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. Continue reading

How the luxury housing market became invincible in 2021

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. Continue reading

Compass attempts to recruit owner of large Beverly Hills brokerage

A Beverly Hills-based Compass recruiter attempted to recruit Normand & Associates President Michael Nourmand as an agent. Continue reading