NYC's Steampunk Loft Loses The Steampunk (House of the Day)

Our favorite steampunk loft in New York City has lost all of the, well, steampunk. Continue Reading »

Spring Cleaning: Essential Tips for Homeowners

By Pat Mertz Esswein, Kiplinger's Personal Finance As you go about your annual spring-cleaning ritual, take a few additional steps to save money on energy bills this summer, improve your home's appearance and ward off big-ticket repairs later. Here are 18 things for you (or the handyman) to tackle now to help... Continue Reading »

Best Cities for Sports Fans

Not all cities are created equal, and some cities are certainly better than others when it comes to sports. The more major league sports teams a city has, the more a it has to offer to those who love the game. Additionally, the more successful a team, the happier its fans become. With this in mind, 24/7 Wall... Continue Reading »

House of the Day: Malibu Short Sale With a Steep Price Drop

Think the high-end of the market hasn't been felled by the economic downturn? Guess again. Here's a lovely four-bedroom contemporary home in Malibu, Calif., that is now being offered as a short sale with a recent price drop of $1 million. Ouch. The 5,000-square-foot home is now listed at $2.85 million,... Continue Reading »

Bruce Willis Lists His Idaho Ski Retreat

Actor Bruce Willis is a fixture on the Sun Valley Idaho real estate scene, owning multiple properties in the ski resort area. He's about to own one less though, having just put his 20-acre, lakefront ranch on the market for $15 million. Willis' agent, Janine Bear with Sun Valley Sotheby's International... Continue Reading »

The New Homeless: Living Behind the Wheel

During the Great Depression, people who were forced to live in their cars were known as "Ford families." Today, they go by the far more impersonal name of the "vehicular homeless," and you can count 45-year-old Carey Fuller and her two daughters, 8 and 17, among them. The Fullers (pictured above) became... Continue Reading »

House of the Day: French Norman, Now Remove Your Shoes

There are some architectural styles that just dictate my behavior. For instance, whenever I see a French Norman estate, I feel like I should lower my voice to a whisper and put paper slippers over my shoes before I traipse on in. This is one of those places. Located in Bel-Air, a Los Angeles community of... Continue Reading »

Divorcing? Don't Do What Demi May Have Done

Let's preface this by saying Demi Moore didn't call us to consult on her plan to divorce Ashton Kutcher (or anything else for that matter). So we really don't know about any existing or non-existing pre-nups, legal agreements or much of anything else that transpired in their marriage and pre-divorce... Continue Reading »

Joe Paterno's Real Estate Transfer: Suspicious or Not?

Why would former Penn State football coach Joe Paterno transfer ownership of his house, worth $594,484, to his wife for $1 in July, unless he knew that he was about to be drawn into the college's sex-abuse scandal, with potential civil lawsuits and damages heading upfield toward him? While his lawyer told The... Continue Reading »

Former Citigroup CEO Sandy Weill's Central Park Penthouse Hits Market at $88 Million

Let's just say it: If there is such a thing as a bad time to be rich, it's definitely now. According to the Wall Street Journal, Sanford I. Weill, a one percenter who is the former chairman and chief executive of Citigroup Inc., has listed his postwar Central Park West penthouse in Manhattan for $88 million,... Continue Reading »

House of the Day: 1932 Contemporary That's Held Its Looks

Built in 1932 for the renowned American muralist Ezra Winter, this 8,000-square-foot house/studio in Northwestern Connecticut is the housing equivalent of Suzanne Sommers -- it is simply age-defying. Now listed for $3.45 million, the 82-acre estate has had some touch-ups through the years -- the studio was... Continue Reading »

Viewpoint: Housing Is Ghost Issue in Presidential Race

When it comes to the housing crisis, it's not what the GOP candidates have said but what they're not saying. The housing and foreclosure crisis has been pretty much invisible in the presidential race, playing stepchild to the issue of what to do about all those unemployed people and the pesky fact that nobody... Continue Reading »

Bid on Britney Spears' Rental -- But Not Too Low

Obviously some people think that the best way to market a property is to maximize the fact that someone famous -- in this case Britney Spears -- once lived here. For the record, she leased this place for about two years ending earlier this year, but never owned it. And equally obviously, some people think... Continue Reading »

Dennis Quaid or Ozzy Osbourne: Who's Ready to Sell?

