As soon as home builder Stuart Moore strolled into this Mid-Century Modern home in the desert, he had a feeling it was something special. Sure, the house had been neglected for years and required a makeover, but Moore saw something special in this Paradise Valley, AZ, gem. After months of work researching the home’s history and restoring it to its classic standard, the end result is an open, modern desert dream with a serious architectural pedigree. Listed for $1.4 million in 2017 when Moore recognized that it was special, the remodeled home is now on the market for $2.3 million. “It was neglected, but the architecture was amazing,” Moore said. “It’s a super cool property.” While Moore and his partner, Craig Manz, were busy overhauling the home inside and out, he reached out to architecture experts in the area in an effort to learn who built the place decades ago. With a little help from Alison King, founder of Modern Phoenix, the go-to source for everything Mid-Century Modern in the area, he was able to uncover the home’s pedigree. The stunning home was built in 1970 for John Gaskin and his wife, heir to the Capital Lumber company. The couple were friends with architect Fred Guirey, who had designed a home for himself in the area. The Gaskins, enamored with Guirey’s design, commissioned the architect to build their home. Thanks to Moore, the home has undergone a nearly million-dollar remodel to bring it into the 21st century. Some of Guirey’s design elements remain, including the redwood ceilings. A temperature-controlled wine cellar and custom cabinetry were added. Gorgeous features such as a garden shower were updated. Moore told us the original architect added surprising (and playful) design elements such as pergolas, which when viewed at the right time of day, cast patterned shadows around the home, making it a true one-of-a-kind. After just four days on the market, the home is under contract. But if Mid-Century Modern life in the Arizona desert sounds appealing to you, Moore says, his company, Moore Made Development, is currently working on breathing new life into other similar properties in the area. Stay tuned. You never know what they might uncover next. The post Magical Mid-Century Modern in Arizona Brought Back to Life appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/unique-homes/mid-century-modern-arizona-fred-guirey/
0 Comments
Barring tax breaks farther afield, Los Angeles is often the city of choice for the film industry. But the Oscar-nominated coming-of-age film “Lady Bird”—written and directed by Greta Gerwig—is set nearly 400 miles to the northeast, in the slightly less glam locale of Sacramento. Shedding its outdated reputation as a cow town, California’s state capital is basking in waves of positive press. Thanks to the film, the town’s hip factor is on the rise. (We’ve already seen it regularly surface in our monthly look at the nation’s hottest real estate markets, as priced-out San Franciscans flock there for more affordable homes.) As Sacramento native Gerwig told the Sacramento Bee, “I wanted to make a love letter to Sacramento as seen through the eyes of someone who can’t appreciate how beautiful it is until she’s going away to someplace else.” For those not familiar with the movie, here’s a quick recap: The plot centers around a 17-year-old high school senior, Lady Bird, played by Saoirse Ronan, who can’t wait to get out of her hometown. However, the angsty teenager eventually does learn to appreciate “the Midwest of California,” as she dubs the city.
Tours now available!If you develop an appreciation for the town you see on screen, visit in person, and you can take a (self-guided) “Lady Bird” tour of some of the filming locations. Fans of the film have already been flocking to its locales to fill their social media feeds. But not everything in the movie is shot in Sacto: Lady Bird’s modest home in the movie is actually located in Burbank, CA. We did some sleuthing, and took a look at the town from a real estate perspective. Here are some of the local landmarks inspired by the movie. Sacramento hot spotsLady Bird and Danny (played by Lucas Hedges) share a romantic encounter at McKinley Park, in East Sacramento. It’s the perfect place for a date, with a 1,200-bush rose garden that’s overflowing with blooms in season. Next up, Tower Bridge has its close-up. Built in 1935, the span connects Sacramento to West Sacramento, and gets its glamour shot in the movie, bathed in twilight and covered in twinkling lights. The market where Lady Bird shops on her 18th birthday, marked by a distinctively colorful, sprawling mural outside, is a real place, too. Stop by the American Market & Deli, at 2331 N St., for your photo op. Thrift Town, where Lady Bird and her mom (played by Laurie Metcalf) head to score outfits, actually has three locations. Fab Forties of SacramentoTake a stroll through the Fab Forties neighborhood of East Sacramento, known for its stunning older homes. And make sure to bring your selfie stick to let everyone know you found Lady Bird’s favorite house. The charming big blue abode is in upscale East Sacramento, and fans of the movie have been snapping photos of it ever since. But if, like Lady Bird, you dream of calling this place home, you’re out of luck. It’s off the market. It’s currently owned by an accommodating attorney named Chris Wood, who let the filmmaker shoot both inside and outside the home. “It’s pretty neat that we get to share what we think is one of the best parts of Sacramento,” he told the Bee. Located on the 1200 block of 44th Street, Wood plans to keep up the yard so the home looks picture-perfect for those social media selfies.
