Why New LA Area Transfer Taxes are Dangerous and Will Not Last

Recently, voters passed two new measures in the cities of Los Angeles and Santa Monica to establish additional transfer taxes on the sale of real estate. These taxes kick in for sales over a certain price with the additional revenue going to curb homelessness. In Los Angeles, this measure is …

How Will The SoCal Fires Affect the Playa Vista Real Estate Market?

For the past week, Ventura County and Malibu have been suffering from one of the worst fires these locations have ever seen. While the Camp Fire in Northern California is the most destructive ever in terms of loss of life and property damage, the Woolsey Fire located in Malibu, and …

This is Not Your Mother’s Real Estate Market

I admit it. It has been pretty easy to sell real estate in Playa Vista from 2011 to 2017. There are things I would do to prepare properties to show better, create the best leverage, negotiate the best deal, and create the best experience for my clients, but honestly, some sales that were layups …

The Effect of Rising Interest Rates on the Playa Vista Market

This week the federal reserve raised the Fed Funds interest rate by a quarter point (.25%) for the sixth time since the financial crisis. They signaled that they expect to raise rates another two times this year and three times next year. The Fed Funds rate is the rate at …

How Will Tax Reform Impact Playa Vista Homeowners?

Unless you’ve had your head in the sand the past few months, you already know that the Republicans recently pushed through tax reform, which will take effect next week. In addition to slashing the corporate tax rate and adjusting the tax brackets, these new laws will change the taxation involved in owning and …

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