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Reality star Nicole Richie wins in California real estate

Lists home for 83% higher than purchase price

Nicole Richie may be a top reality TV star, along with her singer husband Joel Madden, but she is also quite successful in real estate. According to a Zillow (Z) article, the couple, who paid $1.912 million in 2009 for a home in the Laurel Canyon enclave of Los Angeles, is asking $3.495 million for the home today, which would be an 83% profit if sold.

Built in 1914, the home looks more like mid-century modern meets California bohemian. Soaring ceilings plus lots of windows and skylights bring light to the 5-bedroom, 5-bath home, which also features courtyard-style open spaces and dark, exposed beams. An attached guesthouse offers access to a backyard with eating and play areas alongside a lagoon-style pool, spa and waterfall.

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loanDepot’s Frank Martell on building lifelong consumer relationships through technology 

In this week’s episode of the Power House podcast, HousingWire President Diego Sanchez sits down for a tantalizing conversation with Frank Martell, the president and CEO of loanDepot, to discuss the company’s profitability in the third quarter of 2024 and its Project North Star growth plan for 2025.

3d rendering of a row of luxury townhouses along a street

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