California’s loathed ‘Mansion Tax’ falls flat in first full month in effect

Implemented in April on properties over $5 million, the ULA Tax was intended to bring in an average of $56 million in revenue per month to the city of L.A. During its first month, it brought in just $3.6 million. Continue reading

Olympic training, ballet, real estate — now, ‘Kendra Sells Hollywood’

Meet McKenzie Ryan. From her Olympic training days to her passion for the NYC skyline to what’s going down on Season 2 of “Kendra Sells Hollywood,” Inman sat down with Ryan to get the Real Tea on everything. Continue reading

The LA ‘mansion tax’ is coming, sending sellers on a sprint to April 1

To make their multimillion-dollar properties more attractive and move them more quickly, some sellers have been cutting their asking prices precipitously and negotiating other add-ons into contracts. Continue reading

Real estate reality TV is like ‘my life on steroids,’ celebrity agents say

The life of a celebrity real estate agent isn’t as glamorous as it may seem, agents who have starred on some of real estate’s most popular reality TV shows told attendees at Inman Connect New York on Tuesday. Continue reading

Steve Martin’s Beverly Hills villa sells after just 3 weeks on market

The house next door to the comedian’s primary residence sold for $71,000 more than the asking price. Continue reading