Built in the 1935, the eye-catching home has four bedrooms, two baths, and 2,500 square feet of living space. It was last on the market in 2014, when it was sold for $975,000, slightly above its list price of $949,000. And according to realtor.com®, the cool neighborhood has definitely been heating up. The median home price for East Sacramento, where the neighborhood is located and where some of the movie is set, is $899,000. That’s a whopping 88% more than the city of Sacramento median home price, which is a more down-to-Earth $329,000. In fact, East Sacramento home numbers have seen the largest price appreciations relative to size of any area in Sacramento. It’s easy to see why. The vintage homes in this gorgeous neighborhood are architectural stunners. Although you can’t buy the actual house in the film, there are others close by that are now on the market. We’ve pinpointed three choice Sacramento homes located less than a mile away from the now-famous Lady Bird home. Let’s take a home tour, shall we? 1201 41st St, Sacramento, CAPrice: $899,000 ——-- 4201 J St. Sacramento, CAPrice: $639,950 ——-- 1216 39th St, Sacramento, CAPrice: $1,225,000 The post ‘Lady Bird’: A Love Letter to Sacramento Shines Spotlight on City’s Homes appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/trends/lady-bird-sacramento-houses/ Brace yourself! It’s time to file your taxes—and it’ll hurt more depending on where you live. A new survey by WalletHub has determined that this year, same as last, the state of New Jersey has earned the dubious bragging rights of having the highest property tax rate in the nation. According to U.S. Census Bureau data, residents here pay a median of $7,601 in taxes per year on homes at the state’s median value of $316,400. Divide that tax payment by the home price ($7,601/$316,400), and you’ve got a tax rate of 2.4%. (Property taxes are determined by local government, such as city or county, rather than the state.) That 2.4% rate might not seem so high, but it is when you compare that with the state with the lowest property taxes: Hawaii. In the land of luaus, homes are priced pretty high, at a median of $538,400, but residents here pay a median tax of just $1,459. That turns out to be a rate of 0.27%—nearly one-tenth of what Jersey folks cough up! And as if the news weren’t already bad enough for the Garden State and others with high property taxes (Illinois and New Hampshire are next on the list), it gets worse once the new tax code kicks in next year. In the past, property taxes were a separate tax deduction you could take in full. But starting in 2018, property taxes will be part of a lump deduction with state and local sales and income taxes--and capped at $10,000, even for those married filing jointly. Talk about a tight squeeze. Think property taxes are just an afterthought when buying a home? On the contrary, they can prompt buyers to steer clear of certain areas entirely. “I have shown buyers properties that they fell in love with, only to say a big fat no because the taxes were too high,” says real estate agent Denise Supplee at SparkRental.com, who has lived and shown homes in New Jersey. “So, property taxes do matter! And the new cap of $10,000 on property and other taxes will only make it more difficult for high-property-tax states.” Property tax loophole in the works?But all is not lost, Jersey folks: Local legislators are working hard to forge a loophole to offer some relief. “New Jersey just passed a bill that will allow cities to create charitable endowments as a possible workaround,” says Supplee. “This would allow New Jersey homeowners to declare their property taxes as charitable donations. This bill was passed on Monday with a 28-9 vote. Of course, it will have to get through the doors of the state Assembly, and there are a few naysayers such as Treasury Secretary Steven Mnuchin, but if it passes, residents will be able to declare their property taxes as a charity write-off.” And even if this doesn’t go down in New Jersey, similar efforts in other states might succeed. “There are four other states considering the same ploy,” says Supplee. “Those are Nebraska, Virginia, Washington state, and California. It should be interesting to see how this plays out.” Plus, it’s important to keep in mind that high taxes often mean better schools, infrastructure, and other amenities. “I find that people love to complain about property taxes and always feel their taxes are too high,” says personal finance expert Michael Dinich, who fields questions from real estate clients about home buying in New Jersey. “Residents here may pay more in property taxes, but they also enjoy a high standard of living, some of the best schools in the nation, and more stable home prices.” In other words, you may get what you pay for. In case you’re curious how your state stacks up, below is a full rundown of the states with the highest and lowest property taxes, along with the median amount paid in taxes and the tax rate. States with the highest property taxes
