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How Measure ULA May Affect Relocation Measure ULA is the biggest tax hike in the history of Los Angeles. This will affect many buyers and sellers, even renters and commercial real estate, and some may need to think outside the box next year. While we may see people move out of Los Angeles due to this looming […]
The median home sale price in Los Angeles County declined again for the third straight month. The median sale price in November 2022 was $870,000, which represents a 2.2% decline from the previous month and is a 1.1% decline from previous year. It is clear that the market has cooled significantly since its peak earlier […]
The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more than doubled – something that’s never happened before in a calendar year. This […]
Los Angeles Measure ULA, officially known as the “Homelessness and Housing Solutions Tax,” is a ballot measure that Los Angeles voters approved in the 2022 midterm elections. Measure ULA has also been referred to as a “mansion tax,” as it affects real estate valued at $5 million or more, and it affects both residential and […]
Point Dume is one of Malibu’s most coveted neighborhoods and is home to some of its most exclusive beaches. While none of Malibu’s beaches are private, the topography of Point Dume can make certain sections of the beach harder to reach for the members of the general public, but that’s not the case for some […]