real estate

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Zillow Will Make Cash Offers Based on Its Estimates

Company expands 'Zillow Offers' program

(Newser) - Zillow doesn't just want to provide an estimate of your home's worth—it wants to actually buy the place, too. The company is expanding a test program it calls Zillow Offers to more parts of the country, reports CNN Business . Under the program , prospective sellers would receive a...

Site of Infamous Borden Family Murders Is for Sale

Fall River, Mass., home where Lizzie Borden's dad, stepmom died, can be yours for $2M

(Newser) - The Massachusetts home where Lizzie Borden's father and stepmother were murdered with an ax has been listed for sale. The three-story Fall River clapboard house that has been converted into a museum and bed-and-breakfast was listed for sale online at an asking price of $2 million, the Boston Globe ...

You Can Be Part of Unusual 'Token of Appreciation' for Trump

Real estate agency is crowdfunding $3M to 'give' president's childhood home in Queens to him

(Newser) - Supporters of President Trump looking for a way to show their appreciation now have their chance, though they'll have to open up their wallets to do it. In what the New York Times deems as an "unusual real estate maneuver," the current owner of Trump's childhood...

Live Like the King for $2.5M
Live Like the King for $2.5M

Live Like the King for $2.5M

Elvis' honeymoon home up for grabs again

(Newser) - The honeymoon hideaway of 1960s lovers Elvis and Priscilla Presley could be yours, and for a bargain compared to its 2014 asking price. The five-bedroom, five-bathroom Palm Springs home the couple inhabited for a year following their 1967 Las Vegas wedding is listed for $2.5 million , a fraction of...

Sea Levels Have Florida Housing Market 'in Distress'

Prices and number of sales are dropping in exposed coastal areas

(Newser) - A 2018 study warned that 64,000 Florida homes were at risk to chronic flooding by 2045 because of rising sea levels. The figure rises to 1 million homes by 2100. Now, new research suggests this effect already is showing up in the state's real estate market, reports NPR...

The Scene Was Terrifying. Now You Can Live in the House

A location from 'The Silence of the Lambs' goes up for sale

(Newser) - Sleeping too well? You can always drop $298,500 for a house used in the iconic 1991 horror film The Silence of the Lambs, Fox Business reports. The 3-story home in Perryopolis, Pennsylvania was built in 1910, sits on 1.76 acres of land, and is said to be in...

Tech Firm Pays $89.5M to Cancel Office Lease

Pinterest cites shift toward working at home

(Newser) - In an ominous sign for the commercial real estate market market, a social media company has decided to cough up $89.5 million instead of proceeding with a deal to rent new offices in San Francisco. The company cited the shift toward working from home for its decision to cancel...

New Yorkers' Demand for Homes Elsewhere Is 'Insane'

Home sales in the suburbs are booming, as are bookings for moving companies

(Newser) - The numbers are striking: Sales of homes in the suburbs surrounding New York City were up 44% in July when compared to the previous year, reports the New York Times . The newspaper has anecdote after anecdote of houses in Westchester Country, New Jersey, and Long Island being snapped up in...

A 'Brutal Loss' for Loughlin on House Sale

'Full House' star, husband wanted $28.7M for Bel Air mansion, reportedly got just $18M

(Newser) - A Tinder co-founder has swiped right on Lori Loughlin's Bel Air mansion, but reportedly not for what she and husband Mossimo Giannulli hoped to get for it. The couple, now awaiting sentencing in the college admissions bribery scandal , originally listed the 12,000-square-foot, seven-bedroom home for $35 million, though...

Realtor Group Drops the Term 'Master Bedroom'

They're now referring to 'primary' bedrooms, bathrooms

(Newser) - A realtor group in Texas says it is going to stop using the word "master" to describe bedrooms and bathrooms because of the term's association with slavery. The Houston Association of Realtors says its listing service will now use the terms "primary bedroom" and "primary bath,...

Musk Lists 5 More Properties for Sale

He's asking a combined $97.5M for the properties, all in California

(Newser) - Elon Musk appears to be keeping with his decision to own no home, with five more properties listed for sale. The Tesla founder is selling a 16,000-square foot mansion on 47 acres in Hillsborough, Calif., for $35 million, per the San Jose Mercury News . Musk purchased the home, featuring...

Elon Musk Really Is Selling His Homes

He's listed 2 of his Bel Air properties

(Newser) - Imagine no possessions—Elon Musk seems to be trying. The Tesla CEO may have been serious when he tweeted Friday that he is "selling almost all physical possessions" and "will own no house." Musk put two of his homes, both in Los Angeles' ritzy Bel Air neighborhood,...

Walmart Sells Shirts, Not Pants Amid Coronavirus

The pandemic is also affecting real estate and book sales

(Newser) - When you teleconference, no one can see your pants—and that's driving a spike in shirt sales as more Americans work at home during the coronavirus pandemic, USA Today reports. "We're seeing increased sales in tops, but not bottoms. So, people who are concerned, obviously, from the...

How Wall Street Grabbed $60B&mdash;and Your House
How Wall Street Turned
These Houses Into 'Hell'
longform

How Wall Street Turned These Houses Into 'Hell'

Companies snapped up 200K homes nationwide after the financial crisis

(Newser) - Chad Ellingwood's life is pretty much hell, and Wall Street is stoking the flames. That's according to a New York Times Magazine article chronicling his fall from happy homeowner in LA County's San Fernando Valley to miserable, embattled tenant in the same property, now owned by a...

Jeff Bezos Just Bought LA's Most Expensive Home

Amazon founder paid $165M for Warner estate

(Newser) - Jeff Bezos just bought the most expensive house ever sold in Los Angeles, and he's not going to have to worry about mortgage payments: With an estimated net worth of $131 billion, the Amazon founder could have bought the $165 million mansion almost 800 times over. Bezos has bought...

Couple to Live in Suspected Golden State Killer's Home

The 1,500-square-foot property sells for $320K

(Newser) - The California home of a man suspected of being the notorious "Golden State Killer" was sold last month to a couple who intend to live there. Joseph DeAngelo's 1,500-square-foot, three-bedroom, two-bath ranch home in Citrus Heights was sold for $320,000, a price near the bottom of...

Nuclear Missile Silo for Sale. Asking Price? Not That Bad

Rick Ellis is selling his old Titan II silo in Arizona

(Newser) - Want a bunker with stagnant water, dead rodents, and scary 20-foot drops? For you, $395,000. That's what owner Rick Ellis is asking for his decommissioned Titan II missile silo near Tucson, Ariz. "This is the coolest listing I've had to date," his realtor tells the...

Why Trump Is Mulling a $500M For-Sale Sign

The Trump International Hotel might hit the market amid concern over emoluments

(Newser) - President Trump's real estate company might unload a palatial hotel over complaints that government-ethics laws are being cast aside, the Wall Street Journal reports. The Trump Organization has hired a real estate firm to let go of the Trump International Hotel in Washington, DC, where Trump and other White...

This Is the Best US City to Buy a House

Boise, Idaho, tops the list

(Newser) - In the market to buy a house—whether as a home for yourself or an investment property? WalletHub analyzed 300 cities using 23 indicators having to do with real estate market attractiveness. Those included things like home value forecast, housing affordability, median home price appreciation, and the average time it...

Stunning $1B Property Sells for Just $100K

But the Mountain of Beverly Hills has a sketchy financial history

(Newser) - A sprawling LA property once listed at $1 billion sold Tuesday for just $100,000—and that's not the worst of it, the Guardian reports. The so-called Mountain of Beverly Hills was repurchased by its former owner along with an estimated $200 million in debt. "This is the...

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