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Real Estate News

Record-breaking $90 million penthouse sale in N.Y.

What real estate downturn? A two-level penthouse with sweeping views of Central Park just sold for more than $90 million — a record price for New York, according to the New York Times.What real estate downturn? A two-level penthouse with sweeping views of Central Park just sold for more than $90 million — a record price for New York, according to the New York Times.

Celebrity Real Estate: Seacrest and Ellen deal

The big real estate news in celebrity circles? Ellen DeGeneres finally sold her home, selling it to fellow star Ryan Seacrest, and Jennifer Aniston and Justin Theroux are renting in Beverly Hills while their modern home is renovated.The big real estate news in celebrity circles? Ellen DeGeneres finally sold her home, selling it to fellow star Ryan Seacrest, and Jennifer Aniston and Justin Theroux are renting in Beverly Hills while their modern home is renovated.

Cities where jobs in manufacturing pay the most

Not all manufacturing jobs are created equal -- and certainly not manufacturing pay. According to a new study released by Brookings’ Metropolitan Policy Program, manufacturing wages differ widely between large cities.Not all manufacturing jobs are created equal -- and certainly not manufacturing pay. According to a new study released by Brookings’ Metropolitan Policy Program, manufacturing wages differ widely between large cities.

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The condo that's home to 'Fifty Shades of Grey'

Banned, embraced and parodied for its graphic sexual content, "Fifty Shades of Grey," is fiction, but the home much of it takes place in is real. A luxury condominium in Seattle.Banned, embraced and parodied for its graphic sexual content, "Fifty Shades of Grey," is fiction, but the home much of it takes place in is real. A luxury condominium in Seattle.

Mortgage rates still falling, hit record lows
Mortgage rates have continued to fall over the past week, setting record lows for both 30-year and 15-year contracts, mortgage giant Freddie Mac said Thursday. The 30-year benchmark now stands at 3.79 percent, down from 3.83 percent a week ago, with an average "point" fee of 0.

Back from foreclosure to homeownership

Daniel and Robin Akerman inspect their new house after buying in short sale in Pensacola, Fla.When Jennifer Anderson's family could no longer afford their mortgage and lost their home, she expected many years to pass before they would again become property owners.

Housing starts rev up, although permits slip

The nation's homebuilders broke ground on a higher-than-expected number of homes in April, laying the foundation for what could be an improving housing market after a long housing slump. The nation's homebuilders broke ground on a higher-than-expected number of homes in April, laying the foundation for what could be an improving housing market after a long housing slump.

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Mortgage delinquency rate hits four-year low
The delinquency rate on U.S. home mortgages fell in the first quarter to the lowest level since 2008, though the share of homes in the foreclosure process inched higher.

Listing of The Week: A 'Hobbit House' at Lake Tahoe

885 Hill Lane, Lake Tahoe, Nevada For sale: $3,700,000 When Paul Arnold and his wife Elizabeth decided to build their custom home, they wanted something beyond fun. They wanted something fantastic. Hence, "The Hobbit House" was born.885 Hill Lane, Lake Tahoe, Nevada For sale: $3,700,000 When Paul Arnold and his wife Elizabeth decided to build their custom home, they wanted something beyond fun. They wanted something fantastic. Hence, "The Hobbit House" was born.

California cities lead fastest-growing housing markets
Nationally, home prices are projected to decline 4 percent by the end of this year, according to Fiserv Case-Shiller’s latest projections. The country’s largest population centers will not escape this fate.

Celebrity homes: Billy Joel, Babe Ruth, Bristol Palin

This week in celebrity real estate: Billy Joel listed his house for sale in Miami. Bristol Palin sold her house in Maricopa, Ariz. And a home that Babe Ruth once owned near Boston is on the market.This week in celebrity real estate: Billy Joel listed his house for sale in Miami. Bristol Palin sold her house in Maricopa, Ariz. And a home that Babe Ruth once owned near Boston is on the market.

Slideshow: What home buyers can get for $350,000

Each week, TODAY real estate expert Barbara Corcoran looks around the U.S. to see what home buyers can get for their money. Each week, TODAY real estate expert Barbara Corcoran looks around the U.S. to see what home buyers can get for their money.

Homeowners may need to brighten up to sell
TODAY's real estate expert Barbara Corcoran discusses how using bright colors in your home decorating can help attract buyers to your home.

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Mortgage rates keep dropping, hit record lows
Average U.S. rates for 30-year and 15-year fixed mortgages fell to fresh record lows this week. The 30-year loan ticked down to 3.83 percent, the lowest since long-term mortgages began in the 1950s.

For sale: Home where 'Deep Throat' was filmed

There are homes where famous films were shot that still enjoy a kind of real estate celebrity status all their own. There are homes where famous films were shot that still enjoy a kind of real estate celebrity status all their own.

Listing of the Week: An A-list Hollywood party pad

Talk about a house that deserves an Academy Award for set design. This place has everything and more when it comes to a rockin' Hollywood party, including a two-story disco.Talk about a house that deserves an Academy Award for set design. This place has everything and more when it comes to a rockin' Hollywood party, including a two-story disco.

Wells Fargo may face fair lending claims
Wells Fargo could face civil charges from the U.S. Department of Justice under laws that prohibit discrimination against minority homebuyers, the bank disclosed on Tuesday. 

Own an Irish island for less than $1 million

It's name is lyrical and it's price tag... For less than half the price of an Aston-Martin One-77, you can buy your own private island in Northern Ireland.It's name is lyrical and it's price tag... For less than half the price of an Aston-Martin One-77, you can buy your own private island in Northern Ireland.
 
 
 

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Original contents copyright © 2009 Sean McKillion. All rights reserved.