Voters nearly had a chance to gut the ‘mansion tax.’ Now, L.A. approves 4 million in spending

Voters nearly had a chance to gut the ‘mansion tax.’ Now, L.A. approves $544 million in spending

The Los Angeles City Council on Friday approved a plan to spend $544.3 million collected from Measure ULA, the so-called “mansion tax” that levies a transfer tax on L.A. property sales above... Read more »

U.S. Household Real Estate Value Falls From Record High

The total value of U.S. household real estate took a hit in the third quarter but remains elevated, according to the latest data from the Federal Reserve. The aggregate market value of... Read more »