Real Estate

Jul
11
2021
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By Troy Warren
‘Bling Empire’ Star Anna Shay Gets $13.9M for Historic Sunset Boulevard Mansion

‘Bling Empire’ Star Anna Shay Gets $13.9M for Historic Sunset Boulevard Mansion

Celebrity, Real Estate,
BY JAMES MCCLAIN, DIRT.COM Troy Warren for CNT The reality show fan favorite bought the grand five-bedroom house (built in 1926) for $9.4 million a decade ago. When Netflix’s Bling Empire — best described as a real-life version of Crazy Rich Asians — first hit airwaves in January, the reality series became an instant hit and likely future cult classic. Much of that success is due to runaway fan favorite Anna Shay, the enigmatic cast member who stole every scene with her dry wit and deadpan delivery. Shay will return for the upcoming Bling Empire season two, but not coming along for the ride is the show’s other…
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Jul
10
2021
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By Troy Warren
Housing Market Update: New Listings of Homes For Sale Surpass 2019 Levels

Housing Market Update: New Listings of Homes For Sale Surpass 2019 Levels

In The News, Real Estate,
by Tim Ellis and Taylor Marr | RedFin.Com Troy Warren for CNT Even though more homes are hitting the market, homebuyers appear to have tapped out of the market as pending sales continued to slip. Sellers are coming back to the housing market. The number of homes newly listed for sale surpassed 2019 levels for the first time since the start of the year during the four weeks ending July 4. Despite a long-awaited increase in the supply of homes for sale, homebuying demand continued to slip, leaving the market feeling a few degrees cooler. Pending sales posted their smallest year-over-year increase in…
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Jul
10
2021
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By Troy Warren
No Tour, No Problem! Why Home Buyers Are Scooping Up Villas Sight Unseen in the French Riviera

No Tour, No Problem! Why Home Buyers Are Scooping Up Villas Sight Unseen in the French Riviera

Real Estate,
BY DEGEN PENER | HollywoodReporter.Com Troy Warren for CNT Social media helps travelers buy multimillion-dollar properties without stepping foot in them: "People are surfing the web like crazy." Frederic Barth, a Cannes-based agent with Sotheby’s International Realty, says he recently sold a house to a buyer who saw the property only via WhatsApp due to COVID-19 restrictions on international travel. “He’s a French national, living in the United States for the past 15 years, who bought a 5 million [euro] villa in St. Tropez sight unseen. We’ve never seen that in the past,” says Barth, who adds, “We had another buyer from Denmark who…
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Jul
10
2021
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By Troy Warren
Why Atlanta is one of the hottest housing markets for millennials

Why Atlanta is one of the hottest housing markets for millennials

Home & Garden, Real Estate, ,
By Kiersten Willis, The Atlanta Journal-Constitution Troy Warren for CNT Millennials are giving up renting and getting into homeownership. Apartment List’s Homeownership report shows that millennial homeownership has increased from 40% to 47.9% in three years. “Although it’s taking them longer than their elders, millennials are buying homes in droves,” according to Forbes. “Their preference for technology has changed both the way people shop for homes and mortgages and the job of the realtor. This shift could lead to a more streamlined home buying process altogether. Millennials’ patience and preference for larger, updated homes have likely led to an increase in suburban movement.”…
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Jul
10
2021
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By Troy Warren
Rihanna Asks $80,000 Per Month for Posh Beverly Hills Rental Mansion

Rihanna Asks $80,000 Per Month for Posh Beverly Hills Rental Mansion

Celebrity, Real Estate
BY WENDY BOWMAN, DIRT.COM Troy Warren for CNT The singer bought the five-bedroom house — one of five properties she owns in Los Angeles — for $13.8 million last year. On top of Rihanna’s myriad other business endeavors — she sings, she’s a cosmetics mogul with her own Fenty Beauty brand, she’s a lingerie tycoon and fashion designer — the “Umbrella” crooner is also a budding real estate mogul, with five multimillion-dollar homes in Los Angeles alone. And if you’ve got an extra $80,000 burning a proverbial hole in your pocket, you could have the honor of calling Rihanna your landlord for a full month.…
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Jul
06
2021
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By Troy Warren
3 things you can do to buy a home in a seller’s market

