J. Lo’s Love Don’t Cost a Thing, but Her Dreamy Bel-Air Compound Is $42.5M

Getty Images / Realtor.com

Jennifer Lopez has just put her massive Bel-Air spread on the market for a jaw-dropping $42.5 million.

Located on 7.8 acres in the posh Los Angeles neighborhood, the 12,817-square-foot retreat is tucked away on a gated property, just minutes from the famed Bel-Air Hotel.

TMZ reported that the actress and singer listed the home, noting that she and husband Ben Affleck originally intended to renovate the space.

The news comes just six months after the A-list celebs tied the knot in Las Vegas.







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Erin and Ben Napier Find a Home for Just $50K—With One Major Catch

HGTV

On “Home Town,” Erin and Ben Napier are pros at turning cheap old houses into luxurious dream homes, but on the latest episode, they find what might be their biggest bargain yet.

In the Season 7 episode “Mississippi Made,” the Napiers help store manager Hayley find a two-bedroom, one-bath starter home in Laurel, MS, for just $50,000. There is a very big catch: The previous owners had the whole place gutted before deciding to sell. So, while the exterior is intact, the interior is a big, empty box.

“It’s a little deceiving because it looks so fresh and pretty on the outside,” Erin says when first showing Hayley the property.

Luckily, Erin and Ben have $100,000 left in the budget to reimagine this clean slate. Read on to find out how they create character from scratch, with plenty of budget-friendly design ideas you might be inspired to try around your own abode.

1940s home
updated porch
engineered hardwood
blank slate house
kitchen
kitchen vent
blue oven
old bathroom
updated bathroom
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Tiny-home startup’s production delays raise investor eyebrows

Tiny-homebuilding startup Boxabl has received $140 million in funding since its founding in 2017 and now has a waiting list of 160,000 tiny-home orders. How long will investors wait for homes to be delivered?

Landlord’s $200 ‘aggressive breed’ fee for pet fish shocks internet

TikTok user Nicole Rose posted a video of herself staring in stunned silence at the Kansas City apartment's pet policy, which requires a $200 one-time fee for pets, along with a $15 monthly fee.

$1.3B Robyn + Rachel Group rejoins Sotheby’s after 1 year at Compass

Brokers Robyn Kimura Hsu and Rachel Schindler have rejoined Realogics Sotheby's International Realty. The four-person Robyn + Rachel Group has a lifetime sales volume of $1.3 billion.

12 secret and unusual places to recruit amazing talent

Good talent is out there. By taking a different approach to agent and staff recruitment, you can find amazing additions to your team or brokerage.

What to look for when partnering with a team

Whether you are on the hiring side or on the candidate side of the table, here are a few things to keep in mind when looking to partner with an agent or team.

At Inman Connect New York, these sponsors share takeaways

Our partners are what make Inman Connect an industry-leading event for real estate professionals. Here are their key takeaways and impressions after leaving New York.

Fired Texas Basketball Coach Chris Beard Lists Austin Home for $5M

Getty Images / Realtor.com

Former University of Texas men’s basketball coach Chris Beard is leaving Austin, TX, behind.

He’s selling his four-bedroom, 4.5-bath, 4,000-square-foot home in the capital city for $4,950,000.

The listing follows his December arrest on a domestic family violence charge, after an argument with his fiancé. The school immediately suspended Beard without pay and eventually fired him in early January. And because his termination stemmed from a felony charge, the school won’t have to pay out the more than $25 million left on his contract.

Built in 2012

Realtor.com








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UWM rolls out ‘one-time-close’ new construction loan in time for spring

Homebuyers can put as little as 5 percent down when taking out a new construction loan, with one closing and an optional float-down to secure a lower interest rate, according to United Wholesale Mortgage.

5 Bedroom Staging Mistakes That Can Totally Turn Off Buyers

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Home staging is a strategy that many sellers use to show off their property’s potential, and it’s one of the most important tasks you can do before putting your house on the market.

Staging makes it easier for buyers to visualize the space as their future home, according to 82% of buyer’s agents surveyed for the National Association of Realtors® biennial Profile of Home Staging. And nearly a quarter of buyer’s agents said that staging a home increased the sale price by 1% to 5%.

