It’s about time to get ready for fall, and who can better transform your humble abode to match the cooler temperatures than Chip and Joanna Gaines? The “Fixer Upper” duo recently released a variety of new home decor essentials to the fall line of their wildly popular home and lifestyle brand, Magnolia. And if this year’s line is as popular as last year’s (remember that pumpkin chai candle they couldn’t keep in stock?), we’re guessing certain items are going to sell out fast. So which ones are bound to incite a fall frenzy? To find out, we got interior designers and home experts to pick the home decor items they think will cause a ruckus. Consider this a heads-up to grab ’em before they’re gone! 1. Wooden side tableThe designed-minded experts we talked to determined that this wooden side table ($220, shop.magnolia.com) is a must-have. Drew Henry, founder of Design Dudes, predicts that the table’s elegant design will make it popular. “The lines are very simple and classic,” he says. Plus, it can be used in a variety of ways. “It looks very versatile,” says Marina Umali of Marina V Design Studio. “It would look good in many different rooms.” Set it up with your nighttime essentials next to your bed, or use it as an entryway table and wow guests as soon as they walk through the door. Alessandra Wood agrees. “It has a midcentury-meets-farmhouse vibe, making it unique at a great price,” says the director of style at home design site Modsy. 2. Ivory vaseA great vase can greatly enhance a festive table display, and Umali recommends snagging this ivory vase ($74, shop.magnolia.com) while you still can. “This vase is simply beautiful in white and adds wonderful texture to the decor,” she notes. Not only is it available in two sizes, but it’s also sturdy enough to hold weighty floral decorations like colorful blossoms, large stems, and branches. 3. Marble cutting boardHenry is obsessed with the clean, white look and dual functionality of this marble cutting board ($44, shop.magnolia.com). “The black stripe accents add a really refined look to the piece,” he says. “I think it’s the perfect addition to your fall dinner party to showcase that cheese plate.” 4. Farrah risersAn easy way to upgrade your decor is by adding a little elevation. These farrah risers ($24, shop.magnolia.com) come in two sizes, allowing you to get creative with varying heights. With a rustic top and hairpin legs, the modern design can match a variety of styles, and Wood suggests using them to raise potted plants. “These little tables are great for houseplants,” she says. “Instead of putting planters on the floor, why not give them a bit of height?” 5. Cement chargerEven Joanna herself uses this cement charger ($28, shop.magnolia.com). René Dekker of René Dekker Design Limited is drawn to the fresh, modern design on this “gorgeous” charger and loves how it contrasts well with other textures. “It combines an earthy feel with some glamour and sophistication,” she adds. 6. Copper tapered candleholdersTapered candleholders have been an on-trend home piece for a while now, says Morgan McBride, a home and DIY expert at Charleston Crafted. These copper tapered candlesticks ($30, shop.magnolia.com) put a new spin on that trend. “The copper is a fresh, new take on the traditional vintage brass,” she says. The copper finish can add a rustic look to your mantel or shelf, or a matching pair can bring balance to your dining table. And the cherry on top? They’re one of Joanna’s go-to styling pieces. The post Chip and Joanna Gaines’ New Fall Line Has Arrived! 6 Items to Nab Now Before They’re Gone appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/trends/chip-joanna-gaines-fall-collection/
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There’s controversy swirling around a Miami home reportedly owned by the rapper Pitbull. The home, located in an affluent area of the city known as Pinecrest, is in a state of serious disarray. Rather than a handsome home situated in a well-to-do tropical neighborhood, passers-by are greeted with an unkempt yard, downed trees, a broken fence, and a house with a moldy exterior. It’s not exactly what you’d associate with the home of the man known as “Mr. Worldwide.” Neighbors have had enough and are calling for the recording artist to come take care of his abandoned property. Not only is it an eyesore, but no one wants to live next to a mess. A little research shows that the home isn’t really owned by Pitbull himself, though. It’s not even owned by Armando Christian Pérez, which is the name on his birth certificate. “The property is owned by ENPI GAO, LLC. It was purchased in February 2015 for $850,000,” says Candice J. Hart, senior associate attorney at Business Law Group, P.A. According to Hart, the limited liability company that purchased the property was formed in 2015 and was likely established for the sole purpose of purchasing the property. However, the LLC appears to be connected to the chart-topping rapper. “A quick search on SunBiz reveals that several businesses, including ENPI GAO, LLC, share the address of 4770 Biscayne Blvd., Suite 900. One of those businesses is Mr. 305, Inc, which is Pitbull’s record label,” says Hart. Neighbors think the