Sunday, 26 January, 2020

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Tag: Real Estate News


Whether for the Super Bowl, action-packed blockbusters, or acclaimed foreign films, these media rooms have the top-tier components, specially designed lighting, and comfortable furnishings that ensure you and your friends have the best seats in the house. Light-Filled Contemporary Palm Beach Gardens, Florida | Patricia Mahaney & JB Edwards, Sotheby’s International Realty – Palm Beach Brokerage This breathtaking six-bedroom contemporary home in the Old Read more…


Is it the end of summer loving in Brentwood for John Travolta? The actor and his wife, actress Kelly Preston, have quietly sold their longtime home in the Los Angeles neighborhood in an off-market deal for $18 million. The buyer was a trust tied to big-time record executive Scooter Braun, who also owns the property next door. The fenced and Read more…


In a sunny living room with mirrored walls and French doors leading to a lush private patio, veteran TV director Howard Storm surrounds himself with precious photos, celebrating his life and career across eight decades. Storm directed episodes of classics such as “Laverne & Shirley” and “Everybody Loves Raymond,” but among the pictures on display his favorites are the 1978 Read more…


Pending sales of new homes are continuing their strength despite affordability and supply challenges. The New Pending Home Sales Index from industry advisory firm Meyers Research shows a rise of 12.5% rise year-over-year in December to a reading of 117.5. However, this was down 2.5% from November. “The US economy entered 2020 on a positive note after many top indicators Read more…


Mortgage rates forecast for February 2020 Mortgage rates started 2020 with a bang. The average 30-year mortgage rate hit a three-month low in late-January, touching 3.60% according to Freddie Mac. Can rates go lower? Some think so. Economic factors and world events are suppressing interest rate levels. But home buyers and refinancing homeowners shouldn’t become complacent. Rates could jump at Read more…


Doug Ellin, creator of the HBO drama series “Entourage,” is asking $7.995 million for a Beverly Hills Post Office home he bought five years ago from actor James Caan. That’s about $4.2 million more than he paid for it, records show. Coincidentally, the listing arrived two days before the sale of Encino’s “Entourage” house — a flashy Tuscan-style villa used Read more…


Richard Sharrocks A case before the Supreme Court has the power to dramatically reshape how the U.S. government polices financial fraud and other misdeeds against consumers — which many experts fear would weaken existing protections and expose the public to more harm. The case, which concerns the Consumer Financial Protection Bureau, could ultimately lead to the dissolution of the agency, Read more…


Highlights from this week’s top news stories on luxury and global real estate , art, collectibles, and home. Washington DC | Troy Patterson & Eric Nicholson, TTR Sotheby’s International Realty  The 10,134-square-foot two-story loft occupies the top two floors of the historic Pierce School building, a former schoolhouse built in 1893 that was converted into nine residential units in 2012. NBA Player Dwight Read more…


If the eyes are the windows to the soul, a door could be said to give a similar glimpse into a home’s personality. Though it may be just one detail amongst many, a front door creates a necessary barrier between the personal and the outside world, and allows homeowners to both welcome guests and retreat from public life. Likewise, interior Read more…


With its stunning Mediterranean architecture and sweeping city views, Whitley Heights has housed many Old Hollywood stars over the years. This 98-year-old home is a classic example of what the historic Hollywood Hills neighborhood has to offer, and it just came to market for $1.995 million. Listed for the the first time in three decades, the hillside hacienda boasts former Read more…


Alex Reading, 29, and Abhi Sanka, 25 were complete strangers when they each toured a five-bedroom home in Arlington, Virginia, a little over a year ago. But they decided to move in together, along with three other complete strangers. All of them had answered ads to rent one room in the home and share the common spaces. “It was perfect Read more…


A signature style emerges over time. Brothers Charles and Henry Greene were still evolving as architects in the early 1900s when they put their Arts and Crafts stamp on the Duncan-Irwin House in Pasadena. This predecessor of the famed Gamble House set a high bar for that later Craftsman landmark in terms of beauty and detail. Seamstress and dress designer Read more…


Forecast plus what’s driving mortgage rates today Average mortgage rates fell again yesterday, as we predicted. It wasn’t a huge drop. But it took them to new three-month lows, and keeps them firmly in the ultralow zone. So far this morning, markets seem to be taking a break from their more panicky Wuhan coronavirus worries. And some are regaining a Read more…


It’s a model that we are all familiar with: buy in bulk to receive a discount. One commercial real estate firm in New York is applying that to their loans. Eastern Union has launched a pooled loans division that promises to deliver below-market interest rates by pooling similar loans together and approaching lenders as a group when seeking financing. “Banks Read more…


Overall U.S. delinquency rates are at an all-time low at 3.6%, but according to the Annual Report on the State of the Default Servicing Industry from Altisource, servicing professionals expect the rates for certain loan types to grow—specifically FHA and private lender loans. Of the servicing professionals Altisource surveyed, 90% cited that their organization currently services FHA loans, up from Read more…