Weekly Real Estate Roundup – 09/01/12

From how long it takes to save for a down payment in Miami to a Seinfeld-like story in New York City, here are a few real estate headlines that caught our eye this week:

Start Saving Those Pennies









With an average weekly wage of $893, the Huffington Post reports that it will take the average Miamian 13.1 years to save for a down payment.

Whiskey A Go Go









AOL Real Estate had an arousing report out of Louisville, KY, where television news station WHAS 11 found out about an abandoned building that once housed a sado-masochistic swingers club. The swingers are gone but the whips and chains remain the same.


Miley Cyrus A Real Homie

Miley Cyrus and her fiance Liam Hemsworth. SOURCE: KYPost.com










KYPost.com told a homespun tale about how Miley Cyrus and her fiance Liam Hemsworth are shacking up in her parents’ old house. When Dad (Billy Ray) and Mom (Tish) bought a house two doors down, Miley moved into the family abode.


Right Out of Seinfeld

Hot dog cart outside Beresford. SOURCE: The Real Deal







The Real Deal has a script … we mean story … about how the well-heeled residents of the Beresford building in Manhattan’s Upper West Side are trying to kick a hot dog vendor off the sidewalk in front of their fancy building. Tenants of the no-baloney building include Jerry Seinfeld, John McEnroe and Diana Ross.


Bank-Rolling Neighborhood Improvement

SOURCE: LosAltos.Gov








The Wall Street Journal┬áreported on how Google co-founder Sergey Brin is helping to fund development in Los Altos Hills, which has no downtown except for the one it shares with Los Altos. It’s not moving mountains, but it is shifting shopping opportunities in the Google-ite’s nabe.