States with the lowest property taxes
The post These States Have the Highest Property Taxes, but a Possible Loophole Offers Hope appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/trends/states-with-the-highest-property-taxes/ The numbers: Pending-home sales fell 4.7% to 104.6 in January, the National Association of Realtors said Wednesday. That’s the lowest reading since October 2014, and the biggest monthly decline since 2010, as the recovery was just getting started. What happened: The NAR’s index of pending-home sales, which tracks real-estate transactions in which a contract has been signed, but the transaction hasn’t closed, had been grinding slowly higher. But December’s reading was revised down, and the index is now 3.8% below year-ago levels. The Econoday consensus was for a 0.3% increase. The big picture: NAR called the lack of housing market inventory a “crisis” when it reported on existing-home sales in January. Realtors are seeing lots of traffic, the industry group said, even as the number of available listings at the end of January was at an all-time low for the month and 9.5% lower than a year ago, a number it called “startling.” Contract signings precede sales by about 45 to 60 days, so the January figures don’t bode well for February sales data, nor the overall economy. Sales throughout 2017 were only 1.1% higher than in 2016, and the Realtors expect the recent tax-law changes to take a bite out of sales in 2018. All regions had declines in January: sales were down 9% in the Northeast, 6.6% in the Midwest, 3.9% in the South and 1.2% in the West. The post Pending-Home Sales Tumble to a 3-Year Low as Housing ‘Crisis’ Worsens appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/real-estate-news/pending-home-sales-tumble-3-year-low-housing-crisis-worsens/ Billy Bob Thornton recently won a Golden Globe for his work in the critically acclaimed Amazon series “Goliath,” in which he plays a washed-up attorney who lives in a no-tell motel in Santa Monica, CA. But in real life, the actor owns an immaculate white-on-white beach house just up the coast in Malibu, which he has just put on the market for $2.3 million. If you’re familiar with Malibu real estate, you may be shocked to find a four-bedroom, three-bath, 2,670-square-foot home on the market for such a relatively reasonable price. The price reflects the home’s location, which is just a few minutes from the beach. Its views are decidedly more canyon-oriented. The home is in a gated cul-de-sac and appears to be in mint condition. Thornton purchased the home through his Bob Wire Trust for $2.35 million in 2007. The actor is willing to take approximately what he paid for the place—unless the strategy is to encourage multiple offers and have the home sell over asking price. Built in 2002, the home features an open floor plan with seamless glass railings and vaulted ceilings throughout. Floors are made of marble and walnut; doors are made of aluminum and glass. The open kitchen with high-end stainless-steel appliances, a marble-topped island, and blue cabinets is warmed up by a beige backsplash. The bathrooms also have the same beige, blue, and white color palette. The master suite has a private balcony and a bathroom with a spa tub and oversized rain shower. Outside there are mature bamboo and eucalyptus trees, terraced lawns, and multiple decks and balconies from which a new owner can soak in the surroundings. Thornton, 62, is known for his writing, acting, and directing skills. He has been married six times, most famously to Angelina Jolie. His crowning achievement is probably “Sling Blade,” which he wrote and directed. The film won an Oscar for best adapted screenplay, and he was nominated for an Oscar for best actor. The post Billy Bob Thornton Selling His Immaculate Malibu House for $2.3M appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/celebrity-real-estate/billy-bob-thornton-malibu/ R&B megastar Usher is hoping to turn a tidy profit on a contemporary, Spanish-style home a block off West Hollywood’s Sunset Strip that he picked up less than two years ago for $3.3 million. The 4,261-square-foot home is now listed for $4.2 million. Not that Usher needs the money. The eight-time Grammy winner has sold more than 43 million albums worldwide, and remains one of the most popular artists of the past two decades. Built in 1926, the five-bedroom, six-bath home was recently renovated with top-of-the-line finishes. It’s located four doors down from the upscale Chateau Marmont hotel, a favorite with celebrities (and paparazzi). The house