25 Signs You Live in Los Angeles

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L.A., City of Angels, Lalaland, Tinseltown, Entertainment Capitol of the World. No matter what you call it, the residents of L.A. are proud to call their city home. Read on for signs you’re an Angelino at heart. 1.) You’re always 30 minutes late. via Rémi Jouan/Wikimedia Commons “It’s the rush-rush life here. Traffic takes so much time out of your … Read More

Bank Reduces Price of R. Kelly’s Foreclosed Home

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JP Morgan is having a tough time selling the sprawling, 14,500 square foot mansion once owned by R. Kelly . The bank, which was the lender on the property, purchased the Olympia Fields, IL home in March at a foreclosure auction for $950,000, a far cry from the $5 million it was once thought to be worth. On July 16 … Read More

How to Calculate the Square Footage of Your Home

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By: Philip Gvinter , DC Redfin Listing Agent A house that sounds roomy and spacious online may actually have 800 of its square feet contained in a four-foot tall dirt-floor basement. What’s up with that? In Washington DC , my clients are often confused at the square footage discrepancy between what’s listed and what they see on tour, and my … Read More

Ellen & Portia Sell Beverly Hills Condo for $843,900

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Ellen DeGeneres and Portia de Rossi have a hobby most can only dream of; buying homes so they can fill them with beautiful furniture and décor. Once they’re bored with decorating the home, they often put it on the market. That was certainly the case with the Thousand Oaks ranch that they recently listed , which has been featured in … Read More

Bueller? Bueller? Ferris Bueller Ferrari Home Hits Market for $1.5M

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The home where part of Ferris Bueller’s Day Off was filmed hit the market (again) for $1.5 million! Photos on the listing show the famous garage that housed Cameron’s father’s red convertible Ferrari. The space is now being used as a family room. The home has been on and off the market since 2009, when it was first listed for … Read More

Bidding Wars Continue to Tumble as Housing Market Rebalances

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Competition in the US residential real estate market dropped for the fourth consecutive month in July, underscoring the market’s overall trend towards balance. Nationally, the percentage of offers written by Redfin agents that faced multiple bids fell to 63.3 percent in July, down from 68.6 percent in June, and 75.7 percent at the peak in March.   For the full … Read More

#31: Building a Professional Wholesaling Business with Lamar Cannon

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On today’s show, we want to introduce you to a relatively new investor who is building a really awesome wholesaling business through the use of smart marketing, savvy business skills, and persistence. Lamar Cannon, from the Austin, TX area, shares with us his story of how he got started with wholesaling and uses the sales skills from his previous job … Read More

Homebuyer Demand Cools Further Heading into August

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Each month, Redfin captures homebuyer demand by tracking the number of home tours requested and offers made by its customers across the country. Since peaking April, Redfin customers touring homes and making offers has been on a steady decline, further indication that the overall housing market is cooling . For the full report including data tables, charts, and a downloadable … Read More