Colonial With Rooms to Spare

A Colonial-style home in Hillsborough with seven bedrooms, five full bathrooms and two half-bathrooms in the main house is on the market for $7.2 million.

Property Values: Real Estate for $350,000

A canyon house in Utah, a bungalow in Atlanta and a colonial in New York.

FHFA: House Prices Rose 1% in November

The Federal Housing Finance Agency’s (FHFA)
Home Price Index (HPI) rose 1.0 percent from October to November reflecting an
increase in U.S. housing prices on a seasonally adjusted basis. As can be seen
in the figure below, the there is little difference between seasonally adjusted
and unadjusted FHFA figures.  The estimated
figure for October was revised down from a -0.2 change as first reported to -0.7.
 The current index is 183.8 a drop of 1.8
percent from November 2010 when the index was at 187.3. 

The current HPI is 18.8 percent below
the peak it reached in April 2007 and indicates that prices have returned to
roughly the same range as existed in February 2004.

The HPI is calculated using purchase
prices of houses with mortgages that have been sold to or guaranteed by Freddie
Mac or Fannie Mac.  The index is based on
100 representing prices for homes in the first quarter of 1991.

The HPI rose for all regions
except the Middle Atlantic division (New York, New Jersey, Pennsylvania) which
fell 0.2 percent.  The biggest increase
was in the West South Central Division (Oklahoma, Arkansas, Texas, and Louisiana)
which rose 2.1 percent.  West South
Central and West North Central (North Dakota, South Dakota, Minnesota,
Nebraska, Iowa, Kansas, and Missouri) were the only regions to increase on a
year-over-year basis.

…(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Sustainable City House

This four-bedroom contemporary home designed by architect Seth Stein is discreetly located in London’s Notting Hill.

Aniston and Theroux to Buy in Bel-Air

Jennifer Aniston and her boyfriend Justin Theroux are set to buy a home (shown here, center, with a red door) in Los Angeles’s Bel-Air neighborhood.

By Lauren A. E. Schuker and Candace Jackson

Actress Jennifer Aniston and her boyfriend Justin Theroux, an actor who also wrote the blockbuster films “Tropic Thunder” and “Iron Man 2,” are set to jointly purchase a home for roughly $22 million in Los Angeles’s Bel-Air neighborhood, according to a person familiar with the matter.

The 8,500-square-foot home, which is listed for $24.9 million, is owned by Robert Maguire, who founded real-estate company Maguire Properties Inc. Mr. Maguire first put the A. Quincy Jones-designed home on the market in 2008, but has taken it on and off several times since then. Last year, he re-listed the property for $29 million before reducing it.

The four-bedroom, seven-bathroom midcentury home has floor-to-ceiling glass windows and ocean views. It’s situated on 3 acres and includes a separate guest house, pool, and a vineyard.

Getty Images
Jennifer Aniston and Justin Theroux

The purchase comes about six months after Ms. Aniston, best known for her role as Rachel on the long-running sitcom “Friends,” sold her 1970 Hal Levitt-designed home in Beverly Hills for $36 million. She bought that property in 2006 for $13.5 million, according to public records.

Since they began dating last fall, Ms. Aniston and Mr. Theroux have split their time between New York, where Ms. Aniston bought a home last year, and Los Angeles, where she was renting. Ms. Aniston and Mr. Theroux both star in the upcoming comedy about a Manhattan couple who moves to a rural commune called “Wanderlust.” They met while shooting the film, which also stars actor Paul Rudd. It hits theaters next month.

Joyce Rey of Coldwell Banker Previews International has the listing.