Luxury Market News

Joe Jonas Lists California Home for $4.25 Million

Joe Jonas, a former member of the saccharine pop trio Jonas Brothers, is ready to part with his home in Sherman Oaks, California, listing the upmarket farmhouse late last week for $4.25 million. Known as Sutton House, the 5,600-square-foot est...

WEA Reads: LA’s Luxury Housing Market Slows Amid Surging Prices, Inventory

Here’s What We’ve Been Reading Around Wea Offices This Past Week: LA’s luxury housing market slows amid surging prices, inventory: report Open offices are as bad as they seem—they reduce face-to-face time by 70% Would You Pay $1 Bill...

Los Angeles Business Journal: LA500, LA’s Most-Influential in 2018

“The third edition of LA 500 reflects a comprehensive process of research, reporting and discernment that examined a community of millions and found 500 people whose contributions to the community of business in Los Angeles County merit inclu...

The Most Expensive Property Ever Listed In Beverly Hills

The most expensive property ever listed in the luxurious Beverly Hills just went on the market this past week for a staggering $1 billion–before construction. This property, referred to as The Mountain of Beverly Hills, is a 157-acre compound...

Malibu Real Estate Stays Hot Through the Summer

According to the Malibu Real Estate Report, through the first half of 2018, Malibu real estate just about matched statistics from last year. Looking Closer at Malibu Real Estate During the first quarter of the year, only 49 single-family home...

Tinder Co-Founder Swipes Right on Hollywood Hills Home

Sean Rad purchased a Los Angeles pad that comes with a Comedy Store-themed bar for $26.5 million Sean Rad, a founder of the dating app Tinder, has purchased a home in L.A.’s Hollywood Hills for $26.5 million, according to a person with knowl...

WEA Micro Market Report | Q2 2018

WEA in the News: Cindy Crawford and Rande Gerber sells Malibu compound for $45 million

Supermodel Cindy Crawford and her husband, businessman Rande Gerber, have sold their renovated compound in Malibu’s Encinal Bluffs area for $45 million, records show. The couple bought the three-plus acre estate and an adjacent parcel of abo...

WEA Reads: $40M is the new $4M in LA’s Luxury Residential Market

When Hard Rock Café founder Peter Morton sold his beachfront Malibu mansion for $110 million last month, it was the first nine-digit home sale in Los Angeles in over two years. But it wasn’t a complete outlier. So far this year, at least 12...