3 things you can do to buy a home in a seller’s market

Home & Garden, Real Estate, ,
By Kiersten Willis, The Atlanta Journal-Constitution Troy Warren for CNT If you’re in the market for a new home, you may have noticed that the odds aren’t exactly in your favor when it comes to securing your new dwelling. That’s because we are in a seller’s market. According to Redfin, that “occurs when demand exceeds supply, or there are more buyers seeking to purchase homes than there are available homes on the market.” Many times, multiple buyers are interested in one home, and bidding wars ensue. Sellers often have the advantage in this market, but just because they have the upper…
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Jul
03
2021
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By Troy Warren
Housing Market Update: Pending Sales Slide as New Listings Reach Pre-Pandemic Levels

Housing Market Update: Pending Sales Slide as New Listings Reach Pre-Pandemic Levels

In The News, Real Estate,
by Tim Ellis and Taylor Marr | Redfin.Com Troy Warren for CNT Some buyers have hit their limit on record-high prices, but others may return to the market with more homes to choose from and less competition. The U.S. housing market lost more steam as summer began, with pending sales continuing their slide and the number of homes for sale slowly growing. Google trends also revealed a continued decline in online house hunting, with searches for “Real Estate” dipping below 2019 levels (-4.5%) for the first time this year. Mortgage purchase applications fell dramatically week over week (-5%) to their lowest level since…
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Jul
02
2021
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By Troy Warren
Look inside Tyrese Gibson’s ‘regal’ Atlanta estate

Look inside Tyrese Gibson’s ‘regal’ Atlanta estate

Celebrity, Lifestyle, Real Estate, ,
By Kiersten Willis, The Atlanta Journal-Constitution Troy Warren for CNT The actor’s Buckhead mansion recently hosted a birthday party for former Mayor Kasim Reed Tyrese Gibson said he was going for a “regal vibe” with his home. One look at it, and you’ll know why. The star of “F9: The Fast Saga,” gave Architectural Digest a tour of his Atlanta mansion. To quote another performer who calls the Big Peach home, it gives new meaning to the lyric “lifestyles so rich and famous Robin Leach will get jealous.” The 1980s series “Lifestyles of the Rich and Famous” was an inspiration for the Los…
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Jun
27
2021
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By Troy Warren
Phoenix area’s median home price set to hit a record $400,000 in June

Phoenix area’s median home price set to hit a record $400,000 in June

Real Estate, ,
Catherine Reagor | Arizona Republic Troy Warren for CNT   Metro Phoenix’s median home price is poised to hit a record $400,000 in June, up almost $100,000 from a year ago. It’s become a bit of a broken record to report Valley home price records each month, particularly for buyers. But that’s the price forecast based on pending sales from the Arizona Regional Multiple Listing Service. The real estate agent group has been right on or within a few thousand dollars monthly for prices during the housing market’s wild ride since last summer. Out-of-state and second-home buyers, as well as investors, are all…
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Jun
26
2021
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By Troy Warren
Real Estate Agents Reveal How They Sell Houses With Sordid Pasts

Real Estate Agents Reveal How They Sell Houses With Sordid Pasts

Real Estate,
BY HADLEY MEARES | HollywoodReporter.Com Troy Warren for CNT For L.A. agents, marketing an estate with a notorious history presents challenges: "It really gets everybody’s imagination going," but in some cases (i.e., a murder), it’s best to focus on the architecture. On Aug. 14, 1951, William Randolph Hearst, 88, lay dying in a gilded Mediterranean Revival mansion in Beverly Hills. Five years earlier — in declining health and with his reputation wounded by Citizen Kane — he agreed to move from his beloved Hearst Castle in San Simeon to Los Angeles to be closer to doctors. Hearst’s longtime mistress, movie star Marion Davies,…
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