Builder confidence dipped in January, but continues in a healthy range, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index. In January, the Index recorded a 75; at 51 or higher, builder confidence is overall positive. “Low-interest rates and a healthy labor market combined with a need for additional inventory […]
This article was originally posted on The Hollywood Reporter. “This is f—ing nuts, right?” asks developer Bruce Makowsky of the Bel Air spread boasting 12 bedrooms, 21 baths, a $200,000 built-in candy wall, $30 million in cars and the helicopter from ’80s TV show ‘Airwolf.’ “Come on! This is f—ing nuts, right?” asks developer Bruce […]
This article was posted by Keith Flamer on Forbes. Listed for $1 billion, The Mountain of Beverly Hills is officially the most expensive property in the history of Los Angeles (if not the world). Let that soak in. Yes, billion with a “b”—as in Bezos, Buffett and Bloomberg. If you’re super rich, audacious and aroused enough to place the winning bid, […]
That’s less than 3 percent above last year’s median price This article has been reposted from Curbed Los Angeles. Written by Elijah Chiland. After years of steady escalation, home prices in Los Angeles County are tapering off, according to a new report from CoreLogic. The real estate data tracker finds that the county’s median home price was $579,500 […]