National Association of Realtors (NAR)

National Association of Realtors (NAR)

There are currently 199 blog entries related to this category.

September 2023 - Jean-Luc Andriot - Blog Post Image_1

Not long ago, home sellers were in their heyday, as historically-low mortgage rates triggered a real estate buying frenzy. However, the Federal Reserve shut down the party when it began raising interest rates last year.1

Now, it’s not as simple to sell a home. While pandemic-era homebuyers were racing the clock—trying to lock in a low mortgage rate and gain a foothold in the market—current buyers are more discerning. Higher prices and mortgage rates have pushed their limits of affordability, leading them to prioritize cost, condition, and overall value.2

The reality is, home inventory remains low, so most properties will still sell with some basic prep, the right price, and a good real estate agent. But owners who go the extra mile are more likely

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From Realtor.com Ray Romano Looks To Lease Out His Malibu Beach Pad for $175K a Month for Jean-Luc Andriot blog 082423

Comedian Ray Romano is hoping someone will love his beautiful beachfront rental. The star and producer of TV’s “Everybody Loves Raymond” is looking to lease out his sleek, fully furnished Malibu, CA, property for a mere $175,000 a month.
Romano put his modern Venice, CA, farmhouse on the market last year for $2.5 million. It sold a few months later for $2.3 million.

Read on

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From Realtor.com Joan Rivers’ Opulent Former Home Reappears on the Market in Manhattan for $34.5M for Jean-Luc Andriot blog 080423  

That signature line from iconic comedian Joan Rivers nearly echoes off the walls as you peek inside her former, one-of-a-kind apartment at the edge of Manhattan’s Central Park.

Although she died in 2014, the unique luxury residence is still making headlines—and it recently turned up for a market encore, priced at $34.5 million.

Welcome to the fabulous world of Joan Rivers, the trailblazing comedian, actress, and television host who redefined comedy and made audiences laugh until their sides hurt. 

Born as Joan Alexandra Molinsky on June 8, 1933, in Brooklyn, New York, Joan Rivers showed her comedic prowess at a young age. Despite facing challenges, she never shied away from her dreams of making it big in show business. Her relentless

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August 2023 - Jean-Luc Andriot - Blog Post Image for Jean-Luc Andriot blog 080223

To avoid buyer's remorse, be sure to consider your future self when shopping for a home.

Most new homebuyers don't regret becoming homeowners. In fact, according to a survey by LendingTree, 80% of recent buyers who successfully overcame a challenging housing market say they're glad they found their current homes.1 But that doesn't mean newly-minted homeowners don't have any regrets about their buying choices.

On the contrary, research shows that even the most-satisfied homeowners would change some aspects of their home purchase if given the opportunity. According to a recent survey by Anytime Estimate, nearly 3 out of 4 buyers who purchased a home in 2021 or 2022 still have a few regrets.2

Some question their decision to move to a neighborhood

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From Realtor.com, No More New York State of Mind Billy Joel’s Long Island Estate Is on the Market for $49M for Jean-Luc Andriot blog 060523

Famous Movie Director James Cameron Lists His Lavish California Eco-Ranch for $33M.
Oscar-winning director James Cameron‘s knack for innovation, attention to detail, and sense of responsibility are equally apparent in his films and homes. He is best known for his work on blockbusters “Titanic,” “Avatar,” and “Aliens,” among others.
You might even think of his Hollister Ranch a real estate blockbuster. And he’s looking for a well-drawn ending to his stewardship of the remarkable, 102-acre estate with unrivaled ocean views. It’s where he wrote parts of “Avatar” and its sequel, thanks to those coastal views fueling his imagination, he told the Wall Street Journal.
He recently listed the beautiful, self-sustaining property for $33 million.

Read on

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June 2023 - Jean-Luc Andriot - Blog Post Image for Jean-Luc Andriot blog 060123

There’s an old adage in real estate: location, location, location. But ever since the Federal Reserve began its series of inflation-fighting interest rate hikes last year, a new mantra has emerged: mortgage rates, mortgage rates, mortgage rates.

Higher rates had the immediate impact of dampening homebuyer affordability and demand. But this year, we’re seeing further repercussions. While analysts expected listing inventory to swell as sales declined, instead, homeowners have been pushing off plans to sell because they feel beholden to their existing, lower mortgage rates.

So what impact is this reduced demand and low supply environment having on home values? And what can we expect from the real estate market in the coming months and years? Here are

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May 2023 - Jean-Luc Andriot - Boomers Buy the Most Homes for Jean-Luc Andriot blog 050823

As the baby boomer generation enters retirement age, they are now the largest generation of home buyers and sellers. Baby boomers, born between 1946 and 1964, have a significant impact on the real estate market. In this blog post, we will explore why baby boomers are dominating the housing market and what this means for the future of real estate. 

One reason why baby boomers are the largest generation of home buyers and sellers is simply due to their size. According to the U.S. Census Bureau, there are currently around 73 million baby boomers in the United States, making up about one-quarter of the population. As a result, their impact on the housing market is significant.

Another reason why baby boomers are dominating the housing market is that

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From Realtor.com Casino King Steve Wynn Hopes To Hit It Big With Sale of $27M Idaho Compound for Jean-Luc Andriot blog 040423

Casino magnate Steve Wynn is letting go of his sprawling Ketchum, ID, estate for $27 million. The sky-high price tag makes it the most expensive property in the state.
The 81-year-old has been slowly selling off $300 million in his personal real estate portfolio, as reported by The Wall Street Journal—from a $78.5 million estate in Palm Beach, FL, to a $90 million New York City penthouse.
Last year, he unloaded his Las Vegas, NV, home for $17.5 million and another waterfront spread in Palm Beach for $32 million.
As for the Idaho megacompound, the property sits on two lots, for a total of four acres. One parcel features a main house originally built in 1986, and a second parcel contains the guesthouse constructed in 1979.
The magnificent mountainside

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From Realtor.com, Open Your Heart to Madonna’s Former Mulholland Drive Mansion, Available for $21M for Jean-Luc Andriot blog 03032

It just doesn’t get more old-Hollywood glam than the Los Angeles estate known as Castillo del Lago. Set on legendary Mulholland Drive in the Hollywood Hills, this spread is said to have been a Bugsy Siegel lair in the 1930s. After that, it served as a prominent movie location for 1984’s “Beverly Hills Cop” and as Madonna's home in the 1990s. The home currently belongs to fashion titan Leon Max, of Max Studio, according to the Wall Street Journal.
And if you happen to have $21 million lying around, you could be the next owner of this lavish, nine-bedroom, six-bath dwelling.
Originally designed in 1926 by noted architect John DeLario, the 10,513-square-foot mansion features classic Spanish architecture and is quite the local landmark.
Situated behind

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March 2023 - Jean-Luc Andriot - Blog Post Image for Jean-Luc Andriot blog 030223

When it comes to listing their home, most home sellers want three things:
1) to make a lot of money,
2) to put in minimal time and effort,
3) to sell quickly.

But the reality is, selling a home is rarely that simple. And homeowners who try to do it themselves—or receive bad advice—can end up stuck (months later) with a property that hasn’t sold.

If that’s you, don’t panic! We’ve outlined the top five reasons a home doesn’t sell—and action steps you can take to overcome each of these issues.

Not sure why your property didn’t sell? If you’re not already working with an agent or your listing has expired or been withdrawn, give us a call! We’d be happy to offer a free, no-obligation assessment and create an action plan to get your home SOLD.

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