25 April 2017

Builders Finally Ramp Up on New Homes, but Can Buyers Afford Them?

RichLegg/iStock A fresh infusion of new homes hit the market as the spring home buying season kicked off in March, adding a touch of relief to a housing market that’s been short on, well, homes. Still, the most cash-strapped buyers—typically first-timers—aren’t likely to be able to take advantage of the new additions. About 621,000 newly […]

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25 April 2017

Pricey Pedigree? Marilyn Monroe’s Last House Goes on the Market for $6.9M

Baron/Getty Images It was her first home and her last home. Glamour goddess Marilyn Monroe purchased a hacienda-style house in Los Angeles in the early 1960s, shortly after her divorce from playwright Arthur Miller, her third husband. It was the first house she bought on her own, and the last one she ever inhabited. She died […]

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25 April 2017

10 Homes That Could Win You a ‘Fixer Upper’ Makeover From Chip and Joanna Gaines

realtor.com/HGTV If you’re a Chip and Joanna Gaines fan and would love to have them design your dream home, you might just be in luck: HGTV has recently rolled out the casting welcome mat, inviting all to apply to have their place undergo a makeover on “Fixer Upper”! How could you pass that up? There are, of course, some qualifications you’ll have […]

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24 April 2017

This Is What Homeowners Did With Their Savings on Variable Mortgage Rates

Joe Raedle/Getty Images Getting an adjustable-rate mortgage can save homeowners money — but whether they actual put those funds to good use is another question. Homeowners whose mortgage payments dropped when their adjustable-rate mortgage (ARM) reset to a lower rate increased their spending, according to a report released this week from the JPMorgan Chase Institute. […]

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24 April 2017

Even With a $5M Price Cut, This $30M Mansion Is the Most Expensive in Utah

realtor.com Even with a significant price cut, this Springville, UT, mansion is the most expensive home in the state at $30 million. “It does stand out,” according to the listing agent, Helina Carter-Thomas. “It’s larger than any of the other homes.” By the numbers, everything about the residence is oversized. Built in 2010, the enormous estate has 49,568 square […]

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24 April 2017

Ravens Legend Ray Lewis Selling 28-Acre Maryland Estate for $2.95M

D Dipasupil/FilmMagic NFL great Ray Lewis, who starred on defense for the Baltimore Ravens over 17 seasons en route to a pair of Super Bowl titles, has put his estate in Reisterstown, MD, up for sale. The property, which the legendary linebacker bought in 2003 for $1,950,000, is listed for $2,950,000. And while the mansion is stacked with […]

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24 April 2017

Demi Moore Accepts Decent Proposal to Sell Her Luxe NYC Mansion

Alberto E. Rodriguez/Getty Images After receiving a decent offer, “Indecent Proposal” star Demi Moore finally sealed a deal for her Upper West Side mansion in the sky for $45 million, the New York Post reports. Granted, $45 million is a hefty price tag, even for the high-flying New York City real estate market. But the mansion was sold at […]

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24 April 2017

Silicon Valley Shake-Up: These Are the Next Top Tech Towns

RoschetzkyIstockPhoto/iStock; realtor.com Like most of America’s true paradigm shifts, the growth of Silicon Valley’s tech industry started with lots of slow-burning embers—then exploded into a full-scale conflagration seemingly overnight. It took its name from the semiconductor businesses that seeded a patch of Northern California in the 1960s, attracting brainiacs from around the world. But the modern history of the place […]

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21 April 2017

How Green Is Your Home? An Eco-Friendly Reality Check

Ricardo DeAratanha/Los Angeles Times via Getty Images Green homes have gone mainstream, and one of the most popular ways to be friendly to the environment and your wallet at the same time is to focus on energy efficiency. Less energy used means less fossil fuels consumed! (Where’s that clothesline?) Of course, “less” is a relative […]

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21 April 2017

NBC News Anchor Lester Holt Wants to Double His Money on Manhattan Apartment

D Dipasupil/Getty Images for AWXII Veteran TV news anchor Lester Holt is listing his 2,168-square-foot midtown Manhattan apartment for $6.6 million—a decade after buying it for just $3.3 million. Holt and his wife, Carol Hagen-Holt, bought the three-bedroom, 2.5-bath apartment in 2007, the same year Holt took over as weekend anchor on “NBC Nightly News.” Hagen-Holt works […]

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21 April 2017

Defying Predictions, Mortgage Rates Are Dropping—Here’s Why

Daniel Acker/Bloomberg via Getty Images Anxious would-be home buyers have been watching mortgage interest rates finally begin ticking up again in 2017, after years of historical lows. And when the Federal Reserve raised the short-term interest rate in March, the conventional wisdom was that mortgage rates would follow suit—as they typically do. But that’s not happening […]

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21 April 2017

Existing-Home Sales Hit Highest Numbers Since Recession

Hero Images/iStock The spring home-buying market was off to a strong start in March as buyers closed on the highest number of existing homes in a decade. And that’s despite the lack of residences on the market. Sales of existing homes (that is, ones that have previously been lived in) hit about 5.71 million last month, […]

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