Max Azria's former estate heads to auction 9 years after first listing
A no-reserve auction with Concierge Auctions is scheduled for May 9-May 23. The estate is also being listed by Branden and Rayni Williams of The Beverly Hills Estates for $55M
by Lillian Dickerson Apr 12
Newcastle Courtyards persists in court challenge to Measure ULA
The group filed a brief with the U.S. Court of Appeals for the Ninth Circuit, requesting the court overturn the dismissal of their lawsuit seeking to end the transfer tax on sales priced $5M and up
by Lillian Dickerson Apr 10
EXCLUSIVE: Look inside an $18M mansion from 'Buying Beverly Hills'
An eye-popping property owned by celebrity plastic surgeon Dr. Paul Nassif will head to auction during Season 2 of the reality TV show. Will it command the desired price? An exclusive first look
by Lillian Dickerson Mar 21
In ‘shocker’ of a vote, Chicago transfer tax hike headed for defeat
The key policy item for first-term Mayor Brandon Johnson would have raised an estimated $100M through a tax hike on real estate sales
by Taylor Anderson Mar 20
Ariana Grande sells Hollywood Hills pad to Bad Bunny at a loss
The pop star sold the secluded home to Bad Bunny in an off-market deal for $8.3M, well below the $8.9M she paid for it in 2021
by Lillian Dickerson Jan 16
Riding a Golden Globes high, Emma Stone lists LA house for $3.995M
The actor, who recently won a Golden Globe for her performance in Yorgos Lanthimos' 'Poor Things,' is selling a gated, Spanish-style home in LA's Comstock Hills neighborhood
by Lillian Dickerson Jan 16
What other cities can learn from LA's rocky 'mansion tax' rollout
LA's new tax on high-priced property sales has been a drag on the real estate industry while raising far less revenue than the city expected, an Intel analysis suggests
by Lillian Dickerson Nov 29
On the ground in LA: How a divisive 'mansion tax' altered real estate
The president of Nourmand & Associates briefed Intel on how a new Los Angeles tax on high-priced properties has jolted the local real estate industry
by Lillian Dickerson Nov 29
LA City Council approves $150M in 'mansion tax' allocations
In a move that marks the 1st time funds will be specifically allocated for use since the tax was passed, the council designated 6 different programs for funding, according to reports
by Lillian Dickerson Aug 30
'Fight it tooth and nail,' LA agents warn as Chicago mulls mansion tax
As Chicago Mayor Brandon Johnson narrows in on a 2.65% tax on purchases of properties over $1M, luxury real estate agents in Los Angeles offered their advice to concerned Windy City agents
by Lillian Dickerson Jul 27
California's loathed 'Mansion Tax' falls flat in first full month in effect
Implemented in April on properties over $5M, the ULA Tax was intended to bring in an average of $56M in revenue per month to the city of L.A. During its first month, it brought in just $3.6M
Anthony Marguleas: LA 'Mansion Tax' is 'devastating' the market
Inman recently caught up with Marguleas to discuss his company's new venture in Dallas, the effects of the LA 'Mansion Tax' and what he's looking forward to at this year's ICLV event
by Lillian Dickerson May 22
The LA 'mansion tax' is coming, sending sellers on a sprint to April 1
To make their $5M-plus properties more attractive and move them more quickly, some sellers have been cutting their asking prices precipitously and negotiating other add-ons into contracts
by Lillian Dickerson Mar 31
Real estate transfer tax hikes create headaches for mortgage lenders
Federal regulations provide 'zero tolerance' for miscalculating real estate transaction taxes when providing TILA-RESPA integrated disclosure to borrowers, Black Knight warns
by Matt Carter Dec 19
Deals will hinge on negotiations this fall. Here's how buyers' agents win
'There was no negotiation over the last couple of years,' Max Stokes of Compass says. But that's beginning to change — gradually. With a few tips, buyers can prevail at the negotiating table
by Lillian Dickerson Sep 28