Justin Bieber is ready to buy a house.

The 16-year-old Canadian singing sensation lives with his mother Patti and grandparents when he isn’t working but is now ready to find a home of his own in Los Angeles.

“Justin is looking for a house,” his rep said. “But nothing has been purchased as of right now.”

Though the Baby hitmaker — who is worth an estimated $100 million — hasn’t made a bid for anything yet, he is said to have his eye on a $1.7 million apartment in Westwood, Los Angeles.

The upmarket property boasts four bedrooms and three bathrooms and is 2,400 sq ft.

The building housing the apartment boasts a ‘party’ room, as well as an indoor heated swimming pool and spa.

Meanwhile, Justin — who is rumored to be dating Selena Gomez — has thanked fans after he was nominated for two accolades at the forthcoming Nickelodeon Kids’ Choice Awards.

“My life was changed by fans and by kids like me clicking on my videos and letting me chase a dream. Once again those same kids are there and I am forever grateful,” said the singer, who is in the running for Favorite Male Singer and Favorite Song for Baby.

“I’m excited and honored to be nominated for two Kids’ Choice Awards. I hope this encourages other kids to chase their dreams as well,”

Voting for the awards opens on March 7, with the winners revealed on April 2.

(Source)

TMZ have also reported on this subject saying -

"Sources connected with Justin tell TMZ ... Justin's mom and grandmother have been looking for a condo or home in the L.A. area, which they want to close before Justin's 17th birthday on March 1.

We're told the top contender so far -- a $1.7 million condo near the Westwood area of L.A.

Justin's grandma thinks the condo is perfect, but they're still looking.

The condo is 2,400 square feet with 3 bedrooms and 4 bathrooms.

The owner is a model. Watch out ... Justin's a lady killer!"