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.
Recently, Jill Eber and Jill Hertzberg of Coldwell Banker have listed the most expensive house in Miami at $60 million dollars. This posh mansion provides as much space, suitable for a king at 30,000 square feet, but one would need a great amount of land to build such a mega-mansion, located in Indian Creek Island, the home shows the very beauty of South Florida.
Things don’t look good for the Chinese real estate market. It seems the bubble is finally about to burst.
Its official, Ellen DeGeneres and her wife Portia de Rossi are new homeowners of a luxurious Malibu mansion, but not just any mansion, one formerly owned by Brad Pitt. After the couple had put their Beverly Hills home on the market earlier in the year, they’ve been interested in Pitt’s digs.
A luxury condominium in San Francisco, Calif. has sold for $28 million.