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Want A ‘Recession-Proof’ House? Buy a Celebrity Mansion

Dennis Norman

This week, Cher’s former Miami Mansion, which was purchased back in 2006 by Sean Wolfington, sold for $10.45 million – close to $2 million more than its sale price at the peak of the market, according to ONE Sotheby’s.  So while most of the real estate market has been negatively impacted by [...]

House prices increased in June in 23 of 25 metro areas

Dennis Norman

 According to the Housing Market Report that was issued this morning by Radarlogic, home prices increased in June from the previous month in 23 out of the 25 metropolitan areas tracked by their company.

Overall the composite for all 25 metros showed a 3% gain in price from May to June representing [...]