Hub News

House Flipping on the Decline

As home prices begin to level out again, the real estate market is seeing a decline in the number of houses getting flipped for a profit. “Flippers no longer have the luxury of 20 to 30 percent annual price gains to

NYC’s Real Estate Epicenter is Shifting

Bloomberg News has reported that New York City is currently experiencing a shift in what what neighborhoods are considered the most desirable for apartment and office rentals. Whereas Midtown – from 30th to 59th Streets – has been the hotspot in recent

’50 Shades of Grey’ Apartment Building a Hot Commodity

Escala, the Seattle condo complex where the fictional Christian Grey famously lived in the wildly popular 50 Shades of Grey novel series, has become a hot commodity in the Seattle real estate market. In the book, Grey inhabited the penthouse, and real-life broker

All-Cash Deals Remain Popular in Some Markets, but Lessening

According to the latest reports, 38 percent of home purchases in the second quarter of 2014 were all-cash deals. This is a large number to be sure, but it is actually down from 42 percent in the first quarter of the year. Experts are

Residential Construction Rates are Rising

The U.S. Census Bureau and the Department of Housing and Urban Development revealed this week that, from June to July, three important residential construction numbers have risen nationwide. The numbers of construction permits taken out (+8.1 percent), construction projects started

Bruce Willis Finally Sells $16.5M Beverly Hills Estate

Following more a year on the market, Bruce Willis’s $16.5 million Beverly Hills estate has finally sold. The final purchase price was nearly 20 percent less than the original asking price of $22 million, which Willis had set back

Bravo Hires New Hosts for ‘Million Dollar Listing’

“Million Dollar Listing” has two new agents this season in British transplants James Harris and David Parnes. The two men are successful realtors and own Bond Street Partners in L.A., and now they will help move million-dollar properties on the Bravo

San Francisco Has Toughest Housing Market to Afford

According to the National Association of Home Builders/Wells Fargo Housing Opportunity Index, the San Francisco housing market is the toughest in the country to break into. In the second quarter of 2014, only 11.1 percent of households earning the median

Robin Williams’s $29.9M Napa Valley Villa for Sale

Four months before his tragic passing earlier this week, Robin William put his 653-acre Napa Valley estate on the market for $29.9 million, and it is still listed for sale. Nicknamed Villa Sorriso, the home boasts five bedrooms, six full

Experts Warn: Don’t Try to Time the Market

When purchasing a home, it may be very tempting to try to either delay or rush the process in order to secure the best interest rate. But experts warn against both of these strategies. If you wait too long, a

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