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Kelman said Redfin has seen more people listing homes for sale or rent. He thinks there are some people who were already considering leaving Los Angeles and probably will now.
The other homes that Redfin identified as being sold in some of the priciest deals of 2024 also went for eight figures, such as one in Los Angeles that was bought for $62.8 million, another in ...
Redfin Corporation, based in Seattle, provides residential real estate brokerage and mortgage origination services. The company operates in more than 100 markets in the United States and Canada. [ 1 ]
In fact, a recent Redfin analysis found that only about 16 percent of listings in 2023 were affordable for the typical U.S. household — the lowest share on record.
The Casa Encantada at 10644 Bellagio Road in Bel Air, Los Angeles is a large detached neoclassical style house completed in 1938. It was designed by James Dolena with interiors and furnishings by T. H. Robsjohn-Gibbings.
[6] [10] The corporation known as 1261 Angelo Drive, LLC was created on June 3, 2002, a common tactic for high-profile individuals to anonymously purchase real estate. [11] Later that year the Pritzker family acquired the home at 1261 Angelo Drive and the house was quickly demolished, despite efforts by the Los Angeles Conservancy to prevent ...