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Celebrity Real Estate: Barack Obama, Bristol Palin

By Laura Vecsey

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Celebrity Real Estate: Kylie Jenner, Joe Cocker, Allison Janney

By Laura Vecsey

Keeping Up With All the Kardashian/Jenner Moves

The Kardashian Klan nest is getting emptier and emptier. Not only has Bruce Jenner moved out and onto a new chapter in life, daughter Kylie Jenner is showing it’s her turn, too.

So what if she’s only 17?

The little sister of Khloe, Kim, Kourtney and Kendall is under contract to buy a $2.7 million home in Calabasas, CA. Unlike Kendall, who moved into her own $1.4 million condo in Westwood, Kylie will be just a stone’s throw away from Kourtney and Khloe. Meanwhile, mom Kris Jenner and sister Kim live in nearby Hidden Hills.

Kylie’s new 5-bedroom, 6-bathroom digs are in The Oaks development and the house is a spectacular 4,800 square feet, not including a 3-car garage.

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Strong Economic Data Boost Mortgage Rate Increase

Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on Zillow Mortgages at 3.62 percent, up 6 basis points from this time last week.

The 30-year fixed mortgage rate rose early in the week, then hovered around 3.65 percent before returning to the current rate on Tuesday.

“Rates increased last week on strong economic data from both the U.S. and Europe,” said Erin Lantz, vice president of mortgages at Zillow. “This week we expect some volatility as markets hold their breath for Friday’s monthly jobs report.”

Additionally, the 15-year fixed mortgage rate this morning was 2.87 percent, and for 5/1 ARMs, the rate was 2.75 percent.

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Celebrity Real Estate: Dr. Dre, Rosie O'Donnell, Orlando Bloom

By Laura Vecsey

L.A.’s Most Expensive Teardown? …

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Celebrity Real Estate: Matthew Perry, Shannen Doherty, Tobey Maguire

By Laura Vecsey

Score Another One for Matthew Perry

Former Friends star-turned-real-estate-flipper Matthew Perry has done it again, but at a discount. Perry recently sold his beach house for $10.65 million – a little off the original list price of $13.5 million. Perry bought the 4-bedroom. 6-bathroom, modern wonder known as “Pier House” in 2005 for $6.55 million. With views of the Malibu pier and an open concept that sees the kitchen and living area open onto an ocean-view deck and lap pool, the 5,500-square-foot California beauty is a pretty sweet way to take in the Malibu scene. Perry has bought and sold his share of cool L.A. homes, from the Sunset Strip to the Hollywood Hills.

Hollywood 90210 Star Lists in Another ZIP Code

Shannen Doherty maybe have gone “Off the Map” in her new Great American Country network show, but back in California she’s listed her Malibu home for $2.495 million. With ocean views and a lagoon-style swimming pool, the low-key rambler contains 4 bedrooms, 3 bathrooms and a chillaxing kitchen-living room set up that maximizes a fireplace and views of the Pacific Ocean.

Can Tobey Scale a Sale?

Tobey Maguire is looking to cast off his lovely plantation-style home in Brentwood for $10.25 million – about $2 million more than he paid talk show host Ricki Lake for the 6-bedroom, 5-bath spread. Designed by California architect John Byers in the 1940s, the 6,320-square-foot home includes an upstairs guest suite that overlooks the nearly one-acre property and has a private entrance.

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Celebrity Real Estate: Jennifer Lopez, Bruce Willis, Steve Martin

By Laura Vecsey

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Celebrity Real Estate: Channing Tatum, Marc Anthony, Gary Sinise, Leighton Meester

By Laura Vecsey

Channing Tatum’s Oscar-Worthy Move

Jumping streets: That’s literally what Channing Tatum and Jenna Dewan Tatum are doing as they neighborhood hop from Laurel Canyon, where they still own a 1920s abode, to a brand new, family-friendly home in Beverly Hills.

The “Foxcatcher” actor and star of “21 Jump Street” and his lovely wife paid $6 million for a spot in L.A.’s 90210 ZIP code. The 4,853-square-foot Cape Cod has 6 bedrooms, 6 baths and sits on behind gates on a tree-lined acre and has a beautiful pool, spa and outdoor fireplace. Sure looks like a lovely place to raise their daughter, Everly.  …

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Celebrity Real Estate: Joan Rivers, Frank Sinatra, Kobe Bryant

By Laura Vecsey …

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Celebrity Real Estate: Miley Cyrus, Bob Hope, Olivia Wilde, Bruno Mars

By Laura Vecsey


Miley Cyrus’ Childhood Home Hits Market

The childhood home of the girl formerly known as Hannah Montana has hit the Toluca Lake real estate market in Los Angeles for $5.995 million.

Miley Cyrus spent her teen years with her parents, including “Achy Breaky Heart” papa Billy Ray, in the 8,700-square-foot mansion that features kicky amenities like with skateboard ramps, a theater room, an alcove for displaying guitars and outdoor entertainment areas with fireplaces. The Tuscan-style home has 6 bedrooms and 7 bathrooms all tucked behind a gate and tree-lined drive.

While Miley and her own millions moved into her own place when she was 18, Billy Ray and Tish Cyrus followed suit and moved out, too. …

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Celebrity Real Estate: Lena Dunham, Tyra Banks, Donald Rumsfeld

By Laura Vecsey


Lena Moving On Up

Lena Dunham is getting what she wants, and not just being the voice of her generation, or a voice of a generation. This time, the writer and producer of the series “Girls” and author of a new book “Not That Kind of Girl” has gotten a very big girl apartment in Brooklyn Heights.

