real estate

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Buyer Sees Opportunity After Fire Station Mistakenly Sold

Rather than fork over $1.1M, a Swedish town is suing

(Newser) - A town in northern Sweden is in a heated fight to get its fire station back after it accidentally sold it. The municipality of Storuman sold several buildings to a private real estate group in 2014, unaware its fire station had been added to the property register listing two years...

Kushner Didn't Pay Federal Taxes for Years: NYT

Documents show how real-estate developers avoid paying

(Newser) - Seems President Trump isn't the only one who avoids paying taxes . Jared Kushner paid little to no taxes from 2009 to 2016 by exploiting a quirk of the tax code that benefits real-estate developers, the New York Times reports. A review of his private financial documents shows that Kushner—...

'This Smells Like a Crime': NYT Probes How Trump Got Rich

Investigation finds alleged tax avoidance and fraud

(Newser) - President Trump, a self-made man? Not according to a New York Times report that he received at least $413 million in today's dollars from father Fred Trump's business empire, often by dodging taxes in the 1990s—and sometimes by committing flat-out fraud. Trump says his dad only lent...

These Are the Best Places To Buy a House for 2018

WalletHub looked at 300 cities

(Newser) - Looking for a place to buy a house and put down some roots? You might consider Texas. Cities in the Lone Star State take the first three spots on WalletHub's new list of best places to buy a house (and five spots total in the top 10). WalletHub looked...

Thinking of Buying a NZ Home? Not So Fast

Country just passed law barring foreigners from buying houses there

(Newser) - New Zealand home prices are among the highest in the world , and it's finally had enough. The country's plan to make the real estate market more affordable for locals: Bar foreigners from buying homes there (with very few exceptions) in an attempt to drive the housing supply up....

'Brady Bunch House' Bought by Familiar Name

HGTV outbids Lance Bass, among others

(Newser) - The " Brady Bunch House " has a buyer, and it's HGTV. "I'm excited to share that HGTV is the winning bidder and we'll restore the home to its 1970s glory as only HGTV can," David Zaslav, CEO of parent company Discovery, announced Tuesday in...

Price of Beverly Hills Parcel Has 9 Zeroes
$1B for 157 Acres: It's
a Mind-Boggling LA Listing
in case you missed it
Aug 5, 2018 6:49 AM CDT

$1B for 157 Acres: It's a Mind-Boggling LA Listing

'The Mountain,' still undeveloped, has the most expensive asking price in LA history

(Newser) - What do Merv Griffin, the founder of Herbalife, and the sister of the late shah of Iran have in common? They all owned (and failed to develop) a 157-acre property that sits in the hills high above Los Angeles. Now, the "crown jewel of Beverly Hills" as it is...

The 'Brady Bunch House' Is Now for Sale

It could be yours, if you've got deep pockets

(Newser) - For $1.9 million, you can live in "the Brady Bunch House." That's what a real estate agency is calling 11222 Dilling Street in California's Studio City, the house that was used to film exteriors for the Brady home in the iconic TV show. The show...

Jackie O's Childhood Home Now Belongs to Saudi Arabia

Government purchases estate in McLean, Va., for record $43M

(Newser) - Jackie Kennedy Onassis' childhood home is now in the hands of the Saudi government following what a real estate agent describes as the most expensive residential sale ever in the Washington, DC, area. The seven-acre Merrywood estate in the DC suburb of McLean, Va., nabbed by AOL co-founder Steve Case...

'Western White House' Is Up for Sale

Richard Nixon's former oceanfront estate in San Clemente on the market for $63.5M

(Newser) - A little piece of history is on the market in California. An oceanfront estate in San Clemente once owned by Richard Nixon and dubbed the Western White House while he was in office is up for sale for $63.5 million, reports the Los Angeles Times . Nixon hosted everyone from...

Shed or House? It's Yours for Just Under $1M

The one-bedroom, one-bath property was originally listed at $1.15M

(Newser) - A 595-square-foot Southern California cottage with one bedroom and one bathroom is on the market for just under $1 million, according to the AP . The Orange County Register reports the price of the tiny abode in tony Laguna Beach dropped to $998,900 this month after being listed for as...

