Cimarron Group founder Robert Farina sells Toluca Lake home for $5.9M

Toluca Lake Avenue home (MLS)

Robert Farina shuttered his longtime Hollywood marketing and branding agency Cimarron Group four years ago. Now the former CEO is also packing up to leave his Toluca Lake home.

Farina and his wife Vana sold their 7,228-square-foot house last week for $ 5.9 million, The Real Deal has learned. It is unclear who purchased the property in the area, which has become a celebrity enclave. Justin Bieber and billionaire real estate  . . .  Read more >

NFL’s Julius Peppers Looking to Sack a Buyer for His Coral Gables Mansion

Julius Peppers

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He smashed quarterbacks to the AstroTurf for the Green Bay Packers, but now outside linebacker Julius Peppers is eager to sack a buyer for his Coral Gables, FL, estate. The posh place is available for $ 6.45 million.

Peppers, currently without a contract, is no stranger to the real estate game. In 2015, he listed his Chicago-area home for $ 2.5 million. The 8,000-square-foot . . .  Read more >

Story Ideas: Filing Taxes as a New Homeowner

For many new homeowners the year they buy their own home will also be the first year they do not take the standard deduction when doing their taxes. It can be confusing to know what is eligible for itemization and what is not. Most homeowners will end up itemizing their loan costs and fees, mortgage interest, property taxes and private mortgage insurance. New homeowners should also consider itemizing all of the stuff they donated before moving as a charitable deduction. Many homeowners file their . . .  Read more >

Highlights of the January 2017 REALTORS® Confidence Index Survey Report

While local conditions vary, the REALTORS®Buyer Traffic Index and the REALTORS® Confidence IndexCurrent Conditions for single-family homes remained above 50 in January 2017, indicating that more respondents reported “strong” than “weak” conditions, according to the January 2017 REALTORS® Confidence Index Survey Report, . . .  Read more >

REALTORS® Reported Strong Homebuying Activity in Many States in January 2017

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members How do you rate the past month’s buyer/seller traffic in the neighborhood(s) or area(s) where you make most of your sales?

REALTORS® reported strong home buying demand amid tight supply in January 2017, according to the January 2017 REALTORS® Confidence Index Survey Report, a monthly survey of REALTORS® about their sales activity and local market conditions.[1]

Local conditions . . .  Read more >

January Existing-Home Sales: A Nice Start to the Year

Mortgage rates have shot up 38 basis points since last November’s cyclical existing sales peak of 5.60 million. One would think that would translate into a dip in sales activity at the beginning of 2017.

Today’s report shows that was not the case. Existing sales jumped out to a fast start in 2017, increasing 3.3 percent in January and surpassing November as the strongest pace (5.69 million) since February 2007 (5.79 million).

For the most part, homebuyers have showed resilience in recent . . .  Read more >

Want to Live in a State Capital? They’re Not All Created Equal

Austin, TX, was named the best state capital to live in, according to a new report. What's the worst?

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You might be hearing the rallying cry “storm the capital!” more and more in these contentious times. But what capital are we talking about exactly? And just how desirable a place is said capital to live?

Well, America’s centers for state government run the gamut from some of the nation’s most coveted cities to not so much. In fact, there’s a wide disparity between the capital haves and have-nots. So you may want to avoid Jackson, MS, according to a  . . .  Read more >

The Real Deal’s South Florida print edition is going quarterly!

The Real Deal South Florida's latest October 2016 magazine

The Real Deal South Florida’s latest October 2016 magazine

Your most trusted resource for South Florida real estate news is getting bigger. Twice as big, to be exact.

After years of publishing two magazines a year, we’re answering your call for more coverage on one of the country’s hottest markets. The Real Deal South Florida’s print edition is going quarterly, bringing you four issues each year packed with in-depth market analysis, rankings of industry heavyweights . . .  Read more >

Top 10 Takeaways From Global Day

photonEach year at the REALTORS® Conference & Expo we celebrate Global Day, a full day of internationally-geared education sessions and meetings. This year we had nearly 1,500 international attendees, many of whom helped pack the room full throughout Global Day. The celebration concluded with our very first all-in-one Meet the World networking session on the expo floor, where each country was represented in the Global Networking Pavilion and all attendees were invited to meet delegates from . . .  Read more >

Assembly bill could put brakes on slow-growth ballot measures

California homes, Assemblymember Miguel Santiago (Getty/Twitter)

Decades of ballot measures in Los Angeles and across the state have sought to curb development. The so-called “ballot box planning” attempts have inspired a state lawmaker to introduce a bill targeting slow-growth ballot measures.

Democratic Assembly member Miguel Santiago introduced Assembly Bill 943 on Thursday that would increase the threshold from a simple majority vote to a two-thirds majority for passing any local . . .  Read more >