The new condo cost a cool $4.89 million and sprawls 3,200 square feet, including 4 bedrooms, 3.5 bathrooms. The luxury brownstone building comes with indoor parking and a roof deck to take in some pretty alternative views of Brooklyn.

Dunham’s new digs aren’t far from her old one-bedroom abode that she bought in 2012 for $500,000.

Banking On It

Tyra Banks is aiming for a new look. The supermodel and host/producer of “America’s Next Top Model” has listed her Manhattan apartment for $3.795 million. The Soho abode sits in a 1924 Beaux Arts building and has 2 bedrooms, 2.5 baths and measures just a hair over 2,000 square feet. Banks paid $2.1 million for the apartment in 2005. …

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Mortgage Rates Remain Flat, Hold Near 20-Month Lows

Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on Zillow Mortgages at 3.58 percent, up from 3.57 percent at this same time last week.

The 30-year fixed mortgage rate hovered around 3.63 percent, falling to 3.46 percent on Thursday before returning to the current rate.

“Despite substantial volatility, rates remained essentially flat last week, holding near 20-month lows,” said Erin Lantz, vice president of mortgages at Zillow. “With minimal incoming data this holiday-shortened week, we expect little rate movement as the markets look to the President’s State of the Union address and the European Central Bank’s Thursday policy meeting.”

Additionally, the 15-year fixed mortgage rate this morning was 2.92 percent, and for 5/1 ARMs, the rate was 2.83 percent.

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Waterfront Property Boasts Huge Premium

By Christina Sturgis

The fact that the supply of land at water’s edge is limited certainly boosts its value, but in the case of Tampa, that boost is turbo-charged. Tampa property “on the water” or within 150 feet of it, sells for more than eight times the median property value of non-waterfront property, according to new research by Zillow.

In a comparison of median sale prices, a non-waterfront property in Tampa goes for $125,300, while the waterfront property goes for a whopping 733 percent as much – $1,043,700. That large premium puts Tampa in fourth place nationwide behind only three cities: Riviera Beach and Sarasota, Fla.; and Gary, Ind. Nationwide, waterfront property is worth about 116 percent more than non-waterfront locations. …

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Tampa Among Best Cities to Rent Out Your Home

By Christina Sturgis

Zillow is forecasting a 3.7 percent increase in Tampa home values over the next year, but the market is currently cool, favoring buyers, not sellers. Record-low mortgage rates are also adding another dimension to the either.

What if you need to relocate, but the time is not right for you to sell? Perhaps you should consider keeping your home as income property.

Homeownership declined during the recession, increasing the proportion of renter households. In the past five years, the share of adults ages 25 to 54 who rent their homes has risen from a two-decade low of 28 percent in 2005 to 36 percent in 2013.

Tampa is No. 7 on Zillow’s list of top 10 markets for short-term gain in renting a home. A Tampa landlord is estimated take in $287 in profit from each monthly rent payment after the cost of ownership is deducted. When you add in the increase in equity, the long-term profit is $1,414 per month.

The other short-term gain markets are Memphis, Indianapolis, Dallas, Rochester, N.Y., Denver, Cincinnati, Tulsa, Okla., and Miami. …

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Tampa a Top Market for Cash Buyers

By Christina Sturgis

Tampa ranks second for the proportion of cash purchases of homes among the 30 largest markets in the nation, Zillow analysts have found.

Placing second after Miami, Zillow found more than 81 percent of homes at the bottom of the Tampa area’s price range being purchased outright. After Tampa, Zillow found high proportions of cash transactions in Cleveland, Detroit, Cincinnati and Orlando. Jacksonville and Memphis had equal proportions of cash sales, followed by Chicago, Milwaukee, which was tied with Tucson, and Pittsburgh.

There are likely greater challenges for traditional buyers when competing with cash offers for a home in Tampa. But there is good news – the amount of homes purchased with all cash is down from 2013. This should even the playing field for low-income and first-time homebuyers.

One way to secure a stronger position before making an offer is knowing how much you can afford and getting pre-approved for a loan – before shopping for a home. Another way to get an edge might also be to find a local lender. The seller or listing agent might recognize the lender's or bank’s name. …

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Celebrity Real Estate: Faith Hill, Tim McGraw, Jason Bateman, Scott Disick

By Laura Vecsey

Country Stars Relist Tennessee Estate

Faith Hill and Tim McGraw have sold a portion of their mammoth 753-acre estate outside Nashville, leaving them with 623 acres on two separate parcels. The entire property had been listed for $20 million, but the slightly smaller estate — which includes a renovated log home that dates back to 1800 and an Antebellum-style home built in 1856 — will now be re-listed for $18.5 million.

'Horrible Bosses 2' Actor Sells Home

Jason Bateman has found a buyer for his Beverly Glen home, which had been listed for $2.25 million. According to sources, the 3-bedroom mid-century home fetched slightly more for the “Arrested Development” star, who bought the home with his wife, Amanda Anka, in 2002 for $885,000.


'Keeping Up with the Kardashians' Star Buys Flipper Home

Scott Disick, AKA Mr. Kourtney Kardashian even though the couple is not married, has bought his own Beverly Hills, 90210 pad. The father of three plans to flip the $3.699 million property, which spans 4,095 square feet and features a saltwater pool in the yard.

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