Insane luxury -- at a pretty insane price. This $28 million penthouse is probably better described as a "townhouse in the sky." On top of a five-story building in New York's Tribeca neighborhood, this apartment, if you can ... Read More »
In another positive sign for the housing market, existing-home sales and home prices posted increases in April, the National Association of Realtors says. Existing home sales rose 3.4 percent month-over-month to a seasonally ... Read More »
While presumptive Republican presidential nominee Mitt Romney may be in the process of quadrupling the size of the La Jolla mansion (one of six homes in his real estate portfolio) that he purchased for $12 million in 2008, ... Read More »
By L.A. Chung It is on a day like Friday, with Facebook's share sales heading towards $16 billion that Los Altos landlord Judy Fusco might have been wishing that she asked for Mark Zuckerberg's $5,500 a-month rent in stock, ... Read More »
By L.A. Chung It is on a day like Friday, with Facebook's share sales heading towards $16 billion that Los Altos landlord Judy Fusco might have been wishing that she asked for Mark Zuckerberg's $5,500 a-month rent in stock, instead. But in September 2004, she was just trying to recoup the $1 million she had sunk ... Continue Reading »
Like a castle out of a fairy tale, this ethereal "Richardsonian Romanesque" home sits on one of the largest lots in Dallas County's Highland Park. Made mostly of granite, with exquisite porcelain interior detailing, and with lush views over a scenic greenbelt, the $6.95 million residence known as Coram Deo (Latin for ... Continue Reading »
For merely six times the average price of a home in the U.S., you can be the proud owner of New York City's most expensive parking space. A cool million gets you your very own private parking spot located in a luxury condominium building in Manhattan's East Village. The space is a whopping 12 feet wide, 23 feet long, ... Continue Reading »
A classic, Santa Monica tree-flanked home with quick access to the beach -- what more could you want? This flawless, Craftsman-style home is California beach living at its very finest. For $7.4 million, you can enjoy a 4,300 square feet interior designed with a wide-open floor plan that allows natural light to fill ... Continue Reading »
One couple that had been collecting welfare while living in a luxurious waterfront home would appear to have just learned an important lesson: Don't mess with Uncle Sam. The two Seattle residents drew widespread media attention last year after reports emerged that they had been collecting housing vouchers, food stamps ... Continue Reading »
The Hawaii Legislature and Massachusetts House of Representatives passed bills that put tougher restrictions on foreclosures. In Hawaii, the new bill updates the state's foreclosure law, which was called the strongest in the country when it passed last year. The update makes the regulations even stricter, and provides ... Continue Reading »
A former police sergeant and a New York attorney are being charged with stealing $4.7 million from investors using an elaborate real estate scam. James Monahan, who worked for the New York Police Department from 1994 to 2005, and Edward Adams of Obermayer & Adams in Manhattan, claimed to be building a condominium ... Continue Reading »
WASHINGTON -- Average U.S. rates for 30-year and 15-year fixed mortgages fell to record lows for the third straight week. The steady decline has made homebuying and refinancing more affordable than ever for those who can qualify. Mortgage buyer Freddie Mac says the rate on the 30-year loan dipped to 3.79 percent. That's ... Continue Reading »
There's nothing quite like the lure of an open house sign. Granted, you might not be in the neighborhood (or tax bracket) for many of these outstanding properties, but there's still plenty to admire -- even from the comfort of your swivel chair. From coast to coast, and everything in-between, we lay down the welcome mat ... Continue Reading »
We've seen plenty of cases of homeowners displaying brazen disregard for their neighbors. There was a resident who tried to sabotage the sale of a home next door by trumpeting all the reasons why he'd be an awful neighbor, for example, as well as a man in Australia who erected an outdoor sculpture of a hand with an ... Continue Reading »
Ryan Seacrest, host of American Idol, has officially purchased talk show host Ellen DeGeneres's Beverly Hills estate for $37 million. DeGeneres originally asked $49 million for the 3-acre property, which has a 9,200-square-foot main house, three guest houses, an outdoor pool, covered lounging and dining areas, and ... Continue Reading »
Rick Judson, owner of Evergreen Development Group, recalls the bottom of the housing crisis when home construction had plunged by more than 80 percent in some states, and many builders had either lost their jobs or were barely hanging onto them. Well, good news, he says: For many builders, those days are over. "The ... Continue Reading »
