Fractional Vacation Ownership
Posted on August 20, 2008 - Filed Under Real Estate, Travel | Leave a Comment
People tend to purchase fractional properties in places they frequent for vacations.
A fractional property is an alternative to a second home. Luxury fractional ownership properties appeal to those looking for amenities found in homes valued in excess of $3 million.
Globetrotting interior designer Carl Ross knows what rich people want — more of everything luxurious, and […]
Kurt Rappaport, A Very Wealthy Realtor
Posted on March 21, 2008 - Filed Under Money & Power, Real Estate | Leave a Comment
Realtor Kurt Rappaport is very well known in the Los Angeles area. Not only does he earn a huge income by being a co-owner of the swankiest and most exclusive boutique brokerages in the L.A., but Kurt also makes millions of dollars by personally listing and selling the luxurious homes of the very rich and […]
Read More..>>New York City Luxury Tower
Posted on February 21, 2008 - Filed Under Real Estate | Leave a Comment
The developer rebuilding New York’s World Trade Center unveiled plans on Tuesday for an 80-story hotel a block away, saying he was unbowed by fears of a recession or a softening of New York’s real estate market.
The new 912-foot (278-metre) tower, due to begin construction in June and be completed in 2011, will combine a […]
Demand Strong for Luxury Homes in China
Posted on February 19, 2008 - Filed Under Real Estate | 2 Comments
They want big houses — several of them — with ornate exteriors, situated on golf courses, designed by golf professionals. Sound like a typical wealthy American home buyer?
Nope. It’s their affluent counterparts in China, who are plowing their rapidly accumulating wealth into Western-style mansions. “We assumed they would want houses with an Eastern influence,” says […]
Luxury Still the “Sweet Spot” in Real Estate
Posted on January 30, 2008 - Filed Under Real Estate | Leave a Comment
Despite a steep downturn in the U.S. housing market, the luxury home market remains strong in throughout the U.S. A record breaking $175 million real estate sale in Colorado breaks a new national record for the highest value home ever sold. While the overall U. S. housing market has taken a downturn, wealthy home buyers […]
Home Makeovers - Luxe for Less
Posted on January 12, 2008 - Filed Under Real Estate | Leave a Comment
The real estate market is in shambles, with foreclosures increasing by the day. But that doesn’t mean the entire housing market is left for dead. During the first quarter of 2008, Americans are expected to spend about $170 billion on home improvement. It’s a huge number, but is down 2.5% from Q4 of ‘07.
If you […]
Park City, Utah - Housing Boom in the Snow
Posted on December 5, 2007 - Filed Under Real Estate | Leave a Comment
Park City, Utah started its humble beginnings as a small silver mining town in the Wasatch Mountains. No more. This winter mecca is now a hot ski destination, but also an appealing place for second home buyers. Real estate is booming and baby boomers are quickly snatching up homes in the $2.5 million-plus range.
In the […]
Highest Priced Mega-Mansion: William Hearst
Posted on November 1, 2007 - Filed Under Real Estate | Leave a Comment
The latest addition to the over $100 million property club, was once owned by William Randolph Hearst, the newspaper mogul . This $165 million estate is located in Beverly Hills. It was built in the 1920s, and featured in the film “The Godfather”. This mansion has 29-bedrooms and three swimming pools, plus a movie theater.
Why do these mega-mansions continue to skyrocket […]
Luxury Homes in Lake Tahoe
Posted on October 29, 2007 - Filed Under Real Estate | Leave a Comment
When you walk through one of the fabulous Lake Tahoe custom homes, you are in awe of the magnificant lake views and beauty of the the surrounding Sierra Nevada mountians. Like the rest of country’s real estate market, Tahoe’s has softened as well. But not in the above $5 million range, titled the “ultra-high end”. Full article
Read More..>>Living in Beverly Hills … Cha-Ching
Posted on October 20, 2007 - Filed Under Real Estate | Leave a Comment
It’s a distinction that’s wonderful for current home owners. But if you’re thinking about buying a home in Beverly Hills, be prepared for the ultimate sticker shock. The city has once again been rated as the most expensive real estate market, according to Coldwell Banker’s recent annual survey. Full article
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