Elon Musk appears to put more properties up for sale after vow to ‘own no house’

Tesla CEO Elon Musk appears to be selling more multimillion-dollar California homes after vowing on Twitter that he “will own no house” earlier in May, much to the dismay of his girlfriend.


A $62.5 million listing for four Los Angeles homes appeared on Zillow on Wednesday night. The listing describes the property as a “project for the big thinker, designed to showcase one of the best views in Los Angeles — from the city to the ocean and beyond.”

Musk purchased the homes that match the Zillow for-sale-by-owner listing’s description over several years starting in 2015, according to Business Insider.

The properties may be split up for interested buyers, according to the listing, which includes at least one private pool.


Read More

Selling a Brickell historic site for condos appears off. But it could be a dog park

When they put off voting on a lease for a small but significant early historic building in the Brickell neighborhood last month, Miami commissioners proposed selling the land for condo development — a move one elected official said could generate millions to relieve a budget crisis.


Load Error

But when two independent appraisals commissioned by city administrators concluded the lot is too small to be developed, Commissioner Joe Carollo, who came up with the sale idea, moved the goal posts.

With the support of two other commissioners, he persuaded the board in a hearing Thursday to again unanimously postpone a decision on a voter-approved lease extension for Dade Heritage Trust on the 115-year-old James M. Jackson office. The preservation group has occupied and maintained the city-owned property, built as a clinic by Miami’s first physician, for 44 years. The commission is now scheduled to consider the proposed 30-year renewable lease

Read More

REX Real Estate Alternate Appears to be like To Synthetic Intelligence, Tech To Outflank Human Brokers

Create a FREE account to save lots of searches and track your favourite homes. Since 1980, retail property has returned a mean of 9%, though is currently returning around 6%. Industrial actual property tends to be the most risky, and is at present returning around 7% (versus its peak of round 12% in the course of the 1990’s recession).

Unlike other investments, real estate is dramatically affected by its environment and speedy geographic area; therefore the effectively-identified actual-property maxim, “location, location, location.” Except a extreme nationwide recession or depression, residential real estate values particularly are affected primarily by local components, equivalent to the world’s employment fee, economic system, crime rates, transportation facilities, high quality of schools and different municipal services, and property taxes.

This is normally referred to by most individuals once they speak about real estate as, “location, location, location.” The placement of a most popular area, for whatever … Read More