Risky Business

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Department PHOENIX, ARIZONA LOS ANGELES, CALIFORNIA RIVERSIDE, CALIFORNIA ATLANTA, GEORGIA NEW YORK, NEW YORK Median List Price: $159,100 Metro HPI: 20.8% State HPI: 18.6% Median List Price: $350,100 Metro HPI: 14.5% State HPI: 15.3% Median List Price: $209,300 Metro HPI: 13.2% State HPI: 15.3% Median List Price: $106,900 Metro HPI: 12.4% State HPI: 10.0% Median List Price: $375,900 Metro HPI: 9.7% State HPI: 10.1% It's a Fact…compared to the same period one year ago, median home sales prices increased 49.1 percent. It's a Fact…the seasonally adjusted unemployment rate in Los Angeles County declined to 10.3 percent, from 11.4 percent a year earlier. It's a Fact…the number of listings has decreased 40.41 percent since last year. It's a Fact…the average days on market of a home is 56, down 13.84 percent from last year. It's a Fact…median list prices are down 3.31 percent from where they sat last year. Hot Home: This Riverside property has many beautiful features on the interior, but it's the "certified organic" citrus estate that accompanies the purchase that makes this property stand out. The fully operational farm also includes a grape vineyard for wine production, as well as three hothouses and a strawberry field. Indoors, the master suite features a Jacuzzi bath, fireplace, and private backyard entrance. The backyard features a pool and spa, an outdoor living area with an outdoor oven, and tennis court. Hot Home: A Southern estate made famous by the film Driving Miss Daisy is on the market in Atlanta for $1.995 million. Built in 1922, the house has six bedrooms and six baths, including a guesthouse. The house has been updated since the film's 1989 premiere, with amenities such as marble countertops and stainless steel appliances in the kitchen. However, some of the original features remain the same, such as an arched overhang on the front door and the interior's wooden staircase. Hot Home: Bon Jovi has listed his 7,452-square-foot Soho penthouse for $42 million. The main floor features 11-foot ceilings with a large great room, dining area, chef's kitchen, master bedroom suite complete with dressing room, four bedrooms with accompanying baths, a powder room, and laundry room. Upstairs houses a formal living room and second chef's kitchen. A fully equipped screening and projection room features state-of-the art audio/ visual equipment. Three landscaped terraces offer beautiful city views. HOUSTON, TEXAS DALLAS, TEXAS PHILADELPHIA, PENNSYLVANIA CHICAGO, ILLINOIS Median List Price: $353,000 Metro HPI: 8.0% State HPI: 9.1% Median List Price: $167,800 Metro HPI: 7.5% State HPI: 6.7% Median List Price: $157,200 Metro HPI: 7.3% State HPI: 6.7% Median List Price: $209,800 Metro HPI: 3.2% State HPI: 2.9% Median List Price: $167,400 Metro HPI: 0.3% State HPI: -1.0% It's a Fact…the average days on market of a home is 58, down 25.64 percent from last year. It's a Fact…the unemployment rate in Houston declined to 6.3 percent, from 7.2 percent a year earlier. It's a Fact…list prices have risen by 8.64 percent since last year. It's a Fact…home list prices have decreased by 2.13 percent since last year. It's a Fact…the average days on market of a home is 79, down 31.89 percent from last year. Hot Home: A luxury high-rise condo designed by famed architect I.M. Pei is new to the Washington, D.C., market. The open-concept corner unit features views of the Key Bridge and Potomac River. All residents of the building have access to a fitness center, rooftop lounge, and other amenities, but pay around $900 in HOA dues. The condo has two bedrooms and three baths, with floorto-ceiling windows, a private terrace, and an open kitchen with an oversized refrigerator and granite countertops. Hot Home: Houston Texans star linebacker Brian Cushing is selling his house near Houston for $1.3 million. The waterfront estate features five bedrooms and six baths, with a game parlor and media room with wet bar. A balcony on the second floor looks out over the Texas landscape. The outdoor living space has a covered balcony overlooking the pool and lake. The property is equipped with a security system with surveillance cameras. Hot Home: The house of Dallas businessman Tom Hicks is on the market for $135 million. The property sits on 25.25 acres, which includes a helicopter landing space and varied topography—including ponds, lakes, and rolling hills. The 28,996-square-foot main home was designed by famed architect Maurice Fatio for Italian Count Pio Crespi. The property features 14-foot ceilings and an amassment of bedrooms, bathrooms, and living spaces. Prior to Hicks, the home hosted a reception for President Ronald Regan during his presidential campaign. Hot Home: An expansive 17-acre estate in Greater Philadelphia awaits a new owner to appreciate the property's historic past. The house was created for Col. Robert Montgomery, and the grounds hold some interesting historical elements, such as a beautifully preserved clock tower. Twin two-story guesthouses share the acreage, along with a two-story barn. Along with the home's authentic details, it features modern amenities, such as an outdoor living area and pool. It features four bedrooms and six baths with an asking price of $25 million. Hot Home: With carved stone, imported beams, European tiles in every room, imported beams, and custom ironwork, this home near Phoenix is a one-of-a-kind abode. The main house features eight bedrooms, 10 bathrooms, game parlor, massage room, wine cellar, exercise room, craft room, and two elevators. A guesthouse sits on the property, as well as caretakers and maids' quarters, a temperature-regulated barn, and a luxury resort-style pool. The exquisite property is on the market for $13.75 million. Hot Home: A modern minimalism makes up the exterior of hip-hop star Kanye West's Los Angeles home, on the market for $3.3 million. The dwelling features unobstructed panoramic views of the skyline, stretching from downtown Los Angeles to Santa Monica, in every room. French walnut floors and Minotti chandeliers grace the interior, which houses four bedrooms, four baths, maids' quarters, a home theater, and a media room. WASHINGTON, D.C. Hot Home: A home by worldfamous architect Frank Lloyd Wright is on the market in the Hyde Park neighborhood of Chicago, listed at $2.5 million. Built in 1897, the home has been designated a National Historic Landmark as an example of one of the most important examples of the emerging Prairie-style home. The property features stained glass windows, seven bedrooms, four fireplaces, and elevator service on all floors. The inclusive third floor can serve as a separate five-room apartment. The M Report | 13

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