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Inside Wealth: Real Estate

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  • $8.3 million luxury London apartment repossessed Tuesday, 10 Sep 2013 | 11:21 PM ET
    One Hyde Park, London

    An apartment in one of the world's most prestigious buildings is on sale for £5.25 million ($8.3 million) after being repossessed.

  • Jumbo mortgage rush: Why the rich are buying Tuesday, 10 Sep 2013 | 10:09 AM ET

    Even as the rest of America pulls back on mortgages, the wealthy are going on a borrowing binge for million-dollar homes, according to RealtyTrac.

  • Singer selling $100 million worth of mansions Monday, 26 Aug 2013 | 12:02 PM ET
    Celine Dion's mansion in Jupiter Island, Florida.

    The singer is cashing out of the mansion market, listing two of her trophy properties in Florida and Montreal for a total of more than $100 million.

  • Investors see riches in luxury US homes Monday, 12 Aug 2013 | 1:59 AM ET

    House flipping is on the up as investors gain more confidence in the US housing market and private money lenders are the ones providing the cash.

  • For sale: Mansion, Bentley, toilet brushes included Friday, 9 Aug 2013 | 7:00 AM ET
    Turnkey real estate.

    Haggling over fossils and forks has become increasingly common at the top of the real estate market as more and more foreign buyers rush into the market for high-end properties.

  • Hamptons beach home sales hit record Thursday, 25 Jul 2013 | 4:07 PM ET

    It's hot in the Hamptons this summer! Real estate sales shot up 23% in the second quarter, topping $1 billion.

  • Warning sign: Overseas real estate purchases slow Wednesday, 24 Jul 2013 | 2:24 PM ET
    A balcony overlooking the Atlantic Ocean at the Trump Hollywood condominiums in Hollywood, Fla. Latin Americans have contributed to ending the real estate crisis in South Florida by snapping up luxury condos, but recent data shows foreign sales are slowing.

    Slowing economies in places like China and Brazil are weighing on the real estate market as foreign purchases of U.S. property slowed in the 12 months ended in March, a new report said.

  • Versace's $125 million mansion up for auction Wednesday, 17 Jul 2013 | 3:36 PM ET

    The South Beach mansion once owned by Italian designer Gianni Versace, which previously listed for $125 million, is up for sale again.

  • How the rich get a big real estate tax break Monday, 15 Jul 2013 | 4:05 PM ET

    The few who can afford to shell out tens of millions for an apartment in one of the new condominiums being built across New York City may find a perk in real estate tax breaks, the New York Times reports.

  • Boom times? $100 million home listings return Monday, 15 Jul 2013 | 5:11 PM ET
    The 314-acre Homer’s Pond property on Martha’s Vineyard is on the market for $118 million.

    Brokers and real-estate analysts say there are now more than a dozen homes in the U.S. listed or quietly on the market for $100 million or more, that's more than during the peak of the housing boom in 2007.

  • New York is running out of luxury apartments Tuesday, 2 Jul 2013 | 2:08 PM ET
    A penthouse at the Pierre Hotel in New York City is listed at $125 million.

    You wouldn't know it from looking at all of the glass towers going up across Manhattan, but the city is running out of penthouses and other ultra-luxury apartments, and what's on the market may be overpriced.

  • Luxe Housing Braces for Emerging-Market Fallout Tuesday, 25 Jun 2013 | 1:06 PM ET
    A model apartment unit in Miami.

    Troubles in emerging markets could stretch to the luxury apartment markets in New York City and Miami. But only if you're a single-digit millionaire.

  • As Supply of Cape Cod Mansions Shrinks, Prices Soar Friday, 21 Jun 2013 | 12:42 PM ET
    Billionaire William Koch is putting his historic compound on the private island of Oyster Harbors up for sale, CNBC has learned.

    Sales and rental prices on Cape Cod are rising, especially at the top end of the market. Plus, see which property billionaire William Koch has put up for sale, CNBC has learned.

  • What's a Mogul to Do? Towns With Mansion Shortages Thursday, 13 Jun 2013 | 10:48 AM ET
    This $8.2 million Carmel, Calif., home is still on the market.

    While housing inventory is falling throughout the country, it's been falling especially fast in some of the country's richest ZIP codes, creating a mansion shortage.

  • Mega-Broker to Rich Dolly Lenz Departs Elliman Wednesday, 12 Jun 2013 | 10:25 AM ET
    I. Dolly Lenz, vice chairwoman, Prudential Douglas Elliman

    I. Dolly Lenz, who has brokered more than $8 billion in deals over 25 years and has long been on the top real-estate deal-makers in New York, is leaving Douglas Elliman Real Estate.

  • Summer Rentals Hit $1 Million in the Hamptons Tuesday, 28 May 2013 | 12:26 PM ET
    This home in Southampton is for rent for only $1,000,000.

    Brokers say there are now at least a half dozen homes and estates in the Hamptons that are renting for around $1 million—just for the summer—a new record.

  • Wealthy Pour More Money Into Vineyards Wednesday, 15 May 2013 | 6:56 AM ET

    The world's wealthy are pouring more of their fortunes into prime vineyards, and brokers say demand is rising for raw acreage as well, prompting Christie's to start a new real estate service.

  • Equestrian Estates Are Back in the Saddle Wednesday, 1 May 2013 | 12:59 PM ET
    This Tuscan-style equestrian estate in Santa Barbara, Calif., is currently listed for $14.95 million. The 8,725-square-foot main residence is located on 10 acres with outstanding ocean views, and the stable is large enough to accommodate six horses.

    From the rolling green pastures of Virginia to the palatial paddocks of California, equestrian estates are back in vogue.

  • As Hedge-Funders Battle Ocean, Locals Take a Side Thursday, 18 Apr 2013 | 9:00 AM ET
    A protective barrier camouflaged by sand outside the beachfront property of Joshua Harris, a billionaire hedge fund founder and an owner of the Philadelphia 76ers, in Southampton, N.Y.

    As Hamptons homeowners battle beach erosion, a flurry of construction is touching off bitter disputes over the environment, real estate and class.

  • Billionaire Malone on Wealth, Death and Yachts Tuesday, 16 Apr 2013 | 12:38 PM ET
    John Malone

    In the highly personal interview, the cable magnate talked about his wealth, his land holdings and the one toy he does enjoy: Barry Diller's yacht.

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