real estate

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Michael Jordan Selling Estate for $29M

Regulation-sized basketball court? Of course

(Newser) - It would make a nice souvenir for any Chicago Bulls fan: Michael Jordan's estate along Lake Michigan in suburban Chicago is up for sale, reports AP . It's got the usual estate specs: 56,000 square feet, nine bedrooms, 15 bathrooms, five fireplaces, plus a few Jordan-esque touches: a...

Buy a French Village for $431K
 Buy a French Village for $431K 
Feb 22, 2012 5:42 PM CST

Buy a French Village for $431K

Deserted hamlet of Courbefy has 19 buildings

(Newser) - Got $431,000 lying around? A deserted French village can be all yours. Courbefy, located in the Limousin region, comes with 19 buildings, including family homes, reports the Telegraph . Be forewarned: Neighbors say it's frequented by "thieves, drunks and squatters," and one dubbed it a ghost village....

&#39;Squatter&#39; Who Claimed McMansion Gets the Boot
'Squatter' Who Claimed McMansion Gets the Boot
in case you missed it
Feb 11, 2012 10:55 AM CST

'Squatter' Who Claimed McMansion Gets the Boot

Texan's 'adverse possession' argument rejected

(Newser) - The Texas man who claimed the law of "adverse possession" allowed him to get an abandoned $340,000 home by paying $16 to file a claim is now looking for somewhere else to live. A judge decided that the current lien holder, Bank of America, had the right to...

Florida Abolishing 'City That Never Was'

Conservationists thwarted developers' plans for Islandia

(Newser) - Florida's smallest city, which spans 33 islands at the north end of the Florida Keys and is home to many more manatees than people, is about to be wiped off the map. The city of Islandia only ever really existed in the minds of developers, who declared it a...

Gerald Ford's Compound For Sale

Former president's desert home offered for $1.7M

(Newser) - A dream come true for wealthy Gerald Ford fans: The California home he lived in for decades after leaving office is up for sale at $1.7 million. The six-bedroom Rancho Mirage desert compound sits on the 13th fairway of the Thunderbird Country Club, and was designed by architect Welton...

Investors Snapping Up Daily Papers

Real estate a major factor in sale of 71 papers last year

(Newser) - Despite plunging revenue and circulation figures, plenty of people in America are still buying daily newspapers—lock, stock, and valuable headquarters. Some 71 daily papers were sold last year, and while some investors see buying a paper as a civic duty, others view it as a way to turn a...

$6.5M Ranch Comes With ... Herd of Elk

13-bedroom lodge is on 3,800 acres in Utah

(Newser) - A 13-bedroom lodge and 3,800-acre ranch in Utah is on the market for $6.5 million, and the sale offers a unique amenity: a herd of 50 elk. They contribute to the allure of the ranch as an upscale getaway for hunters, but the animals were not enough to...

Bam! Emeril Lagasse Asks $15M for NYC Home

Famous chef lists townhouse for $3.5M over purchase price in 2009

(Newser) - Celebri-chef Emeril Lagasse is hawking his Upper East Side townhouse in New York City for a whopping $15 million. That's a full $3.5 million over the price he paid for it in 2009, reports Forbes . Surprisingly, the listing for the 6,900-square-feet digs does not include a description...

Gucci Honcho Forks Over $32M ... for 2-Bedroom Home

Francois Pinault buys quite the London residence

(Newser) - There are extravagant home purchases and then there are extravagant ones: French billionaire François Pinault just forked over $32 million for a London home. The eyebrow-raising detail? It has just two bedrooms. Pinault, father of Salma Hayek's hubby, is the head honcho of PPR, the luxury goods company...

Cuba Allows Citizens to Buy, Sell Homes

But only within certain stringent limits

(Newser) - Cuba is taking another baby step toward capitalism, making it legal, for the first time in more than 50 years, for citizens and residents to buy and sell homes, a state-run newspaper announced today. It’s the latest and, according to a BBC correspondent, most significant in a string of...

