So when’s the housing bubble bursting?

[Helico-pterFunk]

Wilt Chamberlain’s Groovy L.A. Home Sells to a Crypto Entrepreneur for $9.7 Million

Custom-built by the late NBA legend in the 1970s, and on and off the market for the past several years, the Bel Air estate has gone to ShapeShift CEO Erik Voorhees.

robbreport.com

Emma Stone’s Charming L.A. Bungalow Sells in a Bidding War for $4.3 Million

The 1920s Spanish-style home in Westwood went to the widow of Hollywood talent agent Norman Brokaw for $300,000 over asking.

robbreport.com

You Can Rent Josh Duhamel’s L.A. Home for $15,000 a Month

The Encino residence was featured on season two of Hollywood Houselift with Jeff Lewis.

robbreport.com

 

[Helico-pterFunk]

Wilt Chamberlain’s House in Photos

Custom-built by the late Lakers basketball legend in the 1970s, and on and off the market for the past several years, the Bel Air home has finally sold to crypto entrepreneur Erik Voorhees for $9.6…

robbreport.com

Wilt Chamberlain’s Frank Lloyd Wright–Inspired Mansion Sells for $9.7 Million

The late NBA champion’s ultra-custom abode was designed with his bachelor lifestyle in mind

ca.finance.yahoo.com

 

[havelcok]

 

[Helico-pterFunk]

Photographer Annie Leibovitz Sells NYC Condo For Over $10 Million

Famed photographer Annie Leibovitz has offloaded her lavish NYC condo ... capturing an impressive $10,625,000 for the sale.

www.tmz.com

Annie Leibovitz Sells NYC Condo For $10.625 Million

Annie Leibovitz Sells NYC Condo For $10.625 Million

www.tmz.com

 

[Helico-pterFunk]

Cocoa Brown Thanks Tyler Perry For $400K Donation to Buy New Home After Fire

Cocoa Brown is overwhelmed by Tyler Perry's generosity -- this after the film producer offered her $400k to build a new home after hers burned down last week.

www.tmz.com

 

[Helico-pterFunk]

Cocoa Brown Thanks Tyler Perry For $400K Donation to Buy New Home After Fire

Cocoa Brown is overwhelmed by Tyler Perry's generosity -- this after the film producer offered her $400k to build a new home after hers burned down last week.

www.tmz.com

Actress Cocoa Brown's Georgia Home Burns Down, GoFundMe Started for Help

Cocoa Brown -- famous from 'For Better or Worse,' and other shows/movies -- had her home tragically burn this weekend in an awful accident, and she's now seeking assistance from the community.

www.tmz.com

 

[praetor]

I doubt the lender will accept a $700k loss because an investor didn't do proper research.

 

[blackbull1970]

CRE vet who advised on $8 billion of deals says 30% of office buildings are ‘basically worth nothing’ and ‘just have to be torn down’

“It’s the most adaptable that survives,” says housing analyst Fred Cordova, who sees a lot of demolition ahead.

BY DYLAN SLOAN
February 25, 2024

Commercial real estate: at least 30% of office buildings 'basically worth nothing,' analyst says | Fortune

The D class of buildings are a problem, says housing analyst Fred Cordova. "Those just have to be torn down."

fortune.com

 

[praetor]

NEW: The owner of a $16M California mansion that is on the verge of falling into the ocean, is refusing to leave his home.

82-year-old Lewis Bruggeman says his house is "fine" & isn't worried about it falling into the ocean after a recent storm eroded the cliffside.

"The house is fine, it's not threatened and it will not be red-tagged. The city agrees that there's no major structural issue with the house," the Dana Point home owner said.

The National Weather Service predicts more rain will be hitting the LA area next week, warning of more mud slides.

 

[havelcok]

 

[praetor]

 

[DC_Dude]

 

[Helico-pterFunk]

Some Canadians exploring ‘non-traditional’ ways to own a home. What are they? - National | Globalnews.ca

Unaffordability in Canada's housing market is pushing nearly a third of would-be buyers to consider co-ownership and other 'non-traditional' paths to buy a home, Re/Max says.

globalnews.ca

 

[praetor]

The purchases are disproportionate, but still a small percentage.


"Between 2018 and 2022, nearly 6% of home sales in the district were individuals or smaller entities selling to large companies. That’s three times more than most other parts of Pinellas County, where an average 2% of sales in a given census tract involve investment firms.

Around 20 companies own 300 homes in the district. Based on census estimates, that accounts for about 1 out of 10 single-family rentals in the area.

These investors aren’t solely responsible for the area’s inflated rental and home prices, or the gentrification that took root years ago"

Here's the article without the paywall.

Are real estate investors pushing out St. Petersburg’s Black residents?

Experts worry longtime residents are pushed out by rising prices.

web.archive.org

 

[havelcok]

 

[havelcok]

 

[havelcok]

 

[havelcok]

 

[praetor]

 

[Dr. Truth]

What a piece of shit

 

[4 Dimensional]

I think the interest is starting to take effect, especially with the homeowner insurance increasing. The price to own a home and maintain the payment is a burden for many. It’s rough out here.