connection is enough for Pitbull to take responsibility for taking care of the property, but Hart says that’s not exactly how it works. “At the end of the day, 7474 SW 102nd St. is owned by a limited liability company. The individuals or companies that are the owners of the LLC do not have liability.” She further explains that high net worth individuals—ahem, Pitbull—diversify their financial assets and, well, they diversify so much that they just can’t keep track of everything. So the LLC that owns the home is indeed responsible for the condition of the home, but the rapper himself isn’t. The home was paid for in cash, which means there’s no homeowners association or community development district with which to contend. At this point, it’s the city’s responsibility to police the condition of the home. “The city is paying attention,” says Hart. “The fact that violations have been noticed and fines are accruing means they’re doing their job. If enough time passes, the city may file a lien against the property for the fines and may even foreclose on that lien. But all of those actions take time, money, and government resources.” It looks like “Mr. 305” is out of the woods—or should we say weeds—for now. The post Pitbull Responsible for Miami Mess? Abandoned Property, Negligence, and A-List Fame appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/celebrity-real-estate/pitbull-miami-mess/ Restaurateur and model Alicia Rountree has put her Soho pad on the rental market for $5,000 a month. The one-bedroom, one-bathroom unit, on the second floor of 381 Broome St., is 653 square feet. Rountree — who grew up on the Indian Ocean island of Mauritius, where her family has owned a plantation for eight generations — has appeared in campaigns for Victoria’s Secret, L’Oréal, Ralph Lauren and the Gap. She’s also co-founder of the eatery Tartinery, which features French open-faced sandwiches and now has three locations in Manhattan. The apartment is accessed by a key-locked elevator and is turn-key ready, with an open chef’s kitchen, hardwood floors and a vented washer/dryer. Rountree bought the apartment in 2011 for $700,000, according to city property records. The listing brokers are Corcoran’s Steven Kramer and Mark Balhiev. The post Victoria’s Secret Model Could Be Your Landlord for $5K Per Month appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/celebrity-real-estate/victorias-secret-model-could-be-your-landlord/
From hiring a realtor to signs a seller is hiding something.
via https://www.huffingtonpost.com/entry/house-shopping_us_5b8821c7e4b0162f4720b96a Would we lie to you? Four-time Grammy winner Annie Lennox has just paid full asking price—$4,375,000—for an immaculately restored Mid-Century Modern home in L.A.’s Hollywood Hills neighborhood. Built in 1962 by architects Conrad Buff and Donald Hensman, it’s the perfect perch for the singer, who’s known for her clear, sleek, and unique style. Since its construction, the home has been thoughtfully expanded to accommodate three bedrooms and 3.5 baths in 2,723 square feet of space. It sits on a bluff in a gated community in Nichols Canyon, and features floor-to-ceiling windows as well as glass doors to take in the lovely canyon views. The home seems more spacious than it actually is, thanks in part to its off-white wood flooring, clean lines, and post and beam ceilings. Most of the brick—on the walls and the living room fireplace—has been painted white, adding to the airy aesthetic. Covered balconies and terraces abound, enabling the flow between indoor and outdoor spaces. The European-style kitchen and bathrooms are minimalist. The master suite has walk-in closets and a private patio. The other bedrooms also have private decks, including one that leads to a sauna. The grounds feature drought-tolerant, native plants and a green lawn punctuated by geometric, concrete steps. There’s also an infinity pool that appears to cascade down the hillside. A deck with built-in seating runs along the side. Lennox gained international stardom in the 1980s with fellow musician Dave Stewart as the Eurythmics, with iconic hits including “Sweet Dreams (Are Made of This),” “Here Comes the Rain Again,” and “Would I Lie to You?” She’s also enjoyed a number of hits as a solo artist and been nominated for 11 Grammy Awards. The post Annie Lennox Destined to Have Sweet Dreams After Buying Hollywood Hills Home appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/celebrity-real-estate/annie-lennox-hollywood-hills/ via http://www.theochomesearch.com/houses-for-sale-in-ophir-ky Not every homeowner who sees a rat in their home sets out a trap, calls the exterminator, and just generally freaks out. Instead, apparently, some intrepid folks are actually bringing the beady-eyed rodents home for their kids. Ew. Ew. Ew. A new, online survey claims that rats are the most popular pets for children aged 10 through 17—a finding that was met with a healthy dose of skepticism in the pet world. Cats, dogs, and horses, a rather more traditional trio, rounded out the top four pets for that age group, according to RightPet, the website that put out the not-exactly-scientific report that highlights various animal products and practices. Could