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
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
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
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
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
Federal regulations provide 'zero tolerance' for miscalculating real estate transaction taxes when providing TILA-RESPA integrated disclosure to borrowers, Black Knight warns
'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
The conventional wisdom is that the past month of nonstop rain should have put a damper on real estate sales, but, in fact, the opposite has happened
The Big Apple's long-standing tax will soon become significantly more expensive for high-end properties