Posts with tag news

Require 20% Down on a House? Hong Kong Tried That

As U.S. regulators fool with the idea that homebuyers should put 20 percent down on home purchases, they need only look across the sea to see what happen when a similar plan was put in place in Hong Kong recently: Sales at 10 of the island-nation's largest home developments fell almost 60 percent the week after the... Continue Reading »

Is This the Most Expensive Rental Ever?

Leave it to London. Just six months after telling you about the world's most expensive apartment for sale, we bring you news of what may be the most expensive rental, also in that city: a penthouse in the toniest part of town that's letting for the equivalent of $65,000 a week. The 10,000-square-foot penthouse flat is... Continue Reading »

House of the Day: Converted Military Base Listed at $6.3M

We just love the mystery and intrigue that surrounds this 53,000-square foot (yes, you read that right) Hollywood Hills house that once functioned as a secret research facility for the military. Now a private residence, it is listed for sale at $6.3 million. This is one of those legendary properties where it's hard to... Continue Reading »

Cabins in Aspen, Free for the Taking (Almost)

It's one thing when the city of Detroit gives away homes for just $1,000 down, but chic Aspen? Aspen is apparently struggling to get rid of three historic cabins. The catch: The owner must move them. Estimates are that it will cost about $10,000 to $20,000 to relocate each of the historic cabins that the city of Aspen,... Continue Reading »

Can You Guess Whose House This Is?

The Beverly Hills estate of Armand Marciano, the co-founder of Guess? Inc., just came on the market at $63 million, which is a lot of jeans, no matter who's doing the zipping. The 30,000-square-foot Mediterranean estate has a total of 10 bedrooms and 22 bathrooms, according to the MLS. It sits on nearly 20 acres. This... Continue Reading »

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