Websome of the wealthiest californians are deciding to keep their la homes but rent them out as luxury pads rather than accept lackluster prices on a sluggish market.

Buyers signed 18 contracts for a total volume of about $107 million between july 1 and july 7,.

Webin early 2023, l. a. ’s luxury real estate market experienced a boom as deals were closed before the april 1 implementation of los angeles’ measure ula, known as.

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