History of Notable Figures Called This Mansion Home

The Harvey Mudd estate, located in Southern California’s famous 90210 zip code, and designed in 1922 by noted architect Elmer Grey, is for sale at $22.995 million. The English Country estate is nestled into a well-groomed acre with a swimming pool, an aviary and gardens. With seven bedrooms and seven bathrooms, the home has been owned by a slew of well-knowns. Built for Charles Boldt, the home also opened doors to philanthropists Harvey and Mildred Mudd, Harry S. Rothschild of the Rothschild Oil Co., award-winning actor duo Martin Landau and Barbara Bain, and film producer Jack Rapke. Listed for: $22.995 million

To search homes and condos in the Greater New Orleans

CREOLE COTTAGES IN UPTOWN, NEW ORLEANS

In the city of New Orleans the term Creole cottage tends to be more narrowly defined as a one story house with a gabled roof, the ridge of which is parallel to the street.

I love the cottages in New Orleans. Some features of this style of house are thought to be influences from places in France's former colonial empire. The front porches are believed to originate from the Caribbean islands. The high gabled roof is thought to be of French Canadian origin.

HOMES AND CONDOS, NEW ORLEANS, LA

JUMBO LOANS ARE BACK!

Jumbo mortgage loans, which sizzled during the housing market’s rise to the top, and then fizzled out during the real estate market’s collapse, are back with many flexible products. As a result more consumers are able to consider purchasing luxury homes.

Even during the downturn, lenders continued to make some jumbo loans to their very best clients-those with stellar financial pedigrees that included high credit scores, high cash reserves and sizable down payments, sometimes of more than 30% of the purchase price.

What’s different today is that demand for big loans is on the rise, and lenders are eagerly stepping in at a time of recovering home prices and improved economic reports.

RECORD-BREAKING INCREASE IN HOME PRICES

A wave of positive housing news flooded financial newswires this morning. 

Data through April 2013, released today by S&P Dow Jones Indices for its S&P/Case-Shiller Home Price Indices, a leading measure of U.S. home prices, showed average home prices increased 11.6 percent and 12.1 percent for the 10- and 20-City Composites in the 12 months ending in April 2013. 

WHERE ARE THE HOTTEST REAL ESTATE MARKETS?

While home values remain well below their peak on a national level, implying additional room for growth, year-over-year increases in many markets are dramatic and the significant drop in inventory has triggered a rapid shift from a buyer’s to seller’s market.

The five states with the highest home price appreciation within last 12 month:

1.       Nevada +24.6%

2.        California +19.4%

3.       Arizona +17.3%

4.       Hawaii +17.0%

5.       Oregon +15.5%

3214 ST CHARLES, NEW ORLEANS, LA 70115

Townhouse for sale in prime location!

If you  wish to know about Homes for Sale in the Greater New Orleans, LA

BRIEFLY NOTED