UPDATE: Rosie O'Donnell

Buckle your safety belts butter beans, the listing images for Rosie O'Donnell's massive Miami Beach (FL) mansion have popped up online and, hunties, Your Mama don't know what's more of a hot mess, a Xanax- and booze-infused Fiona Trambeau being rolled off the airplane in a wheelchair and nappy poncho at 10:45 this morning or that gawd-awful red, white and blue decorating disaster. Heaven knows Your...

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New Zealand's Karl Urban To Sell Auckland Crib

SELLER: Karl UrbanLOCATION: Auckland, New ZealandPRICE: UndisclosedSIZE: 281 square meters, 4 bedrooms, 2 bathroomsYOUR MAMAS NOTES: Not caring a lick or an iota for action/sci-fi books and movies—no shade, babies, it's just not our cup of entertainment tea—Your Mama has to admit when we first heard last week from from a Kiwi named Kiki that actor Karl Urban was selling his rather homey house in Auckland...

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Rosie Redux: O'Donnell Lists Star Island Estate

With her talk show on Oprah's network canceled after just one season—today being it's last day on the air—comedienne, chat show host and lefty-liberal motor mouth Rosie O'Donnell no longer needed or wanted the townhouse she bought a few months ago for $2,250,000 and sold a few weeks ago for $2,500,000.Apparently the Nyack (NY)-based Rosie O' also doesn't need or want her mansion in Miami Beach, FL...

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Arlington's Green Tower to Break Ground in July

After nearly three years of delays, the Tellus, Arlington's greenest apartment building, is finally set to break ground."Demolition is starting in May, with construction starting on July 1," said Gagik Davtian, Program Manager at Erkiletian. "We figure it'll be about 20 months until first delivery."The 254-unit, 16-story Tellus is anticipated to be Arlington's first LEED Gold certified building....

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Mortgage Rates Fall Back Below 4%

After a brief run-up two weeks ago, mortgage rates are back below 4 percent. It's good news for home buyers and mortgage rate shoppers of Renton because with lower mortgage rates come lower mortgage payments. According to Freddie Mac's weekly Primary Mortgage Market Survey, the national, average 30-year fixed rate mortgage rate fell to 3.99 percent this week from last week's 4.08 percent. Last...

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Morning Real Estate Review

District picks 6 pot cultivation centers (Washington Post) The 6, in far northeast DC, were chosen based in part on security needs.Yes! Organic interested in Bruce Monroe site? (CityPaper) While Neighborhood Development Company mulls (long-term) plans for the site, Yes! says it might be interested in the location, Andy Shalal too.Investment home sales surged 64% last year (Mortgage News Daily) Sales go from 749,000 in 2010 to 1.23m in 2011 as investors take advantage of bargain prices.Home prices...

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DC's Largest Private Solar Array Underway in Tenleytown

The largest privately owned solar array is now going up on top of a Tenleytown building owned by Paul Burman at 4435 Wisconsin Ave., NW. Burman hired Seven Seas Energy LLC to develop the project that will produce an estimated 50,000 kilowatt hours of solar energy each year.Teris Pantazes, founder of Seven Seas Energy, said the project carries an up-front price tag of about $220,000. But tax credits...

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It's Official: Elton John Lists L.A. Condos

SELLERS: Elton John and David FurnishLOCATION: West Hollywood, CAPRICE: $1,600,000 and $3,500,000SIZE: 1,151 square feet (1 bedroom, 1.5 bathrooms); 1,831 square feet (1 bedroom, 1.5 bathrooms)YOUR MAMAS NOTES: Several weeks ago property gossips from the east coast to the west reported that famously bespectacled (and meticulously bewigged) music industry icon Elton John and his long-term man-mate...

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Bethesda Row Project Gets Start Date

At last, Bethesda's downtown extension is on the calendar. After years of planning, including the past year of being thisclose to breaking ground, Montgomery County officials say that construction work on Lot 31 - the public-private StonebridgeCarras-PN Hoffman project extending Bethesda Row - will begin the week of April 9th.The project was scheduled to be underway last summer, but last minute...

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Case-Shiller Shows Uneven Recovery For U.S. Housing

Recent data suggests that the U.S. housing market is in recovery. However, the data also shows this to be an uneven recovery. According to the monthly S&P/Case-Shiller Index, for example, home values rose in three of 20 tracked markets between December 2011 and January 2012. 17 tracked markets showed home prices still in decline. It's easy to point to the Case-Shiller Index as evidence that the...

