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Succinct Summation of Week’s Events 4.28.17

Succinct Summations for the week ending April 28th, 2017. Positives: 1. New home sales came in at 621k, above the 588k expected. 2. Durable goods rose 0.7% m/o/m and 5.8% y/o/y. Core rose 0.2% and 3%. 3. Consumer confidence pulled back from 125 to 120, but remains very strong. Show More Summary

LG posts its best quarterly profit in almost 8 years

Profit was up a whopping 82% from last year and revenue rose 9.7%. Strong sales in home appliances and TVs are likely the reason for the increase, but strong LG G6 sales in the current quarter could help continue the trend.

Former Green Bay Packer Nick Barnett tackles a home sale in Carlsbad

Former NFL linebacker and Super Bowl champion Nick Barnett has sold his home in Carlsbad for $2.2 million. The traditional-style two-story was remodeled during Barnett’s ownership and features vibrant wallpaper in the entry, distressed wide-plank floors and modern fixtures. A broad center island...

Barack Obama Used To Live In This Park Slope Brownstone For Sale — House of the Day

The president was here. The Brooklyn brownstone that, thirty or so years ago, was home to 44 is now on the market for $4.295 million. READ MORE »

Doris Roberts' Hollywood Home Listed for $2.45 Million 1 After Death (PHOTO GALLERY)

The Hollywood Hills home of Doris Roberts -- the beloved mom on "Everybody Loves Raymond" -- is up for sale a year after her death. Doris' heirs are selling the classic 1927 pad for $2.45 million. The 3,700 sq. ft. house has 3 bedrooms and 4.5…

Google Wifi comes to Canada to improve unreliable wireless signals

One of the easiest ways to get better Wi-Fi signal in the home is now for sale in Canada. Google Wifi is now available in Canada, as a single unit for $179 and three-pack mesh combo for a cool $439. That's a steep premium over the U.S. Show More Summary

Make sure home inspectors play by the rules

Most home buyers and sellers don't think much about what might derail their purchase or sale. But here's a sobering fact: One of every 20 sales contracts blows up along the road to closing. And roughly 1 in 4 runs into an issue that delays the scheduled settlement. These statistics come from new...

It’s PBR Time! Atlanta Fed GDP Q1 Forecast Falls to 0.2% (Declining Durable Manufacturing, etc.)

Today opened with several negative economic reports, including a MoM decline in wholesale inventories and durable goods order ex-transportation. Not to mention a decline MoM in pending home sales. The post It’s PBR Time! Atlanta Fed GDP Q1 Forecast Falls to 0.2% (Declining Durable Manufacturing, etc.) was originally published at The Wall Street Examiner. Follow the money!

Sale of Holmby Hills estate of early filmmaker Allan Dwan is a wrap at $18.8 million

The onetime Holmby Hills estate of early motion picture pioneer Allan Dwan, once listed for as much as $35 million, has sold for about half that amount — $18.8 million. The Robert Finkelhor-designed home was built in 1939 for Dwan and his second wife, actress Marie Shelton. The filmmaker, who died...

Too few listings pinch real estate in March; Pending home sales slip 0.8%

High prices and tight supply are taking the wind out of home sales, according a Realtors report.

Another hot Alexa smart plug is on sale on Amazon at its lowest price ever

This has been one heck of a week for people looking to control anything and everything in their homes with Amazon's awesome virtual personal assistant, Alexa. First we told you about a super secret sale on two of the most popular Alexa-enabled smart plugs on Amazon. Show More Summary

Meager listings prompt pending home sales slip

What goes up must come down, and that's true for The National Association of Realtors Pending Home Sales Index, which took a dip this month after a string of impressive numbers...

Pending Home Sales Drop In March - Stagnant For 2 Years

Contracts to buy previously owned U.S. homes declined in March after rising a month earlier by the most since 2010, as perhaps the seasonal exuberance gives way to affordability constraints. Despite NAR's comments that "home shoppers...Show More Summary

NAR: Pending Home Sales Index decreased 0.8% in March, up 0.8% year-over-year

From the NAR: Pending Home Sale Dip 0.8% in MarchThe Pending Home Sales Index, a forward-looking indicator based on contract signings, declined 0.8 percent to 111.4 in March from 112.3 in February. Despite last month's decrease, theShow More Summary

Hamptons home prices rise in Q1

The Hamptons home market made steady gains during the first quarter of the year, bolstered by strong midmarket sales that offset lackluster performance in the luxury category. The median sale price... To view the full story, click the title link.

Nintendo Switch sales are still clobbering every other console on Nintendo’s home turf

As difficult as it is to actually find a Nintendo Switch console in stock anywhere, it might seem like sales are lagging. Of course, we can assure you that's not the case. Nintendo's manufacturing partner is cranking out Switch consoles...Show More Summary

‘Sicario’ producer Basil Iwanyk puts Monterey Colonial in Brentwood up for sale

Thunder Road Pictures founder Basil Iwanyk has listed his home on a leafy half-acre lot in Brentwood for $5.35 million. Designed in Monterey Colonial style and built in 1937, the white-sided two-story sits behind gates and is surrounded by lawns and mature trees. A kidney-shaped swimming pool,...

Behind the sale of the late Agnes Moorehead’s Beverly Hills home

Beverly Hills has a certain mystique that surrounds it -- it's one of the most coveted and well-known ZIP codes in the world thanks to lush estates inhabited by Hollywood stars, first-class dining and shopping, and a hit TV show that bears its name...

Rockets owner Leslie Alexander seeks $16.4 million for La Jolla home

Leslie Alexander, the billionaire owner of the Houston Rockets, has put a beachfront home in La Jolla on the market for $16.4 million. That’s a $500,000 price increase from two years ago when the property was last up for sale. Completed in 2002, the contemporary-style house has collapsible walls...

Lee Rocker’s rockin' Moroccan spread in Laguna Beach returns at $10.5 million

Lee Rocker of the Stray Cats and his wife, fashion designer Deborah Drucker, have put their longtime Laguna Beach home back up for sale at $10.5 million. Tucked away in Emerald Bay, the Moroccan-vibe mansion was previously listed for sale at $11.5 million, or for lease at $40,000 a month. Records...

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