An anonymous person tells news sources of a London penthouse that sold for 100 million pounds, which rings in at a stifling $157 million.
Dennis Quaid has been spending more time in Texas to be closer to family, so he recently sold his Pacific Palisades equestrian estate for $9.5 million.
Fred Gehring, CEO at Tommy Hilfiger, recently purchased one of the most spacious condominium units on Bond Street for $7.07 million. The lavious property is 2,592 square-feet with 3.5 bathrooms, three bedrooms, a custom-designed fireplace, not to mention there are seven altogether within the beautiful nine-story building, also, private outdoor space, just perfect for an intimate gathering.
Pierce Brosnan’s second Broad Beach Road mansion, which had been under construction for eight years, could be in trouble.
After a year and a half of construction, Tom Brady and Gisele Bündchen’s $20 million Brentwood castle is almost ready for move in. The pair purchased the lot, which rings in at 3.75 acres, in 2008 for $11 million.
A condo unit located in the Wilshire building that was previously owned by the late Farrah Fawcett has just been sold for $1.55 million.
Actress Rose McGowan has just purchased a nearly 3,000-square-foot four-bedroom home in the Hollywood Hills.
Regardless of the fact that the housing market is still in somewhat of shambles, those unaffected by the bad economic climate made some outrageous home purchases this year. Sales in New York, Florida, California came in as some of the largest sales in state and national history.
What are real estate professionals saying to homebuyers and sellers about current market conditions? The successful brokers and sales associates are talking about the strengths that exist in the market. Below are positive angles that appeared recently in the media and underscore why it is a good time to buy real estate.
Just last month, former Citigroup chairman Sandy Weill put his 15 Central Park West apartment up for sale for $88 million. Now Ekaterina Rybolovleva, daughter of Russian billionaire Dmitriy Rybolovlev, is buying.