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Expensive House Real Estate

In the real estate world from US there is a new record for the most expensive property on the market in the US today. This house is on the market for $165 million, and for this huge sum of money you get - 6.5 acres of land that include four houses, an apartment and a cottage for the security staff. The stats here are dazzling: three separate pools, 29 bedrooms, a movie theater and a disco (the main house has just nine bedrooms). The home was built in 1927 for banker Milton Getz and designed by Gordon Kaufmann. Hearst bought for $120,000 in 1947. The LA times reports that the home is currently owned by attorney-investor Leonard M. Ross, who is looking for a “lifestyle change.” Ross bought the home in 1976.

If you had acted fast 20 years ago, when the home was briefly on the market, you could have picked this place up for $25 million. As Curbed LA mentioned the home has been in several movies including The Godfather, The Jerk and The Bodyguard.

Personally I like the home, but I’m aware that a home like this can cost you a lot of money, and you are just a simple human and this is just to big for someone. - Via - Latimes & BBC

Most Expensive Real Estate in the US

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Business Week recently wrote an article where they discussed why huge million dollars homes are more and more popular. The statistics shows that home sales at the $5 million-plus price range rose 11% in 2006, compared to a 8.4% decline in overall housing market sales. Between 1999 and 2005, the Institute for Luxury Home Marketing says, sales of homes for more than $1 million skyrocketed over 500%. Today, there are seven homes on the market priced at $100 million or more. In 2005, there was just one. Now, why more and more people build this kind of homes ? In these days more and more people get richer and richer. They have worked hard for their money and this is a way to show their “trophy properties”, aquired with a lot of hard work, the prize.

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Today I’ve found this beautiful modern dream home on Desire to Inspire, and I love it. A great example for everyone who want a modern home, just to afford one. Enjoy these beautiful pictures. - P.S - Click on images to enlarge

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Today I was viewing a slideshow from the June issue of Monocle, where they presented homes of Afghanistan’s nouveau-riche (many are druglords), and I saw this house. I stopped an I was really amazed by this design. The most touching part was the big black shiny window that is a sign of power and luxury. I love this. What do you think ?

house

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Now that’s called luxury and is a perfect post for our Dream Homes section. Dubai’s Damac Properties is targeting the world’s super-rich with a collection of apartments priced at up to $10 million. The exclusive residences will each occupy an entire floor in two of Damac’s landmark skyscrapers: Ocean Heights in Dubai Marina and Lotus Heights in Business Bay. The apartments, known as Signature Residences, will have uninterrupted 360 degree views thanks to their lofty locations from the 67th to 75th floors of the towers. They will each be reached by their own private, voice-activated elevator. All apartments come with a maid’s room, four parking spaces each and every apartment will have its very own swimming pool, personal gymnasium and steam room.

Apartments in Dubai

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