This hacienda-style ranch house is part of a sprawling development in Okeechobee, Fla., that offers quail hunting and amenities such as a 600-foot zip line across a lake.

Sales of previously occupied U.S. homes rose last month to the highest level in more than 1½ years, while the inventory of unsold homes contracted to a level economists consider healthy, positive signs for housing.

The actor puts the house in Los Feliz hills on the market at $3.65 million. Reynolds and Johansson were divorced last year.Actor Ryan Reynolds has listed for sale the Los Feliz hills house he bought with his then-wife, actress Scarlett Johansson, in 2010.

The Michael Gantert Residence, one of the last properties designed by Case Study architect Pierre Koenig, takes full advantage of its dramatic viewpoint.Set on a ridge in the Hollywood Hills, the Michael Gantert Residence takes full advantage of its dramatic viewpoint. The cantilevered steel-and-glass house, built in the early '80s, was one of the last designed by Case Study architect Pierre Koenig.

Borrowing a page from the Ford Mustang ad campaignread more

NAR: large-scale REO-to-rental program not neededread more