My New Home: Frequent movers tackle $602,000 ‘fixer-upper’ in Germantown

Leigh (left) and Phillip Allen, with sons Cole, 5, and Phillip Nelson (right), 7, have lived in seven homes during their 13 years of marriage.

Phillip and Leigh Allen love a good project.

In 13 years of marriage, the couple has lived in seven houses. They buy a house, fix it up, sell it and move on. But they don’t consider themselves flippers — they just thrive on change.

The estate-size lot in Germantown’s The Highlands subdivision was a big attraction for the Allens.

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Michigan’s Spalding DeDecker Associates hires new municipal engineering department manager

Phillip Westmoreland is the new municipal engineering department manager at Rochester Hills, Mich.-based Spalding DeDecker Associates, a civil engineering, landscape architectural and surveying firm.

Moreland is responsible for all municipal infrastructure improvement projects, including water distribution systems, sanitary sewer collection systems, stormwater management, road design, pedestrian pathway design and site plan reviews.

Westmoreland is an active member of the American Council of Engineering Companies/Michigan, and brings more than 16 years experience in the industry.

Even Dimon’s Not Immune to Brutal Real-Estate Market

Among Jamie Dimon’s many obvious talents, flipping real estate appears not to be one of them.

The well-regarded chief executive of banking powerhouse JPMorganChase received $421,000 in moving expenses in 2010, as part of an overall compensation package of $20.8 million, according to a Securities and Exchange Commission filing.

Those moving expenses were apparently tied to the sale of Dimon’s Chicago mansion last September, fully three years after he put the 13,500-square-foot, eight-bedroom, nine-bathroom home on the market and not until the asking price had been slashed by nearly 50%.

Originally placed on the market at $13.5 million in April 2007, it sold last fall for $6.95 million.

“That was a price point that the buyer found rather attractive,” said Fran Bailey, a Chicago–based real estate broker and blogger, who noted that it didn’t last long on the market at that amount.

The four-story home, located on Chicago’s tony Gold Coast a block from Lake Michigan, was built around 1880 but has been renovated over the years to meet the most stringent requirements of a top-tier corporate executive, including a state of the art gym and media center.

A slide show put together by selling agent Sudler Sotheby’s International Realty reveals an interior reminiscent of a palace at Versailles.

Don’t worry, though. Dimon didn’t lo

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My New Home: Couple’s decision to stay in area leads to dream house in Collierville

Chad, Rebecca and Ella Cullison have plenty of room to grow in their Collierville home.

Buying a home is a big commitment for anyone to make.

But for Chad and Rebecca Cullison, it meant more than committing to a house and a neighborhood. It meant committing to a city.

They bought the home in Collierville’s Planters Ridge in April 2010. Chad said, “It looked like a good, stable neighborhood, so we liked that.”

The Cullisons made a few cosmetic changes to the 3,160-square-foot home including a warm, tan wall color for the living room.

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