Word: bedrooms
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
When he visits the West Los Angeles neighborhood where he grew up, Charles Levan feels sadness and disdain. One by one, the charming two- and three-bedroom houses that decorated the streets of his childhood are being bulldozed and replaced with bloated mansions on tiny lots. "Half the houses on our block have been leveled," says Levan, 34. "The thought of that happening to my house tugs at my heartstrings...
Brentwood Flats is a microcosm. In one case, a buyer paid $745,000 for a humble 70-year-old, three-bedroom house in 2003. It was promptly ripped down, and 18 months later the two-story, five-bedroom Italian villa erected in its place sold for $2.7 million. Around the corner, one lot has changed hands three times in four years. Its original two-bedroom Southern Colonial went for $567,000 in 2000; the four-bedroom traditional that replaced it brought more than $2 million last August...
Some who live in future teardowns are caught in a financial catch-22. Real estate agents all but guarantee Corey Glave a six-figure profit if he sells his two-bedroom Hermosa Beach bungalow outside L.A. But where would he and his family go? Soaring prices across the region have put anything suitable out of reach. "To get the same yard and ocean view that I have now would cost way over $1 million," he says...
...blistering real estate market, where dreams of big bucks come wrapped in aluminum siding, and you can get a three-bedroom ranch house with your hair extensions and a mortgage with your Grilled Stuft Burrito. The stock market may be dragging, but home prices are soaring, fueling a national obsession with real estate. Your house is now your piggy bank, ATM and 401(k). House gawking is a hobby; remodeling, both entertainment and an investment. Folks brag about having bought their home in the '90s the way they used to brag about having bought Microsoft in the '80s. Even...
...knit character. But at least Kovarek owns her home. Writer Michael Glynn, 49, his wife and two kids rent an 850-sq.-ft. apartment in Santa Monica, Calif. There is barely enough space to shoehorn a tree in at Christmas, and Glynn's office doubles as his daughter's bedroom. Glynn and his wife considered buying a house when they married in 1994, but, he says, "I thought houses were overvalued." Now they can't afford their neighborhood, even though their income has grown considerably. So he and his wife are looking--in Oregon and Washington. "I kick myself when...