appears as if it jumped out of the pages of an interior design magazine. In the foyer and master bedroom, Usher painted the walls black, a daring color that’s very much in vogue with designers at the moment. His formal dining room is similarly colorful, with deep purple, floral print wallpaper and matching curtains and valances. The rest of the home is far more conventional. The living room has dark wood floors, stenciled wood beams, and a rebuilt tiled fireplace. The kitchen has a white marble backsplash, gray Shaker-style cabinets, and new Viking appliances. Incidentally, the listing photo for the kitchen shows what appears to be, at least to our untrained eye, oversized bottles of Cristal and Dom Perignon Champagne on the countertop. Elsewhere, there’s a home theater and guest room with private entrance, according to the listing. Outside, there’s a pool and newly built deck. Usher, 39, stepped into the limelight in 1997 with the single “You Make Me Wanna,” a song whose music video perfectly captures the hip-hop/R&B aesthetic of the era, complete with a purple wall of lights and multiple, inexplicable shots of goldfish. He’s put out eight solo studio albums to date, most recently 2016’s “Hard II Love.” He’s widely credited with discovering Justin Bieber, whom he signed to his record label in 2007. Outside of music, Usher owns a minority stake in the Cleveland Cavaliers and a partial stake in the streaming music service Tidal. The post Usher Puts Colorful West Hollywood Home on the Market for $4.2M appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/celebrity-real-estate/usher-selling-west-hollywood-house/ With the economy humming along and wages on the rise, it seems like homeownership is all the rage these days as buyers go to great lengths to find the homes of their dreams and then outbid the competition for them. Nationally, the homeownership rate ticked up to 63.9% in 2017, according to recently released U.S. Census Bureau data. This was the first time it’s risen annually since 2004, when it hit a high of 69%. (The data go back to 1960.) But buying a home is a lot easier in some parts of the country, where housing is more affordable and salaries stretch further, than in others. So which metro has the highest homeownership rate in 2017? It’s no other than Allentown, PA. The Rust Belt metro had a 73.1% homeownership rate. (The Census looked only at the 75 largest metropolitan areas.) The median home list price in the metro area, which has suffered through area factory closures over the past few decades, is just $217,050. That’s well below the national median of $274,900 as of Feb. 1, according to realtor.com® data. But Allentown, about an hour outside of Philadelphia and two hours away from New York City, is reinventing itself as a distribution center. Big companies such as Amazon, Walmart, and Nestlé have local operations, and FedEx is in the process of building another distribution facility. The local health care industry has been in expansion mode over the past few years. About 40% of real estate agent Faith Brenneisen‘s clients are out-of-towners moving into the area for jobs or lower cost of living than in nearby cities. That’s led to the market heating up, starting around 2016. (That’s also when we identified Allentown as one of the nation’s top cities for first-time home buyers.) “It’s a very, very hot market,” says Brenneisen of Keller Williams Real Estate in Allentown. She listed a four-bedroom house for $365,000 over the weekend, and by Tuesday she had received eight offers. “Any home that’s move-in ready will have competing offers,” she adds. The other metros with high homeownership rates similarly had more affordable housing prices than bigger cities on the coasts. Nationally, the homeownership rate of 63.9% is likely kept down because more folks prefer to rent than buy, says Stuart Gabriel, director of the Ziman Center for Real Estate at the University of California, Los Angeles. High prices in many parts of the country are also preventing many would-be buyers from entering the market. “While this is a significant and welcome recovery in homeownership, we do not expect the homeownership rate to rise anywhere close to precrisis levels,” Gabriel says. Meanwhile, the metros with the lowest homeownership rates were concentrated along the coasts, where high housing costs are often prohibitive for buyers. “Many of these areas are characterized by development constraints, high house prices, and ongoing severe affordability problems,” Gabriel says. The median home list price in Fresno, CA, was a fairly reasonable $300,000, but it was much higher in Los Angeles, at $724,022, and New York City, at $492,050. In Fresno, a primarily agricultural community, many locals simply can’t afford to buy homes, says Fresno-based real estate broker Eleazar Gonzalez of Creative Real Estate. The farming community is halfway between San Francisco and Los Angeles, about a three-hour drive to either city. “We’re comprised of a lot of migrant workers,” Gonzalez says. “A lot of people are priced out of the market.” Metros with the highest homeownership rates