the rascally rodents really be the animals your kids are looking to cuddle with? Nearly 17,000 people from 113 countries participated in the survey conducted between 2010 and 2018 that ranked the vermin No. 1. The results were likely skewed by the fact that about 20% of responses were from outside the U.S. Oh yeah—it also included responses from adults who fondly remembered their pet rats from their younger days. (Um, what?) And many participants were found on freelance websites and paid to participate in the survey. Marc Morrone, an unusual-pets expert and owner of the pet store Parrots of the World, takes these results with several grains of salt. About once a week someone comes into his Rockville Centre, NY–based shop asking for a pet rat. Meanwhile, several folks a day ask for cats and dogs—and he doesn’t even sell them. But just because rats aren’t necessarily the most popular animals, it doesn’t mean they’re not “very nice pets,” Morrone says. “They’re much more intelligent than people think. They’re very easy to keep. They know their names.” In fact, experts claim they’re even smarter than dogs—and they don’t need to be taken out for walks twice a day. “Rats are very ticklish. They like to be touched by humans,” Morrone adds. “You put them on your shoulder. It’s like playing with a kitten.” (Ew. Ew. Ew.) The biggest problem with domesticated rats isn’t the destructiveness or disease-harboring qualities of their wild brethren. No, the biggest drawback with pet-bred rats is that “their life span is typically only a few years,” says Morrone. And then there’s the fact that visitors might not be charmed by them. “In the minds of the general public, rats are bad,” he says. But as the cuddly newest member of your household, they’re a “fun pet,” says RightPet founder and editor Brett Hodge. “Rats are inexpensive to keep,” he says. “[And] rats are generally creepy to adults, and kids love that.” The post Don’t Call the Exterminator! Why Some Folks Are Welcoming Rats Into Their Homes appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/trends/dont-call-exterminator-folks-welcoming-rats-homes/ A newly built Hamptons home with a secret underground tunnel has surfaced on the market. Located in the heart of Sagaponack Village farm and wine country, the compound is available for $6 million. Close to the beach, the 1.7-acre spread on a former potato field offers an appealing combination of modern home amenities in a classic farmhouse design. The land was purchased in 2016 by Debora Oppenheimer of Douglas Elliman. Oppenheimer worked as a developer on the project and now serves as co-listing agent with Kay Lawson of Douglas Elliman. “The idea—instead of doing a megacastle—was to do two properties built with a main house on a smaller scale and a guesthouse in a larger proportion,” Lawson says. The resulting compound is an appealing option for a multigeneration-family looking for privacy and independence. Each home has its own living space, kitchen, and driveway. But they are connected. The 4,000-square-foot main house and 2,500-square-foot guesthouse are linked by a 26-foot-long underground tunnel. An uncommon luxury, the tunnel allows inhabitants and guests to travel between the two homes without having to go outside during inclement weather. This tunnel is a far cry from “The Great Escape” depiction; it’s way more civilized. It looks more like a hallway that simply happens to be subterranean. In fact, it would be an ideal gallery space to hang some bold artwork. Designed by architect Val Florio, the main house has four bedrooms, 3.5 baths, a living room with French doors that open to the outside, a formal dining room, and a spacious kitchen with Corian quartz counters and island with bar seating, a Sub-Zero fridge and Wolf range, and dining banquette. Other details include Italian porcelain in the bathrooms, white oak flooring, ipe decking, double-pane windows, and an attached two-car garage. “The closets are all finished and there are custom black-out shades throughout,” the listing notes. The guesthouse has three bedrooms, 2.5 bathrooms, and living, dining, and kitchen areas. It features the same finishes and appliances of the main house. The landscaped acreage also contains a gunite pool and pool house. The two properties allow for a rotating list of visitors most Hamptons residents expect over the summer season, or even as a rental property for extra income. Either way, the turn-key compound is ready to go. The property has space set aside for a three-stall barn, a tennis court, and several gardens. “It has enough acreage for people to develop their dreams,” Oppenheimer says of the extra space. Of course, those who can afford such a pricey property are probably living the dream already. Sagaponack is one of the most expensive neighborhoods in the Hamptons, if not the entire country. The post Hamptons Home With Secret Underground Tunnel on the Market for $6M appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/unique-homes/hamptons-home-secret-underground-tunnel/ Once Minnesota’s most expensive home for sale—and linked to a family with a household name—the Pillsbury mansion met its final fate with a wrecking ball this week. Southways, the