Buy & Sell

U.S. new home sales fall to five-month low

Sales of new U.S. single-family homes fell more than expected and hit a five-month low in February, pointing to continued weakness in the housing market.

Lakers’ executive Jim Buss Sells Dana Point home for $3.7 million

Jim Buss, executive vice president of the LA Lakers and son of late Lakers owner Jerry Buss, has reportedly sold his home in Dana Point, Calif., for $3.7 million.

Erica Packer buys Bel Air mansion for $13.9 million

Erica Packer, the famous Australian model and singer and former wife of James Packer, the second richest Australian, has dropped $13.9 million on a huge Bel Air mansion, according to reports.