The survey also points out that the primary bedroom is one of the three most important rooms to stage. But staging a boudoir involves more than making the bed and calling it a day.

If you’re determined to stage your home to the nines and fetch top dollar, avoid these common missteps.






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A Tale of 2 Housing Markets: Why Some Homes Still Cause Heated Bidding Wars While Others Sit Unsold

Illustration by Realtor.com; Photos: Getty Images (2)

Homebuyers who are closely watching the correction in the real estate market might believe now is a good time to pounce. After all, homes are sitting on the market for longer, those maddening bidding wars have dried up, and wild offers over the asking price are things of the past, right?

Well, not exactly. It all depends on what they’re hoping to purchase.

Those searching for a home are seeing plenty of fixer-uppers, homes lacking curb appeal, and those in less desirable areas sitting on the market for longer and undergoing price reductions. But well-appointed, well-situated turnkey homes are still selling fast, often receiving multiple offers, and even selling over the asking price. It’s as if the housing slowdown hasn’t affected these properties much at all.

“If it’s a good home in the resale market, it’s selling quickly,” says Ali Wolf, chief economist of the building consultancy Zonda. “The buyer who is buying today is not the same buyer buying 12 months ago. If [they’re] paying this much, it needs to be a nice home.”

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$3.5 Million Homes in California

A Spanish-style house in Los Angeles, a 1925 Mediterranean-style home in San Francisco and a renovated 1978 retreat in Encinitas.

How to grow your agent-to-agent network in 2023

These strategies work, whether you are establishing, growing or maintaining your real estate agent referral network.

This Black History Month, evaluate your culture’s inclusiveness

Building a culture that no one wants to leave isn’t easy, writes DEI expert Julia Lashay Israel. Here she shares the core pillars of an inclusive culture and how you can leverage them as components to take your brokerage to the top.

Why LEED-certified residences are so rare — but growing in popularity

It’s no surprise that for today’s eco-conscious buyers, LEED-certified residences represent a prize like no other. However, for now, such homes are a rarity. Here’s a closer look at why that’s the case, and why it could be changing.

What to do in Denver in February 2023

See what’s happening around town!

 

 

 

February 1st – 28th: Black History Month

Each February, Black History Month honors the achievements and contributions of African Americans to the country. Here’s how you can celebrate throughout the Denver metro area with lectures, dramatic performances, music and more, both before and after Black History Month!” Schedule & More Info!









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How Can My Brother Buy My Share of Our Parents’ Home?

There are various taxes and fees involved when relatives settle their parents’ estate, but the first step is figuring out what it’s worth.

Denver Real Estate News – February 2023

 

A Slow Start, but Higher Consumer Confidence

In our local real estate market, the start to the first quarter of 2023 felt a lot like the fourth quarter of 2022; somewhat slow. With an official recession likely this fall, high inflation, and the mortgage rate hikes of last year, it’s understandable why many people have been apprehensive to make a move.

Despite the slow start, consumer confidence has been on a sharp rise recently. Consumer confidence is a great leading indicator of what will happen over the next few months. To try to anticipate what the market might do, the best metrics to pay attention to are consumer confidence, new mortgage applications, home showing activity, mortgage rate locks, and finally closings. 

The spike in consumer confidence indicates people are a bit more optimistic about the economy than before. If they weren’t, they wouldn’t apply for new mortgages. The increase in mortgage applications should eventually flow through the rest of the metrics, resulting in more home sales. It’s a great sign for the spring, which is historically the busiest time of year in real estate.

 



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POV: Above It All in This $10M Oregon Coast Home and Lighthouse

Realtor.com

A home with a unique viewpoint is coming into focus on the Oregon coast.

The 7,442-square-foot home, with its own lighthouse, sits on almost 26 acres along the Pacific Ocean in Cloverdale, OR. The stunning property is listed for $10 million.

“The Oregon coast is beautiful and rugged—they call it the wilderness coast, and it’s exceptional in its beauty,” says Brian Ladd, with Cascade Hasson Sotheby’s International Realty. He is co-listing the property with Josh Reed. “I think what’s so iconic about this property is the setting.”

Exterior

Justin Jones/Cascade Hasson Sotheby’s International Realty











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