estate in Orono, includes a 36,000-square-foot mansion that was once the summer home of John S. Pillsbury Sr. It stayed in the family’s possession until 1992. The 13-acre spread first landed on the market for a whopping $53.5 million in 2007. The price was dramatically reduced to $24 million in 2013, before the property was divided into five lots and sold off piece by piece. Twenty miles west of downtown Minneapolis, the property sits along a peninsula on Lake Minnetonka. It was originally designed by Harriet T. Lindeberg and built in 1918. Seven structures were within the estate, including a greenhouse, pool house, and caretaker’s cottage. There were seven bedrooms and 13 bathrooms. Out back, there was a pool as well as a tennis court, plus 415 feet of private lakeshore. Within the brick-and-stone main home was a 6,000-bottle wine cellar, two master baths, sunroom, gym, and nine fireplaces. The home graced the cover of “Legendary Homes of Lake Minnetonka,” by Bette Hammel, published in 2009. “It’s the wealthiest property in the state of Minnesota,” says Daniel Gustafson of Coldwell Banker. “In the late 1890s this (area) was the ‘who’s who’ of Minneapolis. These were all summer homes.” Not only did the Pillsbury family summer here but so did the Daytons, who made their money in department stores before founding Target. How did we reach demolition stage? In 1992, investor Jim Jundt snapped up the lakefront manse for $5 million and poured a ton of dough into its renovation. When Jundt tried to flip the finished structure in 2007, his plan flopped. Once the most expensive listing in the state, the property dropped dramatically in value over the course of a decade. Gustafson believes the cost to live in the mansion was the reason for its downfall. “These big mansions are kind of like white elephants: very pretty to look at but expensive to maintain,” he says. Monthly utility bills, maintenance, plus property taxes ($167,855 based on the initial listing price of $53.5 million) rival what many Americans already pay for a home. According to Lakeshore Weekly News, the city issued a demolition permit in early August to Jundt and his wife. Locals “are really disappointed and don’t want to see what many people consider an historic landmark or structure come down,” says Gustafson. The Jundts had until Feb. 2, 2019, to raze the property, but the demolition took place this week.
The post After a Decade on the Market, the Pillsbury Mansion Crumbles appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/unique-homes/pillsbury-mansion-destruction/ The housing market has made little progress over the past year or so, and this summer, the wind officially seems to have gone out of its sails. One after another, the economic data reports have disappointed, leading MarketWatch to observe, back in June, that the current housing cycle may have run its course. On Thursday, the market hit another possibly worrisome milestone. It was spotted by Amherst Pierpont Securities’ chief economist, Stephen Stanley, after the Commerce Department released figures on sales of new homes. “Combined with the softness in existing home sales, the overall home sales figure dipped below 6 million in July to the lowest reading in nearly two years,” Stanley wrote. As a reminder, sales of previously-owned homes make up the vast majority of housing market sales. Those sales declined for the fourth month in a row in July, and touched the lowest point in over two years, the National Association of Realtors said Wednesday. Because there’s a real lack of existing homes to buy, most housing industry attention has been laser-focused on activity in the new home space. For years, builders have kept inventories lean even as demand surged. But last month, as Stanley pointed out, the number of new homes available for sale hit its highest level since 2009. At that month’s pace of sales, it would take 5.9 months to exhaust available inventory, one of the closest post-crisis readings to six months, which has historically been considered a marker of a market evenly balanced between supply and demand. What’s going on? First, it can’t be said often enough: “The government’s home-construction reports are based on small samples and are often revised heavily, making it hard to rely on any one month’s data.” To put that another way, the Commerce Department said July sales were 1.7% higher than June’s – with a 14.7% margin of error. That said, there are many reasons for sales to be running out of steam. Between slowly rising rates and prices, homes are increasingly less affordable, even as rental options are multiplying. And many Americans have questions about whether homeownership is worth it, given the new tax laws. But even if the weakness is real, and it lasts a few months, there’s still hope. As Jefferies economist Ward McCarthy put it, “This is not the first temporary slowdown in housing activity this cycle.” The post Home Sales Hit a Fresh Low in July as Housing Market Looks for Direction appeared first on Real Estate News & Insights | realtor.com®. via https://www.realtor.com/news/trends/home-sales-hit-fresh-low-july-housing-market-looks-direction/ |
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