Prop 19 Explained: Moving Your Property Tax Base Within California
Homeowners 55+, severely disabled homeowners and disaster victims can transfer their tax base to a replacement home anywhere in California, up to three times.
News & Guides
Los Angeles Real Estate News & Guides
Supplemental Property Tax Bills in LA County, Explained
After a purchase or new construction, LA County reassesses the property and sends a separate supplemental bill for the difference. Here is how it works.
The Homeowners’ Exemption in LA County: $7,000 Off Your Assessed Value
If you own and live in your home, the homeowners' exemption reduces its assessed value by $7,000. File by February 15 for the full exemption.
LA County Property Taxes: First Installment Is Delinquent After December 10, 2026
The 2026–27 secured property tax bill was mailed by November 1. The first installment must be received or postmarked by December 10, 2026.
The Statewide Measure to Repeal LA’s ‘Mansion Tax’ Was Withdrawn From the November Ballot
In June 2026 the Howard Jarvis Taxpayers Association pulled its initiative that would have nullified Measure ULA, in a deal with state lawmakers.
Proposition TE: The Palisades Fire ULA Exemption on LA’s November 2026 Ballot
City of Los Angeles voters decided Proposition TE on November 3, 2026. It would exempt sales of Palisades Fire–damaged homes from the Measure ULA tax. Here is what the measure says.
Measure ULA in 2026–27: The $5.4 Million and $10.9 Million Thresholds
For City of Los Angeles sales closing July 1, 2026 to June 30, 2027, the ULA tax is 4% above $5.4 million and 5.5% at $10.9 million or more.
Federal Reserve Held Rates at 3.75%–4% on October 28, 2026
The FOMC voted 10–2 to keep the federal funds target range unchanged. The next scheduled decision is December 9, 2026.
30-Year Mortgage Rate Averaged 7.18% on November 5, 2026
Freddie Mac's weekly survey shows the 30-year fixed at 7.18% and the 15-year at 6.57%, the third weekly decline in a row.
35.9% of California Home Sales Were $1 Million or More in September 2026
Over a third of the existing single-family homes sold in California in September closed at $1 million or above, per C.A.R. Here is what else the data shows for the upper end.