Paul Salazar moves from Hilton & Hyland to Compass
Salazar started at Hilton & Hyland 16 years ago and said he was ready for a change. Now he's bringing a team to Compass, which he said had the most to offer out of top LA brokerages
by Lillian Dickerson Apr 15
Historic wildfires will undeniably exacerbate LA's housing shortage
Rents are expected to 'surge,' said CoreLogic's chief economist. How much of a housing shortage the county faces is unknown as families decide in coming months whether they will even stay in LA
by Lillian Dickerson Jan 10
Agents scramble to find housing for those displaced by LA wildfires
As wildfires burned through LA County over the past 3 days, thousands were suddenly in need of temporary housing. The surge in demand is poised to create a spike in rental prices, agents say
Will flashy gifts and open houses end once commissions decouple?
Based on conversations with luxury agents across both coasts, there's still a lot of uncertainty about how far-reaching the changes that come with commissions decoupling may be
by Lillian Dickerson Jul 30
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
'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
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