Archive for Uncategorized
Musician Shannon Leto Buys Bank Owned LA Mansion
Leto, drummer for 30 Seconds To Mars, scooped up an REO in the Sunset Strip area of LA for $900,000. The gated Mediterranean home features 2 fireplaces, and a wrought iron enclosed swimming pool.
Popularity: 3% [?]
Siesta Key Waterfront Home Sells For $1.52 Million
5408 Azure Way on Sarasota’s Siesta Key has been purchased by Lelon International LLC for $1.5 million. The previous owner paid $900,000 in 2003 and had added a pool. Lelon International LLC also bought a restaurant at 1414 S. Tamiami Trail in November of 2010. (Michael Braga, Inside Real Estate)
Popularity: 3% [?]
Justin Timberlake Pays $6.4 Million For SOHO Penthouse
The three bedroom, 3.5 bathroom apartment on West Broadway is 2598 square feet with a 853 square foot wrap around terrace. It was most recently listed for $7.65 million, reduced from $8.6 million two years ago.
Popularity: 3% [?]
What does $1.2 Million Buy?
Popularity: 3% [?]
Sarasota Luxury Real Estate Foreclosure Index Report
As of August 30, 2010, there were 26 Luxury Short Sales and 6 luxury foreclosures that had closed in the previous 6 months. The average sold price of the pre-foreclosures was $1,253,779. That price was 88% of the original list average price of $1,438,336. The average sold price of the luxury foreclosures was $1,725,959 with less than 3 months of inventory left. The inventory and average days on the market of Sarasota luxury foreclosures and short sales (pre-foreclosures) continue to decline. Sarasota is located in Southwest Florida on the Gulf of Mexico.
Popularity: 2% [?]
