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From the category archives:
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 [...]
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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 [...]
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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
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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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We’ve read the doomsday news headlines about the housing crisis. The glory days of unimpeded growth in hot spots like Las Vegas, Orlando and Phoenix seem to be a distant memory. But wait, check out Idaho and its booming economy. Full article
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For decades, hotels seemed as intrinsic to the landscape of the island of Martha’s Vineyard as its wide beaches and finger-shaped lagoons. Ditto for Nantucket, 10 miles farther out to sea to the southeast, where bed-and-breakfast places and stately inns crowded the wide cobblestone streets. Full article
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As the housing market lies in a flat-line state, shrewed investors are swooping in to grab bargains. Who knows when the real-estate bottom will hit, in fact maybe it already has. But when the rebound happens, today’s buyers will be looking very wise and very rich. Full article
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Today’s extremely rich and famous need lavish homes to entertain and store their toys (i.e. yachts, expensive cars…). But owners of the world’s biggest mansions have the same problems to deal with, when to buy and when to sell. Full article
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There doesn’t seem to be any end in sight for the slumping housing market. August existing home sales fell for the sixth straight month, to their lowest level in five years. The inventory glut has reached all-time high of 4.58 million homes. Full article
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Being the CEO of one of the nation’s largest real estate firms didn’t stop Tom Kunz from becoming one of those homeowners who’s been hurt by the downturn in the housing market.
But not surprisingly, given his position as CEO of Century 21, Kunz thinks the investment he made in his former home in Tuscan Ranch, [...]
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