Today's Hot Real Estate News

TopTenRealEstateDeals.com is a different kind of real estate website that focuses on both home news and entertainment. They cover home and condo sales data and trends, but also celebrity homes, beach homes, ski homes, golf homes, spectacular homes and a weekly Top 10 Hot Homes list. Their features have been covered by Time, CNBC, USA Today and many other major media.

Pompano Beach, FL, September 23, 2012 --(PR.com)-- This weeks hot home news include the Woolworth Mansion, Detroit Deals and Lenny Kravitz.

Would you like to live in a historic New York City mansion – the most expensive single-family home in the city? This week's Top 10 homes spotlight at TopTenRealEstateDeals.com includes a look at the Woolworth Mansion that is currently for sale at $90 million. Frank Winfield Woolworth became a retail giant in the late 1800s by pioneering the five and dime store concept. He responded to his new wealth in the same manner as others in his generation - by building unforgettable mansions. The 35-foot-wide limestone mansion has 18,000 square feet in seven stories, 10 bedrooms and 11 bathrooms. Other features include a paneled library, a dining room that can seat 50 people, a suite of offices and a gym. It is one of three mansions he built for his three daughters. If $90 million is a bit steep, the mansion is also available for rent at $150,000 per month.

In other home news:

Ellen has done it again. She recently flipped the Malibu beach house she bought from Brad Pitt after owning it for less than a year. While everyone else has been discounting, Ellen has been making big profits in real estate. This time it was a quiet sale to former makeup artist turned cosmetics entrepreneur, Victoria Jackson. Ellen bought the home from Brad for $12 million and sold it to Victoria for $13 million. With the recent sale of her Hollywood compound to Ryan Seacrest, Ellen has made many millions in real estate profits.

Seems like pop stars, TV stars and most celebrities looking for new investments are getting smart and diversifying into other fields. Grammy award winner, Lenny Kravitz, singer, songwriter, record producer and actor, opened a New York design firm in 2003, and now has his name on one of Miami’s newest condominium buildings, Paramount Bay.

The city with the best real estate deals - head to Detroit. The city is full of amazing deals in good neighborhoods. How about a gorgeous, updated 9,300 square foot mansion in the exclusive neighborhood of Indian Village? It comes with a crystal chandelier given as a gift to the original owner by Edsel Ford that hangs over the grand staircase in this elegant 1909 French Regency mansion. Asking price is $550,000.

Real estate is never boring at TopTenRealEstateDeals. Check out today's most entertaining and unusual real estate news stories of the week. News such as the Michigan family who became temporarily famous after they bought Madonna's childhood home, the end of Florida's condo bargains, and America's best and worst housing markets.

TopTenRealEstateDeals.com also features Top 10 Condo Developer Deals, Top 10 upcoming home and condo auctions, and regional real estate agents' choices for the best deals in their areas.

TopTenRealEstateDeals.com features are available to media outlets for publication.
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