Miami, FL – Downtown Miami’s newest luxury condominium, the magnificent Marquis Residences, recently reached a significant milestone of being 70 percent sold. Located at 1100 Biscayne Blvd, the 67-story high-rise – the tallest of any residential building on Biscayne – remains red-hot among both brokers and buyers. “Reaching this remarkable milestone in a short amount of [...]
London’s prime real estate market is seemingly recovering from the real estate sag since property prices have peaked and returned to their pre-recession values, according to Knight Frank. This growth is projected to continue well into 2012 as London will be hosting the 2012 Summer Olympics and the queen’s diamond jubilee celebrations–both of which are [...]
According to Saudi Arabia’s Prince Alwaleed bin Talal, the Saudis are planning to build the world’s tallest building in north of Jeddah, overlooking the Red Sea. The building is the centerpiece of the planned Kingdom City development being built by Prince Alwaleed’s company, Kingdom Holding Co. While the exact height is being kept a secret, [...]
Language of Luxury — a luxury real estate professional networking community dedicated to uniting members across multiple social networking platforms to help and better serve high net worth clients — has begun a series of posts in which it will name and explore the U.S.’s 50 top luxury markets. The series begins with star-studded Santa [...]
A survey conducted by Ad Age between March and May 2011 contradicts the popular notion that print media is dead–or on the verge of dying. Over 1,000 online interviews were conducted in affluent households earning at least $100,000. The general trend seen was that affluent Americans preferred to view content through the traditional outlet. More specifically: [...]
“The Razor” house, located in La Jolla, California, is slated to be auctioned after being on the market for three years. A minimum bid of USD $13.9 million will be required—a significant reduction from the initial $45 million asking price and the $34 million construction cost. “It’s a steal,” said listing agent Bob Hurwitz to AOL [...]
This week’s Top of the Tweets By Camilla McLaughlin No certain direction for sales, yet. New home sales fell for the third straight month in July. Still, sales were up 6.8 percent compared to July 2010. Median sale prices also fell over June 2011, but are 8.8-percent higher than a year ago. http://bit.ly/qjrRkA Sales of [...]
Radio star and former Fox News host Glenn Beck is reportedly relocating to the Dallas suburbs after leasing a 7,904 square foot home in a gated community for $20,000 a month. The Hill Country-style house, which is listed on the market for $3.9 million, includes: a four-car garage, almost 2 acres of land, La Cornue [...]
Austin, TX–BuildFax, which collects and organizes construction records on over 70 million homes nationwide, has unveiled its BuildFax Remodeling Index (BFRI) for June 2011. The BFRI is based on construction permits filed with local building departments across the country; the index tracks the number of properties permitted. The findings suggest that even as the economy continued [...]
BENTON HARBOR, Mich. – Buyers who purchase homes or lots at Harbor Shores through the end of October will now get an exclusive package granting them special access to the 2012 Senior PGA Championship presented by KitchenAid. The Senior PGA Package includes 10 VIP passes to the entire four-day tournament, 10 tickets for two days [...]
