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California’s loathed ‘Mansion Tax’ falls flat in first full month in effect

USA Real Estate News-Inman - Thu, 2023-06-08 12:01
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.

Inman proudly announces the Inman Ambassadors for ICLV

USA Real Estate News-Inman - Thu, 2023-06-08 11:59
This diverse group of successful real estate agents and brokers from across the U.S. and Canada will be sharing real-time knowledge from the best and brightest from the stage, dishing highlights, and relaying the action straight from the front row of sessions and masterminds.

Robert Reffkin: Sub-4% mortgages are ‘handcuffs’ for home inventory

USA Real Estate News-Inman - Thu, 2023-06-08 11:36
In a Bloomberg Markets TV appearance, the top boss at Compass said homeowners are treating a 3 percent mortgage rate "as a financial asset" — at least for now.
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