Real Estate

California has passed two laws to shield certain wildfire victims from state tax on their legal settlements in wildfire cases. One law applies to PG&E recoveries, the other to Edison suits. Both bills provide needed tax relief, but the IRS still treats lawsuit settlements as taxable. Most legal settlements are taxable, even for a devastating

Topline As mortgage demand plummets to the lowest level in 25 years, some experts believe the housing market decline will hit a cadre of regions especially hard—pushing prices down as much as 20% in pandemic-era hot spots and other areas where affordability has plunged—even if the broader housing market remains afloat. Key Facts Mortgage applications

The Cameo Shores community in Orange County’s Corona Del Mar in California is a sea of multimillion-dollar estates—most of which cover their lots with living space. An exception is this Provencal-inspired ocean-view residence, which sits on a park-like half acre. The extra elbow room created by this two-parcel setting adds an oasis of green that

High in the Blue Ridge mountains with a rocky landscape and extensive surrounding peak views sits the Lazy Bear Lodge on 5.86 acres of ridgetop in Linville, North Carolina. The estate has entered the market for $29.75 million, making it the priciest home for sale in North and South Carolina. “This luxurious lodge was designed

Billionaire, advocate and philanthropist MacKenzie Scott recently donated two Beverly Hills mansions jointly valued at $55 million to the California Community Foundation, a nonprofit that has served Los Angeles since 1915. “We are grateful to MacKenzie Scott for investing in our community. Her partnership will enable CCF to grow our reach in the community by

A nominee for HGTV’s 2022 Designer Of The Year, Mel Bean has made a name for herself in of all places, Tulsa Oklahoma. Perhaps best known for designing The Pioneer Woman Lodge, the founder of Mel Bean Interiors discovered her passion two years into getting a degree in psychology/pre-med. When Bean realized that her future

A 400-acre Pali Kai parcel of land that overlooks the Pacific Ocean just listed for $65 million, presenting an opportunity for the buyer to break sales records. The land includes 1 mile of ocean frontage and an elevation that runs from a black-sand beach on the western shore of the ‘Big Island’ of Hawai’i to

While he was President, Gerald Ford was often mocked for alleged physical ineptitude. He acquired a reputation as a clumsy, likable and simple-minded everyman; an incident in 1975, when he tripped while exiting Air Force One in Austria, was famously and repeatedly parodied by Chevy Chase on Saturday Night Live, cementing Ford’s image as a

Changes in demand caused by the pandemic were, of course, a big part of the house price boom but two years of falling mortgage rates was the main reason house prices skyrocketed in 2020 and 2021. Rates fell from 4.9% in November 2018 to 2.7% in January 2021, the lowest rate ever on 30-year fixed-rate

Bordered by the Pacific on one side and forested mountains on the other is Mexico’s Riviera Nayarit. The nearly 200-mile stretch of coastline north of Puerto Vallarta is dotted with resorts and sandy beaches. A small set of waves rolls past a heavily wooded headland in Lo de Marcos Mexico. getty The wedding and travel