Rapti Gupta
Lauren Conrad of “The Hills” fame has reportedly snagged up a property in Brentwood, Los Angeles for $3.7 million. The MTV star purchased the home sometime this week. The residence is located in an affluent neighborhood where other stars like Reese Witherspoon, Kate Hudson and Arnold Schwarzenegger also have properties. San Francisco’s Most Expensive Mansion Sells at a Record $35 Million
San Francisco’s most expensive home in the posh neighborhood of Pacific Heights at 2950 Broadway Street has sold for a record price, $35 million. The buyers are identified to be famous socialites of San Francisco, Alexis and Trevor Traina, who apparently live down the block. Taking a Look at the Nearly Completed Brand New Shenzhen Stock Exchange (PHOTOS)
The brand new stock exchange building in Shenzhen, China is almost nearing completion. Conceived and developed by Rem Koolhaas’ Office for Metropolitan Architecture (OMA), the building will be the second largest structure in China. The building is slated to open in May 2013. Germany’s Rental Regulation Reforms to Come into Effect by May
All Major cities in Germany are gearing up to take advantage of the new rental rules that were sketched out and finalized in December 2012. It was then decided that the new rules would be applicable by April 2013. However, the rules will only come into effect by May. Style Network to Air Three New Real Estate Reality Shows from Nine Announced Projects
Style Network, the famous urban lifestyle channel owned by NBCUniversal has announced nine new additions to its already airing shows, out of which three will be based on real estate and interior decoration. The new shows are a part of their increasing development slate. All the planned reality series will probably start by the coming few months Michael Blakey Lists Beverly Hills Property for $4.4 Million (PHOTOS)
Famous record producer, Michael Blakey has reportedly listed his Beverly Hills home for a cool $4.4 million. Located in the hills above Sunset Boulevard, the residence is a classic designer home. Taylor Swift Home Hunting in Rhode Island; Plans to Buy The Harkness House
Popular pop singer and real estate drama queen, Taylor Swift is allegedly home hunting, again! However, this time it’s not near an ex boyfriend’s home. Swift has decided to invest bountifully in real estate and has notched up her standards a little higher than the usual by planning to buy a famous mansion on Rhode island, the ‘Harkness House’. Tea Leoni Picks Up Upper West Side Condo for $5.1 Million
The Tower Heist actress, Tea Leoni has reportedly dropped a cool $5.1 million on a bachelorette pad in Riverside Drive on the Upper west Side of New York City. Blackstone Group Planning to Sell The London West Hollywood Hotel in LA
Famous private equity firm, Blackstone Group LP is planning to sell The London West Hollywood Hotel in Los Angeles and is hoping to rake in a good profit from the sale as the lodging industry recovers steadily. Bidding Farewell to “Master bedroom” from Real Estate Dictionary
Real estate lingo has its own place in the dictionary. However, the dynamics of language is ever changing and has evolved through the years. Same is the case with words in the real estate dictionary. Michael Neibauer of Business Journals conducted a survey on ten major construction firms in the Washington area and found out that the word “Master Bedroom” or the “Master suite” is slowly fading away in the property word world. Blueseed to Create a Floating Community of International Tech Entrepreneurs Off the Coast of San Francisco
Blueseed, a start-up firm is planning to build a residential and working community on a ship, off the coast of San-Francisco, in international waters for ambitious minds from across the globe. Matthew Modine Unloads Chelsea Home for $2 Million
Mathew Modine of “The Dark Knight Rises” fame has reportedly unloaded his condo unit in Chelsea, Manhattan for just $2 million. Located at 420 West 25th Street, the condo is duplex apartment, which Modine first listed in September 2012 for around $2.3 million. San Francisco’s Most Expensive Parking is Asking for $80,000
A parking lot in the American city of San Francisco has been listed for a whopping $80,000. The gated, enclosed and secured parking is located right across the street from the AT&T Park. The listing is being brokered by Vanguard Properties Inc. The parking lot is just a block away from a major shopping area and a number of educational institutions. The asking price is the highest any parking lot has ever boasted of. The Rana Creek Ranch in California Listed for $60 Million
The Rana Creek Ranch located seven miles east of Carmel Valley in California has been listed for a good $60 million. The huge 14000 plus acre ranch has endless stretches of greens and comprises of three separate residential parcels along with a lake and lovely mountain views. China Construction America Purchases New Jersey Office Building for $71 Million
China Construction America Inc. a subsidiary of a Beijing- based construction firm has purchased an office building in New Jersey for around $71 million in an effort to increase expansion in the U.S. World’s Oldest Harbor Discovered in Suez, Egypt (VIDEO)
