Real Estate

10 Beautiful Small Towns in America Worth Moving To Today

10 Beautiful Small Towns in America Worth Moving To Today

by Ryan Castillo | RedFin.Com Troy Warren for CNT #RealEstate Are you looking to escape the hustle and bustle of city life? Does the idea of a laid-back lifestyle sound appealing to you? If you answered yes, then you should consider moving to a small town. Small towns across the US offer access to the outdoors, local shopping, and most importantly peace, quiet, and privacy that is rare in a big city. If this lifestyle sounds like something you’re interested in, we compiled a list of 10 beautiful small towns in America that you can move to today. From the beautiful Hawaiian…
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Phoenix: Metro Phoenix’s home prices poised to hit new record. Where are they climbing the fastest?

Phoenix: Metro Phoenix’s home prices poised to hit new record. Where are they climbing the fastest?

Catherine Reagor | Arizona Republic Troy Warren for PhoenixNewsAndTalk.Com #RealEstate   Metro Phoenix’s hot housing market cooled a few degrees during the summer, but prices are climbing again. The Valley’s median home price is expected to have hit $410,000 in September and climb to a new record of $415,000 by mid-October, according to the Arizona Regional Multiple Listing Service’s analysis of pending sales. The price increases are coming even as the supply of homes for sale continued to tick up and sales dipped slightly in August. That combination of slowing indicators had been keeping the Phoenix-area median home price hovering around $405,000…
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Los Angeles: Hot Real Estate Market Culver City Is Now “One of the Content Capitals of the Globe”

Los Angeles: Hot Real Estate Market Culver City Is Now “One of the Content Capitals of the Globe”

BY HADLEY MEARES | HollywoodReporter.Com Troy Warren for LosAngelesNewsAndTalk.Com  #RealEstate Amazon Studios, WarnerMedia and TikTok have all taken office space in the city in the past four years, with Apple recently announcing a 550,000-square-foot headquarters. In 1995, Adam Lilling, founder and managing partner of PLUS Capital, a venture advisory firm that helps talent invest in startups and build brands, moved into an office in Culver City, whose glory days as the home of MGM and RKO were long past. “The office we were in always leaked — if it rained you had problems,” he recalls. “You just drove to work and…
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Housing Market Update: Homebuyer Demand and Sellers’ Asking Prices Get a Late-Summer Boost

Housing Market Update: Homebuyer Demand and Sellers’ Asking Prices Get a Late-Summer Boost

by Tim Ellis | RedFin.Com Troy Warren for CNT #RealEstate   Home sale prices likely have room to grow as ultra-low mortgage rates lure more buyers to the market. Early homebuyer demand reached the highest point in at least three years during the week ending September 19, according to Redfin’s Homebuyer Demand Index, which measures requests for home tours and other home-buying services from Redfin agents, adjusted for seasonality. Mortgage purchase applications also increased 2%, on top of an 8% increase the prior week. During the four-week period ending September 19, most other housing market measures showed a typical late-summer seasonal decline with…
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Home Sales Fell 6% in August, the First Annual Decline in 15 Months

Home Sales Fell 6% in August, the First Annual Decline in 15 Months

by Tim Ellis | RedFin.Com Troy Warren for CNT #RealEstate   However, home prices were up 16%, and new listings posted their first year-over-year decline since February, which could signal a tightening market. The median price of homes sold in August was $380,271, up 16% from a year earlier, the lowest growth rate since February. August marked the 13th consecutive month of double-digit price gains. “When it comes to home prices in this market, what goes up stays up,” said Redfin Chief Economist Daryl Fairweather. “That’s especially true in the Sun Belt; home prices are up more than 20% from last year…
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Los Angeles: Tiffany Haddish, Issa Rae and Other Industry Locals on South L.A.’s Gentrification: “A Blessing and a Curse”

Los Angeles: Tiffany Haddish, Issa Rae and Other Industry Locals on South L.A.’s Gentrification: “A Blessing and a Curse”

BY KIRSTEN CHUBA | HollywoodReporter.Com Troy Warren for LosAngelesNewsAndTalk.Com #RealEstate   The rapidly changing, historically Black area is seeing home prices spiking as development is on the rise: "It's gotten very white." For more than 100 years, South Los Angeles has been home to a largely Black and brown population, rooted in a history of redlining and segregation that kept nonwhite residents below Washington Boulevard. Los Angeles is “terribly bifurcated by race,” says entrepreneur Prophet Walker, a native of South L.A. “And that’s all a remnant of redlining.” These days though, the area looks a little different. As native Tiffany Haddish says, “It’s gotten…
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Housing Market Update: 9% Increase in Pending Home Sales is Slowest Growth Since June 2020

Housing Market Update: 9% Increase in Pending Home Sales is Slowest Growth Since June 2020

by Tim Ellis | RedFin.Com Troy Warren for CNT #RealEstate   Homes are also taking longer to sell. Still, prices are up 15% from a year ago. Pending home sales rose 9%, the slowest growth since June 2020, while the actual number of pending sales fell to the lowest level since April 2021. More home sellers have started slashing their prices—another sign of softening seasonal homebuyer demand. Still, prices remain elevated, up 15% from a year earlier. “The housing market has clearly become slightly more favorable to buyers,” said Redfin Chief Economist Daryl Fairweather. “Homes are taking longer to sell, which gives…
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Los Angeles: Condo’s $13M Sale Sets Local Record

Los Angeles: Condo’s $13M Sale Sets Local Record

BY DEGEN PENER | HollywoodReporter.Com Troy Warren for LosAngelesNewsAndTalk.Com #RealEstate The Pendry Residences West Hollywood — which feature private pools and dedicated elevators — offers a luxury-to-the-max take on Southern California indoor-outdoor living. At the beginning of the pandemic, the appeal of residential towers plummeted as people sought extra personal space. Cut to summer 2021, and condo sales are on the rise in L.A., led by the recent sale of a two-bedroom, 2,681-square-foot unit — with an outdoor terrace that’s bigger than the condo’s interior — at the new Pendry Residences West Hollywood for $13 million. At $4,848 a square foot, that’s a new…
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Housing Market Update: 5% of Home Sellers Dropped Their Price in Recent Weeks

Housing Market Update: 5% of Home Sellers Dropped Their Price in Recent Weeks

by Tim Ellis | RedFin.Com Troy Warren for CNT #RealEstate   As demand eases and sellers adjust their price expectations, the housing market is slowly aligning to typical seasonal patterns. The average share of homes with price drops each week is rapidly climbing during a time of year when it is usually relatively flat. This measure has now passed 5%—its highest level since the four-week period ending October 10, 2019. That said, home prices are still rising and homes are selling very quickly, just slightly slower than before. Homebuying demand remains strong and the market is tipped heavily in sellers’ favor.…
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Paris Hilton, Carter Reum Buy Oceanfront Malibu Getaway

Paris Hilton, Carter Reum Buy Oceanfront Malibu Getaway

BY JAMES MCCLAIN, DIRT.COM Troy Warren for CNT #Celebrity #RealEstate The couple paid $8.4M for the nearly 3,000-square-foot house, which the late Universal Pictures chairman Tom Pollock once owned. When the pregnancy rumors become too tedious or selecting those 10 wedding dresses for her upcoming nuptials becomes too stressful, Paris Hilton can now escape from her longtime Beverly Hills stronghold to the more laidback beach community of Malibu. Records reveal America’s favorite hotel heiress-turned-socialite-turned-business mogul and her fiancée Carter Reum — a venture capitalist and son of the late tycoon Robert Reum — have plunked down $8.4 million for an oceanfront house on desirable La…
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