Real Estate News

Mark Wahlberg's L.A. Compound Relisted for $79.5M After Price Chop

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Having seen a price reduction of eight million dollars, the Chateau-esque Los Angeles mansion of actor and former funky bunch ringleader Mark Wahlberg is now tagged at $79.5 million.

Chateau Wahlberg has a big footprint to match its limestone pretentions; with 30,500 sq. ft. of interiors and 6.14 acres’ worth of grounds, its size is impressive even for its Beverly Park location. The property was initially listed in April of this year. Wahlberg had it custom built by Los Angeles trophy home expert Richard Landry; it was completed in 2014.

Click here to view the full listing!

What's Going On With Home Prices

Whats Going on with Home Prices? Ask a Professional. | MyKCM

If you’re thinking about buying or selling a home this year, you may have questions about what’s happening with home prices today as the market cools. In the simplest sense, nationally, experts don’t expect prices to come crashing down, but the level of home price moderation will depend on factors like supply and demand in each local market.

Key Factors Affecting Home Affordability Today

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Every time there’s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s important to remember they aren’t the only factor in the affordability equation.

Here are three measures used to establish home affordability: home pricesmortgage rates, and wages. Let’s look closely at each one.

Custom Built Waban Estate Overlooking Brae Burn Golf Course in Newton, MA

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To be built. Your client will have the ability to have a custom-designed house built by one of Boston's top builders and interior designers. 3-4 floors your choice. A full walk-out basement, three-car garage, stucco/ stone exterior, and much more.  

Click here to view the full listing.

Listing Agent: Jim Lowenstern

What are the Top Housing Markets to Live in 2022?

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According to recent research, U.S. housing markets are cooling with more than 25% of sellers cutting their prices this year. Wondering why? Rising interest rates are the answer. Although there is a cut in prices, there are some housing markets that remain as hot as ever. Here is a list of of the hottest housing markets in the USA right now and the best places for purchasing a home in 2022. 

Available Now! Your Million Dollar Month in Real Estate by Jim Lowenstern

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Your Million Dollar Month in Real Estate by Jim Lowenstern is now available on Amazon! Click here to purchase your very own copy today!

 

Jim Lowenstern has all the experience to set him apart as an expert within his field. He's been a franchisor, franchisee, and independent broker owner of real estate companies, and now he's shared his [...]

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