TopTenRealEstateDeals.com Presents This Week's Most Important, Interesting and Unusual Real Estate News Stories of the Week
Pompano Beach, FL (PRWEB) April 24, 2014 -- "Jon Bon Jovi"
Jon Bon Jovi might be praying a bit harder these days. He has relisted his New York City penthouse for $37.5 million.
"Connecticut Mansion Sale Sets New Record"
Copper Beech Farm in Greenwich, Connecticut has reportedly sold for $120 million, possibly the highest price ever paid for a single-family home in the United States. It went on the market one year ago for $190 million, reduced to $140 million last summer and $130 million earlier this year.
"Bird Lady Takes $700K Hit"
The video that went viral of the blond woman flipping off Joakim Noah of the Chicago Bulls during an NBA playoff game last year was seen by millions of people. According to “The Real Deal,” the lady just took a $700,000 loss on the sale of her Florida home she bought in 2006.
"American Institute of Architects 2014 Award Winners"
The American Institute of Architects recognizes innovative and environmental-friendly home designs with yearly awards for single, two-family, multi-family and specialized housing.
"Internationals Buying U.S. Homes"
A big reason why the huge South Florida condo bust inventory was liquidated in a couple years instead of a generation, as some experts predicted, was a result of international buyers.
"$60 Million for Hare Krishnas Headquarters"
Ever wonder where all that spare change went to that the Hare Krishnas collected at airports? Their New York City headquarters is for sale at $60 million.
"Florida Tax Wars"
It might be hard to believe but some wealthy people are claiming Florida residence even though primarily living in another state. Florida's zero state income tax and low corporate and property taxes are tempting some people to bend the rules a bit.
"Detroit's Great Landlord Opportunities"
What is the best real estate investment deal in the country? According to CNN, it is rental property in Detroit.
"Back to the 1950s"
A Toronto home has had the same owner for over 72 years. The home's décor, furniture and colors are a flashback to the 1950s.
"Upscale Meth Lab Homes"
Luxury homes in good neighborhoods are ideal for methamphetamine lab sites.
"Good News for Home Loan Borrowers"
According to the Mortgage Bankers Association, mortgage credit availability is at its highest level since at least 2011.
"Alex Rodriguez's Real Estate Future"
With Mr. Rodriguez's baseball career suspended and going downhill, he may have a future in real estate. Alex made a $15 million profit on a Miami mansion that he remodeled and sold in 2013, and just made another $500,000 profit on a Miami Beach condo he bought just one year ago.
"Tommy Hilfiger Buys Famous Miami Beach Hotel"
Another indication that Miami Beach is a big deal internationally, fashion designer Tommy Hilfiger just purchased the Raleigh Hotel on Collins Avenue. The Raleigh opened in 1941; its pool was named “the most beautiful pool in America” by Life Magazine in 1947.
See all these stories and much more at TopTenRealEstateDeals.com.
Terry Walsh, Top Ten Real Estate Deals, http://www.toptenrealestatedeals.com, +1 (954) 283-9214, [email protected]
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