Proposition 13 Amendment Could Increase Housing Affordability Property tax is one of the biggest deterrents to current homeowners purchasing new homes. Under Proposition 13, a homeowner’s property tax basis is set by the purchase price, subject to limited annual increases, meaning that purchasing a new home results in a significantly increased property tax basis. This,…
O.J. Simpson’s Former Miami Home Listed For $1.3 Million O.J. Simpson is likely thrilled about his upcoming parole, but he is going to need to come up with some serious cash to re-acquire his former Miami mansion. O.J. originally purchased the home in 2000 for $575,000.00. After being sent to prison in 2008, JP Morgan…
Santa Monica Fault Map Released By Geological Survey of California Last week, the Geological Survey of California released a report identifying four new and revised earthquake fault lines, including faults running through Santa Monica, Brentwood, Westwood, Beverly Hills, Culver City, Napa, Vallejo, and West Hollywood. Maps of the various new fault lines, including the new…
Target Interest Rate Hiked To Over 1% By Federal Reserve Today the Federal Reserve announced an increase to the target interest rate. Previously at 0.75%-1.00%, the Fed is hiking the target interest rate to 1.00-1.25%. The announcement was expected by most experts in light of continued improvements to the job market and overall economy. The…
Neverland Ranch Listed For $67 Million Neverland Ranch, formerly owned by Michael Jackson, was listed yesterday for $67 million. The listing represents a significant price reduction from when it was last listed in 2015 for $100 million. The property was famously purchased by Michael Jackson in 1988. He opened it as Neverland Ranch in 1994,…
Neverland Ranch Listed For $67 Million Neverland Ranch, formerly owned by Michael Jackson, was listed yesterday for $67 million. The listing represents a significant price reduction from when it was last listed in 2015 for $100 million. The property was famously purchased by Michael Jackson in 1988. He opened it as Neverland Ranch in 1994,…
Neverland Ranch Listed For $67 Million Neverland Ranch, formerly owned by Michael Jackson, was listed yesterday for $67 million. The listing represents a significant price reduction from when it was last listed in 2015 for $100 million. The property was famously purchased by Michael Jackson in 1988. He opened it as Neverland Ranch in 1994,…
Neverland Ranch Listed For $67 Million Neverland Ranch, formerly owned by Michael Jackson, was listed yesterday for $67 million. The listing represents a significant price reduction from when it was last listed in 2015 for $100 million. The property was famously purchased by Michael Jackson in 1988. He opened it as Neverland Ranch in 1994,…
Neverland Ranch Listed For $67 Million Neverland Ranch, formerly owned by Michael Jackson, was listed yesterday for $67 million. The listing represents a significant price reduction from when it was last listed in 2015 for $100 million. The property was famously purchased by Michael Jackson in 1988. He opened it as Neverland Ranch in 1994,…
Largest Ikea In America Opens In Burbank This past Wednesday, February 8, Ikea opened the doors to a brand new, 456,000 square foot Burbank location, which is now Ikea’s largest location in America. The grand opening was marked with giveaways of free sofas to the first 26 visitors, and free chairs to the next 100 visitors….
