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TwitterThings have not been too eventful lately.. Hard Money Loan #16 was supposed to be paid off a week ago, but apparently that sale fell through. My partner contacted the escrow company a couple times to try to give them a payoff amount, but his calls were never returned. And we just received another regular loan payment, so all indications are the sale fell through.Also received a payment on hml #17. Payments have been coming in on that one like clockwork.Unfortunately, the Houston apartment complex...
Friday, July 29, 2011
Thursday, July 28, 2011
9:51 AM
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The real estate saying, “location, location, location” might not hold as much weight to this generations buyers. According to Realty Times, lifestyle options including health, safety, and nearby activities may be a leading factor in home buying selection.A recent survey conducted by Better Homes and Gardens Real Estate LLC and the Meredith Corporation reveal that homebuyers prefer these traits in...
9:13 AM
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In 2005, upper-crust chronicler and shit-stirrer Michael Gross wrote a juicy tell-all book about the inhabitants and history of 740 Park Avenue, one of New York City's most expensive, exclusive, and reclusive co-operative apartment houses. With the dour limestone-faced Rosario Candela-designed building and its cavernous apartments as the back drop, Mister Gross carefully parsed the personal, professional...
7:13 AM
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There are a lucky handful of folks, mainly hedge hogs and financial industry fat cats, who have come out of the recent (and ongoing) economic woes smelling like stinking rich roses with seemingly unlimited mountains of money to burn on trophy real estate in Los Angeles, CA.Just look at Goldman Sachs honcho Gene Sykes who recently plunked down $40,000,000–in cash–for a palatial pile in Bel Air and...
6:05 AM
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Standard & Poors released its May 2011 Case-Shiller Index this week. The index measures change in home prices from month-to-month, and year-to-year, in select U.S. cities. May's Case-Shiller Index showed a 1 percent increase from April 2011. Home values rose in 16 of the Case-Shiller Index's 20 tracked markets. Only Detroit, Las Vegas and Tampa fell. Phoenix was flat. Don't look too far into...
Wednesday, July 27, 2011
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SELLER: Alexis and Oren GlickLOCATION: Water Mill, NYPRICE: $8,995,000SIZE: 3,000 square feet (approx.), 3 bedrooms, 2 bathroomsYOUR MAMAS NOTES: Yesterday we dissed and discussed an ocean front home in the highly desirable and hideously expensive seaside enclave of Malibu (CA) owned by actor Tony Danza and listed with a robust asking price of $9,100,000. As expected, more than a few of the children...
6:04 AM
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Home builders are slowly reducing inventory. According to Census Bureau data, the number of new homes slid 1 percent from May. On a seasonally-adjusted, annualized basis, home buyers bought 312,000 newly-built homes last month. It's the third straight month of falling sales and the headline data casts the Kent housing market in a negative light. Upon closer inspection, however, the numbers appear...
Tuesday, July 26, 2011
7:29 AM
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SELLER: Tony DanzaLOCATION: Malibu, CAPRICE: $9,100,000SIZE: 3,000 square feet, 5 bedrooms, 5 bathroomsYOUR MAMAS NOTES: Although they separated in 2006 after nearly 20 long years of marriage, actor Tony Danza and wife Tracy officially only filed for a dee-vorce earlier in the year (2011). The collapse of the erstwhile couple's connubiality may or may not have something to do with why they recently...
6:04 AM
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The FHA is insuring a greater percentage of loans than during any time in recent history. In 2006, it insured roughly 5 percent of the purchase mortgage market. Today, it insures one-quarter. "Going FHA" is more common than ever before -- but is it better? The answer -- like most things in mortgage -- depends on your circumstance. Like its conforming counterpart, an FHA-insured mortgage...
Monday, July 25, 2011
5:46 AM
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In today's Kent homes, front-loading washing machines are a popular choices as compared to traditional, top-loading machines for 3 main reasons: They wash more clothes per cycle, lowering household energy costs They're environmentally-friendly, using less water per cycle They're gentler on clothes, preserving colors and fabrics longer They also require more care in the "cleaning" department. Because...
Friday, July 22, 2011
1:29 PM
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OWNER: Kyle MacLachlan and Desiree GruberLOCATION: Los Angeles, CAPRICE $20,000 per monthSIZE: 2,669 square feet, 4 bedrooms, 5 bathroomsYOUR MAMAS NOTES: Professional commitments often require that actors and others in the Big Bizness of Show be away from home for long stretches of time while making movies and/or taping tee-vee programs. Surprisingly and despite presumed wealth, there are a surprisingly...
11:50 AM
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More good news in the Tampa real estate market this week, Tampa ranks in the top ten cities for rentals. This information was provided by CNN Money. According to their report, the labor market is on the rise, down a point in the last 12 months to 10.5% and this coupled with demand is expected to raise rent 12% over the next three years.What does this mean to consumers? If you are in a position to...
8:16 AM
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SELLER: Irving and Shelli AzoffLOCATION: Malibu, CAPRICE: $13,750,000SIZE: 3,552 square feet, 5 bedrooms, 5 bathroomsYOUR MAMAS NOTES: Listen, babies, Your Mama has got things to do, places to go and people to meet today so we're going to try as we might to be uncharacteristically brisk in our discussion of a mostly brown and beige contemporary crib on Carbon Beach, the most expensive stretch of sand...
6:02 AM
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A strong spring season helped home values recover, says the government. According to the Federal Home Finance Agency's Home Price Index, home prices rose a seasonally-adjusted 0.4 percent from April to May. It's the HPI's second straight increase, and puts the monthly index at its highest point since January 2011. As a home seller in Seattle , you may appreciate news such as "rising home prices",...
Thursday, July 21, 2011
8:50 AM
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SELLERS: Laird Hamilton and Gabrielle ReeceLOCATION: Maui, HIPRICE: $2,750,000SIZE: 5,000+ square feet, 4 bedrooms, 4 bathroomsYOUR MAMAS NOTES: They say birds of a feather flock together and they certainly did when beau-hunky big-wave super surfer Laird Hamilton hitched his hairy-chested wagon to hot-bodied volleyball hotshot Gabrielle Reece in 1997. These two divine DNA-endowed, now in their forties...
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