real estate

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Man Gets Bargain Oceanfront Home, With a Big Catch
Man Gets Bargain
Oceanfront Home,
With a Big Catch
in case you missed it

Man Gets Bargain Oceanfront Home, With a Big Catch

Coastline in front of Cape Cod home is rapidly eroding

(Newser) - A Pittsburgh resident who has vacationed on the Massachusetts coast for years has bought an oceanfront property at a bargain price—but it could be only a matter of time until it falls into the ocean. The home that David Moot owns in Eastham, Cape Cod, is just 25 feet...

Michael Jordan's Home Has a Unique Asking Price
There's a Reason for $14.855M
Asking Price on Jordan Home
in case you missed it

There's a Reason for $14.855M Asking Price on Jordan Home

Add up those numbers in the price tag, and you get 23, basketball star's jersey number with the Bulls

(Newser) - In Illinois' Highland Park, about an hour outside Chicago, a luxury home on the market has a very specific asking price that goes three digits past its million-dollar decimal point. Per Zillow , the nine-bedroom, 19-bath, 32,000-square-foot estate, located on seven acres at 2700 Point Lane, is owned by none...

Half a House on Sale for Half a Million

Southern California property has an 'open-concept floor plan' after being crushed by tree

(Newser) - Newly listed for sale in Southern California's notoriously pricey realty market: half a house for half a million dollars. The one-bedroom, one-bathroom bungalow in suburban Monrovia, northeast of Los Angeles, was crushed by a tree in May with two renters and two dogs inside. There were no injuries, but...

10 Best, Worst Real Estate Markets in US

McKinney, Texas, comes out as No. 1 in WalletHub ranking

(Newser) - The best two real estate markets in the nation are in the Dallas metro area, according to a new WalletHub assessment. The cities of McKinney and Frisco, Texas, finish 1-2 in the rankings, which used factors such as home values, price appreciation, days on the market, share of "underwater"...

Musk Starts to Foreclose on Gene Wilder's House

Billionaire who lent $6.7M to buyer is now moving to foreclose on the property

(Newser) - When Elon Musk announced he was selling his homes in 2020, he had one stipulation for the longtime residence of the late actor Gene Wilder: "It cannot be torn down or lose any [of] its soul." The 2,800-square-foot home overlooking the Bel-Air Country Club, purchased by Wilder...

As Big Changes Take Effect, Realtors Brace

Major NAR settlement changes the rules in how we buy and sell homes as of Saturday

(Newser) - Beginning Saturday, a sea change goes into effect for those looking to buy or sell homes, and the real estate agents on either side of the deal—and the latter group may be clutching their pearls and perhaps dusting off resumes. In what CNN calls a "seismic shift" in...

Real Estate Titan Brothers Accused of Sex Assault Pattern

Allegations against twins Alon and Oren Alexander, and their brother, Tal, go back 20 years

(Newser) - For years, the Alexander brothers were among the giants of luxury real estate in the US. When billionaire Ken Griffin shelled out $240 million for a New York City penthouse in 2019—then the most expensive residential sale in the US—it was Tal and Oren Alexander who helped broker...

A Megamansion Backlash Appears to Be Growing

Wall Street Journal reports towns across the US are imposing, or at least considering, size restrictions

(Newser) - In East Hampton, New York, big-box stores are capped at 15,000 square feet. Personal homes, though, can go up to 20,000 feet. It's a point made by the planning director of the municipality, where a working group has proposed cutting the biggest-allowable house size in half, to...

This Historic Kentucky Home Is Selling for Big Bucks

Pink residence in Louisville was childhood home of Muhammad Ali

(Newser) - The pink house where Muhammad Ali grew up dreaming of boxing fame—and where hundreds of fans gathered for an emotional send-off as his funeral procession passed by decades later—is for sale. The two-bedroom, one-bathroom house in Louisville was converted into a museum that offered a glimpse into the...

Full House Home Hits the Market for $6.5M

San Francisco Victorian was used for exterior shots in ABC sitcom

(Newser) - One of the most famous homes on TV is on the market. The four-bedroom, 3.5-bath Victorian located at 1709 Broderick St. in San Francisco—best known as the exterior of the home where the Tanner family lived in the ABC sitcom Full House—is for sale for $6.5...