 

[kdogg3270]

$4200 per month for an apt?
fuck that shit

 

[Helico-pterFunk]

$9.3M Whistler condo sale breaks real estate record, company says

A luxury condo in Whistler, B.C., has just sold for $9.3 million, reportedly breaking a real estate record for the resort community.

bc.ctvnews.ca

 

[Helico-pterFunk]

Ellen DeGeneres Just Sold Her $32 Million Montecito Estate to a Billionaire Mining Magnate

Ellen DeGeneres and her wife Portia de Rossi sold a $32 million Montecito mansion known as Pompeiian Court to billionaire Robert Friedland.

robbreport.com

 

[Helico-pterFunk]

Judd Apatow Drops $32 Million on a Sleek Beverly Hills Mansion

The “Knocked Up” director and actress Leslie Mann bought the contemporary stunner from Guess cofounder Maurice Marciano.

robbreport.com

Clippers Star Kawhi Leonard Faces a Loss on His Downtown L.A. Penthouse

The two-time NBA champ is asking around $200,000 less than he paid for his part-time home at The Ritz-Carlton Residences at L.A. Live back in 2019.

robbreport.com

 

[Flawless]

Chump Change.
That gamestop money is paying well

Billionaire Ken Griffin Is Building Himself the World’s Most Expensive Home​

Billionaire Ken Griffin Is Building Himself the World’s Most Expensive Home

The hedge-fund manager’s 50,000-square-foot Palm Beach mansion will be worth a whopping $1 billion when complete.

robbreport.com

 

[Helico-pterFunk]

Quebec has a new housing law. Nobody likes it.

Usually when both sides are mad, it’s a sign of a good political compromise. But when your new housing law manages to anger both tenants and landlords over completely different parts of the same bill, that’s less of a compromise and more of a mess. But Quebec’s housing minister maintains the new...

thebigstorypodcast.ca

 

[Helico-pterFunk]

Tom Brady adds boat dock and a pickleball court to Miami mansion

Tom Brady has added to his $17million Miami mansion, with the former Patriots and Bucs quarterback installing a private boat dock, pickleball court and even a vegetable patch.

www.dailymail.co.uk

 

[praetor]

 

[bkqns718]

Tech market took a huge hit out there recently. I wonder if the price will be dropping

 

[praetor]

Tech market took a huge hit out there recently. I wonder if the price will be dropping

That depends on how much their new jobs are paying.

"Despite a bruising several months, the unemployment rate in San Francisco and Silicon Valley remained relatively low — 3.5 percent in the city and 3.2 percent in San Mateo County — indicating that many workers found new jobs relatively quickly."

https://web.archive.org/web/20240302133731/https://www.nytimes.com/2024/03/01/business/economy/california-economy-unemployment.html

 

[praetor]

 

[Helico-pterFunk]

Clippers Star Kawhi Leonard Faces a Loss on His Downtown L.A. Penthouse

The two-time NBA champ is asking around $200,000 less than he paid for his part-time home at The Ritz-Carlton Residences at L.A. Live back in 2019.

robbreport.com

https://www.realtor.com/news/celebrity-real-estate/kawhi-leonard-is-selling-his-posh-penthouse-in-los-angeles-california-for-6-5m/

 

[Helico-pterFunk]

https://www.realtor.com/news/celebrity-real-estate/russell-wilson-selling-two-mansions/

https://www.realtor.com/news/celebrity-real-estate/natalie-maines-lists-her-los-angeles-california-home-for-8-5-million/

https://www.realtor.com/news/celebrity-real-estate/l-a-reid-reduces-the-price-of-his-mansion-in-los-angeles-california/

Celebrity Real Estate Archives

All about celebrity homes. Get the latest celebrity news about actors and athletes buying homes, selling homes and decorating their homes.

www.realtor.com

 

[Helico-pterFunk]

https://www.realtor.com/news/celebrity-real-estate/sergey-kovalev-selling-boca-raton-florida-home/

https://www.realtor.com/news/celebrity-real-estate/jim-carrey-drops-the-price-of-his-sprawling-los-angeles-california-compound-to-24m/

https://www.realtor.com/news/celebrity-real-estate/emma-stone-sells-her-cottage-in-los-angeles-california-for-4-3m/

https://www.realtor.com/news/celebrity-real-estate/jameela-jamil-and-james-blake-are-selling-their-los-angeles-california-house/

https://www.realtor.com/news/celebrity-real-estate/charlize-theron-is-selling-los-angeles-california-home-for-3-7m/

https://www.realtor.com/news/celebrity-real-estate/chandler-riggs-has-listed-his-los-angeles-california-home-for-2-2m/

https://www.realtor.com/news/celebrity-real-estate/dan-castellaneta-lists-his-santa-barbara-california-home-for-4-5m/