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In the world of the celebrity real estate drop, the listings are going up and the sales are no where to be found. As a nation, we know the financial sector is hurting when there are no big sales to report and a ton of listings.

An LA restaurant owner, Lonnie Moore, lists his home in Hollywood Hills for $3.5 million. The home was once owned by Mike Tyson and Robin Givens.

Regis Philbin is ready to ask, “Is that your final answer?” to a home buyer for his Greenwich home. The home is listed for $5.4 million.

Beverly Hills has a new listing to report. Mark Wahlberg, once a singer now an actor, has listed his home for a whopping $15.9 million. The home is nearly 9,000 square feet and was bought in 2001 for just under $5 million. Hello! The market is…

This gated community is full of large homes on beautiful properties.  There are 91 homes with 4 to 5 bedrooms each.  These homes are spacious and beautiful with the land being glorious and glamorous.  There is truly a feeling of being on top of the world in this gated community.  This beautiful location boasts beautiful tennis courts and a gated park.  There are many great views one can see from their home in this glamorous gated community.

The downfall is that there are many rules that one must follow to preserve the quality of life for all residents and the resale value of the home and the neighborhood.  These rules are a combination of city ordinances, community covenants and board rulings.  Some of these rules include the ability to change the…

When it comes to financing, you will be face with a lot of decisions. Knowing what to do and what not to do will help you to get the best deal.

The DO’S:

Pay your existing mortgage payments on time.
Pay all recurring debts on time, because there is a chance that your credit will be run again before the close of escrow.

The DON’TS:

Open a new credit line.
Purchase new furniture or a new automobile (including leasing the vehicle). A car payment on your credit report can greatly reduce your purchasing power on a home. Get the house first, then think about the car later.
Transfer funds or change banks without consulting the loan officer first.
Put more debt on your credit cards.
Change or quite a job without consulting the loan officer…

Homeowners’ Associations are legal entities that are created to enforce deed restrictions and provide upkeep for common areas.  These associations are more common in condominiums and in the newer subdivisions.  They are typically created when the community is first developed.  A document called the Covenants, Conditions & Restrictions (CC&R) is issued to all new homeowners and these rules are expected to be followed so the value of the properties in the development are not negatively affected. 

Membership to the homeowners’ association is mandatory for all homeowners within the development and members are typically charged an annual fee.  The association has the legal ability to not only enforce city codes but also those regulations found in the CC&R. …

The global real estate industry is truly in an interesting time. The sluggish property market in the United States has found its way to influence all other real estate markets all around the world. Foreign investors to properties are definitely finding it hard to determine which markets thy can logically and safely infuse their highly sought after investments.

Global property analyzing group Association of Foreign Investors in real Estate or AFIRE is conducting a yearly poll to find out an updated list of hot property markets around the world. As a standard practice, the survey is asking about 200 foreign property investors from across the globe. Such investors are estimated to infuse up to $700 billion in offshore property investment opportunities.
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It is hard to think of a seller that may not want to sell their home, but it does happen.  Oftentimes the homes have been in the family for a long time and people do not want to sell the house.  These sellers will subconsciously place the house up for sale at a price that is unreasonable.  They will also be unwilling to lower their price or help in the improvements necessary for the house.  These sellers do not want to sell their home to just anyone, they want to sell their home to the right one.

There is a lot of sentiment in a home.  The home is where everything happens, where children are born, where the elderly are cared for, where pictures are taken and dinner is served.  The home is at the center of the family life.  It is the place of safety and…

Jimmy Chamberlin of the Smashing Pumpkins has sold his home in Murrieta California for a whopping $420,000. And you thought all rock stars lived in big, fancy homes. The home houses 3 bedrooms and is located 60 miles to the south of Los Angeles.

Amy Sedaris, known as an actress and a comedian has bought into the thriving Manhattan housing market. Sedaris dropped a cool $1.3 million dollars on a one bedroom co-op in the West Village. It seems there is nothing slumping in Manhattan.

Chris O’Donnell, once an actor and now missing in action, has sold a home in Pacific Palisades. The home was listed for a length of time for just over $5.3 million, but records are not showing how much the home sold for in the end.

Down for the count, NOPE! Sylvestor Stallone…

When it comes to the real estate market and the slump felt across America, there are a few areas of the business sector that are booming. These markets have little to do with physically selling homes and more to do with the home trashing that occurs when the home is foreclosed upon. If you own a home cleaning business, general contracting business or a landscaping business you may not be crossing your fingers for the inevitable up turn.

Home cleaning businesses traditionally market their services to the public sector. But, with the huge rise of home foreclosures, these small mom and pop businesses are seeing a rise in sales for their services. When a home is going into foreclosure, the anger surrounding the fact that the homeowner will lose their pride…