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Roaring demand amid a dearth of supply in December drove prices up 13.4% year over year

Mansion Global In many cases, you have to pay both By V.L. Hendrickson  |  Save wenjin chen / Getty Images Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question. Q. In the states with property tax on cars, is there a sales tax when they are purchased? A. Sales tax and personal property taxes are not the same, and many states do charge both. In Virgina, for example, an automobile purchase incurs a 4.15% Motor Vehicle Sales and Use Tax, or SUT, according to the state’s Department of Motor Vehicles. In add...

Mansion Global The five-bedroom recently closed for $2.775 million By Beckie Strum  |  Save Serena had owned the home since mid-2015. Composite: Google Maps; Getty Images Serena Williams has sold off her home in Palm Beach Gardens, Florida, for $2.775 million, according to property records. The stately five-bedroom mansion in South Florida quietly closed just before the new year, according to a newly filed deed with Palm Beach County. The tennis champion never officially listed the home on the market, though updated information in the local Multiple Listing Ser...

Mansion Global What Happens When Your Husband Buys a House Without Telling You Home buyers who secretly purchase property for that special someone can expect lots of tears ... but of joy or of despair? By Candace Taylor  |  Save   It’s far riskier than jewelry or a new car, yet many well-intentioned spouses have surprised their significant other with a new home. Photo: Misty Keasler for The Wall Street Journal. 1 of 21 It’s far riskier than jewelry or a new car, yet many well-intentioned spouses have surprised their significant other with a new home. Photo...