Retired Racer’s Magnificent Mountaintop Mansion Roars Onto the Market for $24.8M

Realtor.com

Calling all motorheads: Retired race car driver Richard Berry‘s megamansion in Evergreen, CO, comes with its own jaw-dropping auto hangar.

Custom-built in 2004, the 50,275-square-foot mountain spread sits on 75 acres just west of Denver.

Listed for $24,799,000, the property known as Thunder Ridge is attracting a fair amount of attention. It was recently ranked as one of the most popular homes in the country.

But Thunder Ridge didn’t exactly rev the market’s engines in 2019, when it was listed for $19,999,000. Its current list price is an increase of $4.8 million, which listing agent Sean Endsley, of LIV Sotheby’s International Realty, attributes to Denver’s dynamic real estate scene.







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As investors eye deals on rentals, Lennar offers thousands of homes

The nation’s second-biggest homebuilder is marketing thousands of homes at a time when investors are looking for deals on rental properties, according to a new report.

Two key charts to make sense of the crazy US housing market

Media headlines focusing on a pending US housing market crash are based on limited data that's skewed by the outsized 2021 numbers. Mike DelPrete offers two charts to help you consistently refocus on market realities.

Erin and Ben Napier of ‘Home Town’ Reveal One Free Thing That Adds Major Value to a House

HGTV

On “Home Town,” Erin and Ben Napier have renovated some rough homes, but their latest fixer-upper could be the hardest one yet.

In the Season 7 episode “The Family Tree,” Erin and Ben team up with Brandon, a Laurel, MS, native who is returning home to put down roots. He wants a tidy, attractive house and is willing to spend up to $200,000 to get it.

However, the two-bedroom, 1.5-bathroom place he picks is in terrible shape. The 1940 build has been vacant for a long time, and Ben points out that they need to tidy up before they can even demolish the kitchen.

“Today is a first. We are vacuuming before demo,” Ben says as the team cleans animal droppings. But things get worse when the HGTV stars find termite damage and rotten floor joists. They tell Brandon that the repairs will be so pricey that they should consider tearing the whole place down and starting anew.

run-down house
updated home
swings
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‘Goonies’ house finds new owner just days after listing

After hitting the market in late November for $1.65 million, the Astoria, Oregon, home was purchased for an undisclosed price by a superfan who aims to remain anonymous until the sale is finalized.

Expect more high-profile executive shakeups — and golden parachutes

This month, Coldwell Banker CEO M. Ryan Gorman and Opendoor CEO Eric Wu relinquished their chief executive posts. Inman founder Brad Inman envisions a cold winter ahead.

Prevu expands tech, homebuyer rebate model to Texas and Colorado

Prevu's expansion into Austin and Denver brings the number of states in which its agents work to eight, including New York, Connecticut, California, Pennsylvania, Massachusetts and Washington.

Music Industry Icon Clive Davis Is Selling His Tribeca Pad for $5M

Getty Images / Realtor.com

Cue the music! Legendary music producer Clive Davis is unloading his chic New York City apartment for $5 million.

That’s the same price the Rock & Roll Hall of Famer paid last year for the three-bedroom, 3.5-bath home in a landmark Tribeca building.

Featuring lofty ceilings and an elegant design, the apartment is 2,448 square feet. Oak flooring and Italian marble offer a high-end sheen, as do the kitchen’s Miele appliances and waterfall island.

Open floor plan

Realtor.com




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Pacaso, Realm link up to promote luxury co-ownership

Pacaso on Monday announced a joint effort to integrate luxury co-ownership opportunities with Realm's global network of top-producing real estate agents, the company told Inman exclusively.

Make Some Room! Cheap Ways To Add Space to Your Too-Small House

Getty Images

So you’ve decided to take a breather from the homebuying process until mortgage rates or home prices are a bit more wallet-friendly.

But you’re still faced with the situation that motivated your home search: Your house is bursting at the seams, and you need more space.

Well, hang tight. We’ve got affordable ideas for reimagining what you already have, so you can add storage and living space while you wait to upsize.

Look at awkward spaces as opportunities

“Use your awkward space to your benefit,” says Kelsey Fischer, lead designer for Havenly. “A space next to the stairs can be an office, a reading area, or a play zone.”

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Best Advice for Homeowners of 2022: From Design Do’s and Don’ts to Home Improvement Hacks

Photo-Illustration by Realtor.com; Photos: Getty Images (4)

Just when you thought 2021’s wild real estate ride was ending, 2022 arrived to deliver one smackdown after another. Mortgage rates and home prices jumped higher than we’d seen in recent years, and low inventory posed a problem for homebuyers and sellers alike.

But amid the ups and downs of the real estate market, there were plenty of homeowners who were perfectly content staying put and looking for ways to beautify their living space.

That’s why a good swath of our coverage this year focused on expert-approved secrets and strategies for improving the home you’re in—from design do’s and don’ts to cleaning hacks to something called “house shame.”

We combed through hundreds of articles published this past year to find our best of the best: eight of our most useful advice stories for homeowners, each one highlighting a must-know nugget of info that you can carry into 2023.









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The PLS to Supreme Court: Deny NAR petition in pocket listing suit

In a new brief, the former pocket listing service argues that NAR limited competition to its Realtor-affiliated MLSs "by conspiring to destroy the livelihood of any dissenting real estate agent."

$1.3 Million Homes in California

A hillside house in Lake Arrowhead, a two-bedroom condominium in San Francisco and a Tudor Revival cottage in Long Beach.

From solo to broke(r): 3 truths to save you time, money and stress

Becoming a broker is no easy task as there are a variety of layers stacked that make becoming a broker a difficult occupation. But with the right guidance and help you can make that transition from a solo agent to a broker.

How to create a Canva vision board to set your intentions for 2023

Want to create something that you can take anywhere to keep your goals and intentions in front of you this year? Here’s how to create a customizable digital vision board quickly and easily using Canva.

Don’t get distracted: Here’s how to double down on your success

Your business will grow when you commit to doing these actions consistently. You will see more listings and more closings. So, are you ready to get to work?

New tech seeks brokerages for early access program with these 4 attributes

After a successful launch in the New York metro area last year, the Localize team is ready for the Windy City. Brokerages in Chicago can join the Launch Partner program here.

Memorable client gifts to mark the holidays

When the holidays arrive, it’s essential to take time to honor and nurture these client relationships. Here are my thoughts on how to do that.

What a hurricane can teach us about market uncertainty

Thoughtfully organized response strategies identify priorities, establish clear channels of command, and provide a reassuring framework to a broad audience that might otherwise be left in a vacuum, extrapolating the worst-case scenario.

How a Hotel Was Converted into Housing for Formerly Homeless People

Though Mayor Eric Adams estimated that 25,000 hotel rooms could be turned into supportive and affordable housing, only one building has been converted so far. And it was in the works before the plan.

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