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Home-Flipping Collapses in San Francisco, Losses Spread

``potential home buyers revolted against these prices. And flippers were forced to sell low, that is they could only sell at a 10% premium. And the average ROI dropped into the negative, to -9%. Red ink also washed over the Las Vegas/Paradise...Show More Summary

On the Market: Restored Piece of Hollywood's Golden Age Wants $3.295M

An English country-style home in L.A. built in 1927 by Oscar-winning silent film actor and director Charles Dorian has had its price chopped from $3.75M to $3.295M, reports the Wall Street Journal. Listed by producer and Chapman University film...

On the Market: Restored Piece of Hollywood's Golden Age Wants $3.295M

2 days agoNews : The Newsroom

An English country-style home in L.A. built in 1927 by Oscar-winning silent film actor and director Charles Dorian has had its price chopped from $3.75M to $3.295M, reports the Wall Street Journal. Listed by producer and Chapman University film...

Blu Homes Drops Prices by $140,000 With Their New 2015 Product Line

The long-awaited promise of prefab construction is that it would bring us higher quality homes for less money with significant increases in sustainability and resource efficiency. While prefab is certainly maximizing resources during construction, upping the

Updated S&P/Case-Shiller Housing Numbers

The June S&P/Case-Shiller home price figures were released this week, and below is a look at the city-by-city breakdown. For each city tracked, we provide its month-over-month and year-over-year change in home prices on a percentage basis. Show More Summary

Falling Housing Prices Are Causing Violent Protests In China

``According to website MarketWatch, a crowd of homeowners surrounded the Shanghai sales office of property developer Greentown China Holdings Ltd. to protest a 25 percent drop in home values owned by the company. Meanwhile in Jinan,Show More Summary

Randy Johnson Selling Extravagant Arizona Home for $25 Million

When you see that former major league pitcher Randy Johnson is selling his Arizona mansion for $25 million, you may think that is a bit extreme. You'll understand that price tag once you see the pictures of the home. Johnson played for...Show More Summary

Capitol Hill Venue Chop Suey Is for Sale

3 days agoUnited States / Seattle : Slog

Kelly O Chop Suey, long a home of adventurous music and comedy shows, as well as host for the Mo’-Wave Festival and Black Weirdo parties, is for sale. According to Zillow, the current price is $99,950. Monthly rent for the club on 14th Ave. Show More Summary

Unaffordable Housing: How Lots of Cars and Low Incomes Keep LA So Unaffordable

Los Angeles is the most unaffordable city in the US for both buying and renting a home when we consider housing prices and incomes. But what about when we look at a more whole picture of affordability? Well, then...

Why home prices could soon crank up again

A combination of factors seems ready to provide a renewed lift to the housing market. CBS MoneyWatch contributor Anthony Mirhaydari explains.

Your Favorite Horror Icons — Now In IKEA Form

While it might seem like Jason Voorhees — the silent, masked killer from the Friday the 13th movies — has a knack for being everywhere at once, you can’t have a mass-produced Jason in every home in America at a reasonable price. Yet. Since Hollywood can constantly “re-imagine” horror franchises for new audiences, Illustrator Ed Harrington has reworked a number … [More]

Celine Dion slashes $10M off price of Florida home

The "Power of Love" isn't helping Celine Dion to sell her massive Bahamian-style home on Florida's Jupiter Island. The "My Heart Will Go on" and "Think Twice" songstress has cut the price of the massive 5.7-acre waterfront estate by a whopping $10 million.

BOOM: PENDING HOME SALES JUMP (XHB)

Pending home sales jumped 3.3% in July after falling by 1.3% in June. Economists were expecting a modest 0.5% pace of growth. “Interest rates are lower than they were a year ago, price growth continues to moderate and total housing inventory is at its highest level since August 2012,” said Lawrence Yun of the National Association of Realtors. Show More Summary

Housing prices up, but gains are slowing

With their latest annual gain of 8.1%, real estate prices — as measured by the 20-City S&P/Case-Shiller Home Price Index — continued to rise, but the pace of the increase is slowing. The last three sets of numbers reported (for April, May, and June sales) show gains of 10.8%, 9.3%, and now 8.1%, respectively. While…

10 Wednesday PM Reads

My morning afternoon train reads (Ccontinues here): • Corporate Profit Margins Have Officially Hit New Highs (Business Insider) • 3 Lessons From S&P 2000 (Time) • Fewer U.S. Homes Underwater in Second Quarter (WSJ) • High Food Prices Lead to Trade-Offs Even in Upper-Income Households (WSJ) but see China Is Awash in Grain Crops (WSJ) •...Read More

Adventures in Interior Design: Get That 'Rich Eccentric History Buff' Look in 45 Easy Steps

Recently put on the market in Saint James, N.Y., is a 13,000-square-foot mansion listed with $6M price tag and a complete dearth of useful information. Look past the overwhelmingly brown interior of this circa-1989 home, if you can, and...

Is Obsolete Home Price Data Relevant

By Markos Kaminis: Would you base any decision on three month old information? I doubt you would. So why should three month old data about home prices matter to the market? The S&P Case Shiller Home Price Index may have been useful three months ago but today it's just obsolete. Show More Summary

Don't Jump The Gun On PVH

By George Hanley: Apparel and accessories maker PVH (NYSE: PVH), home to the Calvin Klein and Tommy Hilfiger brands, has been a big winner for investors over the past five years, evidenced by a cumulative stock price gain of more than 200%. Show More Summary

Temporal Trends In U.S. Housing

By Ironman at Political Calculations: It's a mistake to treat housing prices as if they're a function of time. They're not. But we're going to treat them that way today to illustrate how differently the trend in median new home sale prices has behaved since institutional investors dialed down their year-long buying frenzy after July 2013. Show More Summary

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