Real Estate News

GOP Tax Plan Impact on Southern California Housing Market

December 26, 2017

GOP tax plan has Americans concerned about becoming homeowners. According to Bloomberg, Realtor.com has recently conducted a survey on the new tax bill, where more than a half of 2,300 participants said they were worried or even extremely concerned about buying a home now when the new tax bill has

Olympic and Hoover Apartment Complex

December 14, 2017

Olympic & Hoover: A Vacant lot at the edge of Westlake and Pico-Union will soon be marked with a new planned development with 173 apartments. The project is set for review today by the Los Angeles Planning Commission. A new building is planned to be seven stories high with 36,990

Eva Longoria lists Hollywood Hills Home for $14M

November 16, 2017

Eva Longoria just listed her gorgeous home atop the Hollywood Hills on Torreyson Drive for $14 million. Days earlier Los Angeles Times reported she bought a snazzy home in Beverly Crest for the same price tag. Gate opens to a grand 2.5-acre estate with 180-panoramic views that features 7 bedrooms, 9 bathrooms,

Playboy Mansion deserves Landmark Status

November 9, 2017

It’s time the battle begins! The fight to preserve the historic Playboy Mansion has officially begun, and its first contender is… As reported by Curbed, Los Angeles City Councilman Paul Koretz is now fighting to preserve Playboy Mansion as a historic-cultural landmark. This decision has been determined by Gothic-Tudor architecture that mansion

Jerde Partnership finds a new home in DTLA

October 25, 2017

Jerde Partnership’s new global Headquarters are now located in CalEdison Building in Downtown Los Angeles — formerly known as “One Bunker Hill”. As Los Angeles Times reported, after spending almost 3 decades on the sandy Venice beaches at 913 Ocean Front Walk, the architecture firm Jerde Partnership will start moving

Priciest home on earth – $413M mansion in the South of France

October 17, 2017

If you are captivated by the most expensive homes in the world, this gorgeous  France’s 187-year-old mansion Villa Les Cèdres will now top your list of favorites! Hitting the market at $413 million, it is now the most expensive home on earth. “No real estate transaction has ever reached such

L.A. rent will increase by $139/mo

October 11, 2017

Can rent payment in L.A. get higher? University of South California Casden Institute says “Yes!” Recent study report states that Los Angeles rental market will experience a new rise in prices. Renters might be paying $136 more monthly, which amounts to $1,630 more per year in rental payments. These changes

Burbank Apartment Complex set to rise by 2021

October 9, 2017

According to Curbed LA, a new transit-friendly apartment complex may be rising in Burbank soon, just west of the Metrolink station. The architecture firm Newman Garrison + Partners has been selected to design this project. Seven-story development will include 327 units, starting from studios to three and four-bedroom apartments. The

Fall Home Maintenance Checklist

September 22, 2017

As the summer heat slowly fades, fall is the perfect time to give your home the attention it needs. Luckily, California Homeowners are blessed with a quite comfortably warm and cozy winter, and there is less to worry about while preparing your home for the cold weather. However, it’s still

The priciest LA home sales of summer’17

September 7, 2017

This summer was sizzling hot, and we are not talking about the weather! Here are the five most expensive single-family residential sales that closed this summer, including off-market deals, according to public records. 454 Cuesta Way, Los Angeles Sold for $88 million, this mega-mansion is now home of “Crazy in Love”

Cheers to Homeownership Month

July 6, 2017

Cheers to Homeownership month! As we celebrate this significant time, this June MSM Luxury Estates would like to guide “homeowners-to-be” through one of the largest financial decisions they will ever make – a decision to buy a home! Once the idea of owning your own property enters your mind, you

SOLD! Playboy Mansion has a new owner, with the closing price of $100,000,000!

August 19, 2016

The Playboy Mansion sale finally closed! Having gained all its rich legacy for over 45 years, this gorgeous mansion has a new owner. The selling price, disclosed by the purchaser, Daren Metropoulos – $100,000,000…! Which is half of what Hugh Hefner initially wanted to get for this estate when he

China’s Luxury Housing Market Business is Booming

July 25, 2016

Analysts expect the future average selling price for luxury real estate in Shanghai China to be at least 120,000 yuan, or around $18,000 per square meter. The China’s luxury housing market is booming at a rate that is attracting buyers from around the world. With a rise in the price