Luxury Home Sales Surge in Beverly Hills

Just ask Jennifer Aniston's accountant

(Newser) - Luxury real estate in and around Beverly Hills is selling at a hot pace despite a swell in foreclosures on high-end homes elsewhere in the US, reports the Wall Street Journal . One high-profile example: Jennifer Aniston sold her mansion last summer for $36 million—nearly triple the $13.5 million...

Want a Massage? Hit an Open House

Specifically, an open house for a luxury home in Southern California

(Newser) - Lest you think the housing market is entirely in the crapper, know this: Some people are still buying luxury homes, but the competition for them is fierce. So they're being wooed, in part, by open houses that are pretty insanely over-the-top. How insane? Think open houses peppered with: male...

America&#39;s 5 Priciest Zip Codes
 America's 5 Priciest Zip Codes 
Oct 14, 2011 3:25 PM CDT

America's 5 Priciest Zip Codes

New Jersey, California, and New York neighborhoods top the list

(Newser) - 90210's claim to fame extends beyond Tori Spelling and Shannen Doherty. The zip code is also one of the five priciest in America. With the help of Altos Research, Forbes crunched 20,000 zip codes' worth of real estate listings to zero in on the poshest geographic areas in...

London Sets Record for Luxury Home Sales

Foreign buyers are pouring in money to escape volatility at home

(Newser) - The market for London's most luxurious homes is skyrocketing as foreign buyers, seeking safe investments, swoop in to purchase the city's priciest residences. Sales of properties worth more than $8 million spiked 31% to a record 262 in the past year, reports Businessweek . House-hunters hailing from the Middle...

Romney Quadrupling Size of Beach Mansion

Life's a beach: 6,500-square-foot pad 'not nearly big enough'

(Newser) - When the going gets tough some of the tough apparently quadruple the size of their mansions. That's what Mitt Romney is doing with his $12 million palatial California beachfront pad. He plans to bulldoze the 3,000-square-foot mansion and replace it with an 11,000-square-foot home. The Romneys want...

Dude! Big Lebowski Bungalow for Sale

Compound including Dude's pad offered for $2.3M

(Newser) - The Dude's abode is for sale—rug not included. The one-bedroom bungalow featured in The Big Lebowski is on the block as part of a six-home compound in the Venice district of Los Angeles with a very un-Dude total price tag of $2,295,000, Gawker reports. The realtors...

Squatter Gets Texas Luxury Home for $16

Uses an obscure "adverse possession" law to acquire ownership

(Newser) - Thanks to a little-known Texas real estate law, one creative guy seems to have snagged a $300,000 Texas home for just $16, reports KHOU-TV . Kenneth Robinson found a high-end home that had been abandoned after the owner walked away and the mortgage company went bankrupt. Then he filled out...

More Foreclosures Means More Mold

Abandoned homes are perfect environments for mold and mildew

(Newser) - At least one population is benefiting from the housing foreclosure crisis—mold. As more foreclosed homes sit unused for months or years while bureaucracy holds back sales, mold and mildew are growing at an alarming rate, reports NPR . More than half of all forecosed homes in some states are thought...

Beck Ditching East Coast for $20K-a-Month Texas Mansion

His landlord will be baseball player Jorge Piedra

(Newser) - Glenn Beck must be properly sick of getting wine spilled on him , because he is getting out of the tri-state area and heading for the roomy expanse of Texas. Beck sold his Connecticut mansion for $3.6 million and will be moving into a Dallas-area estate owned by baseball player...

Renters Flock to Whitey Bulger's Santa Monica Digs

Residents to want live where a fugitive escaped a decade-long manhunt

(Newser) - The simple Santa Monica apartment where James "Whitey" Bulger hid from the FBI for more than a decade could soon be one of the hotter properties in the city's rental market. The door to unit 303 remains sealed with police tape as FBI agents continue to pick the...

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