One of the last undisturbed sprawling estates and virgin tracts of land remaining on the Gold Coast has just sold. Listed by Maria Babaev of Laffey Fine Homes, the property boasts almost 22 acres of lush gentle landscapes – the picture perfect location to create a superior private enclave for a select few of the [...]
Mark Zandi, the chief economist of Moody’s Analytics, says he feels the United States is “nowhere near” a housing market recovery but predicts the earliest we’ll see a rise in home prices will be at the end of 2012, according to a recent article in Reuters. “We’re still in the housing crash,” he says. Currently, [...]
Holmby Hills, California—The change in ownership of The Manor is now complete. Today heiress Petra Ecclestone, 22, closed on the property built by entertainment royalty Candy and Aaron Spelling. Rick Hilton and David Kramer of Hilton & Hyland Real Estate represent Ecclestone. Hilton and Jeffrey Hyland of the same firm share the listing with Sally [...]
International Fine Art Expositions (IFAE), organizers of the highly anticipated Art Newport, recently announced highlights of the Fair, which began on June 30. The inaugural event aboard the 228-foot floating exhibition venue, SeaFair—America’s Megayacht Venue—will stop at various locations and include international galleries from countries across the globe including North America, Great Britain, France, The Bahamas [...]
Rare “Persiana” doors and “floating stairs” set the stage for this Mid-Century Florida Modern “paradise estate” that lies on one of the largest properties on the South Coral Gables Waterway. Originally built in 1951, this luxury Miami waterfront was meticulously restored and expanded in 1982 while leaving intact the original structure and its Alfred Browning [...]
“Cove House,” an elegant French Norman-style estate abutting Scott’s Cove in Darien, Conn., with access to the Long Island Sound and less than an hour from New York City, was sold at auction on Saturday, June 25, Concierge Auctions announced. The sale marks the highest residential sale this year to date in the Darien Multiple Listing [...]
Among recent news of celebrities putting their lavish mansions on the market, actress Jennifer Aniston recently sold her restored Beverly Hills estate, according to a recent article in the Los Angeles Times. The Trousdale Estates home—which encompasses nearly 10,000 square feet of living space on one acre—was originally listed for $42 million, but real estate [...]
This Week’s Top of the Tweets By Camilla McLaughlin Local markets on the mend. No where are there better signs that the bottom has been reached than in local markets. Even in the Detroit region, “something is happening,” reports @coldwellbankr. In a post on the company’s blog, Coldwell Banker Blue Matter, CEO Jim Gillespie reports [...]
By Mark Moffa Managing Editor Do you know Gahlord Dewald? He’s a web strategist, and runs a company called Thoughtfaucet. He writes a weekly column for Inman News, and I just read his July 5 post. In it, he makes an important point that I think is getting lost in the social-media-driven world of today: [...]
Mortgage technology company FNC recently introduced new advancements to residential price trend reporting with their Residential Price Index (RPI)—the industry’s first hedonic price index built on a comprehensive database blending public records with real-time appraisals of property and neighborhood attributes. This past April, FNC revealed that home prices throughout the United States showed notable improvements [...]
