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Clint Eastwood’s Former Carmel Home Sells for $18.55 Million

Clint Eastwood’s Former Carmel Home Sells for $18.55 Million

by Phil Hall | Oct 9, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The former Carmel-by-the-Sea, California-based home of iconic actor and director Clint Eastwood was sold for $18.55 million. The Wall Street Journal reported the property was listed in August for $21 million by Frederick O’Such, a retired investor who bought the...
New Report Details Discrimination Against Section 8 Housing Voucher Tenants in California

New Report Details Discrimination Against Section 8 Housing Voucher Tenants in California

by Phil Hall | Oct 9, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A newly released investigation report has found California residents holding Section 8 housing vouchers were refused rental contracts by more than 200 landlords in the state. According to the Associated Press, the nonprofit Housing Rights Initiative filed complaints...
San Francisco DMV Field Office to Become Apartment Complex

San Francisco DMV Field Office to Become Apartment Complex

by Phil Hall | Oct 4, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The office of California Gov. Gavin Newsom announced the redevelopment of an existing Department of Motor Vehicles (DMV) Field Office in San Francisco into an apartment complex. The current site was constructed in 1960, but it no longer complies with current health...
Kanye West’s Malibu Property, Listed at $57 Million, Sells for $21 Million

Kanye West’s Malibu Property, Listed at $57 Million, Sells for $21 Million

by Phil Hall | Oct 3, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Belwood Investments announced its discounted acquisition of the Malibu property of rapper Kanye West. West purchased the property in 2021 for $57 million and gained notoriety with a highly publicized but ill-fated renovation project that remained unfinished when he...

Forecast: California Homes Sales and Prices to Increase in 2025

by Phil Hall | Sep 26, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The California Association of Realtors (CAR) is predicting an increase in home sales and prices during 2025 as more buyers and sellers return to the market thanks to lower interest rates and improved housing supply. CAR forecasts the sale of existing single-family...
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