Metros with the lowest homeownership rates
The post The Surprising Metros With the Highest—and Lowest—Homeownership Rates appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/trends/surprising-metros-highest-lowest-homeownership-rates/ Hope you have a big appetite, because Chip and Joanna Gaines‘ long-awaited restaurant, Magnolia Table, is finally open for business! After whispers that the Waco, TX, eatery would start welcoming guests sometime this spring, the “Fixer Upper” couple decided to surprise fans and open bright and early on Monday morning. The restaurant—which serves up breakfast and lunch items like lemon lavender doughnut holes and Chip’s ham sandwich—is very much what you’d expect from the Gaineses’ first restaurant. The rustic, minimalist decor unquestionably channels Joanna’s signature farmhouse aesthetic, and creates a cozy yet stylish space. It’s also chock-full of kitchen and dining room decor ideas that can easily translate into a residential setting. Restaurant decor can be stuffy and pretentious, but these are the design ideas from Magnolia Table we’d take back to our own homes in a heartbeat. 1. Typographic signage
Any home designed by Chip and Jo is bound to have a kitschy sign or word display. We’ve even seen it throughout their farmhouse—from the stenciled quote in the entryway to the vintage “Super Market” sign in the kitchen. At Magnolia Table, the phrase “Where everyone has a seat at the table” in wrought-iron letters is prominently displayed on the wall in the main dining room. 2. Exposed wood beams
A surefire way to make your home look more rustic? Exposed wood beams. Chip and Jo decided to play up the cathedral ceiling by adding beams throughout the restaurant. They draw the eye up and tie the whole look together. 3. Black-and-white accentsThe entry designated for takeout is covered in a chic black-and-white awning that’s similar to other awnings on-site at Magnolia Market at the Silos, the Gaineses’ retail destination just down the road. Part of curating that minimalist style in your own home is sticking to a color palette of black and white with pops of natural greenery, which brings us to… 4. Plenty of plantsThe collection of houseplants in Magnolia Table is impressive, but one of the easiest ways to bring greenery into your home is inspired by these little plant displays on tables throughout the restaurant. To replicate the look, just throw a couple of sprigs of freshly cut leaves, eucalyptus, or lavender in a white or clear glass vase. You’ve now created an arrangement for your dining or side table. 5. Extra-long wooden farmhouse tables
Banquet-style dining tables are strategically placed throughout the restaurant to accommodate the large parties that will no doubt make their way to Magnolia Table for Saturday brunch. If you have the space, make an oversize farmhouse table in a rough-hewn finish the star of your dining room. It’ll give off the same homey vibe that Chip and Jo intentionally created in their restaurant. 6. Statement lightinghttps://www.instagram.com/p/BeJiJWEHTKf/?taken-by=joannagaines Switch out your boring flush-mount lighting for a modern chandelier like the ones Joanna chose to hang throughout Magnolia Table. Rustic metal pendant lights will also look great over a dining table or kitchen counter. 7. Geometric tiling
The key to nailing Magnolia Table’s aesthetic is to balance country-inspired decor (see the shiplap walls in the back?) with modern touches like geometric patterns. Chip and Jo could have opted for hardwood floors in this room, but between the wooden tables, walls, and planter boxes, it would have been a bit much. The symmetrical black-and-white floor tiles contrast well with the rest of the wooden furnishings, juxtaposing rustic style with modern sensibility. The post Inside Chip and Joanna Gaines’ New Restaurant: 7 Decor Ideas to Steal Now appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/trends/chip-and-joanna-gaines-new-restaurant/ The Oscar-nominated drama “The Post,” directed by Steven Spielberg and starring Meryl Streep and Tom Hanks, takes viewers back to the 1970s, when the reporters of the Washington Post were at the center of a national political drama. Much of that, in fact, takes place in real, beautifully appointed rooms in some of the historic homes that grace the nation’s capital. Streep plays Katharine Graham, the first female publisher of that newspaper, and Hanks stars as Ben Bradlee, the Post’s editor. The story revolves