real estate

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His Drone Took Property Pics. Surveyors Didn't Like That

Man running business capturing land images for realtors sues after NC grounds his drone

(Newser) - When Michael Jones started a side hustle shooting drone photos and videos for real estate agents, his clients wanted more images with property lines on them, to better understand where their fences should be. It seemed like a good use of emerging technology that met an obvious consumer demand, and...

They Asked $1.15M for Home, Got Double That


They Asked $1.15M for
Home, Got Double That
in case you missed it
Apr 4, 2021 4:05 PM CDT

They Asked $1.15M for Home, Got Double That

'It's kind of a unicorn,' agent says of Berkeley, Calif., property

(Newser) - A home in Berkeley, Calif., was listed for $1.15 million—and just sold for twice that amount. Listing agent Jill Carrigan of Grubb Co., says it's the first time she’s seen a house sell for $1 million over the asking price. It's "an unusual feat...

Someone Bought a $500K House They Can Only Pretend to Live In

Latest non-fungible token, or NFT, is a home on Mars to be viewed via images or augmented reality

(Newser) - Non-fungible tokens have become all the rage in recent days, with one artist selling his NFT earlier this month for a record $69.3 million . Now, the new cryptocurrency—a unique digital file linked to a blockchain, which often includes such content as artwork, videos, and even social media posts—...

Buyer of Epstein's $51M NYC Mansion Revealed

Retired Goldman Sachs exec Michael Daffey will move in

(Newser) - A veteran Goldman Sachs trader gave himself quite the retirement present, partly courtesy of an early investment in Bitcoin. Michael Daffey, who worked at the firm for 28 years before retiring this month as chairman of the global markets division, has been revealed as the mystery buyer who paid $51...

Behind Florida's Real Estate Pitch, a More Sobering Stat

Roughly the same number of people are moving out of the state as moving in

(Newser) - A splashy narrative has emerged in Florida amid the pandemic from politicians and real estate developers, writes Candace Taylor in the Wall Street Journal . It states that Florida is the place to be for tech workers and uber-rich hedge fund execs looking to flee Silicon Valley and New York. And...

Zillow Will Make Cash Offers Based on Its Estimates

Company expands 'Zillow Offers' program

(Newser) - Zillow doesn't just want to provide an estimate of your home's worth—it wants to actually buy the place, too. The company is expanding a test program it calls Zillow Offers to more parts of the country, reports CNN Business . Under the program , prospective sellers would receive a...

Site of Infamous Borden Family Murders Is for Sale

Fall River, Mass., home where Lizzie Borden's dad, stepmom died, can be yours for $2M

(Newser) - The Massachusetts home where Lizzie Borden's father and stepmother were murdered with an ax has been listed for sale. The three-story Fall River clapboard house that has been converted into a museum and bed-and-breakfast was listed for sale online at an asking price of $2 million, the Boston Globe ...

You Can Be Part of Unusual 'Token of Appreciation' for Trump

Real estate agency is crowdfunding $3M to 'give' president's childhood home in Queens to him

(Newser) - Supporters of President Trump looking for a way to show their appreciation now have their chance, though they'll have to open up their wallets to do it. In what the New York Times deems as an "unusual real estate maneuver," the current owner of Trump's childhood...

Live Like the King for $2.5M
Live Like the King for $2.5M
Dec 3, 2020 10:45 AM CST

Live Like the King for $2.5M

Elvis' honeymoon home up for grabs again

(Newser) - The honeymoon hideaway of 1960s lovers Elvis and Priscilla Presley could be yours, and for a bargain compared to its 2014 asking price. The five-bedroom, five-bathroom Palm Springs home the couple inhabited for a year following their 1967 Las Vegas wedding is listed for $2.5 million , a fraction of...

Sea Levels Have Florida Housing Market 'in Distress'

Prices and number of sales are dropping in exposed coastal areas

(Newser) - A 2018 study warned that 64,000 Florida homes were at risk to chronic flooding by 2045 because of rising sea levels. The figure rises to 1 million homes by 2100. Now, new research suggests this effect already is showing up in the state's real estate market, reports NPR...

