LA Luxury Market


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Ty Cueva and the mansion (Credit: Hilton and Hyland)

The return of the $100M market: Bel Air spec mansion relists

A 41,000-square-foot spec mansion in Bel Air returned to the market on Tuesday, asking $100 million. The relisting marks...

The return of the $100M market: Bel Air spec mansion relists
The living room at the Opus (Credit: JIM BARTSCH via Forbes)

Spec mansion marketing shifts from champagne fridge to organic pantry

What happens when sex doesn’t sell? If you’re an agent trying to move one of the dozens of sleek...

Spec mansion marketing shifts from champagne fridge to organic pantry
Japanese architect Tadao Ando and the home (Credit: ROGER DAVIES and AZUHIRO NOGI/AFP via Getty Images)

With in-person showings back, Malibu home hits market at $75M

This week’s easing of rules to allow in-person showings has catapulted an oceanfront Malibu home back on the market,...

With in-person showings back, Malibu home hits market at $75M
Marc Noah, Hilton & Hyland’s most recent addition (Credit: Google Maps)

Luxury broker Marc Noah joins Hilton & Hyland from Sotheby’s

Luxury broker Marc Noah has jumped to Hilton & Hyland from Sotheby’s International Realty and in keeping with the...

Luxury broker Marc Noah joins Hilton & Hyland from Sotheby’s
Michelle Pfeiffer and David E. Kelley purchase $22.5M Pacific Palisades home (Credit: Compass and Getty Images)

Michelle Pfeiffer, David E. Kelley buy Pacific Palisades pad for $23M

David E. Kelley and Michelle Pfeiffer aren’t done with the Pacific Palisades. A company tied to TV writer/producer Kelley...

Michelle Pfeiffer, David E. Kelley buy Pacific Palisades pad for $23M
Michelle Pfeiffer, Jim Crane and the home (Credit: Getty Images and Zillow)

Move over Ellen: Michelle Pfeiffer is latest celeb RE player

Ellen DeGeneres and Portia de Rossi are proven luxury real estate buyers and sellers in Los Angeles, but Michelle...

Move over Ellen: Michelle Pfeiffer is latest celeb RE player
Art Caption: Clockwise from top left: Assemblyman David Chiu and Gov. Gavin Newsom pushed for a statewide rent control law, L.A. mansions that sold for combined $400+ million, developer Mohamed Hadid battled to save his Bel Air project, Frederik Eklund of Douglas Elliman moved to L.A. and (inset) streaming services gobbled up more space.

LA’s biggest real estate stories of 2019

Two blockbuster Los Angeles real estate stories emerged in 2019 from opposite ends of the market. On one side, an increasing number of spec home developers listed palatial properties that rocketed past $100 million....

LA’s biggest real estate stories of 2019
Four homes have been bought for a combined $400 million recently in L.A. (Credit: iStock, Wikipedia, and Westside Estate Agency)

The $100M club: LA’s priciest mansions are having a moment

UPDATED, 3:51 p.m., Dec. 17: This spring, luxury brokers tasked with selling the priciest homes in Los Angeles had...

The $100M club: LA’s priciest mansions are having a moment
NAR approves pocket listings killer

NAR approves pocket listings killer

UPDATED 11:15 a.m., Nov. 11: The National Association of Realtors’ board approved a controversial policy that could drastically cut down on pocket listings, a popular practice in the world of luxe real estate. A...

NAR approves pocket listings killer
Kuwaiti royal was defrauded of $160M investment in Mountain of Beverly Hills: lawsuit

Kuwaiti royal was defrauded of $160M investment in Mountain of Beverly Hills: lawsuit

The drama surrounding the 157-acre Mountain of Beverly Hills didn’t end when the land was sold in foreclosure for...

Kuwaiti royal was defrauded of $160M investment in Mountain of Beverly Hills: lawsuit
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