Bay Area Lot Is Relatively Cheap, but There's a Catch

It turns out that 610 Grand Street in Alameda is underwater, literally

(Newser) - He surely thought he got the deal of a lifetime: A California pastor scooped up a lot with the official-sounding address of 610 Grand Street in Alameda for a relatively cheap $300,000 at auction, reports SFGate . Then he sent his realtor to take photos, only to learn that 610...

For Sale: Home Alone House
For Sale: Home Alone House

For Sale: Home Alone House

Got $5.25M? 'A piece of cinematic history' could be yours

(Newser) - Presumably Macaulay Culkin won't get left behind this time, but the house where his 1990 breakthrough film Home Alone was filmed is now on the market for the first time in a dozen years, reports CNN . Located in the Chicago suburb of Winnetka, Illinois, the house was the turf...

Who Wants to Live in a Lighthouse?
For Sale:
1897 Lighthouse

For Sale: 1897 Lighthouse

At Virginia's Smith Point Lighthouse, you don't even have to change the lamp

(Newser) - You'll get 360-degree views of Chesapeake Bay and plenty of privacy on your very own island. The catch, apart from crabs? You'll be living in a lighthouse. Smith Point Lighthouse, some 2.5 miles off the shore of Reedville, Virginia, at the mouth of the Potomac River, is...

Locals Attempt to Buy $14M Island by Chipping In $1K Each

Crowdfunding group wants to share local haunt nicknamed 'Beer Can Island'

(Newser) - A privately owned island off Tampa Bay is up for sale, and though the going price is $14 million, a group is trying to crowdfund joint ownership with a $1,000 buy-in price. According to News 6 , the nine-acre Pine Key on Paradise Island is a manmade island created by...

Report Illustrates How Sharply Home Costs Have Risen

Americans need to earn six figures in 23 states and territories to afford a house

(Newser) - Anxiety over the US housing market's surging prices is summed up succinctly in a new report from Bankrate . They write that since 2020, the number of households needing to earn six figures to afford a home has skyrocketed from seven states and territories to 23 today. The five highest:...

It's Cheaper to Rent Than Buy in Every Big US Metro Area

Realtor.com takes note of the metric in the 50 largest metropolitan areas

(Newser) - It's a housing market milestone: Renting now beats buying in all 50 of the biggest metro areas in the US, a new report by Realtor.com says. Quartz helps break down the findings:
  • Last year, residents in 45 of the biggest 50 metro areas fared better through renting, but
...

Replica Disney Haunted Mansion Up for Grabs

Georgia home based on the plans for the original listed for sale for $2.2M

(Newser) - Disney fans have a shot to live in what is essentially a carbon copy of one of the most popular attractions at Disneyland. It's a replica of the Haunted Mansion, though this mansion can be found on the other side of the country in Duluth, Georgia, a suburb of...

New Realtors' Settlement 'Will Blow Up the Market'

National Association of Realtors agrees to $418M deal that will slash commissions to settle suits

(Newser) - The National Association of Realtors has signed off on a huge deal that some say "will blow up" the housing market. The New York Times has seen a copy of the $418 million settlement that would get rid of the standard 5% or 6% commission fee for real estate...

'World's Most Deeply Indebted Developer' Ordered to Liquidate

China Evergrande has more than $300B in liabilities and can't repay its debts, per judge

(Newser) - A court in Hong Kong on Monday ordered China Evergrande to be liquidated, in a decision that marks a milestone in China's efforts to resolve a property industry crisis that has rattled financial markets and dragged the entire economy down, per the AP . Here's what happened and what...

White House: Sorry, Putin, Alaska Isn't Up for Grabs

Decree signed by Russian president on going after property overseas spurs speculation on 49th state

(Newser) - It's clear that Vladimir Putin has his sights set on absorbing Ukraine back into Russia's fold, but he may also be eyeing a prime piece of property in the US: Alaska. Last week, the Tass news agency reported the Russian president signed a decree that will dole out...

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