Jessica Simpson Drops Price of Home by $700K

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After three months on the market, Jessica Simpson has decided to drop the price of her Beverly Hills estate by $700,000, from $7.995 million to $7.295 million . Even with such a significant price drop, she still stands to make money from the sale. Simpson purchased the home in 2005 for $5,275,052. It was the first home she lived in … Read More

Speed of Real Estate Market Downshifts Again in July

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While homes continue to get snatched up at a rapid pace, the percentage of homes that went under contract within two weeks decreased slightly for the third consecutive month, reflecting a gradual slowing trend. Nationally, 29.2 percent of homes were under contract in less than two weeks in July, down from 30 percent in June and 32 percent in April. … Read More

BP Podcast 032: Luxury House Flipping, Finding Deals, and Discovering Your Niche with Will Barnard

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Many house flippers focus on small, cheap properties – but on today’s show we look at the other end of the flipping world: luxury house flipping. Our guest today, Will Barnard, is currently flipping multimillion dollar homes in the Southern California market, but the lessons and tips he shares can help any investor in any […] View the full article: … Read More

#32: Luxury House Flipping, Finding Deals, and Discovering Your Niche with Will Barnard

Build RealtyReal Estate Investing

Many house flippers focus on small, cheap properties – but on today’s show we look at the other end of the flipping world: luxury house flipping. Our guest today, Will Barnard, is currently flipping multimillion dollar homes in the Southern California market, but the lessons and tips he shares can help any investor in any stage of the game. Will … Read More

BP Podcast 032: Luxury House Flipping, Finding Deals, and Discovering Your Niche with Will Barnard

Build RealtyReal Estate Investing

Many house flippers focus on small, cheap properties – but on today’s show we look at the other end of the flipping world: luxury house flipping. Our guest today, Will Barnard, is currently flipping multimillion dollar homes in the Southern California market, but the lessons and tips he shares can help any investor in any […] View the full article: … Read More

Los Angeles County Housing Market Entering a New Phase

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While Los Angeles County remains one of the nation’s most competitive real estate markets, the home-buying frenzy that dominated the area over the past year has started to ease.   For the full report, visit Redfin’s Research Center . The post Los Angeles County Housing Market Entering a New Phase appeared first on Redfin Real Estate Blog . via Redfin

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