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Real Estate News

Source: Los Angeles Times Real Estate News
The sale of Jared Leto’s Cahuenga Pass home has ended on a high note. The Oscar-winning actor and musician last month sold the property for $2.05 million, or $51,000 over the asking price. Built in 1955, the midcentury spread was previously owned by producer-director Michael McQuarn. Jimmy Durante,... [...]
Sat, Jul 15, 2017 1:00:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
The Tom Jones home sale tour has officially come to an end. The singer-entertainer last month sold his Mediterranean-style villa and an adjacent lot in guard-gated Mulholland Estates for a combined $11.28 million, according to records obtained by The Times. Built in 1996, the five-bedroom, seven-bathroom... [...]
Fri, Jul 14, 2017 6:05:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
Real estate website and brokerage Redfin has launched a 1% listing fee for the first time in California, which could save home sellers hundreds of dollars in commission costs. The reduced listing fee rolled out in San Diego in the spring. Redin has tested a 1% listing fee in other [...]
Fri, Jul 14, 2017 1:30:00 PM, Continue reading at the source
Source: Los Angeles Times Real Estate News
With housing inventories at a historic low, real estate leaders are proposing to amend Proposition 13 to give homeowners a tax break when they sell and thus generate more supply and reduce pressure on prices. The change would apply to the 1978 tax-reduction measure and appear on the November 2018... [...]
Thu, Jul 13, 2017 10:50:00 PM, Continue reading at the source