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Your Next Place

By Franklin Schneider This fine Georgetown home is as cute as a button. A 1.5 million-dollar button. Seriously though, this house is adorable. Inside, the house is exactly what you think of when you think "Georgetown" - classy wainscoting (is there any other kind?) crown moldings, gleaming hardwood floors, and two fireplaces. This house is more "Georgetown" than a cupcake in a polo shirt. (Why...

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Morning Real Estate Review

Enclosed malls fade from Washington D.C. (Greater Greater Washington) Indoor malls are dying all across the country, and the greater D.C. area.DC Construction contracts down more than a quarter (Citybiz) February's future construction contracts down more than a quarter from same month last year.Freddie Mac predicts slow but steady growth in housing (Freddie Mac) With release of March data, the lender sees tepid growth for the rest of the year.Foreclosure filings fell 16% in 4th quarter (HousingWire)...

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Your Mama Also Hears...

The online and print media is all agog and atwitter over today's announcement that beleaguered and publicly pilloried Los Angeles Dodgers owner/executive Frank McCourt has finally reached an agreement to sell the bankrupt baseball team (and media rights) for 2-and-some billion bucks to a coalition that includes long-retired professional hoopster Magic Johnson.While all that sports stuff was being...

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Crystal City Office Project Gets Started Thursday Morning

Lowe Enterprises will host a "groundbreaking ceremony" Thursday on a $70 million office redevelopment project at 1400 Crystal Drive in Crystal City. Fox Architects designed the new building.The company will seek LEED Gold certification for the project to convert an existing 300,000 square-foot office building in Jefferson Plaza into "Class A" office space complete with a glass facade and roof top...

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Rumor Has It...

...fit-as-a-fiddle sitcom star (Cougar Town, Friends) and well-known real estate freak and design fiend Courtney Cox and her estranged actor/producer husband David Arquette have covertly off-loaded their architecturally thrilling mid-century modern residence in Beverly Hills, CA.Patty Propertyseller—you may remember her from today's earlier rumors about Madonna's Bev Hills house—told us she heard...

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Your Mama Hears...

...from a frightfully well-connected informant we'll call Patty Propertyseller that Her Madgesty Madonna has surreptitiously made her Beverly Hills, CA estate available as a pocket listing.As soon as Patty Propertyseller dropped that juicy celebrity real estate nugget in our fat lap a day or two ago we contacted a few of our other trusted tattletales and quickly heard back from Knancy Knowsthedish—like...

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New Residential Planned for Shaw's Blagden Alley

The United House of Prayer for All People has teamed up (again) with Suzane Reatig Architecture, this time to develop a mixed-use residential and retail building in the Blagden Alley-Naylor Court Historic District.The DC Historic Preservation Review Board (HPRB) approved the concept for a 12-unit residential building with ground floor retail space at 926 N St. Northwest. A 1953 warehouse and loading...

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Morning Real Estate Review

Bidding wars erupt as U.S. home inventory falls (Bloomberg) Low interest rates and low inventories are driving up interest in properties enough to start serious competition in home buying.Housing prices fall to 2003 levels, but demand may be building (Time) A lost decade in home prices as Case Shiller reports national prices dropped 3.8% from the year before, rolling prices back to early 2003 levels.Pending home sales ease in February, but still up overall (Construction digital) Despite taking...

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American Idol David Cook Lists Beachwood Canyon Crib

SELLER: David CookLOCATION: Los Angeles, CAPRICE: $1,495,000SIZE: 3,071 square feet, 3 bedrooms, 2.5 bathroomsYOUR MAMAS NOTES: We are all but down for the count with an ugly post-vacation cold so it's short and sweet-snarky this morning.Your Mama feels no shame in confessing to all 7 people who could give a shit that we stopped watching American Idol a long time ago. We bravely stuck it out all the...

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New Home Sales Slip In February

Sales of "new homes" fell to the lowest levels in four months last month. According to the Census Bureau's monthly New Home Sales report, 313,000 new homes were sold in February 2012 on a seasonally-adjusted, annualized basis, representing a 1.6% drop from the month prior. A "new home" is a home for which there has been no prior owner nor tenant. At first glance, the data looks negative for the housing...

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More Beiber Real Estate Fever

BUYER: (allegedly) Justin BeiberLOCATION: Calabasas, CAPRICE: around six million clamsSIZE: 9,214 square feet, 6 bedrooms, 7 bathroomsYOUR MAMAS NOTES: It was only three weeks ago that gaggles of Bieberheads, Bieberites and Bieberinas around the globe went bat-shit berserk over the many rumors and reports about bubble gum pop music superstar Justin Bieber being on the hunt for a house to call home...

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