Archive for June 29th, 2009

Prefab Homes a Hit at Dwell Design Show

Continue Reading Add comment June 29th, 2009

shipping.jpg

I stopped by Dwell on Design, a home design show sponsored by Dwell magazine at the Los Angeles Convention Center this weekend. This was the kind of event I expected to be really slow during the Great Recession. It cost $25 to get in and had a lot of cool, but pricey products on for sale, everything from $3,000 Ligne Roset arm chairs (and they are cool) to my bottle of Vitamin Water which cost $3.80 including tax (convention center pricing). There was actually a pretty decent-sized turnout.

The big hit seemed to the handful of prefab homes on display. Green Inc. is a Los Angeles company that makes dwellings out of converted shipping containers. That’s one of their homes above.

modernshed.jpg

Modern-Shed makes the most stylish sheds you’ve ever seen. Like the Green Inc. structures, Modern-Shed’s products start at around $10,000. The company wisely positions them not as a hipper replacement for the $1,000 aluminum shed you could buy at Sears but as a low-cost addition to your home. While my wife and I liked that idea, my mother-in-law and niece didn’t seem to too keen on sleeping in the shed.

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Also generating a lot of interest was a 400 square foot cottage made from reclaimed wood and other products. The cottage was very cool, kind of a cross between a shabby chic country house and the Unibomber’s cabin. It’s made by an Austin company called Reclaimed Space, which auctioned off that actual home on eBay. The winning bidder paid $75,000. I remember one of the staffers in the house saying that home typically sold for $60,000, although in this case half the proceeds went to Habitat for Humanity.

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Mel Gibson, 50 Cent, Tim Geithner, Richard Gere, and Christie Brinkley can’t sell their houses

Continue Reading Add comment June 29th, 2009

Tower Hill.jpg
As if celebrities didn’t have enough problems–like paparazzi and wrinkles–along comes the housing bust to tarnish their silvery existence. Chicago Tribune real estate columnist Mary Umberger rounded up a bunch of celebs who are having trouble selling expensive homes, including the above-mentioned Mel Gibson, 50 Cent, Tim Geithner, and Richard Gere. Christie Brinkley’s unsold home shows up in a story by Laura Mann of Newsday. That’s the tippy top of Christie’s house, known as Tower Hill, in the photo. It’s been on the market for $30 million ever since 2007. Don’t feel too bad for the uptown girl, though. According to Newsday, she bought Tower Hill in the late 1990s for less than $3 million.

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Best way to find a home loan

Continue Reading Add comment June 29th, 2009

When the easy money was flowing, you could get a great deal on a mortgage from just about anyone. But in today’s credit-challenged world, all the avenues for finding a mortgage come with their own set of problems. Read more »


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