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Living Near Celebrities- Some Are More Desirable Than Others

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Who’s in and who’s out?

Ellen DeGeneresThe Obamas and Ellen DeGeneres are among the most desirable famous celebrities while Octomom and the Gosselins rank as the least desirable (and we can’t imagine why).

It looks like this year’s losers involved people with gigantic families and winners were politicians… I guess politicians have better security and less paparazzi? Zillow’s 2009 poll showed the list of celebrities that people would like to live next door to while others they want to stay away and oddly, Sarah Palin made both lists…
celebrity-neighbor

What’s it like living near a celebrity?

I’ve never lived next door or in the same subdivision as anyone uberly famous although Austin is teeming with celebrities to bump into all over the place, but I’ve never had to deal with Britney’s security guards or get free handbags from Jessica Simpson.

We asked a few people what it was like to neighbor celebrities:

Jeff Jackson of OrgSync said, “the amazing spring weather in Tucson, AZ brings professional cycling, golf and baseball players to town annually. This past spring most of the Colorado Rockies stayed in my condo complex where they tried to live under the radar. One of the outfielders happen to live next to me for a month. He was just like a regular neighbor that happen to give me free tickets to spring training games. The best part was I got to say “I live next door to the Colorado Rockies” for a few weeks.”

Austin corporate trainer, Terrill Fisher noted, “I enjoy having him [Lance Armstrong] in the neighborhood. Lots of prestige and something to show my out of town friends to gawk over. Lance has a contemporary palace here in West Austin with lots of great outdoor living spaces.” Lance’s digs on Architectural Digest.

Do you live near someone famous? Do you love it or hate it? What’s it like? Based on your experience, what do you advise buyers when moving in near a celebrity?

Lani is the Chief Operating Officer at The American Genius and sister news outlet, The Real Daily, and has been named in the Inman 100 Most Influential Real Estate Leaders several times, co-authored a book, co-founded BASHH and Austin Digital Jobs, and is a seasoned business writer and editorialist with a penchant for the irreverent.

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10 Comments

10 Comments

  1. Terrill Fischer

    December 30, 2009 at 3:02 am

    Good article on celebrity living styles in our neighborhoods.

  2. Matthew Rathbun

    December 30, 2009 at 7:43 am

    Reasons why not to live near President Obama

    1. We’d all have hope that he’d take care of his house, but we’d never really see it come to reality (The HOA would constantly be called)
    2. He’s constantly giving money to people to fix things that never get fixed (although I would imagine that at his house, money DOES grow on trees)
    3. There would be a lot of Czars appointed to the HOA, who had no experience running a subdivision (although that happens in all HOA’s, doesn’t it?)
    4. Kenya West is a jackass
    5. We’d probably have more free health clinics in the neighborhood, than we would have small business to create jobs, so that we wouldn’t need the health clinics.

    Four reasons why I wouldn’t want to live near Sarah….

    1. Incoherent Conversations with the Press
    2. You can see Russia from your home
    3. Gunfire at all hours of the day
    4. Whenever the trailer parks have Mom and Daughter knocked up around the same time, house prices fall 🙂

    and yeah…I am a Conservative 🙂

    Reasons not to live near Taylor Swift

    1. Block parties would end at 9pm, because that was her bedtime
    2. All the practicing at fake surprise and crying as the Country Music awards try to make her feel better for Kenya West’s outburst
    3. The bad singing the would come from the garage band practices

    Reasons not to live near Tiger Woods… well, that’s just too easy 🙂

  3. Blair - Homes for Sale in Utah

    December 30, 2009 at 10:55 am

    This is a very good article really. Well, I’ve heard there’s a website out there that features something like a map where celebrity homes are located. So if you wanted to live next door to your fave celebrity you will know where to buy a house near them. Im just not sure if living near a celebrity is an advantage or just a nuisance.

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Austin

Austin tops the list of best places to buy a home

When looking to buy a home, taking the long view is important before making such a huge investment – where are the best places to make that commitment?

