real estate

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First-Time Homebuyers Keep Getting Older

Median first-time homebuyer age is 38, an all-time high, up 3 years from 2023

(Newser) - The age of first-time homebuyers has shot up to an all-time high. A National Association of Realtors report says the median age in 2024 jumped to 38, up three years from 2023, reports Yahoo Finance . "The first-time homebuyer who can enter into today's market is older, has a...

Replica White House Sells for $23M
Replica White House
Sells for $23M
Oct 25, 2024 7:45 AM CDT

Replica White House Sells for $23M

Hearst heir once planned to give it to the government as a 'Western White House'

(Newser) - Whoever loses the White House race in November will find that it's too late to console themselves by moving into a replica once intended to be the "Western White House." The home in Hillsborough, about 20 miles south of San Francisco, has been sold for $23 million,...

'New American Dream' Should Be a Townhouse
'New American Dream'
Should Be a Townhouse
OPINION
Oct 21, 2024 12:15 PM CDT

'New American Dream' Should Be a Townhouse

Washington Post op-ed says it makes sense in so many ways

(Newser) - Americans looking to find an affordable home these days have little hope of finding one. In a Washington Post op-ed, two authors make the case that townhouses can be a big part of the solution. In fact, they deserve to become the "new American dream," write Amanda Shendruk...

You Can Soon Check for a Home's 'Climate Risk'

Zillow is introducing scores to its listings that show potential dangers from extreme weather

(Newser) - A swimming pool, eat-in kitchen, and central air aren't the only items on potential homebuyers' wish lists—now, many want to know if their future home is in hurricane, drought, or wildfire territory. In fact, a Zillow survey from last fall found that 80% of consumers shopping for homes...

In Constantly Flooding Town, 'We Won't Rebuild, It's Not Worth It'

Locals in Florida's Shore Acres, in Tampa Bay area, are spooked by storms, high home insurance rates

(Newser) - Tens of thousands of properties in the Tampa Bay region were damaged or completely destroyed as Hurricane Helene tore through Florida's Gulf Coast, where some homes ended up submerged in several feet of water, reports WUSF . "It's overwhelming and it's devastating," Marie Rowley, who lives...

'Magna Carta House' Is Up for Grabs

English estate rich in history could be yours for $6M

(Newser) - Lovers of history can purchase a home on the spot where England's King John is believed to have signed the Magna Carta in 1215. Magna Carta House in Runnymede, just listed for $6 million, was built in 1834 by the high sheriff of Buckinghamshire to commemorate the sealing of...

Owning vs. Renting? American Views May Be Shifting

Even millionaires who could afford to buy are opting to sign a lease instead

(Newser) - Soaring home prices have left many Americans of ordinary means out of the picture when it comes to real estate. But a Wall Street Journal story finds that more millionaires are choosing renting over owning as well:
  • The share of households with incomes above $750,000 that rent rose to
...

Man Gets Bargain Oceanfront Home, With a Big Catch
Man Gets Bargain
Oceanfront Home,
With a Big Catch
in case you missed it
Sep 14, 2024 3:55 PM CDT

Man Gets Bargain Oceanfront Home, With a Big Catch

Coastline in front of Cape Cod home is rapidly eroding

(Newser) - A Pittsburgh resident who has vacationed on the Massachusetts coast for years has bought an oceanfront property at a bargain price—but it could be only a matter of time until it falls into the ocean. The home that David Moot owns in Eastham, Cape Cod, is just 25 feet...

Michael Jordan's Home Has a Unique Asking Price
There's a Reason for $14.855M
Asking Price on Jordan Home
in case you missed it
Sep 8, 2024 7:15 AM CDT

There's a Reason for $14.855M Asking Price on Jordan Home

Add up those numbers in the price tag, and you get 23, basketball star's jersey number with the Bulls

(Newser) - In Illinois' Highland Park, about an hour outside Chicago, a luxury home on the market has a very specific asking price that goes three digits past its million-dollar decimal point. Per Zillow , the nine-bedroom, 19-bath, 32,000-square-foot estate, located on seven acres at 2700 Point Lane, is owned by none...

Half a House on Sale for Half a Million

Southern California property has an 'open-concept floor plan' after being crushed by tree

(Newser) - Newly listed for sale in Southern California's notoriously pricey realty market: half a house for half a million dollars. The one-bedroom, one-bathroom bungalow in suburban Monrovia, northeast of Los Angeles, was crushed by a tree in May with two renters and two dogs inside. There were no injuries, but...

