PRC or DC?

May 29, 2007

Private Residence Clubs and Destination Clubs still have a way to go in marketing their products to the wealthy, according to the latest Affluent Market Tracking Study just released by the American Affluence Research Center. The AARC reports that less than half of the target market for private residence and destination clubs said they are [...]

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What Slowdown?

May 29, 2007

The Pacific Northwest, Texas and North Carolina account for some of the areas bucking the national trend by not experiencing a slowdown in residential real estate, according to this article published earlier this month by The Wall Street Journal: http://www.realestatejournal.com.

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Judging A Home By Its Photo

May 29, 2007

At Unique Homes, we’re acutely aware of how important it is for agents to have great photos of the properties they are trying to sell. Here’s an extremely informative article from the LA Times about how to get that perfect picture: http://www.latimes.com/technology/la-re-photo27may27,1,3900007.story

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TIC Craze hits Southern California

May 27, 2007

Tenancies-in-common or TIC’s, are the newest and most exciting thing to hit the real estate market in some time as this form of co-ownership allows several people to buy and occupy multi-unit structures.
The TIC market has exploded in San Francisco which has allowed major lenders to provide partially assumable and rollover financing for purchasers of [...]

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Sales rise, prices fall

May 27, 2007

According to USA TODAY, sales of new homes rose 16.2% in April while prices fell a record 11%.
New single-family housing unit sales increased to annual rate of 981,000 from a revised forecast of 844,000 in March according to the US Commerce Department.
The jump in sales was the largest since April of 1993.
While sales increased, the [...]

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USA Today reports Hamptons sale

May 24, 2007

The USA Today quoted Rick Goodwin, our publisher, in its article about the $103 million sale, which appears on the front page of the newspaper.http://www.usatoday.com

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$103 million purchase reported

May 23, 2007

Reports today indicate that billionaire investor Ron Baron has purchased a 40-acre East Hampton parcel adjacent to his current estate for $103 million. Baron is the founder of Baron Capital Management. The New York Post reported that Adelaide de Menil Carpenter, an heiress of the Schlumberger oil fortune, sold the oceanfront parcel to Baron. [...]

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Highest median home prices in California

May 20, 2007

According to the California Association of Realtors, the Santa Clara community of Los Altos has the highest median home price in the state at $1,660,000.
With a median household income of $126,740 and the median family income at $148,201, Los Altos is one of the most exclusive communities to reside in all of the United States.
This [...]

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Going Green on the Westside of LA!

May 18, 2007

Environmental Responsibility is the objective of one of the Westside’s premiere trio of real estate professionals.
Charles Pence, John Hathorn and Loraine Silver (Pence, Hathorn & Silver) of Coldwell Banker PREVIEWS International are coloborating with residential developers on building and selling “eco-friendly” homes to the upper-tier consumer.
Buying “green” in the high-end is now more prevalent that [...]

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New Relocation Website

May 18, 2007

Real Living Relocation Management, a 20-year player in the relocation market announced the development of a new web source, www.RealLivingRelocation.com
The new website packages all of Real Living’s offerings in a concise, easy-to-use way.
Real Living is a family owned company based in Columbus, Ohio and is one of the fastest growing real estate firms.
With 70 company [...]

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