#luxury-home-sales

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SFGATE
1 month ago
SF real estate

L.A.'s 'Mansion Tax' Put a Damper on Luxury Sales-but Raised $215M for Housing Initiatives

Higher real estate transfer tax in LA aims to fund affordable housing but impacts luxury home sales negatively.
The new tax policy, called Measure ULA, has raised $215 million but falls short of the projected $672 million annually. [ more ]
therealdeal.com
4 months ago
LA real estate

LA's Mansion Tax Becomes New Villain on Reality TV Show

Measure ULA, the mansion tax aimed at alleviating L.A.'s housing shortfall, has raised $142 million since its implementation in April, falling short of projections.
Real estate agents on Selling Sunset express concerns that the tax deters luxury home sales and stifles overall market activity. [ more ]
WSJ
6 months ago
LA real estate

WSJ News Exclusive | 'Zen' Is at the Center of This $45 Million Los Angeles Spec Home

A Los Angeles spec house with a live olive tree at its center is listing for $45 million. [ more ]
WSJ
5 months ago
London

WSJ News Exclusive | West Ham Football Chair Asks $94.67 Million for Historic London Home

The chairman of West Ham United Football Club is selling a renovated London home for £75 million.
The property has undergone extensive renovations. [ more ]
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