An entertaining article by Ben Casselman and Christina S.N. Lewis in The Wall Street Journal handicaps the race to beat the U.S. residential sales record of $103 million. The writers give the Aspen home of Saudi Prince Bandar bin Sultan, the $135 million Hala Ranch, a 60 percent change of fetching a record-breaking price. The [...]
ellers Doing Their Own Inspections
Here’s an interesting story from the LA Times about what appears to be a new trend in real estate: sellers are actually commissioning inspections of their own homes. Armed with their own inspection report, sellers can make repairs before putting a home on the market or adjust the price and be [...]
With sales slumping, new-home builders are offering incentives the likes of which have never been seen before. Cash discounts of 20 percent? Fifty percent off upgrades? The first four months of your mortgage paid? The Wall Street Journal helps prospective homebuyers find deals with its guide:
http://www.realestatejournal.com/buysell/tactics/20070810-opdyke.html?refresh=on
After years on the market, one of the most prominent estates in the nation will be auctioned this year. Bidding will begin on the 112-acre Robert Taylor Ranch at 10 a.m. Nov. 17. At the foot of the Santa Monica Mountains in Brentwood, Calif., the home belonged to screen and TV actor Robert Taylor. Since [...]
Christina Lodar, our international advertising manager, recently attended the Congress for FIABCI, The International Real Estate Federation, in Barcelona. She met Elizabeth Belenchia, of South Carolina’s Carroll Properties Corporation, who passed along this list of FIABCI’s environmental principles. Everyone should note the everyday things that can be done to conserve water and energy and prevent [...]
Sunset Magazine’s Idea House in Lake Tahoe, California, is slated to open this month. The concept of doing “idea homes” is starting to take off, as developers, magazines, and the companies that make the products going into these homes all benefit from the publicity. Plus, they usually come up with some clever innovations for the [...]
An interesting article in the LA Times yesterday reiterated something Unique Homes reported one year ago: women are more important than men when to comes to home-buying. Not only do single women far outpace single men in home purchases, in couples, the woman is usually the “decider,” with a vision of “home” that is deeper [...]
A Florida developer is holding an Internet forum in an ingenious way to develop interest and support for a new project in Panama City, Fla.
As Panama City expands, a new urbanist development called Huckelberry Creek is in the works. The Epoch Corporation says it wants to develop the site while remaining sensitive to the environment. [...]
Coldwell Banker Real Estate LLC announced a major franchise expansion this week as it reached an agreement that will enable it to establish franchising rights in 23 countries in Central and Eastern Europe, including Russia. Jim Gillespie, president and chief executive officer of Coldwell Banker Real Estate said that international growth is one of the [...]
Lauren Baier Kim, senior editor at RealEstateJournal.com is authoring a series of articles called The Smart Surfer, featuring reviews of real-estate Web sites and online tools for home buyers, seller and invertors. The latest piece looks at Terabitz.com and its ability to relay neighborhood statistics. The site has its shortcomings, as outlined in the article. [...]