A group of archaeologists have unearthed the world’s oldest harbor in Suez, Egypt along with the country’s oldest papyrus collection. Fertilizer Plant Explodes in Texas Injuring Many and Leveling Nearby Buildings (VIDEO)
A huge fertilizer plant exploded on Wednesday, April 18 in the community of West, just a few miles north of Waco, Texas injuring more than 100 people and bringing down homes and buildings in the vicinity. Hanging Canvas Chairs That Come To Life (PHOTOS)
At the Milan Design Week, space management is reaching new highs and creativity is flowing over the brim. A Japanese design studio, YOY has created a set of canvas furniture, which look like paintings but can actually accommodate a whole person! The World’s Tallest Building Burj Khalifa Sways and Creaks in a Storm (VIDEO)
If Tom Cruise ever heard how the Burj Khalifa creaks when a storm hits the city, he would have worn his harness throughout the shoot of “Mission Impossible: Ghost Protocol” in the building. Yes! the world’s tallest building, the Burj Khalifa, Dubai sways and creaks like a rickety old ship, sailing in rough ocean waters. Christopher Meloni Unloading Resort-like Estate in New Canaan for $4.7 Million
Christopher Meloni of the “Law and Order” fame has reportedly hauled his resort-like estate in New Canaan, Connecticut, on the open listing market asking for $4.7 million. Meloni and his wife had purchased the property just back in August 2012 for around $4.3 million. Survey: Smoking in the house Reduces Its Sale Value
According to a survey conducted on a group of realtors in Ontario, Canada, it was found that smoking in the house could bring down a home’s resale value by almost 30 percent. Around 401 real estate brokers agreed that a home which has been “smoked-in” is harder to sell than a “fume-clean” one. Aldersgate Investment Management Wins Approval to Build UK’s Most Expensive Mansion
Aldersgate Investment Management, a real estate firm managed by billionaire property investors, Simon and David Reuben, has acquired approval of the city council of London to build the U.K.’s most expensive single-family home. Blackstone Group LP Plans to Invest Extensively in Asian Real Estate Market
The famous Asset management and financial services company, Blackstone Group LP is planning to invest extensively in the Asian property market amid volatile economic conditions of the region. Russian Heiress Ekaterina Rybolovleva Buys Greek Private Island, Skorpios
Ekaterina Rybolovleva, the 24-year-old daughter of fertilizer juggernaut, Dmitry Rybolovleva has reportedly purchased the private islands of Skorpios in Greece for an undisclosed amount. The island was sold by Athina Onassis Roussel, the sole surviving child of late shipping magnate, Aristotle Onassis. Katy Perry To Buy Two Adjoining Properties in Hollywood Hills
Rumors have it that pop princess; Katy Perry is reportedly under contract to buy two adjoining properties in the posh area of Hollywood Hills for an unknown purchase amount. Revisiting Chanel’s New Bal Harbour Shops Store in Miami
Fashion retailer, Chanel recently opened its brand new renovated boutique store in the Bal Harbour Shops mall in Bal Harbour, Miami on Sunday, March 21. The new store is as luxurious as the brand itself and exudes a sophistication that the brand has created for itself. Five Trendy Home Libraries for Book Lovers (SLIDESHOW)
With the onset of technology and e-books, print might have lost its charms. However, for book lovers, the scent of the pages can never be replaced by a touch-screen. Creating a home-library can be a daunting task. A thousand questions cram up the nooks of your mind from where to start to maintenance of the library. While you figure out the how, when and where, take a look at the stunning home library ideas in the slideshow here. Rising Prices of Construction Material Slowing Builders' Confidence, NAHB Report
Building sentiment among construction firms and major builders shed two points from March to fall to 42 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), continuing the downtrend since February 2013. The constant decline has been attributed to the rising construction material prices. Deadly Twin Blasts at Boston Marathon Destroy Nearby Shops
Two deadly bombs that exploded near the finish line of the 114 Boston Marathon on Monday, April 15, killed three and injured more than hundred people. Nearby shops were also damaged due to the impact of the explosion. Matt Damon Lists Miami Mansion for $20 Million
The “Good Will Hunting” star, Matt Damon has reportedly listed his mansion in Malibu Beach, Florida for sale with a $20 million price tag.
EDITOR'S PICKS
-
Fed Slashes Interest Rates, But Mortgage Rates Surge Up To 6.72% - Here's Why It's Happening
-
New Real Estate Platform Allows US Homebuyers To Check The Political Affiliations Of Their Neighbors For Free
-
NYC Bill Relieving Renters Of Broker Fees Passes Without Mayor's Signature. Real Estate Groups Are Suing To Stop It
-
Suspect In UnitedHealthcare CEO Killing Hails From Real Estate Family, Grew Up In This $800K Home