A record level of investor buying at bargain prices spurred Southern California homebuying in December, but not enough to lift sales above levels seen at the end of 2010, DataQuick Information Services reported Tuesday.
Last week, Zillow noticed that 2011 closed out with a lot of celebrity house sales. But that got us thinking of the poor, poor celebs who couldn’t sell in 2011 (and there were many). Here are five of the worst cases:
The Prince of Darkness and his bride (aka Ozzy and Sharon Osbourne) have been trying to offload this Malibu house since the spring of 2006, according to Trulia. The five bedroom, five bathroom house sits on La Costa Beach and has fireplaces, a dining room, and a third floor terrace with jacuzzi. Originally listed at $14 million, it’s now been chopped all the way down to $8.795 million.
Tennis star Pete Sampras originally listed his practically new house in Thousand Oaks way back in March 2010 (it was only built in 2009).
Diana Olick broke the news this morning that the Obama administration is very close to announcing a plan that would sell government-owned foreclosed properties in bulk to investors who intend to use them as rental properties.
It’s January, and you know what that means: New Year’s resolutions. In addition to eating better and losing weight, many Americans resolve to get their finances under control by creating a monthly budget for themselves. Making a budget is essential if you want to build your savings, but it doesn’t mean you can’t enjoy yourself.
A budget is especially important for renters who hope to become homeowners one day. A monthly budget means keeping track of your income and spending, as well as planning for any “hidden expenses” that may come up – things like birthdays, holidays and, if you get an hourly wage and no sick pay, days you need to call off work.
A good monthly budget also means cutting expenses where you can. The experts a