June 29, 2010

A 5-bedroom, 3-bath main house with a fireplace; a guesthouse with 3 bedrooms; breathtaking sunset and Atlantic water views; and a 750-foot dock make up Jefferson Island, a 20-plus-acre private retreat on the Chesapeake Bay in Talbot County, Md. With 7,050 feet of waterfront, this property is positioned for total seclusion, water activities and a [...]

April 19, 2010

Currently producing fresh fruits and vegetables, Mount Edgecombe Plantation is a historic, 26-acre working plantation in Grenada, West Indies. The 18th-century plantation house rests above the Caribbean, ensuring privacy and the most astonishing views. At present, the home features six bedrooms and a great room with an eye-catching backdrop; with the addition of four bedrooms, [...]

December 22, 2009

High above the streets of New York City is the duplex penthouse at One York — a premier residential building in downtown Manhattan. With a price tag of $34 million, the modern home of 6,100 square feet with 11-foot, floor-to-ceiling windows allows natural sunlight to pour in during the day and take in views of [...]

Price Stability Emerges In California

October 14, 2009

“For the first time since we began our home builder executive survey 15 months ago, more California builders reported raising prices than those who reported prices were flat or down,” said Jody Kahn, vice president of Irvine, Calif.-based John Burns Real Estate Consulting. The survey’s color commentary underscores the positive effect of federal intervention, though [...]

Bay Area Home Sales and Median Price Rise

August 19, 2009

Home sales in the San Francisco Bay Area jumped to their highest level in almost three years, the result of improved mortgage availability and a perception among potential buyers that prices have bottomed out, according to San Diego-based MDA DataQuick. Home sales were up 20 percent in June over the same month last year. The [...]

High-end Kitchen and Bath Popularity Drops

July 7, 2009

The American Institute of Architects Home Design Trends Survey focused specifically on kitchens and bathrooms in the fourth quarter of 2008. As the housing market suffered, demand declined for upscale products and features for kitchens and bathrooms, the survey found. Renewable materials and products that promote energy efficiency are still growing in popularity, and there [...]

AARC SURVEY DEBUNKS MYTHS ABOUT LUXURY SPENDING

May 26, 2009

A recent survey of the wealthiest 10 percent of U.S. households by the American Affluence Research Center revealed the most the wellheeled could imagine spending for 37 products, fromshoes to wine. “The definition of luxury varies considerably by individual and by product, as clearly demonstrated by our survey,” observed Ron Kurtz, president of AARC. Wealthy [...]