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The Real Story Behind The True Magnitude Of The New Home Sales Collapse

Submitted by Wall Street Examiner's Lee Adler via Contra Corner blog, Comparing the growth in the number of full time jobs versus the growth in new home sales starkly illustrates both the horrible quality of the new jobs, and how badly ZIRP has served the US economy. Growth in new home sales has always been dependent on growth in full time jobs. Show More Summary

Chart of the Day- The Real Story Behind The True Magnitude of The New Home Sales Collapse

Comparing the growth in the number of full time jobs versus the growth in new home sales starkly illustrates both the horrible quality of the new jobs, and how badly ZIRP has served the US economy. The post Chart of the Day- The Real Story Behind The True Magnitude of The New Home Sales Collapse was originally published at The Wall Street Examiner. Follow the money!

L.A.'s luxury market shows signs of life

12 hours agoHealth : Booster Shots

After slow sales to start the year, the market for L.A.'s high-end homes may finally be picking up steam. Recent sales have included a pair of $20-million-plus deals and a high-water transaction in Venice. Here's a look at the most expensive homes sold in the last two weeks. $23 million — Beverly...

'Thor's' Chris Hemsworth keeps the myth alive in Malibu

15 hours agoHealth : Booster Shots

Bicoastal actors Chris Hemsworth and Elsa Pataky, who call Australia home, have swung a pair of deals in Malibu, selling their house for $7 million and buying another property nearby for $3.45 million. On the sale side, the couple saw a solid return on investment in the deal for their Point Dume-area...

Encino estate has ties to Dick Van Dyke, recording studio built by Harrison Ford

An Encino home with a cast of characters in its history has come up for sale at $8.995 million. Former owners of the property of more than an acre include actor and comedian Dick Van Dyke and, after him, Brazilian musician Sergio Mendes. Actor Harrison Ford, known for his carpentry skills before...

Bronx and Staten Island home sales surging, says REBNY

Booming Bronx and Staten Island home sales activity helped fortify the New York City real estate market pre-Spring, says the Real Estate Board of New York’s (REBNY) First Quarter 2016 Residential Sales Report...

72 Townsend: Brand New Luxury South Beach Homes

1-3 bedrooms, Bay Views, Dedicated Parking Amenities: Sky Terrace, Lounge, Boutique-style lobby Open 10AM – 6PM Sales Centre: 42 Colin P. Kelly Street • (415) 957-5972

NAR: Home Sales Surging, Spring Housing Market Strong

For the 23nd straight month, the Pending Home Sales Index bested its benchmark reading of 100. It's no wonder home prices continue to rise nationwide.

City of Decatur Steal of a Deal

One of the most interesting (and loaded) words in the real estate lexicon is “affordable”. In New York’s SOHO neighborhood, the median home sales price is $2.2 million, leading one to believe that a loft in this neighborhood priced at $1 million would appear to be very affordable. Show More Summary

Lucky T-shirts on Sale, From $7.77!

2 days agoHumor : theChive

They all can't be home runs. Our Hashtag You're It tee was less like a home run and more like getting bludgeoned with a baseball bat in a dark alley. Somehow, John bringing it to a baseball ballgame lead to a win, so we think it might just be lucky. So, now you are too. We're throwing a huge T-shirt sale, starting from $7.77. Get over HERE now and get one for yourself!

Way Out West! The Federal Reserve’s Failure At Spurring Affordable Housing Growth (While Blowing Asset Bubbles)

What happened to the supply of affordable housing in the US (particularly in The West)? New home sales for under $200,000 has trickled to a drip rather than a flow. But remember The Fed’s enactment of the zero interest rate policy and...Show More Summary

Amazon sale drops this hi-def 3D home theater projector to just $350

The home theater of your dreams is, well, very expensive. Sometimes you don't really need all that top-of-the-line gear to create a theater-like movie watching experience in your home though, as long as you know where to cut corners without sacrificing too much. Show More Summary

Mötley Crüe's Tommy Lee lists his rockin' house in Calabasas

2 days agoHealth : Booster Shots

Famed rocker Tommy Lee’s latest release may come from Calabasas. The drummer of Mötley Crüe fame has listed his home in a gated community for sale at $5.995 million. Lee bought the property nearly a decade ago for $5.85 million and customized the house in true rock star fashion. Rich wood floors,...

With Lenders Approving More Loans, All-Cash Home Sales Drop

Cash home sales are falling on low rates and loosening mortgage guidelines. High-asset buyers are once again considering a mortgage.

Mötley Crüe's Tommy Lee lists his rockin' house in Calabasas

Famed rocker Tommy Lee’s latest release may come from Calabasas. The drummer of Mötley Crüe fame has listed his home in a gated community for sale at $5.995 million. Lee bought the property nearly a decade ago for $5.85 million and customized the house in true rock star fashion. Rich wood floors,...

6 Historic Southern Homes for Sale Right Now

From Georgia to Alabama Welcome back to Period Dramas, a weekly column that alternates between roundups of historic homes on the market and answering questions we’ve always had about older structures. Two weeks ago, we looked at adobe homes in the southwest, which today bear the influence of Spanish colonial architecture. Show More Summary

Chart of the Day- Thanks Fed For Helping The Average Guy

In March of 2005, 52,000 new homes were sold at prices of less than $200,000. At the bottom of the crash in March 2009 that number had dropped to 14,000. The Fed instituted ZIRP and QE around that time. Sales of homes under $200,000 totaled 9,000 units in March. Show More Summary

August's HomeKit-friendly Smart Lock goes on sale for $229

The HomeKit-friendly version of the August Smart Lock is now available for purchase. Like the original version of the lock, the new model allows you to lock and unlock your home from your iPhone. With HomeKit compatibility, the lockShow More Summary

Don Cheadle and Bridgid Coulter list their modern beach house in Venice

Television and film actor Don Cheadle and his partner, actress-designer Bridgid Coulter, have put their home in the Oxford Triangle area of Venice up for sale at $2.45 million. Originally a cozy bungalow of just 800 square feet, the home was completely transformed by Coulter, owner of the Santa...

Julia Roberts gave a sales pitch for sex toys without knowing that's what she was doing.

2 days agoHumor / odd : Happy Place

Julia Roberts plays a Home Shopping Network host in her new movie Mother's Day, so Ellen decided to make use of Roberts' selling skills by having her play a game of "Pitch, Please" on Thursday's show. In this game, the guest has to try to sell an item without having any idea what it is. Show More Summary

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