about our city is how many restaurants are owned by passionate and empathetic people. This month, I wanted to highlight some amazing local restaurants stepping up to support those impacted by the recent wildfires. From free meals for first responders to donation-driven dishes, these spots are doing their part to help. If you’re looking for a way to lend a hand—or just grab a great meal—these places are worth checking out. Let’s support the folks who are supporting our community!

Crustacean Beverly Hills

Offering free pho and garlic noodles to evacuees, first responders, and firefighters.

Spago

Providing free meals to those affected by the fires during the weekend.

Dudley Market

Serving free food to first responders and those displaced by the fires, and donating 20% of sales to Community Brigade, a program supporting communities impacted by wildfires.

Ètra

Offering free meals to displaced individuals and donating meals to first responders and evacuees.

Funke

Donating proceeds from cacio e pepe sales to the Los Angeles Fire Department Foundation and providing a safe space for displaced individuals.

Grá

Offering free meals to first responders, evacuees, and volunteers.

Highly Likely Highland Park

Providing meals for first responders and those who have experienced loss, and offering WiFi and a place to rest for evacuees.

Jon & Vinny’s – Fairfax

Delivering food to first responders and serving as distribution hubs to collect and deliver food from other restaurants.