around their attempts to publish classified documents depicting America’s involvement in the Vietnam War, known as the Pentagon Papers. Through a combination of artful re-creation, exterior location shots, and real-life real estate, the movie provided a feel for the main characters’ glamorous and grand residences. Inspired by the dogged reporters depicted in the film, we dug into the locations featured in the movie to pull out their fascinating backstories. And if you’re interested in historic homes at the center of the nation’s political circles, we found a few that are actually on the market. Ben Bradlee’s real-life homeThe Laird-Dunlop house at 3014 N Street NW Full disclosure: Bradlee didn’t own this stately home during the time frame depicted in the movie. But the history of the home and its inhabitants may be worthy of its own screenplay. Bradlee bought the place in 1983, with his third wife, Sally Quinn, a reporter at the Post who became known as a dazzling hostess. More on that in a moment—first, let’s tour this historic home still owned by Quinn. The red-brick Colonia Revival was built in the late 1790s for John Laird, one of Georgetown’s richest men, who owned a tobacco warehouse. Laird’s daughter and her husband, John Dunlop, inherited the real estate, and contributed to its name. In 1911, Robert Todd Lincoln, son of former President Abraham Lincoln, purchased the place. Lincoln later sold it to a granddaughter of J.P. Morgan, who divided the main property and the coach house into separate deeds. The 8,000-square-foot coach house, which featured a ballroom, was sold to an unnamed buyer in 2013 for $7.6 million. In 1983 Bradlee bought the N Street home for $2.5 million, one of the highest amounts paid for a Washington home at the time. These days, Georgetown is a historic and upscale locale, graced with 18th- and 19th-century homes as well as high-end shopping, art galleries, and dining spots. The real estate market has grown even hotter. The property includes a double living room with arched windows in a custom rose color that Quinn concocted herself. “I wanted the perfect color that makes everyone look beautiful at night,” Quinn told Home and Design magazine. The formal dining room includes bookcases that have been filled by the book lovers. Don’t believe that Quinn is an icon? Over a couch in Quinn’s office are four portraits of her done by Andy Warhol. While the front of the home is right on the street, the back reveals a covered porch that extends the length of the house, English garden, pool, and tennis court. The two ruled from their Georgetown perch over the DC social scene. “Ben Bradlee and Sally Quinn threw some memorable bashes at their home on 3014 N Street,” wrote Rick Massimo in his book “A Walking Tour of the Georgetown Set.” Wrangling an invite for their New Year’s Eve party was akin to “winning the lottery,” according to a description in Vanity Fair. The guest lists included such power brokers as Ted Kennedy, Colin Powell, Tom Brokaw, Mike Nichols and Diane Sawyer, Henry Kissinger, Barbara Walters, and Nora Ephron. Katharine Graham’s real-life homeThe Beall-Washington house at 2920 R Street, NW Graham, who died in 2001, was a towering figure in DC, as both the publisher of the Post and a host of soirees in her tony Georgetown manse. Like Bradlee and Quinn’s ex-residence, the publisher’s former home also had quite a pedigree. The 1870 estate was owned by George Washington’s great-grandnephew. Yes, that George Washington, who married a descendant of Ninian Beall, the original owner of much of Georgetown, according to the Georgetown Metropolitan. Graham and her husband, Philip Graham, bought the gracious home in 1947 from Gen. William “Wild Bill” Donovan for $125,000, according to the Washington Post. They lived there until their deaths: Philip by suicide in 1963, and Katharine of head injuries after a fall nearly two decades ago. Both are buried across the street at Oak Hill Cemetery. The property is set back from the street with a circular driveway, creating a more country-style estate than the typical Georgetown residence. When Graham lived there, she threw parties with guest lists that included “presidents, senators, congressmen, and the cream of the media, “ according to Massimo’s book. The home hosted the likes of Bob Woodward, Robert McNamara, and Nancy Reagan. After Graham’s death, her family put the estate on the market for $8.35 million. The nine-bedroom home has elements that date to the 1700s. It sits on 1.24 acres and boasts 10,285 square feet of space, plus a large back porch, pool, and stable with an apartment on top, the Post reported at the time. It was purchased in 2002 for about $8 million by venture capitalist Mark Ein. Before moving in, the DC-area investor decided to modernize and