The Scene Was Terrifying. Now You Can Live in the House

A location from 'The Silence of the Lambs' goes up for sale

(Newser) - Sleeping too well? You can always drop $298,500 for a house used in the iconic 1991 horror film The Silence of the Lambs, Fox Business reports. The 3-story home in Perryopolis, Pennsylvania was built in 1910, sits on 1.76 acres of land, and is said to be in...

Tech Firm Pays $89.5M to Cancel Office Lease

Pinterest cites shift toward working at home

(Newser) - In an ominous sign for the commercial real estate market market, a social media company has decided to cough up $89.5 million instead of proceeding with a deal to rent new offices in San Francisco. The company cited the shift toward working from home for its decision to cancel...

New Yorkers' Demand for Homes Elsewhere Is 'Insane'

Home sales in the suburbs are booming, as are bookings for moving companies

(Newser) - The numbers are striking: Sales of homes in the suburbs surrounding New York City were up 44% in July when compared to the previous year, reports the New York Times . The newspaper has anecdote after anecdote of houses in Westchester Country, New Jersey, and Long Island being snapped up in...

A 'Brutal Loss' for Loughlin on House Sale

'Full House' star, husband wanted $28.7M for Bel Air mansion, reportedly got just $18M

(Newser) - A Tinder co-founder has swiped right on Lori Loughlin's Bel Air mansion, but reportedly not for what she and husband Mossimo Giannulli hoped to get for it. The couple, now awaiting sentencing in the college admissions bribery scandal , originally listed the 12,000-square-foot, seven-bedroom home for $35 million, though...

Realtor Group Drops the Term 'Master Bedroom'

They're now referring to 'primary' bedrooms, bathrooms

(Newser) - A realtor group in Texas says it is going to stop using the word "master" to describe bedrooms and bathrooms because of the term's association with slavery. The Houston Association of Realtors says its listing service will now use the terms "primary bedroom" and "primary bath,...

Musk Lists 5 More Properties for Sale

He's asking a combined $97.5M for the properties, all in California

(Newser) - Elon Musk appears to be keeping with his decision to own no home, with five more properties listed for sale. The Tesla founder is selling a 16,000-square foot mansion on 47 acres in Hillsborough, Calif., for $35 million, per the San Jose Mercury News . Musk purchased the home, featuring...

Elon Musk Really Is Selling His Homes

He's listed 2 of his Bel Air properties

(Newser) - Imagine no possessions—Elon Musk seems to be trying. The Tesla CEO may have been serious when he tweeted Friday that he is "selling almost all physical possessions" and "will own no house." Musk put two of his homes, both in Los Angeles' ritzy Bel Air neighborhood,...

Walmart Sells Shirts, Not Pants Amid Coronavirus

The pandemic is also affecting real estate and book sales

(Newser) - When you teleconference, no one can see your pants—and that's driving a spike in shirt sales as more Americans work at home during the coronavirus pandemic, USA Today reports. "We're seeing increased sales in tops, but not bottoms. So, people who are concerned, obviously, from the...

How Wall Street Grabbed $60B&mdash;and Your House
How Wall Street Turned
These Houses Into 'Hell'
longform
Mar 8, 2020 12:28 PM CDT

How Wall Street Turned These Houses Into 'Hell'

Companies snapped up 200K homes nationwide after the financial crisis

(Newser) - Chad Ellingwood's life is pretty much hell, and Wall Street is stoking the flames. That's according to a New York Times Magazine article chronicling his fall from happy homeowner in LA County's San Fernando Valley to miserable, embattled tenant in the same property, now owned by a...

Jeff Bezos Just Bought LA's Most Expensive Home

Amazon founder paid $165M for Warner estate

(Newser) - Jeff Bezos just bought the most expensive house ever sold in Los Angeles, and he's not going to have to worry about mortgage payments: With an estimated net worth of $131 billion, the Amazon founder could have bought the $165 million mansion almost 800 times over. Bezos has bought...

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