Kim Kardashian’s West Hollywood Apartment on the Market

February 8, 2010
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The on-and-off couple, Reggie Bush and Kim Kardashian has gone into some real estate deeds.

Reggie Bush’s Hollywood Hills home, which was listed for $5.099 million, has disappeared off the MLS. Property records do not specify a sale.

Kim Kardashian on the other hand, has managed to unload her three-bedroom apartment in the West Hollywood. The reality star’s glamour girl inspired beige apartment was once listed on the market for $1.099 million but appears to have been sold for just $885,000; a number that she said was more than she bought it for. The main Kardashian clan home in Hidden Hills that has remained on the market for over a year is…

Find the Perfect House for You

February 8, 2010
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Florida real estate is a market that is full of prospects to own your own property. Now, there are lots of people who are probing for the perfect location for their investment plans.

One of the flourishing markets in real estate is the Florida. There are lots of benefits that you can get out of investing in Florida. There are lots of business opportunities and activities that you can take advantage of.

Florida is like an island and for sure you will love to experience water activities such as swimming, diving, fishing, surfing and a lot more.

Now, Florida is also known as one of the most visited place by those people who…

Mortgage Rates Slightly Increased

February 7, 2010
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According to Freddie Mac, the rates on 30-year fixed mortgages slightly increased this week, inching above 5 percent.

The average rate on a 30-year fixed mortgage was 5.01 percent this week, which is up from 4.98 percent last week. Last year at this time, the average rate for a 30-year fixed mortgage was 5.25 percent.

Rates chopped down to a record low of 4.71 percent set in early December. They have been held around 5 percent by a Federal Reserve program to pump $1.25 trillion into mortgage-backed securities to try to keep rates low and make home buying more affordable. That program is set to end March 31.

The average rate on 15-year…

Fairly Standard Southern California Home Listed for $7.749 Million

February 7, 2010
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This property is a great example of a Hollywood refurbishment – taking a fairly standard Southern California home transformed onto something out of the ordinary.

The producer-composer-musician, Tom Rothrock, and his wife, Monique, bought the property in 2002 for $1.475 million. The couple spent the last seven years working on the four-bedroom home that is situation on around a third of an acre at the crown of Lake Hollywood. The fully updated home has large windows and doors opening to the outside.

The oversized living room has 18-foot ceilings and walls of glass offering sparkling views. The two-story master suite has its own sitting room. Another unique space is the eat-in kitchen…

Make Your Home Stand Out in the Market

February 7, 2010
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It is important to remove the emotional attachment from your home and stand at the front door. What is going to be the first thing a buyer sees when entering the house? Of course, the living area will be the first part to see.

Too much furniture or furniture that is too large for a room is distracting to buyers. They need to be able to move around and get a feel for the flow of the house. Home staging has become a household word in today’s real estate market. The “less is more” rule is vital when putting your home on the market.

When thinking about accessories, you have to take…

Lenny Dykstra’s Thousand Oaks Mansion Back on the Market for $14.9 Million

February 7, 2010
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The property of former New York Mets and Philadelphia Phillies outfielder Lenny Dykstra has came to the Multiple Listing Service, this time listed for $14.9 million.

In 2007, Dykstra – who filed for Chapter 11 bankruptcy protection in summer – had purchased the 6.5-acre compound in Thousand Oaks from hockey great Wayne Gretzky for $18.5 million. The property was in default when Dykstra filed for bankruptcy that derailed a potential foreclosure auction.

The mansion came on the market in September 2008 at $24.9 million and after two price reductions was increased to $25 million a year later.

The Richard Landry designed the main house that has six bedrooms and eight bathrooms in 12,713…

Pete Sampras Bought a Six-Bedroom, Newly Built House in Los Angeles’ Brentwood Neighborhood for $5.6 Million

February 7, 2010
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The retired tennis superstar, Pete Sampras, and his wife Bridgette Wilson bought a six-bedroom, newly built house in Los Angeles’ Brentwood neighborhood for paid $5,600,000.

Sampras purchased the brand-new house that sits on a gated, 0.55-acre flag-shaped lot at the end of a street. Records showed that Sampras’ Golden Gate Trust purchased the house on December 16, with the deal being recorded on December 23.

The house features two master suites with room-size closets, five and a half baths, bathrooms with heated floors, a library, a media room, floor-to-ceiling windows, a large gourmet kitchen, a family room and a wine cellar, according to listing information.

Whilst, the outdoor features sunny lawns and streams,…

First Time Property Investors

February 7, 2010
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Do you want to own a property but is not sure if this is a good investment or not? Property owners have been there and done that too. Let us face it, choosing what kind of business to get into is not an overnight decision.

It is true when people say that investing in a property is wealth-building venture.

To start off, always make sure you know your goals for your real estate investment. Is it long term? When you are thinking long term, you should also think of other expenses that you have to shell out for the property maintenance and improvement.

Take note that your property will double or triple its…

Diffident Increase Seen by the Realtors in Sales Activity

February 7, 2010
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The amount of people planning to buy a home increased a little in December, a positive sign heading into the spring home buying season.

The National Association of Realtors stated on Tuesday that its seasonally adjusted index of sales agreements increased 1 percent from November to December to a reading of 96.6. That was a bit lower than the 97.1 level analysts expected, according to Thomson Reuters.

The index has gone up for nine out of the past 10 months as buyers work to take advantage of an $8,000 first-time homebuyer tax credit.

The credit had been set to expire November 30 before Congress extended it to April 30. Lawmakers also added a…