This home in Pacific Palisades sold for $8.251 million last week. (MLS photo) Few do a better job of tracking the big-ticket home sales in Los Angeles than the folks over at CurbedLA. Their latest piece features what it describes as “the three biggest L.A. home sales of the past week,” which starts [...]
Business Insider photo Media mogul Rupert Murdoch has purchased the historic 16-acre Moraga Vineyard Estate in Bel Air. Dubbed one of Los Angeles's “rare trophy properties” by the Los Angeles Times, Moraga was listed for $29.5 million but a final purchase price was not revealed. Murdoch owns an array of media properties under [...]
Singer Katy Perry is selling this Hollywood Hills home for $6.925 million. (MLS photo) Now Katy Perry Hollywood Hills home is listed at $6.925 million you can purchase the Hollywood Hills home owned by singer Katy Perry and former husband Russell Brand, the Zillow Blog reports. The home, built in 1921, was recently listed [...]
Home of Victoria Foyt for sale.(Don Lewis photo) There were a couple of notable developments in celebrity real estate --author and actress Victoria Foyt put her longtime Westside home on the market for $29.95 million, while the parents of Jessica and Ashlee Simpson sold their home in Encino for $3.5 million. Foyt, whose [...]
Christina Aguilera's new home in Mulholland Estates. (MLS photo) Mulholland Estates near Beverly Hills has a new celebrity resident—Christina Aguilera. The pop music diva reportedly wrapped up the purchase of a $10 million home in the gated community, which is also home to the likes of Charlie Sheen and Paris Hilton. According to [...]
The latest report from CoreLogic revealed home prices nationwide surged by 10.2 percent in February as compared to a year earlier. That's the biggest increase since March 2006 on a year-over-year basis, according to the Associated Press. Largely the same factors that have been in play for the majority of the housing recovery remained so [...]
The median price paid for a home in California in January was $290,000, which represents a 22.9 percent increase from January 2012. Home prices turned the corner at the beginning of last year and have now shown gains for 11 consecutive months on a year-over-year basis, according to the latest report from DataQuick. The 22.9 [...]
Rendering of the new Wilshire Grand Hotel (Los Angeles Times photo) Plans for a new 73-story tower in Los Angeles that will significantly alter the downtown skyline was recently unveiled by Korean Air. Upon its completion in 2017, the new Wilshire Grand Hotel will surpass the U.S. Bank Tower in Bunker Hill as [...]
Sales Increased by a Solid 8.2 percent in 20212 While overall home sales in California increased by a solid 8.2 percent in 2012, it was the high-end of the real estate market that particularly surged. According to the Associated Press, sales of million-dollar homes in the Golden State last year reached heights not seen since [...]
The U.S. housing market is in full recovery mode, according to a report from the National Association of Realtors. The trade organization revealed the sales of previously owned homes reached a five-year high in 2012, although it still remains below what is traditionally considered to be a healthy market. An increase in hiring and record-low [...]