Pending home sales in California flat in May:Pending home sales in California remained flat in May but posted double-digit gains from the previous year for the fourth consecutive month, the Los Angeles-based California Association of Realtors reported today. Additionally, the share of distressed sales continued to decline from year-ago levels, signaling a return of non-investors to the housing market, according to a CAR statement. CAR's Pending Home Sales Index was unchanged in May from a revised 128.8 in April, based on signed contracts, but was up from the 115.8 index recorded in May 2011, it said, adding that May marked the 13th straight month that pending sales were higher than the previous year. According to CAR, pending home sales are forward-looking indicators of future activity, providing information on the future direction of the market. "Despite a slowdown in economic growth in recent months, sales in California remain strong as record low mortgage rates and favorable home prices continue to fuel demand in the housing market," said CAR President LeFrancis Arnold. "The strong results in pending sales double-digit year-over-year gains in the last nine out of 10 months suggest solid housing market performance for the state in the upcoming months."
Amazing mansions that some of today’s richest and most famous rappers live in:Get ready take a mind-numbing aerial tour of the mansions of 10 of today’s biggest rap stars. If you were a famous rapper with a $100 million in the bank, where would you live? How many rooms and what other luxuious amenities would your mansion feature? Would you have a tennis court? 10 car garage? Helicopter pad, night club, private lake…??? Would your dream house be in your hometown or would you move to some place exotic? In case you’ve ever wanted to see the amazing mansions that some of today’s richest and most famous rappers live in, you’re in luck. Today we’ll take an aerial tour at the homes of the following rappers: Eminem’s house in Michigan, 50 Cent’s house in Connecticut, Dr. Dre’s mansion in Woodland Hills California, Nelly’s palace in Missouri, Snoop Dogg’s house in Diamond Bar, Birdman’s house in New Orleans, two of Diddy’s NY mansions and finally, Lil Wayne and Jay-Z’s Florida mansions. Who do you think lives in the dopest crib? Which house would you buy if you had the money?
Baldwin Hills million dollar beauty:Rare and amazing Mid-Century Modern home. Designed by KAZ NOMURA, draftsman of EICHLER Homes architect A. QUINCY JONES. Great undiscovered Culver City adjacent neighborhood. Remodeled bathrooms and kitchen with original mid-century style intact. Professional landscaping surrounds the beautiful backyard pool. Full modern amenities such as: Central Air and Heat, Updated Plumbing and Electrical Systems + more!" "Westside meets Eastside Near to the Expo Train Line stop (opening 4/28!) and take the lightrail to Downtown LA. GREAT for commuters! Back in January 2009, This house which was new to the market at the time with a listing price of $775k and it sold in July 2009 for $685k. There was great debate over the pricing of this house at the time (summary of comments: it's too high! overpriced! shut up! look at the comps! racist! housing bubble! etc.) Now it's back 3 years later having been renovated once again and touting proximity to the Expo Line. So, is it worth $849k now? 5618 Sunlight Pl, in the flats of Baldwin Hills Price: $849,000 Beds, Bath: 4/2 Floor Area: 1,977 sq. ft. *The Sundance Film Festival has been hopping with excitement, especially with premiere film €œCeleste and Jesse Forever,€ starring Rashida Jones. But critics and fans were hailing her father, Quincy Jones, nearly upstaging the actress at the reveal.