Real Estate

Aug
20
2021
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By Troy Warren
Paris Hilton, Carter Reum Buy Oceanfront Malibu Getaway

Paris Hilton, Carter Reum Buy Oceanfront Malibu Getaway

Celebrity, Real Estate, ,
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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Aug
19
2021
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By Troy Warren
Why buying property in your kid’s college town may be a smart move

Why buying property in your kid’s college town may be a smart move

Real Estate
By Zach Wichter, Bankrate.com Troy Warren for CNT #RealEstate Growing trend has parents buying property for kid to live in as both a way to cut costs and as an investment Room and board at school can be a major expense for students who go away to get an education. Jeffrey Decatur, a real estate agent with RE/MAX Capital in Latham, New York, said he’s seeing a growing trend of parents buying property for their children to live in during school as both a way to cut costs and as an investment. He spoke to Bankrate about this strategy, and talked…
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Aug
19
2021
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By Troy Warren
Atlanta: New Airbnb hosts in Atlanta made more than $8 million in first half of 2021

Atlanta: New Airbnb hosts in Atlanta made more than $8 million in first half of 2021

City News, Home & Garden, Real Estate, , ,
By Nancy Clanton, The Atlanta Journal-Constitution Troy Warren for AtlantaNewsAndTalk.Com If you’re considering listing your extra space as a haven for pandemic travelers, you live in the right city to succeed Do you have an extra room or guest house? You might want to consider putting it to work. Airbnb reported Wednesday that new hosts with only one listing earned millions in the first six months of 2021. Nationwide, Airbnb said in a press release, 60% of these new hosts were women who collectively made more than $83 million. Senior citizens — people 60 years or older — earned more than…
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Aug
14
2021
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By Troy Warren
Housing Market Update: Balance is Slowly Returning as Homebuying Demand Moderates

Housing Market Update: Balance is Slowly Returning as Homebuying Demand Moderates

Editors Picks, In The News, Real Estate,
by Tim Ellis and Taylor Marr | RedFin.Com Troy Warren for CNT #RealEstate   Nearly 5% of listings saw price drops, the highest level since 2019. Home sellers are increasingly realizing that the housing market is no longer heating up. The share of homes for sale with a price drop rose for the fifteenth consecutive week to 4.9%, a level last seen in 2019. Buyers may also be starting to notice that homes are staying on the market a little longer—a median 17 days—as more homeowners are listing their homes and at more realistic prices. Asking prices have eased back to where they…
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Aug
13
2021
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By Troy Warren
CAA Talent Agent Josh Lieberman Buys Paul R. Williams-Designed Brentwood Mansion, Lists 90210 Estate

CAA Talent Agent Josh Lieberman Buys Paul R. Williams-Designed Brentwood Mansion, Lists 90210 Estate

Real Estate, ,
BY WENDY BOWMAN, DIRT.COM Troy Warren for CNT #RealEstate #Celebrity The Brentwood residence, built in the 1930s for opera singer and actress Grace Moore, was also once owned by Tyrone Power. Pioneering Black architect Paul R. Williams — a favorite of Golden Age Hollywood elite and other assorted jetsetters — designed this stately 1930s manor for opera singer-actress Grace Moore and her husband, Spanish actor Valentín Parera. But the couple ultimately became disenchanted with Hollywood, fled the city and never actually lived in the Brentwood house — legendary actor Tyrone Power and his French wife Annabella were its first occupants, having bought the place soon after…
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Aug
11
2021
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By Troy Warren
Brooke Shields Ready To Part With Her Pacific Palisades Pad for $8.2M

Brooke Shields Ready To Part With Her Pacific Palisades Pad for $8.2M

Celebrity, Real Estate, ,
By Claudine Zap | Realtor.Com Troy Warren for CNT #RealEstate   The only thing between Brooke Shields and her Pacific Palisades home? A new owner. The former Calvin Klein jeans model and actress has put her woodsy retreat on the market for $8,195,000, Dirt reported. Shields purchased the rustic abode in 1989 for $2.47 million. So the star of “The Blue Lagoon” and “Endless Love” stands to clear some serious capital gains, should a deal pan out. Shields has long since relocated to New York City, splitting time between a West Village townhouse and Hamptons getaway. But she continued to hold on to her SoCal home and has…
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Aug
07
2021
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By Troy Warren
Housing Market Update: Homebuying Conditions Improve Slightly as Mortgage Rates Decline

Housing Market Update: Homebuying Conditions Improve Slightly as Mortgage Rates Decline

Real Estate
by Rachel Musiker | RedFin.Com Troy Warren for CNT #RealEstate The five-month streak of record-setting home prices has ended; supply is inching up.   At $362,750, the median home sale price did not set a new record high for the first time since early March. Instead it was flat (-0.2%) from the four-week period ending July 25 and up 18% from a year earlier. Trends for home prices, sales and new listings are starting to resemble the patterns we typically expect for this time of year, which is news after a year of unpredictable and insatiable demand for homes. Measures of…
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Aug
07
2021
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By Troy Warren
Austin: Soho House’s First Texas Outpost and 4 More New Hotspots to Check Out in Austin

Austin: Soho House’s First Texas Outpost and 4 More New Hotspots to Check Out in Austin

City News, Lifestyle, Real Estate, ,
BY LAURIE BROOKINS | HollywoodReporter.Com Troy Warren for AustinNewsAndTalk.Com #RealEstate  Spurred by "so many of our members moving there," the private club just opened in the Texas capital. SOHO HOUSE The members-only social club known for drawing stars to its splashy locations in L.A., London and New York has chosen Austin for its first Texas outpost. Situated between downtown and South Austin, the club opened in June with amenities that include 46 hotel rooms, a rooftop pool (above), a screening room and restaurant. “It was an obvious city for us — so many of our members were moving there from the West…
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Aug
07
2021
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By Troy Warren
As Office Work Returns, the L.A. Apartment Market Is Expected to Heat Back Up

As Office Work Returns, the L.A. Apartment Market Is Expected to Heat Back Up

Real Estate
BY KIRSTEN CHUBA | HollywoodReporter.Com Troy Warren for CNT #RealEstate With entertainment employees who left town during the pandemic required back at offices in coming weeks, "it’s going to be a reversal of the downtrend we’ve seen." I felt like there wasn’t much reason to be in a city if I couldn’t leave my apartment and go to work,” says Sean Campbell, an assistant at talent and literary agency Verve, who went to visit his family in Novato, California, during the pandemic and ended up staying, trading in Los Angeles cityscapes for mountain biking and access to nature. And he’s not alone.…
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Aug
06
2021
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By Troy Warren
Austin: How Austin Has Undergone a Pandemic Influx From Hollywood: “Growth on a Turbocharger”

Austin: How Austin Has Undergone a Pandemic Influx From Hollywood: “Growth on a Turbocharger”

Celebrity, City News, Real Estate, , ,
BY JAMES HIBBERD | HollywoodReporter.Com Troy Warren for AustinNewsAndTalk.Com  As stars like Stephen Amell and Zachary Levi flock to the Texas capital, median home prices have risen a stunning 43 percent in one year in the "cool," "friendly" city: "I've just been waiting for the secret to get out," says Matthew McConaughey. “It’s absolutely insane,” marvels Jared Padalecki. “It’s like nothing I’ve ever seen. It’s growth and expansion on a turbocharger. You’re just going like … whoa.” That the Walker actor might struggle a bit to express the seismic changes to Austin over the past year is perfectly understandable. The Texas capital has undergone…
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