Housing reports released during the month of March have brought strong indications that the real estate market has begun its recovery. According to the National Association of Realtors, existing homes sales increased 5.1 percent in February 2009—which is the biggest percentage increase of existing homes sale in five years. Chief economist at the National Association [...]
For Darren K. Proulx, it all started with a newspaper ad. The 19-year-old was enticed by an offer to buy land in California: a low down payment and only $100 per month. Proulx answered the ad and started making payments on his very own piece of land. The only problem: his parcel was two and [...]
Losing oneself in a secluded, peaceful rainforest on the island of Costa Rica never sounded so luxurious. Tranquilo, a luxury quarter-ownership development in the gated enclave of Punta Leona along the central coast of Costa Rica, spans 15 acres of jungle, beaches and natural surroundings. Punta Leona lives up to any resident’s expectations with three [...]
ASID and Hospitality Design Magazine Contest Extended to March 15, 2009 The American Society of Interior Designers (ASID) and Hospitality Design magazine invite interior designers, architects and manufacturers to enter the second annual Earth-Minded Awards (EMAs). Created by ASID and Hospitality Design to recognize exceptional sustainable design, this year’s EMAs include a new category for [...]
From sleek yachts, to private jets, to customized sports cars, high-end collectibles never cease to amaze. Perhaps it’s time to add one more to the list of high-tech luxury toys. With more than 10 years in the business of constructing underwater craft, Hawkes Ocean Technologies has built vehicles for researchers and moviemakers. It only seems [...]
Buyer incentives such as memberships, furnishings and custom accents are a luxury of the past; today, motivated sellers are offering material items and unheard of discounts. Snag a 2009 Bentley Continental GT (MSRP: $179,200-$203,600) with the purchase of one of two listings marketed by George Hajjar of The Hajjar Group with Realty Executives. The listings [...]
Miami, FL—Miami sales of single-family homes rose 47 percent in January 2009 compared to January 2008. The sales of condominiums increased by 27 percent compared to January 2008. The number of sales in Miami has increased significantly in each of the last six months, a trend that points to the beginning of the real estate [...]
In an effort to bolster sales in its New York City condominiums, Toll Brothers is offering a safety net during uncertain mortgage times. If a buyer loses his or her job, The Horsham, Pa.-based developer is offering to make mortgage payments for up to a year at all three of its New York City luxury [...]