renovate the home, which created a neighborhood uproar. Because he was unable to modify the home to his tastes, he’s left the place unoccupied for 16 years. Ein did seem to appreciate some parts of the home’s history, allowing director Spielberg to shoot the outside of the residence for “The Post.” Live like an old-timey newspaper magnateWhile Bradlee’s and Graham’s former homes are off the market, there are other glorious houses in the vicinity that are currently available to an interested buyer. Here are some options: 1515 31st St NWPrice: $5,600,000 ——-- 3425 Prospect St NWPrice: $6,900,000 Former home of Robert McNamara2412 Tracy Pl NW As defense secretary from 1961 to 1968, McNamara was responsible for escalating U.S. involvement in the Vietnam War, and figures into “The Post” along with his house. The Pentagon Papers had been commissioned by the Department of Defense as a history of the war. In the film, Graham pays a visit to McNamara’s home to make her case for publishing the papers. McNamara, the former president of Ford Motor Company, purchased a home in the upscale neighborhood of Kalorama after securing a role in the Cabinet. His former home, built in 1924 and updated over the decades since, was sold after his death in 2010 for $6.1 million, one of the highest prices for the neighborhood at the time. The neighborhood continues to draw the powerful and rich. It is where the Obamas call home, as well as Ivanka Trump and Jared Kushner, President Donald Trump’s daughter and son-in-law. The Post’s current owner, Jeff Bezos, paid $23 million for the former Textile Museum, which is set to be converted into his DC compound, the Post reported. Movie locationsThe production designer and crew were on a tight deadline to get the film into theaters as they worked to put together accurate representations of the paper’s newsroom and the city from decades past. The interiors of the Bradlee and Graham homes were sets, built side by side at Steiner Studios in Brooklyn. An 1829 brownstone at 104 Willow St. in Brooklyn Heights stood in for a house in 1970s Georgetown. The beautiful powder-blue building was last sold in 2014 for $10.6 million, according to property records. Three floors of an empty ’50s-era office building at 440 Hamilton Ave. in White Plains, NY, was filled with period desks, typewriters, and chairs to re-create the Post newsroom, pressroom, and executive offices. And the awesome vintage printing press shown in the movie was located in a naval yard right next to where the movie was shooting at Steiner Studios.
The post All the Homes That Are Fit to Film: Real Estate Stars of ‘The Post’ appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/trends/real-estate-post-washington-dc/ Home prices continued to rise rapidly in the waning days of 2017, but there are early signs that price gains that have well outstripped wages and inflation could begin to ease this year. The S&P CoreLogic Case-Shiller National Home Price Index, which covers the entire nation, rose 6.3% in December, up from a 6.1% year-over-year increase reported in November. The 10-city index gained 6% over the year, unchanged from November. The 20-city index gained 6.3%, down slightly from 6.4% the previous month. That was in line with the expectations of economists surveyed by The Wall Street Journal, who expected the 20-city index to rise 6.3% in December. Home price gains accelerated in 2017 compared with 2016, when prices grew more in the 5% range. Nonetheless, the pace of both new and existing home sales have slowed in recent months, which could ultimately put pressure on sellers to lower prices, especially as interest rates are beginning to rise. ”It is too early to tell if the housing recovery is slowing. If it is, some moderation in price gains could be seen later this year,” said David Blitzer, managing director at S&P Dow Jones Indices. Markets that are seeing the steepest increases remain concentrated on the west coast. Seattle reported the largest annual gain, at 12.7%, followed by Las Vegas at 11.1%. San Francisco, which had seen price increases slow until recently, reported the third-strongest gain, at 9.2%. Month-over-month, the U.S. Index rose 0.2% in December before seasonal adjustment, while the 10-city and the 20-city index also both rose 0.2% from November to December. After seasonal adjustment, the national index rose 0.7% month-over-month and the 10-city index and 20-city index both rose 0.6%. All 20 cities saw price increases after seasonal adjustment. The post U.S. Home Prices Continued to Rise at End of 2017 appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/trends/u-s-home-prices-continued-rise-end-2017/ |
About usI am Casey Abby From USA and I am 30 Year Old. I done my study recently in MBA Marketing. Archives
April 2021
Categories |