A pied-à-terre tax would institute a yearly tax on homes worth $5 million or more, and would apply to homes that do not serve as the buyer’s primary residence.
A Chicago man hit a $20 million jackpot on the first scratch-off ticket he ever played.
The UC Irvine Foundation has sold an ocean-view, three-bedroom house that the estate of Christian Werner donated to the university. The home, with an asking price of $2.295 million, sold for $2.14 million on Jan. 30.
Recently relocated to the state capitol, Gov. Gavin Newsom is selling his midcentury modern home in Marin County for $5.995 million.