Sunday, March 25, 2007

Real Estate News for Sunday, March 25th, 2007



Former Lakers head coach Rudy Tomjanovich, now a scout for the team, and his wife, Sophie, have decided to scale down, and they have listed their Pacific Palisades home at $7.5 million. The three-story, 6,600-square-foot house has three bedrooms, 4 1/2 bathrooms, high ceilings and views of the ocean, city and mountains. There are floor-to-ceiling walls of glass and an elevator, media room, wine cellar and infinity pool. Tomjanovich, also the Houston Rockets former head coach, coached the U.S. men's basketball team to the 2000 Olympic gold medal and was appointed director of scouting for Team USA. Coldwell Banker, Pacific Palisades, have the listing. Click here to read more.



Baby boomers and Gen-Xers nationwide are getting dirt under their fingernails. "Lifestyle" farms now make up about half of the 2.1 million U.S. farms, according to the U.S. Department of Agriculture, and they are increasing by about 2% a year. Hobby farmers — loosely defined as those whose incomes are derived not solely from farming — often bring little or no hands-on experience to their new avocation. Their business acumen and marketing skills from previous jobs, however, can turn their pastimes into gainful enterprises. The rural areas of San Bernardino County aren't for everyone, but such distance from suburbia is typical of the burgeoning "new ruralism" trend, said Calvin Beale, senior demographer in economic research at the U.S. Department of Agriculture. Hobby farmers want their acreage to be far enough away to feel like they're living in the country but still be fairly close to mid- and large-sized metropolitan areas of 50,000 people or more — in this case, Victorville, Rancho Cucamonga or even the San Gabriel Valley. "The trend will keep growing because the U.S. population keeps growing," Beale said. "We can't add 2 million people a year to the cities." Click here to read more.

~Tina Jan~
Coldwell Banker Kivett-Teeters
1655 E. Sixth St.
Beaumont, CA 92223
Work: 951-845-5520 Ext. 105
Fax: 951-845-4916
Cell: 909-446-2666
Toll-Free: 1-877-TINAJAN
tina.jan@coldwellbanker.com
www.tinajan.com

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