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Home price gains bring sellers off the sidelines

From Boston Herald

SAN DIEGO ? Robert and Emerald Oravec were itching to sell their condominium late last year to move closer to a favorite surfing spot, but they were stuck. They owed the bank $194,000 and figured the most they could get was $180,000.When they put their San Diego home up for sale a few months later, they fielded five offers within two weeks. It sold for $260,000 in May, allowing them to invest profits in a new home that's more than twice the size on a large lot and 40 minutes closer to the ... Quick Read

Student debt flunking many first-time home buyers

From Boston Herald

WASHINGTON ? They?re not yet an endangered species, but their steadily diminishing presence has some real estate analysts worried: First-time buyers are missing in action in housing markets across the country.Traditionally first-timers have accounted for around 40 percent of purchases in the resale market. But in May, according to the National Association of Realtors, they were just 28 percent, down from 29 percent in April and 34 percent a year ago. ... Quick Read

Beacon pays steep markup to buy back Channel buildings

From Boston Herald

Beacon Capital Partners is back in the game at the Channel Center in South Boston?s humming Fort Point Neighborhood.The Hub real estate investment firm purchased the properties at 7-9 Channel Center for $7.8 million and 10-20 Channel Center for $62 million from Southport, Conn.-based CV Properties, according to Registry of Deeds documents filed yesterday. ... Quick Read

In Case You Didn't Hear: Lady Gaga

From Realestalker

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Instant Glamor and Relaxation: Just Add Water

From Luxury Portfolio

The soothing sounds of fountains and waterfalls create a tranquil atmosphere. It’s no wonder they are a popular feature at spas and resorts; the calm bubbling puts minds at ease and nerves on pause. We have discovered some luxury properties tha... Read More ... Quick Read

Adam Levine Quietly Unloads in the Hollywood Hills

From Realestalker

SELLER: Adam LevineLOCATION: Los Angeles, CAPRICE: $3,550,000SIZE: 2,045 square feet, 2 bedrooms, 2 bathroomsYOUR MAMAS NOTES: Your Mama has twice now heard?first from an anonymous tipster and then from The Bizzy Boys at Celebrity Address Aerial?that tatted up Maroon 5 front man Adam Levine?who moonlights as a coach on The Voice?quiet ... Quick Read

Back Bay brownstone makes break from past

From Boston Herald

When you think of a 19th century brownstone located in Boston?s Back Bay neighborhood, the last thing that comes to mind is a contemporary-style home.But Boston firm Ruhl Walker Architects did just that for a triplex penthouse, where combined upper-floor units were designed and rebuilt into 3,100 square feet of living space. The condo has three bedrooms and three and a half bathrooms as well as one deeded parking space. ... Quick Read

Frank Thomas not left hurting after sale of mansion

From Las Vegas Sun

The Big Hurt has sold his big house in Henderson. Former baseball slugger Frank Thomas sold his two-story, 7,731-square-foot Seven Hills mansion to Texas businessman Shawn Byrum for $2.38 million this month. ... Quick Read

Milford Mill Swim Club sold for $775,000 at auction

From Baltimore Sun

Property sold to religious group, auctioneer saysThe storied Milford Mill Swim Club in Baltimore County sold at auction Thursday for $775,000 to a religious group, said Dan Billig, managing member of A. J. Billig & Co. Auctioneers.  ... Quick Read

Owlwood (semi-)Officially Listed

From Realestalker

Last July Your Mama repeated the white hot and quietly wide spread Platinum Triangle real estate rumor that the famous Owlwood compound in Los Angeles's supremely hoity toity Holmby Hills area was surreptitiously being shopped to qualified buyers with?according to our well-connected informant Lenny Lemmetel ... Quick Read

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