10 Best, Worst Real Estate Markets in US

McKinney, Texas, comes out as No. 1 in WalletHub ranking

(Newser) - The best two real estate markets in the nation are in the Dallas metro area, according to a new WalletHub assessment. The cities of McKinney and Frisco, Texas, finish 1-2 in the rankings, which used factors such as home values, price appreciation, days on the market, share of "underwater"...

Musk Starts to Foreclose on Gene Wilder's House

Billionaire who lent $6.7M to buyer is now moving to foreclose on the property

(Newser) - When Elon Musk announced he was selling his homes in 2020, he had one stipulation for the longtime residence of the late actor Gene Wilder: "It cannot be torn down or lose any [of] its soul." The 2,800-square-foot home overlooking the Bel-Air Country Club, purchased by Wilder...

As Big Changes Take Effect, Realtors Brace

Major NAR settlement changes the rules in how we buy and sell homes as of Saturday

(Newser) - Beginning Saturday, a sea change goes into effect for those looking to buy or sell homes, and the real estate agents on either side of the deal—and the latter group may be clutching their pearls and perhaps dusting off resumes. In what CNN calls a "seismic shift" in...

Real Estate Titan Brothers Accused of Sex Assault Pattern

Allegations against twins Alon and Oren Alexander, and their brother, Tal, go back 20 years

(Newser) - For years, the Alexander brothers were among the giants of luxury real estate in the US. When billionaire Ken Griffin shelled out $240 million for a New York City penthouse in 2019—then the most expensive residential sale in the US—it was Tal and Oren Alexander who helped broker...

A Megamansion Backlash Appears to Be Growing

Wall Street Journal reports towns across the US are imposing, or at least considering, size restrictions

(Newser) - In East Hampton, New York, big-box stores are capped at 15,000 square feet. Personal homes, though, can go up to 20,000 feet. It's a point made by the planning director of the municipality, where a working group has proposed cutting the biggest-allowable house size in half, to...

This Historic Kentucky Home Is Selling for Big Bucks

Pink residence in Louisville was childhood home of Muhammad Ali

(Newser) - The pink house where Muhammad Ali grew up dreaming of boxing fame—and where hundreds of fans gathered for an emotional send-off as his funeral procession passed by decades later—is for sale. The two-bedroom, one-bathroom house in Louisville was converted into a museum that offered a glimpse into the...

Full House Home Hits the Market for $6.5M

San Francisco Victorian was used for exterior shots in ABC sitcom

(Newser) - One of the most famous homes on TV is on the market. The four-bedroom, 3.5-bath Victorian located at 1709 Broderick St. in San Francisco—best known as the exterior of the home where the Tanner family lived in the ABC sitcom Full House—is for sale for $6.5...

Bay Area Lot Is Relatively Cheap, but There's a Catch

It turns out that 610 Grand Street in Alameda is underwater, literally

(Newser) - He surely thought he got the deal of a lifetime: A California pastor scooped up a lot with the official-sounding address of 610 Grand Street in Alameda for a relatively cheap $300,000 at auction, reports SFGate . Then he sent his realtor to take photos, only to learn that 610...

For Sale: Home Alone House
For Sale: Home Alone House
May 28, 2024 12:48 PM CDT

For Sale: Home Alone House

Got $5.25M? 'A piece of cinematic history' could be yours

(Newser) - Presumably Macaulay Culkin won't get left behind this time, but the house where his 1990 breakthrough film Home Alone was filmed is now on the market for the first time in a dozen years, reports CNN . Located in the Chicago suburb of Winnetka, Illinois, the house was the turf...

Who Wants to Live in a Lighthouse?
For Sale:
1897 Lighthouse
May 17, 2024 8:31 AM CDT

For Sale: 1897 Lighthouse

At Virginia's Smith Point Lighthouse, you don't even have to change the lamp

(Newser) - You'll get 360-degree views of Chesapeake Bay and plenty of privacy on your very own island. The catch, apart from crabs? You'll be living in a lighthouse. Smith Point Lighthouse, some 2.5 miles off the shore of Reedville, Virginia, at the mouth of the Potomac River, is...

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