Thursday, January 31, 2013

SELLER: Keyshawn JohnsonLOCATION: Calabasas, CAPRICE: $10,500,000SIZE: 11,746 square feet, 6 bedrooms, 7 full and 2 half bathroomsYOUR MAMAS NOTES: Yesterday Your Mama discussed the Pacific Palisades mansion that Miami-based professional basketball player Chris Bosh bought late last year for $9.4 million and currently has up for lease at $45,000 per month. Today, much to our own surprise since we're...
On Friday, January 25, 2013, the Office for Civil Rights ("OCR") of the U.S. Department of Health and Human Services ("HHS") published a final rule modifying the HIPAA Privacy, Security, and Enforcement Rules (the "Final Rule") as mandated by the Health Information Technology for Economic and Clinical Health ("HITECH") Act. Many of these modifications were set forth in a Notice of Proposed Rulemaking ("NPRM") dated July 14, 2010, although the Final Rule does not adopt all the proposals as described...
The Federal Reserve's Federal Open Market Committee (FOMC) voted to maintain the Federal Funds Rate within its current range of zero to 0.25 percent, and to continue its current stimulus program of purchasing $85 billion monthly in Treasury bonds and mortgage-backed securities (MBS). Citing weather-related events such as Hurricane Sandy and drought in the Midwest, the committee said in its statement...

Wednesday, January 30, 2013

OWNER: Chris BoshLOCATION: Pacific PalisadesPRICE: $45,000 per monthSIZE: 10,755 square feet, 6 bedrooms, 8 bathroomsYOUR MAMAS NOTES: All the children know that Your Mama don't know a football from a baseball bat. So, when our magnificently prolific informant Yolanda Yakketyak sent over a covert communique to tell us that the resort-like mock-Med mansion in Pacific Palisades, CA that professional...
When preparing to sell a home, few things improve its curb appeal more than a fresh coat of exterior paint.   Many people are intimidated by the thought of painting their home's exterior, and choose to hire a third-party to handle the work. But, you can do it yourself, with these easy steps. First, before starting, you'll want to inspect your home. Examine all walls, look under the eaves, and...

Tuesday, January 29, 2013

A well-connected real estate canary we'll call Aston Martin recently sent Your Mama a covert communique to let us know that word on the Platinum Triangle real estate street is that music industry veteran Irving Azoff and his missus Shelli are in the mood to shake up their extensive property portfolio.In case any of y'all don't know, Mister Azoff was named by the folks at Billboard as the most powerful...
BUYER: Peter MortonLOCATION: Beverly Hills, CAPRICE: $9,800,000SIZE: 5,367 square feet, 4 bedrooms, 5 bathroomsNOTE FROM YOUR MAMA (01-03-13): Your Mama posted this a week or so ago but we mistakenly deleted it. Here it is again in case anyone was missing it.YOUR MAMAS NOTES: Property gossips around the globe went hog wild in October 2012 when a single story French Regency meets mid-century modern...
The National Association of REALTORS® (NAR) reports that the Pending Home Sales Index fell 4.3 percent in December as compared to the month prior. The index now reads 101.7. The Pending Home Sales Index measures the number of U.S. homes that have gone "into contract", but have not yet closed. The report is based on data collected from local real estate associations, and from national brokers. Despite...

Monday, January 28, 2013

...from Bob N. Weave, a well-connected real estate tattle tale who has provided us with accurate intel in the past, that tool and die tycoon Eric Smidt and wife Susan are fixin' to hoist their big ol' compound-like estate (above) in the garishly swanky guard-gated Beverly Park community on the market with an asking price somewhere in the neighborhood of $40,000,000.Mister and Missus Smidt's sprawling...
SELLER: Jude LawLOCATION: London (Maida Vaile), U.K.PRICE: £4,350,000SIZE: 4-5 bedrooms, 3.5 bathrooms*YOUR MAMAS NOTES: About two years ago, two-time Oscar nominated British actor Jude Law and his on-again/off-again/on-again gal-pal Siena Miller picked up a £7-plus million property in North London's hoity-toity and star-studded Highgate neighborhood.We don't know when or if Mister Law (and Miss Miller)...
Mortgage rates rose last week as investors gained confidence in the global economy. China and Europe posted better-than-expected manufacturing rates, U.S. Jobless Claims fell for the second straight week, and the worst of the European debt crisis appears to have passed. Last week's economic news provided further evidence of a strengthening U.S. economy. The National Association of REALTORS® released...

Friday, January 25, 2013

SELLER: John J. and Christy MackLOCATION: New York City, NYPRICE: $22,500,000SIZE: 3,650 square feet, 4 bedrooms and 4.5 bathrooms (plus a staff suite)YOUR MAMAS NOTES: Back in the fall of 2009, former Morgan Stanley CEO John J. Mack and his wife Christy (reportedly and allegedly) coughed up $13,500,000 for a tired but still stunning 33-foot wide Beaux Arts style carriage house with private garage...
We are constantly being reminded about the condition of the real estate market, both nationally and locally. No matter which media outlet you choose to ingest, you are most likely seeing, hearing and wondering what is up and what is down, and more importantly, what it means for you. Here is a brief recap of some figures to keep in mind. What’s Up:We have heard this for the last few months of 2012...
As a home buyer in Renton , you can get a feel for whether a home's systems and appliances are in working order. However, you can't know for certain until after the home's been inspected. This is why real estate agents recommend that buyers hire a licensed home inspectors immediately after going into contract. It's the best way to really know the home which you're buying.  By definition, a home...

Thursday, January 24, 2013

SELLER: Tom and Cinda HicksLOCATION: Dallas, TXPRICE: $135,000,000SIZE: 28,996 square feetNOTE: For heaps and piles of photos of every corner of this house, guesthouse, pool house and grounds, head on over here.YOUR MAMAS NOTES: They say everything is bigger in Texas and when it comes to the sprawling estate owned by financier turned professional sport team titan Tom Hicks and his wife Cinda the adage certainly holds true, especially when it comes to the gargantuan $135,000,000 asking price they're...
It seems the global economy isn't suffering much if you're among the super-rich of the world.Thanks to the fine folks at SF Luxe, Your Mama has learned that a sprawling Silicon Valley estate in hoity-toity Woodside, CA just sold for—buckle your real estate safety belts, butter beans—a mind-numbing and record-breaking $117,500,000.The seller, according to previous reports and property records we peeped,...
BUYER: Barry LevinsonLOCATION: New York City, NYPRICE: $5,650,000SIZE: 3,049 square feet, 3 bedrooms, 3 bathroomsYOUR MAMAS NOTES: Looks like Emmy and Oscar winning screenwriter, director, producer and occasional actor Barry Levinson (Rain Man, Oz, Diner, Toys, Sleepers, Good Morning, Vietnam) is in the mood to shake up his real estate portfolio, selling in Connecticut and buying in New York...
Home sales dropped last month, but not because demand was lacking. There are fewer homes for sale than at any time in the last 11 years. According to the National Association of REALTORS®, Existing Home Sales for December 2012 fell to a seasonally-adjusted, annualized rate of 4.94 million homes from November's tally of 4.99 million existing homes. The Existing Home Sales report is based on the number...