News
Australian Real Estate Market Indicates Positive Patterns; New Home Sales Increase
Kara DioGuardi Sells Studio City Home in Los Angeles for $6.3 Million
Michele Lee Sells Los Angeles Residence for $7.4 million
EDITOR'S PICKS
-
Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
-
Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
-
How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
-
What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
Rapper-record producer Kayne West and socialite Kim Kardashian have bought a Bel Air mansion for $10.75 million which was originally listed for $11.4 million. The 10,000 square feet mansion is expected to be redone and expanded to 14000 square feet by the expecting couple. Bill Koch Buys Bunny Mellon’s Osterville Residence
Bunny Mellon's Cape Cod Osterville property has finally sold for 19.5 million. The large property was purchased by Bill Koch. The house was initially listed for $28.7 million which was later slashed down to the aforementioned sale price. US Apartment Rents Increase while Vacancy Rates Fall
Rents of apartments are hitting new highs in the U.S. residential market while vacancy rates are declining. However, if the rentals keep increasing, more people will be drawn toward buying a home. US Office Space Demand on a Slow Track
The demand for Office space in America is on a sluggish track. Since the economy is on a slow rebound and employers declaring cautious hiring, the forecast for the market is slow and steady. Howard Marks Malibu Beach Front Property Fetches $75 Million
Oaktree Capital Management chairman, Howard Marks sold his 9.5 acre Malibu Beach front residence for $75 million, all in hot cash. The property is reportedly purchased by an anonymous Russian couple who plan on retaining the residence as a holiday home. Peter Madoff’s New York Residence Sold for $4.6 Million
As Peter Madoff is heading to prison an account of charges of helping his brother, Bernie Madoff in his scandalous exploits, he and his wife Marion Madoff have sold their Upper east Side home for $4.6 million. All the money and possessions have been turned in to the government. California Commercial Estate Market Witnessing a Surge
The commercial real estate markets of California will be witnessing a mounting surge as more number of investors are taking advantage of the prevailing low rents and high vacancy rates. Builders believe that the value of properties will rise subsequently in 2013. NASA to Sell Kennedy Space Center Property
Since The Space Shuttle Project ended, The Kennedy Space Center has been lying unused and costing NASA a fortune on its maintenance. Therefore, NASA has decided to sell it off through an auction. Beckhams to Move Back to London as David’s Contract Ends
The famous Beckham family has finally confirmed that they will be moving base to London, U.K. The star couple have already found a school for their three sons and a nursery for their year-old daughter. They are probably expected to put up at Richmond, southwest of London. Billy Bob Thornton Home Sells for $8 Million
After initially listing his Beverly Hills estate for $9.995 million in October 2012, Billy Bob Thornton has finally managed to sell his plot for $8 million. The home is a huge residence spread over 11,000 square feet.
