Welcome to our new blog on the lifestyles and interests of those who are buying and selling our luxury homes. Generally speaking we will be focusing our blog on the segment of the population that has a net worth of more than five million dollars, not including their current primary home. It seems that this […]
Two plans that would bring millions of dollars in improvements to Dinner Key from Kennedy Park to Peacock Park are poised to move forward this month. The Coconut Grove Waterfront Master Plan, nearly three years in the making, is set to be presented Tuesday to the city's Waterfront Advisory Board before going to the Miami […]
It might surprise you to learn that a third of all homes sold during the past year were second homes – those to be used as a vacation residence or investment property. This was revealed in the “2008 Investment and Vacation Home Buyers Survey,” conducted by the National Association of Realtors. The survey showed that […]
With the subject of global warming coming front and center in the news these days, architects are looking for solutions that will not only satisfy the tastes of the luxury homeowner, but will appeal to their environmental conscience as well. The new “green” home will be built from recycled materials such as Syndecrete — […]
Last month the Harrison Group, a Connecticut-based marketing and consulting firm, conducted an Internet survey of 638 respondents with incomes of $100,000 or more. The company broke the group of respondents into four categories, ranging from “Upper Middle Class” (incomes of between $100,000 and $149,000, 123 respondents) to “Wealthy” (incomes of $500,000 or more, 119 […]
In a time where sales of new and existing homes are sluggish in general, sales of multi-million dollar homes are surprisingly strong. Luxury homes, costing $5 million and above, climbed 31 percent during the first quarter last year over the previous year, according to DataQuick, a real estate research firm. This year, values in the […]
Feng Shui (pronounced “fung shway”) is the ancient Chinese practice of arranging space to promote harmony in an environment. Home owners who are preparing their home to sell can take a few simple tips from this venerable tradition. The first step is to engage the senses: Your home should look good: A buyer’s first impression […]
We’ve all seen the news reports about the real estate market slow down. Those reports have motivated many home buyers to wait until they are certain that the market has reached the bottom before they buy, so they can get the best deal. This might not be the best strategy, here’s why:First, it is nearly […]
If you are preparing to sell your house in an area that is dominated by a certain age group, it’s important to do a little “market research” about what your buyers are looking for in a home. Although there are many aspects of a home that are universally desirable to most homebuyers, some features are […]
Everyone is wondering what’s in store for real estate this year. Although there are many conflicting opinions, the overall picture is not as dire as some report. Markets in different parts of the country vary greatly. Although some will be down this year, there are many areas that expect continuing growth. FHA loan applications have […]
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