First we have Mr. Heavy Metalist and Mrs. Osbourne (pictured at far left) occupying perfectly good space in the MLS with their Malibu home -- previously listed in June at $9.5 million -- back on the market at a "reduced price" of $9.45 million. That's $50,000 off nearly $10 million. Big whoop. And the very next... Continue Reading »

Ozzy Osbourne Re-Lists Malibu Home, Again and Again

Who was it that said that the definition of insanity is to repeat the same action and expect a different outcome? Continue Reading »

Ultimate Conversion? From Nuclear Plant to Amusement Park

Re-purposing has certainly become the buzzword of the day. We've had former grain silos turned into homes, as well as a military base, a post office and even the Watchtower printing press in Brooklyn is now a condo complex. But taking a sidelined nuclear plant and making it into a theme park may be pushing the... Continue Reading »

House of the Day: A Sparkling Waterfront Condo for Much Less

Many investors have Miami Beach in their sights, so we thought we'd do a little bargain-hunting ourselves. We turned up this uber-sophisticated 20th-floor condo on Miami Beach's Millionaires' Row with a price tag of $1.2 million. At the market's peak, it would have been listed at least 30 percent more. Continue Reading »

5 Reasons Why Real Estate Deals Collapse

Almost a third of the escrows that open today fall apart, a disheartening fact for buyers, sellers and agents -- but mostly sellers, who often have been waiting a good long while for a viable buyer to come down the pike. The good news is that we know why deals are imploding and have some solutions: Continue Reading »

College Town Real Estate Investments Score High Marks

The closest thing to a sure bet in real estate may be going to college. Investments in college towns -- places where the community is shaped by a university's presence -- have done well while other niches in the housing market have, for the most part, fallen off the Dean's List. It comes down to the basic law... Continue Reading »

Why Are So Many Real Estate Deals Falling Apart?

It's been hard enough just to find a buyer for your house. Now the challenge is to drag them across the finish line. Only two-thirds of opened escrows close on time and 16 percent of the deals fall apart without closing. Of agents polled in June by the National Association of Realtors, one in six reported... Continue Reading »

Patricia Heaton's Industrial-Chic Condo For Sale, Again

Everyone may love Raymond, but not everyone may love Patricia Heaton's West Hollywood condo. It's back on the market at a lower price than it was two years ago when it didn't sell. What's that they say about if at first you don't succeed, try, try again? Ten years ago, Heaton and her actor/producer husband... Continue Reading »

Joe Biden: Secret Service Covers His Rental Too

Managing income property is the bane of many a landlord's existence. But Vice President Joseph R. Biden Jr. has locked in a tenant, on the cottage next to his waterfront home, that likely won't be bouncing checks or moving out any time soon: The U.S. Secret Service detail that's hired to protect him. To recap:... Continue Reading »

House of the Day: 50 Rooms of Handcrafted History

Generally when somebody screams "Once in a lifetime opportunity!" in our direction, we think about the proverbial snake oil salesman and hurry our pace away. This time, that somebody means it. This 50-room mansion was designed by famed Boston architects Peabody and Stearns during Boston's most notable era in... Continue Reading »

Case-Shiller Index: 3 Reasons to Blow It Off

We like to panic as much as the next homeowner, but reading the proclamations each month uttered by the Great Gods of Real Estate -- Case and Shiller -- is simply growing wearisome. Nobody really knows what to make of all the contradictory statistics and reports about home sales and prices that are released... Continue Reading »

House of the Day: A Mini-Vegas -- Taken to the Max

There's an adult toybox posing as a house for sale in the Los Angeles County town of La Habra Heights. It has its own casino with restored slot machines plus a swimming pool with rings of fire and an underwater observation lounge. Originally listed last year at $21 million, the price is now a mere $7.8... Continue Reading »

Protesters 'Liberate' Foreclosed Homes

When Virginia Henry bought her boarded-up and abandoned Rochester, N.Y., home in December 2007, she saw potential where others were blind to it. The house, a short sale, became her home to live in and care for, she said. She plopped down her $20,000 and filed her paperwork for a loan program that would pay... Continue Reading »

'Carmaggedon' Be Damned: The Open House Will Go On

Neither rain nor sleet nor hail nor freeway closures shall stop the mighty Realtor from his or her appointed rounds. While officials are predicting dire traffic consequences from the planned closure of a 10-mile stretch of Los Angeles' 405 freeway for 53 consecutive hours beginning tonight, most real estate... Continue Reading »

6 Cost-Saving Reasons to Buy New Construction

Buying a newly built house costs more -- even with all the builder incentives thrown in. The National Association of Realtors reports that the median price for existing homes in May was $166,700. The Census Bureau says the median home price for new homes was $222,600 -- or 33.5 percent higher. The price gap... Continue Reading »

House of the Day: NYC Townhome Gets Spa Treatment

Calling Mark Spitz: Maybe you don't need to be an Olympic swimmer to want to have a 26-foot-long pool inside your Manhattan townhouse, but this one on West 15th Street will certainly attract those with a penchant for the water. Listed at $10,995,000, the 22.5-foot wide Chelsea home has five floors. The pool,... Continue Reading »

House of the Day: A Naturally Spectacular Rancho

The problem with most ranches, at least for this city slicker, is that they look so, well, ranch-y. The Mill Creek Ranch in Red Bluff, Calif., just listed at $29.5 million, would be a spectacular Spanish-style home no matter where you built it. Having it on more than 25,000 deeded acres and surrounded by the... Continue Reading »

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