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Rob Lowe and Sheryl Berkoff Selling Montecito Home for $42 Million

Rob Lowe of ‘The Outsiders’ fame and his wife Sheryl Berkoff are soon going to sell their home in Montecito, California, for $42 million, according to some real estate reports.

U.S. New Home Sales Post Modest Drop in November but Mapping Steady Growth

In a latest report released by the National Association of Home Builders (NAHB), it was revealed that the sales of newly-built single family homes fell slightly in November. However, experts say that the pace of sales is steady and is a reflection of a strengthening market and economy.

Billionaire Paul Allen Sells Allan Island for $8 Million

Paul Allen, co-founder of Microsoft and owner of NFL team ‘Seattle Seahawks’ has reportedly sold Allan Island, a private isle located southwest of Washington, for $8 million, according to several news reports.