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
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
This week the spotlight shines on second-generation Beverly Hills broker Michael Nourmand of Nourmand & Associates
Baby boomers are the second-largest generation in US history. They're now becoming empty nesters and retiring but remain a force in the housing market
Jan. 20 marks 2 years since the first COVID-19 case in the US, and open houses — along with the dreams they embodied — have never been the same since, reporter Jim Dalrymple II writes
Luxury real estate agents reported having record years, and high-end properties have grown to become a larger and larger share of the overall market this year
According to a Real Deal report on Monday, a Beverly Hills-based Compass recruiter attempted to recruit Normand & Associates President Michael Nourmand as an agent
Buyers are looking for homes in different places, and with different characteristics, than they did before COVID-19 brought chaos to the US
The pandemic's chaos has upended many parts of the economy, but luxury agents believe international buyers will still gravitate toward the relative safety of the U.S. market
The luxury real estate market is highly competitive, but agents who harness technology, the media and their own social networks for marketing can make fortunes
Real estate professionals said keys to selling investment properties include focusing on returns and thinking like a financial planner
Turning homebuyers into investors can mean more financial security for them and more business for agents. But especially less-experienced investors may need help getting started
It sits on property that once belonged to John Barrymore, an early 20th century movie star and grandfather to actress Drew Barrymore