real estate

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America&#39;s 5 Priciest Zip Codes
 America's 5 Priciest Zip Codes 
Oct 14, 2011 3:25 PM CDT

America's 5 Priciest Zip Codes

New Jersey, California, and New York neighborhoods top the list

(Newser) - 90210's claim to fame extends beyond Tori Spelling and Shannen Doherty. The zip code is also one of the five priciest in America. With the help of Altos Research, Forbes crunched 20,000 zip codes' worth of real estate listings to zero in on the poshest geographic areas in...

London Sets Record for Luxury Home Sales

Foreign buyers are pouring in money to escape volatility at home

(Newser) - The market for London's most luxurious homes is skyrocketing as foreign buyers, seeking safe investments, swoop in to purchase the city's priciest residences. Sales of properties worth more than $8 million spiked 31% to a record 262 in the past year, reports Businessweek . House-hunters hailing from the Middle...

Romney Quadrupling Size of Beach Mansion

Life's a beach: 6,500-square-foot pad 'not nearly big enough'

(Newser) - When the going gets tough some of the tough apparently quadruple the size of their mansions. That's what Mitt Romney is doing with his $12 million palatial California beachfront pad. He plans to bulldoze the 3,000-square-foot mansion and replace it with an 11,000-square-foot home. The Romneys want...

Dude! Big Lebowski Bungalow for Sale

Compound including Dude's pad offered for $2.3M

(Newser) - The Dude's abode is for sale—rug not included. The one-bedroom bungalow featured in The Big Lebowski is on the block as part of a six-home compound in the Venice district of Los Angeles with a very un-Dude total price tag of $2,295,000, Gawker reports. The realtors...

Squatter Gets Texas Luxury Home for $16

Uses an obscure "adverse possession" law to acquire ownership

(Newser) - Thanks to a little-known Texas real estate law, one creative guy seems to have snagged a $300,000 Texas home for just $16, reports KHOU-TV . Kenneth Robinson found a high-end home that had been abandoned after the owner walked away and the mortgage company went bankrupt. Then he filled out...

More Foreclosures Means More Mold

Abandoned homes are perfect environments for mold and mildew

(Newser) - At least one population is benefiting from the housing foreclosure crisis—mold. As more foreclosed homes sit unused for months or years while bureaucracy holds back sales, mold and mildew are growing at an alarming rate, reports NPR . More than half of all forecosed homes in some states are thought...

Beck Ditching East Coast for $20K-a-Month Texas Mansion

His landlord will be baseball player Jorge Piedra

(Newser) - Glenn Beck must be properly sick of getting wine spilled on him , because he is getting out of the tri-state area and heading for the roomy expanse of Texas. Beck sold his Connecticut mansion for $3.6 million and will be moving into a Dallas-area estate owned by baseball player...

Renters Flock to Whitey Bulger's Santa Monica Digs

Residents to want live where a fugitive escaped a decade-long manhunt

(Newser) - The simple Santa Monica apartment where James "Whitey" Bulger hid from the FBI for more than a decade could soon be one of the hotter properties in the city's rental market. The door to unit 303 remains sealed with police tape as FBI agents continue to pick the...

NYC Pad With Living Room Pool: $11M

It's a 'bragging-rights property': owner

(Newser) - Want a pool in your living room—but can’t bear to leave the Big Apple? You’re in luck: Manhattan’s Chelsea neighborhood is home to a townhouse with a 15- by 30-foot pool inside. It was listed earlier this year for $11 million. “This is definitely a...

Austria Yanks Alpine Peaks Off Market

Selling Alps is 'selling nation's soul,' say critics

(Newser) - The hills are still alive for the public. Austria has decided to yank prime real estate off the market after residents screamed about the nation's plans to auction off two alpine peaks. "We have suspended the sale to evaluate alternative possibilities," said a spokesman for the agency...