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Looking at the bigger picture

(REALUOSO.COM) – Let us first express that although we are completely biased about Texas (we’re headquartered here, I personally grew up here), the data is not – Texas is the best. That’s a scientific fact. There’s a running joke in Austin that if there is a list of “best places to [anything],” we’re on it, and the joke causes eye rolls instead of humility (we’re sore winners and sore losers in this town).

That said, SelfStorage.com dug into the data and determined that the top 12 places to buy a home are currently Texas and North Carolina (and Portland, I guess you’re okay too or whatever).

They examined the nerdiest of numbers from the compound annual growth rate in inflation-adjusted GDP to cost premium, affordability, taxes, job growth, and housing availability.

“Buying a house is a big decision and a big commitment,” the company notes. “Although U.S. home prices have risen in the long term, the last decade has shown that path is sometimes full of twists, turns, dizzying heights and steep, abrupt falls. Today, home prices are stabilizing and increasing in most areas of the U.S.”

Click here to continue reading the list of the 12 best places to buy a home…

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Housing News

Average age of houses on the rise, so is it now better or worse to buy new?

With aging housing in America, are first-time buyers better off buying new or existing homes? The average age of a home is rising, as is the price of new housing, so a shift could be upon us.

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aging housing inventory

The average home age is higher than ever

(REALUOSO.COM) – In a survey from the Department of Housing and Urban Development American Housing Survey (AHS), the median age of homes in the United States was 35 years old. In Texas, homes are a bit younger with the median age between 19 – 29 years. The northeast has the oldest homes, with the median age between 50 – 61 years. In 1985, the median age of a home was only 23 years.

With more houses around 40 years old, the National Association of Realtors asserts that homeowners will have to undertake remodeling and renovation projects before selling unless the home is sold as-is, in which case the buyer will be responsible to update their new residence. Even homeowners who aren’t selling will need to consider remodeling for structural and aesthetic reasons.

Prices of new homes on the rise

Newer homes cost more than they used to. The price differential between new homes and older homes has increased from 10 percent traditionally to around 37 percent in 2014. This is due to rising construction costs, scarcity of lots, and a low inventory of new homes that doesn’t meet the demand.

Click here to continue reading this story…

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Housing News

Are Realtors the real loser in the fight between Zillow Group and Move, Inc.?

The last year has been one of dramatic and rapid change in the real estate tech sector, but Realtors are vulnerable, and we’re worried.

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zillow move

Why Realtors are vulnerable to these rapid changes

(REALUOSO.COM) – Corporate warfare demands headlines in every industry, but in the real estate tech sector, a storm has been brewing for years, which in the last year has come to a head. Zillow Group and Move, Inc. (which is owned by News Corp. and operates ListHub, Realtor.com, TopProducer, and other brands) have been competing for a decade now, and the race has appeared to be an aggressive yet polite boxing match. Last year, the gloves came off, and now, they’ve drawn swords and appear to want blood.

Note: We’ll let you decide which company plays which role in the image above.

So how then, does any of this make Realtors the victims of this sword fight? Let’s get everyone up to speed, and then we’ll discuss.

1. Zillow poaches top talent, Move/NAR sues

It all started last year when the gloves came off – Move’s Chief Strategy Officer (who was also Realtor.com’s President), Errol Samuelson jumped ship and joined Zillow on the same day he phoned in his resignation without notice. He left under questionable circumstances, which has led to a lengthy legal battle (wherein Move and NAR have sued Zillow and Samuelson over allegations of breach of contract, breach of fiduciary duty, and misappropriation of trade secrets), with the most recent motion being for contempt, which a judge granted to Move/NAR after the mysterious “Samuelson Memo” surfaced.

Salt was added to the wound when Move awarded Samuelson’s job to Move veteran, Curt Beardsley, who days after Samuelson left, also defected to Zillow. This too led to a lawsuit, with allegations including breach of contract, violation of corporations code, illegal dumping of stocks, and Move has sought restitution. These charges are extremely serious, but demanded slightly less attention than the ongoing lawsuit against Samuelson.

2. Two major media brands emerge

Last fall, the News Corp. acquisition of Move, Inc. was given the green light by the feds, and this month, Zillow finalized their acquisition of Trulia.

…Click here to continue reading this story…

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