real estate

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For Sale: Seattle's Mystery 'Spite House'

860-square-foot oddity for sale for half a million dollars

(Newser) - From the front, a half-million-dollar home on the Re/Max website looks like a quaint Spanish Revival in the heart of Seattle. Head to the side for a different perspective, and you'll see appearances are deceiving. You're looking at what Yahoo says locals call the "Montlake Spite House,... More »

Chinese Group Buying Chunk of Australia

Board needs to approve sale of S. Kidman holdings

(Newser) - About 1.3% of Australia might be sold to foreign buyers after all. Australia's fifth-largest cattle producer, S. Kidman, which has been trying to get rid of 40,000 square miles of farmland since last summer, has agreed to sell its holdings to China-based Dakang Australia and Australian Rural... More »

These NYC Apartments Offer Little Privacy, Free Beer

WeLive communal spaces available for $1,375 monthly

(Newser) - Sleeping behind a curtain in Manhattan is now as affordable as $1,375 per month. The WeWork team known for communal work spaces has just launched a building of communal living spaces in New York City's Financial District where rent starts at $1,375 monthly. That price will get... More »

Escape Doomsday in Maine for $300K

Former Nike missile site is on the market

(Newser) - Don't mind relocating to Limestone, Maine, in order to live through a nuclear blast? Dave and Sue Prentiss have just the place for you. They're selling their 17-acre property—a former missile launch site from US Army program Project Nike—complete with three missile silos, two of which... More »

Water Crisis Drops Flint's Median Home Price to $14K

Though one savvy buyer got theirs for $1

(Newser) - The housing market in Flint, Michigan, wasn't great before the city's tainted water started poisoning residents. Now, the median home price in Flint is an unbelievable $14,000, CNN reports. Flint was hit especially hard by the 2008 housing crash, losing about 75% of its real estate value.... More »

Inside the Making of a 104K-Square-Foot 'Giga-Mansion'

'The One' is under construction in Bel Air, may be priciest home ever

(Newser) - In the hills above Bel Air in Southern California, "The One" is about halfway built. And when construction on the 104,000-square-foot "giga-mansion" is complete, it just might become the most expensive home in the world, the Orange County Register reports. The asking price for The One will... More »

Joseph Goebbels' 'Love Nest' a Tough Sell for Berlin

The Nazi propagandist hosted starlets at the lakeside villa

(Newser) - Sure, it's a fixer-upper. But the crumbling façade, failing roof, and seen-better-decades interior aren't the reasons why Berlin has been unable to sell the Haus am Bogensee, a 70-room lakeside villa that the city has been trying to unload for more than 20 years. The real sticking... More »

Feds Rein in Shell Games With Ritzy Real Estate

Feds to start IDing, tracking secret buyers of high-end homes

(Newser) - Those planning on scooping up a high-end property on the sly—i.e., paying cash via a shell company—may soon have to come up with a new game plan. The Treasury Department announced Wednesday it will start making title insurance companies ID secret buyers of property going for more... More »

Silence of the Lambs House Not Killing It on Real Estate Market

'Just because I want to gawk at something doesn't mean I want to buy it'

(Newser) - "Would you [put a serious offer on] me? I'd [put a serious offer on] me. I'd [put a serious offer on] me hard. I'd [put a serious offer on] me so hard." Despite the fact that it has a place in cinema history as the... More »

Oprah Winfrey's New Mansion Has a 'Wine Mine'

Yes, that is exactly what it sounds like

(Newser) - Perhaps you have a wine rack. Maybe even a wine fridge. But unless you are Oprah Winfrey, you probably do not have a "wine mine." What exactly is a wine mine, you ask? It's a 56-foot-long wine cellar that "looks like a mining tunnel, complete with... More »

Jehovah's Witnesses Could Get $1B for NYC HQ

Group is moving upstate

(Newser) - The Jehovah's Witnesses, the door-knocking religious group that has been based in Brooklyn for a century, is selling its headquarters and other properties for an expected price tag of $1 billion or more. The Witnesses' move to Warwick, a town about an hour north of New York City, will... More »

Inside America's Most Expensive 'House' for Sale

The 4.4-acre estate comes with night club, ice skating rink, IMAX cinema, and more

(Newser) - When construction tycoon Robert Pereira got hold of a sprawling ocean-front Florida estate through a trust in 2001, he envisioned turning it into a luxurious home for his family, friends tell the Guardian . But after spending seven years (and $100 million, a third of which was financed by Bank of... More »

China's 'Ghost Cities' Were Hidden Until Now

Massive empty housing developments feel like 'an abandoned movie set'

(Newser) - People have known about China's "ghost cities" for years, but it turns out finding and tracking these massive, mostly empty housing developments is pretty much as difficult as hunting an actual ghost. That is, until China's largest search engine got involved, Quartz reports. Tech company Baidu was... More »

Bunker Built for Apocalypse Has Its Own Power Plant

'The Facility' in Georgia can be yours for $17.5M

(Newser) - If you're worried about a nuclear apocalypse and you have $17.5 million burning a hole in your pocket, Harry Norman has the deal of a lifetime for you. The real estate office is advertising a bunker called the "Facility" in Georgia, touting it as "the only... More »

Marijuana Having Big Impact on Denver Real Estate

'It's a new and disruptive industry'

(Newser) - Legal marijuana is having a dramatic effect on real estate in Denver, leading to the reinvigoration of the city's industrial areas while potentially making the rest of the city unaffordable for longtime residents. Commercial real estate firm CBRE tells the Denver Post marijuana "kick-started the recovery of the... More »

Site Tells Homebuyers If Their New House Could Be Haunted

Find who was murdered and when before you buy that new home

(Newser) - There are a lot of things new homebuyers have to worry about: foundation cracks, water damage, ghosts. That last one is where Roy Condrey and his website, DiedInHouse.com , come in, Bloomberg reports. Condrey started the site two years ago because he thought his house might be haunted and wanted... More »

The 5 Most Unaffordable Places to Live in the US

California is bad, but it's not the worst

(Newser) - Want to stretch your housing dollar? Then you're going to want to stay out of California. Business Insider used data on 582 US counties from RealtyTrac to figure out the 15 least-affordable counties to live in, defined by the percentage of a resident's average weekly wage it would... More »

Owner of Private SF Island Cuts Sale Price 77%

Red Rock Island is cool, but what can you do with it?

(Newser) - Want to make San Francisco Bay's only privately owned island your own? Easy, if you've got $5 million and don't mind a big dome-like rock with trees and grass and not much else, Yahoo reports. Owned by an attorney living in Thailand, Red Rock Island went on... More »

Japan Has 8M 'Ghost Homes'

Large parts of the country are emptying out as population shrinks

(Newser) - Millions of dilapidated, empty homes isn't the first image to come to mind when most people think of Japan, but that's now the reality for large swaths of the country and the problem is only going to get worse. The country's population is shrinking and is forecast... More »

Silence of the Lambs Home Up for Sale

All yours for $300K

(Newser) - Got a taste for the macabre? The house that was used as the home of psychotic killer Buffalo Bill in the 1991 film The Silence of the Lambs is up for sale . The production crew took six weeks to turn the three-story house into the squalid home of the killer... More »

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