Spelling Mansion, Nation's Priciest, Finds a Buyer

The Manor had been on market since 2009 for $150M

(Newser) - It's probably just like your first house: 57,000 square feet, double staircase inspired by Gone With the Wind, parking for 100, bowling alley, beauty salon, flower-cutting room, gift-wrapping rooms, etc. But all this can no longer be yours for the paltry price of $150 million, as the iconic...

Lawsuit: Trump University Scammed Us

The Donald named in suit

(Newser) - Donald Trump has been named in a lawsuit claiming that his “Trump University” real estate course is a scam. The $1,500 course, which wasn’t accredited and offered no degree, promised to impart “insider” knowledge and give students the chance to be “my next apprentice.”...

For Sale: Home Alone House
 For Sale: Home Alone House  
May 5, 2011 10:41 AM CDT

For Sale: Home Alone House

Yours, for a slim $2.4M

(Newser) - If you happen to have a cool $2.4 million, a love of celluloid history, and a penchant for making booby traps designed to keep burglars away, have we got a house for you. The red-brick Georgian of Home Alone fame is officially on the market. Located in Winnetka, a...

The UK's Most Expensive Flat Sells For...

Nearly $222M, according to newly filed documents

(Newser) - A penthouse in London broke records by selling for nearly $222 million, which makes it the UK’s most expensive flat. Oddly, the deal was made in 2007, but details were just recently filed, the Metro reports. The three-story apartment overlooks Hyde Park, and the as-yet-anonymous buyer is likely a...

Ron Paul Selling His Home on Facebook

It's all yours for $325,000

(Newser) - Ever the renegade, Ron Paul is using his Facebook page to sell his home, reports USA Today . "Generations of liberty-loving kids have grown up here, and you can continue the tradition," the Texas congressman writes. He's asking $325,000 for the four-bed, five-bath home in Lake Jackson....

For Sale: Stock in the Empire State Building?

Family controlling the building wants to open new real estate company

(Newser) - Looking to invest in a piece of the New York real estate market? Well, soon you may be able to invest in the biggest piece of all: the Empire State Building. The Malkin family, which controls the building, is trying to create a publicly-traded real estate company that would feature...

Russian Billionaire Yuri Milner Buys Silicon Valley Mansion for Record $100M
 Most Expensive Home in US: 
 $100M Mansion Sells  
in case you missed it
Apr 3, 2011 7:35 AM CDT

Most Expensive Home in US: $100M Mansion Sells

Russian billionaire Yuri Milner buys Silicon Valley estate

(Newser) - A Russian billionaire has bought what the Wall Street Journal calls the nation's most expensive single-family home. Investor Yuri Milner paid $100 million for the Silicon Valley estate in Los Altos Hills. It's 25,500 square feet, with both an indoor and outdoor pool, a ballroom, a tennis court, etc....

11.1M Households Underwater
 11.1M Households Underwater 
Mar 9, 2011 7:17 AM CST

11.1M Households Underwater

Number jumps to 23.1% at end of 2010, more likely on way

(Newser) - Just when it looked like the housing market might be treading water, more American homes slipped underwater at the end of 2010, reports the AP. Now 23.1% of all mortgages, or 11.1 million, outweigh the value of the house they secure—up from 22.5% in the previous...

Meet MERS: Another Real Estate Time Bomb?

The corporation says it holds title to 50% of America's home mortgages

(Newser) - If you thought America's real estate mess couldn't get any messier, brace yourself—and meet the MERS corporation. If you haven't heard of it, you're not alone. The obscure business, housed in Reston, Va., employs fewer than 50 full-time workers ... and claims to hold title to about 50% of the...

Homeowner Forecloses on Bank Office

Philly man wins levy after bank fails to answer questions as required by law

(Newser) - A Philadelphia homeowner is giving his local branch of Wells Fargo a taste of its own medicine. Concert promoter David Rodgers, embroiled in a dispute with the bank over required homeowner insurance, sued Wells under the Real Estate Settlement Procedures Act when the bank refused to answer his questions as...

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