Staff Reporter
U.S. home resales unexpectedly fell in December, but the drop was not large enough to suggest the recovery in the housing sector is running out of steam. National Home Sales Drop Slightly in December, Report Shows
Home sales dipped slightly in December compared to the previous month while the national median home price rose the most in seven years, an industry group said Tuesday. Serena Williams Sells Los Angeles Home for $1.8 Million
Tennis star, Serena Williams has sold her Los Angeles Condo for $1.85 million. The condo was rumored to belong to older sister, Venus Williams but listing records confirmed Serena's ownership of the condo. House Building Up in December Following Superstorm Sandy
Superstorm Sandy has caused a surge in home building in December as the market bounced back. Superstorm Sandy has caused a surge in home building in December as the market bounced back. Mortgage Rates Unchanged This Week
Mortgage rates were unchanged this week, according to the latest data released by Freddie Mac. Mortgage rates were unchanged this week, according to the latest data released by Freddie Mac. Fed missed warning signs in 2007 as crisis gained steam
Top policymakers at the Federal Reserve felt for most of 2007 that problems in housing and banking were isolated and unlikely to tear down the U.S. economy as they ultimately did. Worst Bed Bug Cities: Chicago, Detroit, LA, [Full List]
Worst bed bug infections in the US are in Chicago city, according to new report by est control company Orkin Sharon Osbourne's House on Fire, Candles Left on Cause Accident
Sharon Osbourne's house in Beverly Hills caught on fire early Thursday morning after falling asleep before extinguishing a candle, making it the second case this week after actress Heather Graham was a victim of the same fate. Jean-Claude Van Damme Buys $6 Million Mansion in California
Jean-Claude Van Damme bought a luxurious mega mansion back in July for $6million in Silver Strand neighborhood in California, according to the Daily Mail. Century 21 Real Estate and Zillow Renew Deal
Century 21 Real Estate will continue providing listings to Zillow.com as the companies renew their agreement originally sealed in 2010, the companies said in a statement. New Changes in the ICC 700 National Green Building Standard Approved by ANSI
Some new alterations and changes have been introduced into the ICC 700 National Building Standard which have now been approved by the American National Standard Institution (ANSI). The ICC 700 Standard is a rating system that rates energy efficiency in residential buildings. It also includes some regulations that builders need to comply with. Buzz Aldrin’s Los Angeles Condo Hits the Market
Former Astronaut, Buzz Aldrin has reportedly listed his Los Angeles condominium with an asking price of $3.3 million. The price of the property is expected to be spiked up by the HOA as demand for the place is soaring. Sheryl Crow Relists LA Mansion with a $2 Million Discount
Sheryl Crow has reportedly relisted her Los Angeles property and offered a $2 million discount on the $15.95 million asking price. The discount is attributed to the fact that, there were hardly any claimants for the Hollywood Hills Property since its listing in October, 2012. 29.3 Percent Americans Own Mortgage Free Homes
In a recent study conducted by Real estate listing Consultancy- Zillow, it was discovered that around 29.3 percent of the home owners were free of any mortgage debt and owned their homes outright. Various financial and demographic factors were taken into account for the study. Kim Kardashian and Kanye West Buy House in Preparation for Baby
Kim Kardashian and Kanye West bought a house for a reported $11 million home in a gated community in Bel Air, Calif., New Mortgage Regulations of CFPB to Protect Buyer and Banker Interests
The Consumer Financial Protection Bureau, which was formed in 2011 to protect the financial interests of the consumers of U.S., announced a new mortgage regulation that all the banks need to comply with. The rule will not only safeguard the consumers from faulty loans but also help Banks insure themselves against law suits. Legendary Gettysburg Cyclorama Building to be Taken Down
A long prevailing battle on the preservation of the legendary Gettysburg Cyclorama Building that was built by famous architect, Richard Neutra, finally came to an end on January 10, 2013. The demolition is slated to be held next month. Eriq La Salle lists Beverly Hills Property for Sale
The onscreen "Dr. Peter Benton", Eriq La Salle, has reportedly listed his Tuscan Style Beverly Hills property in the market with an asking price of $7.9 million. The home that was purchased by La Salle in 1998 sports scenic views of The Franklin canyon and downtown Los Angeles. Will Walmart Enter Newark’s Springfield Avenue Marketplace?
Newark City's Springfield Avenue Marketplace is slated to be fully functional from 2014. However, contemplation of retail giant Walmart, opening an anchor grocery outlet in the complex has drawn some heated controversy to it. François Pinault and Salma Hayek buy Vidal Sassoon’s Singleton House
Luxury retail business giant, François Pinault and his actress wife, Salma Hayek have reportedly purchased legendary Hair stylist, Vidal Sassoon's Bel Air home for $16 million. The home was built by Richard Neutra and financed by industrialist Henry Singleton in 1959. Madonna Lists Beverly Hills Property for $22.5 million
The "Hung Up" singer, lyricist and pop icon Madonna has reportedly listed her Beverly Hills Mansion up for sale with a $22.5 million price tag. It was earlier believed that she had privately listed the home with a higher asking price of $28 million. Australian Real Estate Market Indicates Positive Patterns; New Home Sales Increase
The Real estate market of Australia will see a positive upturn in the financial year, 2013-14. Home sales in the country recorded a 4.7 percent increase in November, 2012. Prices of homes also witnessed increases in various parts of the country. Kara DioGuardi Sells Studio City Home in Los Angeles for $6.3 Million
Kara DioGuardi has reportedly sold her Studio City home in Los Angeles for $6.3 million. The home was first listed for sale in September, 2011 with an asking price of $10 million. Michele Lee Sells Los Angeles Residence for $7.4 million
The "Knots Landing" star- Michele Lee has sold off her Los Angeles Mansion for $7.4 million which was first listed in August 2012. The home is a lovely Mediterrenean style house spread over an expanse of 9593 square feet. 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. 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. 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.
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
