Real Estate

ViacomCBS Exec Tom Ryan Pays $8.4M for Palm Springs’ Extravagant Pond Estate

ViacomCBS Exec Tom Ryan Pays $8.4M for Palm Springs’ Extravagant Pond Estate

BY WENDY BOWMAN, DIRT.COM Troy Warren for CNT The 12-acre estate includes a Spanish-style mansion and two guest houses, with a total of 10 bedrooms, plus stables and garage space for up to 100 vehicles. Sprawling across 12 acres on the southern edge of Palm Springs, this compound was custom built for philanthropist Robert Pond and his wife Jo in 1989. Standing head and shoulders above its Coachella Valley peers — quite literally, as it’s tucked into a hillside knoll — it comes complete with a Spanish-style mansion and detached pair of guesthouses. Altogether, the estate offers a whopping total of…
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Is the Housing Market Going to Crash in 2021?

Is the Housing Market Going to Crash in 2021?

By Mia Taylor | BHG.Com Troy Warren for CNT The housing market is red-hot right now, but if you're waiting for a massive market correction, don't count on it. Real estate industry experts weigh in with predictions for home buying and selling trends. It's hardly a secret that real estate prices across the country have been skyrocketing. Recent data from Redfin, a real estate brokerage, shows that median home prices are up 20% year-over-year. At the same time, many properties are under contract for purchase within a mere one to two weeks of hitting the market and it's not unusual for prospective buyers to…
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Adam, Trina Venit Seek $40 Million for Whimsical Beverly Hills Mansion

Adam, Trina Venit Seek $40 Million for Whimsical Beverly Hills Mansion

BY JAMES MCCLAIN, DIRT.COM Troy Warren for CNT The 13,000-square-foot house includes eight bedrooms and 10 bathrooms and sits on 7.5 acres. After nearly 20 years in residence, powerhouse ex-talent agent Adam Venit and his wife Trina are leaving their playful 90210 digs, on to new residential pastures. Sited in the Bella Vista guard-gated community high above Beverly Hills, their giant mansion now sports a list price that’s just a few hairs under $40 million — not surprising considering every inch of the Mediterranean-meets-contemporary behemoth was gutted and resculpted during the Venits’ ownership. The nearly 8-acre spread was photographed for The Hollywood Reporter in…
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Yo Gotti Spends Big on Lavish Westlake Village Mansion

Yo Gotti Spends Big on Lavish Westlake Village Mansion

BY JAMES MCCLAIN, DIRT.COM Troy Warren for CNT The "Recession Proof" rapper paid $7.6 million for the 10,110-square-foot, six-bedroom house. In case you weren’t aware, hip-hop is the music industry’s biggest and most lucrative genre, a multibillion-dollar juggernaut accounting for more than a third of all streams globally. One of the many to benefit from that popularity is Yo Gotti, the “Recession Proof” rapper and record company CEO who’s just spent big on a mansion within an exclusive Westlake Village enclave — the same guard-gated community where other residents include YouTube’s very own Trisha Paytas, Disney CEO Bob Chapek, NFL star Cooper Kupp, Heather Locklear and…
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How to Use Your IRA to Buy a House

How to Use Your IRA to Buy a House

By Rachel Hartman | USNews.Com Troy Warren for CNT   If you're shopping for a new home, you may be looking for ways to fund the purchase. Taking out cash from a retirement account such as an IRA might be an option in some cases. However, before you withdraw money from an IRA, you'll want to evaluate the short-term and long-term consequences. Use the following criteria to help decide whether to use your IRA to buy a house. Should You Withdraw From an IRA to Buy a House? When you open an IRA, the account is established to help you save for the future.…
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Metro Phoenix’s housing market: What to know about buying, selling, renting

Metro Phoenix’s housing market: What to know about buying, selling, renting

Staff, Arizona Republic Troy Warren for CNT Prices for homes and apartments are rising higher and higher in the metro Phoenix area. Here's what homebuyers and renters need to know. Prices for homes and apartments are rising higher and higher in the metro Phoenix area. Prospective homebuyers are scrambling to find listings that fit their budgets as the number of properties for sale stays far below demand. Homeowners are happy as their equity rises, but affordability is a big concern in the market. The ability to work remotely has made Phoenix even more appealing for people who may have lived in less…
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