LA communities face devastation amid slew of historic wildfires

LA-area agents on Wednesday told Inman that they were checking in on clients and keeping an eye on evacuation orders while lamenting the “catastrophic” toll the wildfires were taking on the community and real estate market. Continue reading

Tracy Tutor and her team leave Douglas Elliman for Compass

The Tracy Tutor Team expanded operations into Texas in 2022 and now hold a portfolio of nearly $550 million in listings. Tutor said the move will help solidify her hold in California and Texas while presenting an opportunity to grow into other markets. Continue reading

Douglas Elliman of California and former escrow head settle lawsuits

The lawsuits alleging kickbacks by high profile brokers, which were launched in October, are now resolved. Founder and former CEO of Portfolio Escrow Bill Grasska said he is “committed to ensuring my name remains synonymous with integrity and excellence.” Continue reading

Diddy’s LA mansion, allegedly tied to ‘freak offs,’ gets $30M offer

Amid ongoing controversy surrounding Sean “Diddy” Combs’ Los Angeles mansion, linked to infamous alleged “freak offs,” the property has attracted a $30 million offer — half its $61.5 million listing price, the “New York Post” reported Thursday. Continue reading

Meet the new owners of the Menendez family mansion

The Iranian-American Lahijani family is practiced in real estate investment, and acquired the property in March for $17 million. The family has reportedly begun a complete renovation of the home. Continue reading

Is Spelling Manor the next mansion to be hit by scammers?

Former Google chief executive Eric Schmidt is reportedly interested in the $137.5 million home, but the property can’t be sold until a bizarre claim to the deed allegedly involving a web of Donald Trump, Steven Mnuchin, Erika Girardi’s ex-husband and m… Continue reading

JLo, Affleck, making real estate deals as divorce rumors swirl

Rumors surrounding the couple’s split have grown in recent months. Affleck and Lopez, meanwhile, have been transacting their own separate home deals as they jointly try to offload their shared Beverly Hills home. Continue reading

LA home sells $705K over asking: The moves behind this agent’s deal

A remodel, strategic pricing, choice photos, an offer deadline and strong agent relationships helped the O’Connor sisters sell a property that previously sat on the market for nearly one year. Continue reading

Squatting is having a moment. Ignore it

A few high-profile squatting cases have gone viral in recent days, but no available data actually indicates the practice of unlawfully occupying property has become more frequent. Continue reading