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

The Texas plan that could win even more new homeowners

High property taxes in Texas have in the past canceled out some of the state’s affordability advantages. But political leaders are looking for ways to reduce homeowners’ tax burden. Continue reading

Anthony Marguleas: LA ‘Mansion Tax’ is ‘devastating’ the market

Inman recently caught up with Marguleas to discuss his company’s new venture in Dallas, the effects of the LA ‘Mansion Tax’ and what he’s looking forward to at this year’s ICLV event. Continue reading

Vanessa Villela of ‘Selling Sunset’ fame returns to The Agency

After two years with The Oppenheim Group, Villela’s return to The Agency where she began her career felt like a homecoming, the Mexican-American actress-turned-real-estate-agent told People. Continue reading

HGTV star Page Turner joins Coldwell Banker Exclusive

The real estate investment expert on HGTV’s “Fix My Flip” will lead Coldwell Banker Exclusive’s newly created affiliate, iKONIC Sports and Entertainment, to educate and empower clients in the sports and entertainment industries on real estate investing… Continue reading

$5.48M mid-century sale is biggest Sierra Madre deal in 20 years

The 1975-era home closed at $1 million over asking, Inman has learned exclusively. Buyers have flocked to Sierra Madre, California, for its privacy and access to nature, as many people continue to work remotely. Continue reading

Just in time for 90th birthday, Carol Burnett’s LA condo sells for $3.7M

Burnett purchased the 2,800-square-foot 13th-floor unit for $1.26 million in 2002, and renovated it with husband Brian Miller in 2011. The property sold five days before her birthday, according to Zillow. Continue reading

The chatbot revolution has begun. Here’s what agents need to know

Tools such as ChatGPT and Bard are brand new but already revolutionizing online content and the real estate industry. Scroll through Inman’s latest handbook to get the lowdown. Continue reading

When pigs fly: A $5M California home gets rare approval from Zillow Gone Wild

Many real estate agents have come to fear an appearance on Zillow Gone Wild, a social media juggernaut that has captured the attention of millions of followers who gawk at the baffling architecture, zany landscaping and bizarre decor of Zillow’s most u… 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