Friday, September 30, 2011

SELLER: Ellen Degeneres and Portia de RossiLOCATION: Hidden Valley, CAPRICE: $16,500,000SIZE: 26 acres with 8 cottagesYOUR MAMAS NOTES: Listen, children, The Dr. Cooter came home from the hospital yesterday with a nasty flu and today our big ol' belly also feels churned up with a tetch of the flu too. On top of the icky sickness, our sassy but ever-so-helpful house gurl Svetlana left three days ago...
Despite the lowest mortgage rates of all-time, home buyers are slowing the pace at which they're buying homes. According to the National Association of REALTORS®, on a seasonally-adjusted basis, the Pending Home Sales Index fell 1 percent in August. The Pending Home Sales Index measures homes under contract, but not yet sold, nationwide. In this respect, the Pending Home Sales Index is a forward-looking...

Thursday, September 29, 2011

Last week rumors and reports began to circulate that soon-to-be-divorced entertainment industry heavyweight Jennifer Lopez was about to buy a behemoth house in the Hamptons.The real estate gossip gals at Newsday first reported that thrice married Miz Lopez Noa Judd Anthony had an accepted offer and was about to go to go into contract for an all but brand-new 15,000-plus square foot shingled "cottage"...
BUYER: Jonah HillLOCATION: Tarzana, CAPRICE: $2,175,000SIZE: 4,650 square feet, 5 bedrooms, 5.5 bathroomsYOUR MAMAS NOTES: Like so many other famous folks with deep pockets, actor/screenwriter/comedian du jour Jonah Hill (Superbad, Knocked Up, Get Him to the Greek, 21 Jump Street) appears to have come down with a raging case of The Celebrity Real Estate Fickle.In August 2009 the then still rather...
Standard & Poors released its monthly Case-Shiller Index this week. The Case-Shiller Index measures home price changes from month-to-month, and year-to-year, in 20 select U.S. cities. It also reports a "national" index; a composite of the values in said cities. The most recent Case-Shiller Index shows a 0.9% rise in home values from June to July 2011. Home values were higher in 17 of the 20 tracked...

Wednesday, September 28, 2011

SELLER: Karl Lagerfeld (allegedly)LOCATION: New York City, NYPRICE: $5,200,000SIZE: 2,151 square feet, 2-3 bedrooms, 3.5 bathroomsYOUR MAMAS NOTES: Our compadres over at Curbed reported today that a glammy if hardly furnished New York City apartment owned but never occupied by German-born and Paris-based couturier Karl Lagerfeld has just had a hardcore haircut that plunged the price tag from $6,500,000...
BUYER: Leighton MeesterLOCATION: Encino, CAPRICE: $1,457,500SIZE: 2,847 square feet, 4 bedrooms, 4.5 bathroomsYOUR MAMAS NOTES: We recognize we are far from the first gossip to arrive at this particular celebrity real estate soirée but we feel like discussing the matter anyway....In her tee-vee life 20-something year old model/actress/singer Leighton Meester (Gossip Girl) convincingly portrays Blair...
According to the Census Bureau, the number of new homes sold slid for the fourth straight month in August, easing 2 percent from July. On a seasonally-adjusted, annualized basis, home buyers bought 295,000 newly-built homes last month. August marked the lowest new home sales tally since February. News outlets are jumping on the story, with at least one calling it a "blow" to the housing...

Tuesday, September 27, 2011

BUYER: Cindy ShermanLOCATION: East Hampton/Springs, NYPRICE: $4,650,000SIZE: 3,500(ish) square feet 4-5 bedrooms, 3.5 bathroomsYOUR MAMAS NOTES: Starting sometime in the 1940s writers and artists–many of whom became internationally recognized poster children of the Abstract Expressionist movement–began to collect and colonize in Springs, NY, a thickly wooded peninsula northeast of downtown East Hampton....
Are home resales rebounding? According to the National Association of REALTORS®, Existing Home Sales rose 8 percent in August from the month prior, and 19 percent as compared to August of last year. "Existing homes" are homes that are previously owned; ones that cannot be considered new construction. A total of 5.0 million existing homes were sold last month on a seasonally-adjusted, annualized basis....

Monday, September 26, 2011

SELLER: Chris DaughtryLOCATON: Oak Ridge, NCPRICE: $699,000SIZE: 3,670 square feet, 4 bedrooms, 3.5 bathroomsYOUR MAMAS NOTES: Like bazillions of others around the world, once upon a reality television time Your Mama and the Dr. Cooter religiously watched American Idol. We watched Kelly Clarkson belt her way to victory in season one, we sat slack jawed when Ruben Studdard beat out Clay Aiken in season...
SELLER: Sharon StoneLOCATION: Beverly Hills, CAPRICE: $8,995,000SIZE: 7 bedrooms and 8.5 bathrooms (total)YOUR MAMAS NOTES: There are few Tinseltowners Your Mama is more fascinated by–and fearsome of–than the famously tempestuous showbiz she-devil that is Sharon Stone (Bobby, Casino, Basic Instinct).The naughty bits-baring Oscar-nominated and Emmy-winning (The Practice) actress, indefatigable AIDS...
Two weeks ago Your Mama discussed a gated Studio City, CA estate owned by songwriter/music publishing poo-bah (and former American Idol judge) Kara DioGuardi and available for lease with a fat price tag of $45,000 per month.Late last week the 3.5 acre hilltop spread, which Miz DioGuardi shares with her artist/contractor husband Mike McCuddy popped up for sale with an also sky-high asking price of...