Rapti Gupta
After NBA star, Allen Iverson lost his Atlanta mansion in a foreclosure, The Georgia Primary Bank purchased the home in an auction on Tuesday, Feb 05, 2013 for $2.5 million. The bank then listed the home for $2.8 million before listing off the price tag and putting in a new marketing pitch. Tamara Ecclestone Leasing Bel-Air Home for $150,000 a Month
Older Ecclestone sibling, Tamara Ecclestone is leasing a mansion in Bel-Air, Los Angeles, for $150,000 a month. The home sits just adjacent to the Bel-Air country club and provides for lovely views of the golf course in the club. Sultan of Brunei’s Former Mansion Listed in California
The former California mansion of Hassanal Bolkiah, The Sultan of Brunei has been listed for $38 million. The posh estate served as a pied-a-Terre for the Sultan when he came to visit California. Tom Cruise Sells East Village Condo for $3 Million
The "Savages" star, Tom Cruise has sold his condo unit at the American Felt Building in East Village for $3 million. The transaction was a private sale and did not involve any brokers. He was one of the first residents of the building. Connecticut Home Sales Rise First Time in 7 Years
Home sales in Connecticut rose for the first time in seven years. Single family home sales went up 14 percent while that of condos hiked by 7 percent annual. Home prices also hiked in the last three months of the fourth quarter in 2012. Lindsay Lohan living “Rent-Free” in New York Penthouse
The "Mean Girls" actress, Lindsay Lohan has camped up in a classy penthouse in the SoHo neighborhood of New York. The penthouse belongs to a close friend of hers and has been loaned to LiLo for "free" until she finds a place of her own. Is Adele Considering a Residency in Las Vegas?
Grammy and BRIT winning singer, Adele is planning on signing a residency in Las Vegas to prepare for her live Oscar performance and deal with her stage fright. Sir Elton John has been advising her on stage performance and parenting skills as well. Jerry Herman Flips West Hollywood Condo for $4.2 Million
Famous Songwriter and Lyricist, Jerry Herman has listed his West Hollywood condo for a cool $4.2 million. Herman purchased the home in September 2010 for $3.8 million. The home was renovated before he moved in and has now been listed for sale. Zombie-Proof Homes That You Can Buy
Realtor.com has compiled a list of Zombie-proof homes that you can actually buy. Located in authentic areas, these properties are usually castles, islands or lonesome properties. Downtown Los Angeles to Welcome its Tallest Tower, Wilshire Grand Tower
Downtown Los Angeles is all geared up to welcome its tallest skyscraper, Wilshire Grand Tower to replace the historic Wilshire Grand Hotel. Jointly being developed by AC Martin and Hanjin Group, owner of Korean Air, the $1 billion project will stand at 1,100 feet with 73 floors. Bob Costas Snags Newport Beach Home for $4.7 Million
Popular NBC Sportscaster, Bob Costas has reportedly dropped a good $4.7 million on a sprawling property on Newport Beach in California. The property is lcated in the posh Crytal Cove gated community, which also homes Boston Red Sox player, John Lackey's $10 million compound. Berkeley Breathed Lists Santa Barbara Home for $4.95 Million
Famous Cartoonist, Berkeley Breathed has listed his Santa Barbara home at the foothills of Montecito for a cool $4.95 million. He is selling the home in order to be closer to his children's school. Tatum O’Neal Bids Goodbye to her New York Condo
The "Paper Moon" Academy Award winning actress, Tatum O'Neal has sold her condo in the Old Forwards building on East Broadway, New York for a good $1.7 million. The condo was first listed in 2011 for $1.4 million and put up for rent in 2012 before selling for the above mentioned price. Lisa Hochstein’s Star Island Home Dispute Decision Delayed
"The Real Housewives of Miami" star, Lisa Hochstein and husband Dr. Leonard Hochstein are awaiting the resolution of dispute over renovation plans of their Miami Star Island Home by the Design Review Board. Philadelphia to Get New Student Skyscraper
Philadelphia, the city of Brotherly love is all geared up to get its new exclusive student skyscraper at the Cira Centre, on the southern side of University City section. Campus Crest Communities Inc., Brandywine Realty and Harrison Street real estate capital will be teaming up to create the $ 158 million project. Actor Aaron Paul Purchases Home in Los Angeles
Aaron Paul of the "Breaking bad" fame has reportedly purchased a Spanish-styled home in Hollywood Hills, Los Angeles fo a cool $1.39 million. He had purchased the property in April 2012 under the name of a trust. Barbie® Selling Her Long Time Malibu Dreamhouse
