Small Bank Crash and Real Estate

REAL ESTATE NEWS (Los Angeles, CA) — How is the California property market affected by the collapse of Silicon Valley, Signature and Silvergate banks? Frighteningly, there are likely more to come, including larger banks, as we will discuss in this article. The collapse of the small banks can have an impact on the property market …

Los Angeles Mansion Tax

REAL ESTATE NEWS (Los Angeles, CA) — L.A. voters have approved Initiative Ordinance ULA, also known as the “mansion tax,” which imposes a new real property transfer tax on all real property sales priced or valued from $5 million up to $10 million and a higher rate for properties priced or valued at $10 million …