Shaq’s Miami Mansion Down From $35M To $25M

January 14, 2009
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The price of the Miami mansion owned by basketball superstar Shaquille O’Neal has been reduced from the original market price of $35 million to the present selling price of only $25 million. Shaq’s 19.440-square foot Star Island mansion has been off the market for a while but is back after the deal did not go through.

The Phoenix Sun star player purchased the property in 2004 for only $18.8 million.  It was previously owned by soda magnate Juan Carlos Correa who included the home furniture in the sale for an additional $1 million. There were reports that baseball star and Madonna flame Alex Rodriguez had been negotiating for the sale of…

Crisis forces people to stay home permanently

December 22, 2008
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The deteriorating economic condition has forced Americans to stay and own their homes permanently. Less people are moving out with the movement of only 38.6 million people noted between 2006 and 2007. This is even lower than the moving rate between 1982 and 1983 which is also a year of economic slowdown.

This is starting to worry real estate brokers who are faced with lesser clients to get commissions from. Add to this the surge in the number of people seeking work as real estate agents and you get zilch!

Jewel’s Hollywood home up for sale

December 18, 2008
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A Hollywood Hills home owned by singer Jewel and her husband Ty Murray is up in the market.  The Grammy Award nominee is selling her luxurious home, which boasts of an office, a private deck, two bathrooms, a car garage and two bedrooms, for $1.7 million.

The main selling point of the property is however the fact that it was once owned by a celebrity and that it has a great view of the city lights.

The price of her abode may be too low considering her celebrity status but it is already a far cry from her previous dwelling place—a van. However, the fact that Jewel’s home has a total area…