Barbie® is leaving Malibu in search of a new place and a new "Dreamhouse". She has listed her 8000 square feet beach-front residence for a good $25 million. She will be embarking on an international trip soon in search of her next dreamhouse location. Mark Jacobs’ New York Mercer Street Apartment Available for Rent
Famous fashion designer, Marc Jacobs' 40 Mercer Street, New York apartment will be offered up for rent from March 1, 2013 for a monthly charge of $37,500. He had moved into the condo with his then boyfriend, Lorenzo Martone back in 2009. Heather and Terry Dubrow Unload Orange County Mansion for $16.4 Million
Heather Dubrow of the "Real Housewives of Orange County" fame and her famous doctor husband, Terry Dubrow have quietly unloaded their mansion in Newport Coast, Orange County, California. The couple have managed to sell it off for around $16.4 million. Oscar Green Room – A tribute to 40s Art Director, Cedric Gibbons
As the 85th Academy Awards Night comes closer, Architectural digest has revealed the designer who will be designing the backstage green room for the event. Madeline Stuart, daughter of late ace director, Mel Stuart will be styling the Oscars green room whose design pays homage to director, Cedric Gibbons. Allen Iverson Loses Atlanta Property in Foreclosure
Former NBA Player, Allen Iverson has lost his Atlanta mansion in foreclosure as he failed to make mortgage payments worth $1.2 million. Iverson had tried to save his mansion by filing a lawsuit against the lender and claiming that he had not consented to the loan. However the home was forfeited on 6 Feb, 2013. Sheraton Huzhou Hot Spring Resort, Latest Masterpiece of Sheraton Hotels
Sheraton Hotels and Resorts, a brand of The Starwood Hotels and Resorts Worldwide has just welcomed the newest member to their already existing hotels, The Sheraton Huzhou Hot Spring Resort. The resort is a horse-shoe shaped structure and is built by Beijing based architect, Ma Yansong, a member of the MAD Architects. Frank Lloyd Wright Designed Tonkens Home Hits Listing Market
The historic Gerald B. Tonkens home designed by famous architect/interior designer and educationist Frank Lloyd Wright has hit the listing markets with an asking price of $1.8 million. Located in the Amberley valley of Cincinnati, Ohio, the home comes with exclusive Frank Lloyd designed furniture as well. Rural Banker Caught in Massive real Estate Fraud in China
A rural bank official, Gong Ai'ai was nabbed by the police of Central County of Shenmu, Beijing for real estate fraud. She is accused of forging fake identities and acquiring 45 illegal properties across the country. Brookfield Asset Management Subsidiary in Brazil Sued For Bribery
A subsidiary of Brookfield Asset Management, a global real estate investing firm in Brazil has been sued by a state prosecutor for bribing government officials in order to obtain construction permits for the Shopping Patio Paulista Mall. The ‘Roseanne’ Home in Indiana Hits Listing Markets
The property featured in the establishing shots of the famous 90's sitcom, "Roseanne" has hit the listing market with a reasonable price tag of $129,000. The home is located in the Evansville neighborhood of Indiana. Ray Rice’s Baltimore Condo Still Sitting Unclaimed
The Baltimore Ravens running back player, Ray Rice's Baltimore Condo is still sitting unclaimed in the market. It was first listed in September 2012 for $339,000 but has now been relisted for $200,000 less - $319,000. Lynsi Torres of In-N-Out Burgers Selling her Glendora Property
Lynsi Torres, billionaire owner and heiress of the popular food chain, "In-N-Out" burger has reportedly listed her Glendora, California property for Sale. 30-year-old Torres has been named "The Youngest American Woman Billionaire". Courtney Sale Ross Lists East Hampton Village Estate for $75 Million
Courtney Sale Ross, widow of the late former CEO of Time Warner, has listed her Georgica Pond Estate for $75 million. Though the listing was a private affair, news of the estate hitting the markets leaked out as the area is a high-profile one. Katy Perry and John Mayer House Hunting in Los Angeles?
Pop sensation Katy Perry and her famous boyfriend John Mayer were spotted home hunting in areas of Los Angeles. Though the couple were looking around together in the area, the couple have not yet decided to move in.
EDITOR'S PICKS
-
Federal Reserve Cuts Interest Rates by a Quarter Point Following Election, How Could It Affect Mortgage Rates?
-
10 Housing Markets Where Minimum-Wage Workers Can Actually Afford Rent
-
A Comprehensive Guide on Buying a Foreclosed Home
-
Billionaire Investors Behind Rising Housing Costs, Homelessness in the US: Study