August 31, 2010
Thinking of renting a luxury home in Italy? It’s about to get a little bit easier (and cheaper), as the Italian government is considering passing a law that will fix tax rates at 20% of rental income, compared to the current 40% of rental income. This new rate will give homeowners a push to put their [...]
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Blog by Kaitlin
August 30, 2010
The Home Outside Your Home. We continue our yearlong “Ultimate” series this issue with the Ultimate Landscape, Gardens and Grounds contest. Realtors were invited to submit luxury listings with amazing outdoor designs and spaces. We sorted throughterrific entries from coast to coast, and we narrowed the field to about two-dozen finalists. Our editors were tasked [...]
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Blog by Mark
August 27, 2010
Our Fall 2010 issue is here. It’s our annual tribute to the resort and vacation-home markets. This edition features properties from more than two dozen states, along with insightful editorial content, including the next installment in our year-long Road to Recovery series, which keenly addresses how luxury consumers are adjusting to a new norm. We [...]
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Blog by Mark
August 27, 2010
The Setai South Beach penthouse is giving other luxury Miami condos a run for their money. Recently, real estate agent Diana Garchitorena sold the 6,028-square-foot Setai penthouse for $15 million — a record for luxury condo sales in South Beach. Set on the 40th floor, The Villa B penthouse has 4 bedrooms, 6 bathrooms, 4,000 [...]
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Blog by Kaitlin
August 26, 2010
By Mark Moffa Managing Editor My house is going to spontaneously combust. Really. I know it’s true because I saw it on the Internet today. I did. I went to log in to my email and on my Internet provider’s site I saw this headline: “15 Signs The U.S. Housing Market Is Headed For Complete [...]
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Blog by Mark
August 26, 2010
Worldwide air charter agency Stratos Jet Charters, Inc., recently has expanded its charter service for flights from New York to London. The company has invited Stratos Jets to join its prestigious Stratos Jets’ Approved Vendor program and is now in the position to provide one-way and point-to-point charter flights between the two cities on two Gulfstream [...]
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Blog by Kaitlin
August 25, 2010
This week’s Top of the Tweets By Camilla McLaughlin Real estate conversations were dominated by responses to the post-tax-credit drop in home sales. While many Tweets showed surprise, those of us who watch the industry expected an adjustment, although the decrease—26 percent from a year earlier and 27 percent from June—was more than most anticipated. [...]
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Blog by Mark
August 25, 2010
Tidhar Group and Adi’s Marina have announced their plans to develop a 12-story luxury condominium complex in Herzliya, Israel, located north of Tel Aviv on the Mediterranean Sea. Estimated at almost $160 million USD, the project will feature a Ritz-Carlton hotel, with the top six floors devoted to 80 luxury vacation residences, known as The [...]
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Blog by Kaitlin
August 24, 2010
WASHINGTON (August 24, 2010) – Existing-home sales were sharply lower in July following expiration of the home buyer tax credit but home prices continued to gain, according to the National Association of Realtors. Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, dropped 27.2 percent to a seasonally adjusted annual rate [...]
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Blog by Mark
August 24, 2010
At the latest Inman Real Estate Connect conference, held in San Francisco, Calif., on July 15, eight companies were awarded for innovation, as each company is using technology in a unique way to break new ground in real estate and marketing. This year’s winners are: Most Innovative Brokerage or Franchise: The GoodLife Team The GoodLife [...]
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Blog by Kaitlin