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TwitterBefore I get into the latest financials for the apartment, let me say the Chez Cliff blog has shut down. Cliff started out blogging about REI and, after being laid off, moved into a consultant role and steered his blog in that direction (very similar to what Kenric has done.) Cliff's last post mentioned that he didn't want to be posting on his blog just to post. I can understand that. It's easy to fall into the trap of feeling like you have to post something every week or every X days. I've felt...
Thursday, March 31, 2011
8:13 AM
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BUYER: Kourtney Kardashian (and Scott Disick)LOCATION: Calabasas, CAPRICE: $1,700,000SIZE: 5,334 square feet, 4 bedrooms, 4.5 bathroomsYOUR MAMAS NOTES: Buckle in buckaroos and pour yourselves a tall and stiff gin & tonic because–trust now–you are going to need it. We strongly recommend getting blottoed or at least a little buzzed before moving on here because much to Your Mama's own dismay and...
6:09 AM
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Friday is a pivotal day for mortgage markets and conforming mortgage rates across WA. At 8:30 AM ET, the government will release its March Non-Farm Payrolls report. More commonly known as "the jobs report", the monthly Non-Farm Payrolls is a market-mover and home buyers would do well to pay attention. Depending on the report's strength, mortgage rates could rise, or fall, by a measurable amount...
Wednesday, March 30, 2011
4:03 PM
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Maybe only about seven people outside of Los Angeles care about the particular turn of events we're about to dish on, but the real estate telephone wires in Lala Land have been burning up with scandal the last few days and we feel like opening up a line of discussion on the matter amongst any concerned, curious or otherwise nosy citizens.Your Mama first heard this juicy bit of bizness last Friday while holed up at the Ace Hotel in Palm Springs where we hid out for a few extra (and unplanned)...
12:04 PM
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LESSEE: Cee Lo GreenLANDLORD: Frankie MunizLOCATION: Los Angeles, CASIZE: 4,200 square feet, 5 bedrooms, 4 bathroomsPRICE: unknown.YOUR MAMAS NOTES: Speaking of Christina Aguilera...The sometimes bumbly-stumbly soon-to-be-divorced pop star, whose bright star is everyday more eclipsed by whippersnapper superstars like Lady Gaga and Rihanna, will soon attempt to revivify her faltering career as a judge...
9:34 AM
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It's baaaaacckk!Wobbly rock star Ozzy Osbourne and his steel-willed wife Sharon have once again heaved and hoisted their ocean front residence on Malibu's lovely and desirable La Costa Beach on the market, this time with an asking price of $10,000,000.The rock and roll royals acquired the 4,500 square foot three-story residence way back in March of 2003 for $5,100,000. Your Mama's wholly unscientific...
8:31 AM
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• Long term InvestmentAccording to Realty Times,” An average appreciation rate during normal times is around 6.5 percent a year. That means if you buy a home for $100,000, in just ten years you will have a home that could feasibly sell for around $174,000”• Personal and Community StabilityOwning a property creates a sense of community and accomplishment. People take better care of property; have higher...
6:05 AM
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Standard & Poors released its Case-Shiller Index for the month of January this week. The index is a home valuation tool, measuring the monthly and annual changes in home prices in select cities nationwide. January's Case-Shiller Index gave a poor showing. As compared to December 2010, home values dropped in 19 of the Case-Shiller Index's 20 tracked markets. Only Washington, D.C. gained. The results...
Tuesday, March 29, 2011
10:54 AM
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SELLER: Ben StillerLOCATION: Los Angeles, CAPRICE: $11,495,000SIZE: 10 bedrooms and 11 bathroomsYOUR MAMAS NOTES: Way back in May of 2009 Your Mama floated the celebrity real estate rumor that comedy king Ben Stiller and his wife Christine were fixin' to float their compound in the Outpost Estates neighborhood of Los Angeles, CA on the market with an asking price of $12,500,000.In September of the...
6:10 AM
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On a seasonally-adjusted basis, the Pending Home Sales Index rose 2 percent last month, according to the National Association of REALTORS®. A "pending home sale" is defined as a home under contract to sell, but not yet closed. February's Pending Home Sales Index rebound breaks a 2-month losing streak, and reverses the recent downward momentum in housing. Both Existing Home Sales and New...
Monday, March 28, 2011
9:26 AM
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SELLER: Michael Lee Aday, a.k.a. Meat LoafLOCATION: Calabasas, CAPRICE: $3,200,000SIZE: 7,142 square feet, 7 bedrooms, 7 bathroomsYOUR MAMAS NOTES: Your Mama recently received a communique from The Bizzy Boys at Celebrity Address Aerial who shined our rheumy eyes and celebrity real estate attentions on a hacienda-style house inside a gated enclave of 14-16 mansions nestled into the rugged Santa Monica...
7:51 AM
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This morning, bleary eyed from a crappy night's sleep thanks to our long-bodied bitches Linda and Beverly and too-many glasses of champagne with our boozy neighbors, Your Mama awoke to read an utterly absurd headline that read "Jake Gyllenhaal Did Not Attend Reese Witherspoon's Wedding." He, reportedly, went bowling with Maroon 5 lead singer and notorious cocksman Adam Levine and a model named Mini...
6:11 AM
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According to the EPA, the average U.S. household spends close to $500 each year on water and sewage bills. But by making just a few small changes, that figure could drop by as much as $170 annually. It's all in how you use your water. In this 4-minute video from Lowe's, you'll learn basic water conservation techniques that you can immediately put to work.. Some examples: Don't rinse food from dishes before putting them in a dishwasher. Scrape the dishes instead. When...
Sunday, March 27, 2011
8:21 AM
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LESSEE: Kathryn JacksonLOCATION: Calabasas, CAPRICE: $26,000SIZE: 12,670 square feet, 7 bedrooms 10 bathroomsYOUR MAMAS NOTES: Many denizens of suburban Los Angeles, CA have a thing for master-planned gated developments where the streets are lined with startlingly similar semi-Mediterranean-style tract houses sold with varying but usually limited degrees of customization. Although Your Mama and...
Friday, March 25, 2011
8:34 AM
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Ever wonder what's it's really like to live like one of the world's wealthiest globe-trotting billionaires? One need look no further than Russian oligarch Roman Abramovich who plays like a pasha and lives in the manner so haute it makes Saudi royals look like his country bumpkin relatives.Mister Abramovich famously purchased nine apartments in two townhouse-style structures on patrician Lowndes Square...
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