Trump, Critic of Gov't Housing, to Get $36M From Sale

President owned 4% of NYC subsidized housing development that just sold for hundreds of millions

(Newser) - The nation's largest subsidized affordable housing complex was just sold for hundreds of millions of dollars, with some of the money going to a prominent critic of government housing programs: President Trump. Trump and other investors in Starrett City in Brooklyn have sold the 46-building complex to two real...

Trump's Real Estate Empire Is Doing Something Unusual

It's buying properties with cash, and lots of it, instead of through loans

(Newser) - The Trump Organization keeps the details of its financial operations close to the vest, but the Washington Post uncovered something unusual about its real estate strategy: It's been paying cash for properties and forgoing the usual practice of securing loans. Specifically, the Post found that the president's company...

Report Sheds Unflattering Light on Hannity's $90M Investment

The Fox News personality's real estate dealings are being questioned

(Newser) - Sean Hannity has hit back at assertions in a report from the Guardian that cast an unflattering light on a massive real estate deal to which he is financially tied. Calling the report an "attack," the Fox News personality sought to deny any wrongdoing after it was revealed...

Condemned Bay Area Home Sells for $1.23M
Bay Area Home
With Holes in Roof,
Mildew Sells for $1.23M
IN CASE YOU MISSED IT
Apr 22, 2018 7:11 AM CDT

Bay Area Home With Holes in Roof, Mildew Sells for $1.23M

Fremont home was condemned

(Newser) - A condemned Northern California house with holes in the roof and mildew in the pipes sold last month for $1.23 million, a price tag that highlights how a housing shortage is fueling skyrocketing home prices in the San Francisco Bay Area. Listing agent Larry Gallegos said Wednesday he received...

Home Destroyed by Fire Could Be Yours for $800K

Welcome to San Jose

(Newser) - It's certainly not the prettiest house on the block. But a burned-out home on a 5,800-square-foot lot in Silicon Valley could be yours if you have $800,000 to spare and act fast. "This is what it's worth," realtor Holly Barr tells KTVU of the...

Couple Withdraw Offer on $1.8M Home Over Porn
Couple Withdraw Offer on
$1.8M Home Over Porn
IN CASE YOU MISSED IT
Mar 4, 2018 7:17 AM CST

Couple Withdraw Offer on $1.8M Home Over Porn

'I just can't make Thanksgiving dinner on counters where a porn star has been lounging around'

(Newser) - Ah, home sweet home. Or home sweet porn set, in the case of an Arizona couple who were in the process of buying a $1.8 million Paradise Valley luxury home when the listing agent happened to mention that the sellers were in the, er, entertainment industry. A little investigation...

This Man Owns More Land in US Than Anyone

Telecom exec John Malone has 2.2M acres

(Newser) - The list may not have the same cachet as the Forbes list of richest Americans, but it's an interesting look at an often overlooked aspect of US wealth. The Land Report is out with its annual list of the 100 largest private landholders in America, and sitting on top...

Trumps to Ditch Their 'Epically Mismanaged' NYC Hotel

The Trump SoHo has had troubles from the start

(Newser) - A posh New York City hotel bears the Trump name—but the Trumps have apparently had it with the property, the New York Times reports. The Trump Organization has penned a deal that lets it out of its ties to Trump SoHo by the end of the year, bringing to...

Welcome to the Depressing New Real-Estate Game
Welcome to the Depressing
New Real-Estate Game
in case you missed it
Sep 23, 2017 5:33 PM CDT

Welcome to the Depressing New Real-Estate Game

Faraway investors scoop up abandoned homes online to make a quick buck

(Newser) - A story in the New Republic pronounces "a new era of real estate speculation" in the US, one that's taking a depressing toll on poor neighborhoods across the country. Two factors are at play: the housing bust of 2008, which left a glut of abandoned properties on the...

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