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Report: Google Chairman Eric Schmidt Has Hired Prince William's Friend To Shop For A London Mansion

Screenshot Google Chairman Eric Schmidt is on the hunt for a new home in London and he's tapped one of Prince William's old school chums to help him, reports Ed Hammond from the UK business publication Financial Times.

http://read.bi/1aaxdAi

Time To Debunk The Myths Behind Buying Houses At Auction

docoverachiever via Compfight cc With the U.S. housing market continuing down the road to recovery, inventory remains tight as home sellers are waiting it out, hoping to regain some of their home equity lost during the downturn. One buying and selling option often overlooked by consumers is property auctions.

http://read.bi/151d1Ke

New York City Is Running Out Of Penthouses

You wouldn't know it from looking at all of the glass towers going up across Manhattan, but the city is running out of penthouses and other ultra-luxury apartments. Sales of multi-million-dollar properties in New York City fell dramatically in the second quarter, due in large part to lower inventory, according to real-estate firm Brown Harris Stevens.

http://read.bi/17GnLjR

Michael Jordan Just Knocked $8 Million Off The Asking Price Of His Mansion In Chicago

Realtor.com Michael Jordan put his Chicago mansion on the market in February 2012 for $29 million and hasn't been able to get it off his hands. Jordan must really want to sell the place, because according to Realtor.com, he just dropped that asking price to $21 million.

http://read.bi/17FfUTM

What Home Buyers Don't Know Could Cost Them

With the housing recovery now well underway - housing starts are up; builder confidence is at a 7-year high; there are fewer foreclosures; and home prices continue to rise - you may be inspired to get off the fence and buy that dream home. But are you really prepared?

http://read.bi/14N6Nxv

The Housing Supply Is Looking Greener

Green building is moving into the mainstream. About one in five homes - or 20 percent - built last year were "green," according to a study by McGraw Hill Construction. What's more, researchers predict green homes to make up 29 percent and 38 percent of new homes by 2016.

http://bit.ly/19MZ8WT