Posts tagged as:

real estate

50 Cent’s 52 Room Mansion up for Sale Again

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Curtis Jackson, 50 Cent, is once again attempting to sell his mansion located in Farmington, Connecticut. The 52 room mansion was bought back in 2003 from Mike Tyson for $4.1 million. According to Courant, the asking price began at $18.5 million and has now dropped to an all-time low of $9.9 million. There are many [...]

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3 Things That May Cause Real Estate To Drop Further in 2010

It was a rough year for real estate in 2009. While prices did hit all-time lows, it’s highly possible that the lows could fall further this year. CNN Money provided three reasons for that possibility. While we’ve discussed the underlying reasons for real estate falling further in 2010 on the commercial side before, we’d like [...]

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Antoine Walker Can Add Slum Lord to His Shining Resume

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Antoine Walker has certainly seen better days. He’s magically misplaced his $110 million earnings and battles with over $4 million debt. Recently, the Chicago Tribune reported that Walker’s two real estate companies held numerous properties with slum conditions. These dilapidated buildings caused their tenants sicknesses while some had to move out since it was so [...]

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Spotlight on R. Donahue Peebles

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R Donahue Peebles makes major waves in the real estate world. He is the founder of Atlantic Development Corp, which boasts over $4 billion in development deals. The corporation is one of the largest African American owned real estate firms in the country. The founder has negotiated and won several competitive bids over his career. [...]

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Commercial Real Estate Still Hurting

Commercial real estate is not looking good at the moment. It’s been on a negative streak for five repeated quarters, a pattern that hasn’t happened since 1992. The result has had an impact on commercial real estate prices, which have tanked from 30-50% off their highs. This result has left many companies with the deeds [...]

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Inspiration: A Billionaire’s Mansion

There’s nothing more inspiring than looking at the assets of a billionaire. If you haven’t had the fortune of being inside a billionaire’s home, don’t fret. You’re free to roam the homes of the wealthy elite via the internet! While it’s not the most mod home we’ve ever laid our eyes upon, it holds its [...]

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The Rich Are Renting

The real estate market has yet to recover. It’s still a buyer’s market with housing values steadily decreasing. With such paltry yields, it seems better to consider renting instead. Forbes reveals that the rich are currently renting themselves. Owners of expensive homes are opting to rent out their homes for a fraction of its value [...]

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Wanted: Home Buyers Tax Extension

Washington is getting a lot of pressure from the National Association of Homebuilders and realtors. While we’re sure these individuals are lobbying for the good of mankind, we suspect they’re also covering their own behinds here. Once the new homeowner tax credit expires, there’s fear that the results will mirror that of the “cash for [...]

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