DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
— - 1 Mary Fitzgerald - 1 Nicole Young - 1 Jason Oppenheim - 1 It's - 1 Oppenheim - 1 — aren't - 1 Mari Castaldi - 1
Top related locs:
Angeles Los Angeles New York Washington Massachusetts Chicago Santa Fe California
Top related orgs:
Service - 1 Netflix - 1 Oppenheim Group - 1 realtors - 1 California Association of Realtors - 1 Budget - 1 House - 1 LA Times - 1

Search resuls for: "realtors ."


3 mentions found


☆ 'Selling Sunset' agents are freaking out about LA's new mansion tax — but it's not just millionaires who should be worried
  + stars: | 2023-11-12 | by ( Juliana Kaplan | Eliza Relman | ) www.businessinsider.com   time to read: +10 min
This time, it hinges on Los Angeles' new mansion tax, which impacts homes sold for over $5 million. She added of the city's mansion tax, "This is a very reasonable and equitable way to generate some resources that can support those needs." Unintended consequences of a mansion taxColloquially known as a mansion tax, United to House LA (Measure ULA) passed in November 2022 with 58% support. Shane Phillips, a UCLA housing researcher whose work helped inspire LA's mansion tax, is worried about the mansion tax depressing new development, particularly of multi-family buildings. Phillips argued that if the law is tweaked to exempt first-time sales, the mansion tax "will unquestionably do more good than harm."
Persons: —, Mary Fitzgerald, Nicole Young, Jason Oppenheim, It's, Oppenheim, — aren't, Mari Castaldi, Karen Bass, Shane Phillips, Phillips, that's, Billy Rose, you'll, Rose, doesn't, Castaldi, Phillips isn't Organizations: Service, Netflix, Oppenheim Group, realtors, California Association of Realtors, Budget, House, LA Times, UCLA, Agency Locations: Angeles, Los Angeles, New York, Washington, Massachusetts, Chicago, Santa Fe, California, LA
☆ Home sales spike 14.5% in February as the median price drops for the first time in over a decade
  + stars: | 2023-03-21 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com   time to read: +3 min
These sales counts are based on closings, so the contracts were likely signed at the end of December and throughout January, when mortgage rates had fallen sharply. Sales of previously owned homes rose 14.5% in February compared with January, according to a seasonally adjusted count by the National Association of Realtors . The relative drop caused a jump in sales of newly built homes, before rates jumped back toward 7% in February. That lower median price could be a sign that homes on the more affordable end of the market are selling. At a recent open house in Cleveland, Ohio, home shopper Katie Berardi said higher mortgage rates have had an impact on what she and her husband can afford.
☆ Job growth expected to have cooled in December but not enough to slow Fed rate hikes
  + stars: | 2023-01-05 | by ( Patti Domm | In | ) www.cnbc.com   time to read: +6 min
The data is important since the Fed has been trying to slow the hot labor market in its fight against inflation. Economists surveyed by Dow Jones also expect that the unemployment rate remained at 3.7% in December, while average hourly wage growth slowed to 0.4% from 0.6% in November. "Their forecast has the unemployment rate rising. "If you need the unemployment rate to rise, you need jobs to fall below 70,000 to 100,000." The Fed has raised interest rates seven times since last March, and the fed funds rate is now at 4.25% to 4.5%.
0 next >>
Total: 3