LRE® Blog

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May 27, 2015

Love At First Sight

Courtesy of Frederick Peters, President of Warburg Realty. Real estate is a love-at-first-sight business. More often than not buyers respond viscerally one way or another within 30 to 60 seconds after they walk into a property. The subsequent 20 to 30 minutes of the showing either bolster or contradict that initial impression, but it lingers. So the initial impact of the property often determines how quickly and how well it is going to sell. With that in mind, I offer a few suggestions for how to make those first moments as appealing as possible for potential buyers:

May 26, 2015

What’s Happening in Austin?

Courtesy of Leslie Gossett with Austin Portfolio Real Estate Leslie has another installment of her video blog, where she’ll be keeping you updated on the Austin real estate market. She’ll be discussing timely topics so that you can take advantage of the real estate market when you decide to buy or sell. She’s currently filming this video at one of her beautiful listings in Tarrytown, which is only five minutes from downtown Austin.

May 26, 2015

Housing Starts Hit Pre-Recession Levels

Courtesy of Town & Country Real Estate Nationally, US home building hit the highest level since November 2007. US Commerce Department said housing starts rose 20.2% in April from the prior month to a seasonally adjusted 1.135 million. This is the greatest percentage increase since February 1991. The issuance of new building permits which gives insight to future construction is up 10%.

May 26, 2015

LIV Sotheby's Demonstrates Ongoing Support of Boulder Symphony

Courtesy of LIV Sotheby's International Realty Perhaps stemming from its relationship to the famous Sotheby’s Auction House, which houses some of the world’s finest pieces of art, the tradition of patronage continues at the local level in Boulder, CO, with LIV Sotheby’s International Realty’s continued support of Boulder Symphony, and the appointment of one of its respected brokers to its Board of Directors.

May 21, 2015

Harry Norman, REALTORS® Releases 2015 Spring HOME Magazine

Courtesy of Harry Norman, REALTORS® Harry Norman, REALTORS® released the Spring edition of their award-winning HOME magazine on May 18th. Voted Best-in-Class by the Printing Industries of America, HOME magazine is Harry Norman's premier publication specifically created to assist agents in marketing their clients' luxury properties.

May 21, 2015

Appreciation

Courtesy of Frederick Peters, President of Warburg Realty In my capacity as an expert on New York residential real estate, I have recently been asked all three of the following questions:   How much should I expect the value of my home to increase over 3 years, or 5 years?  Is it a better investment to buy in an established neighborhood or an up-and-comer? Will prices appreciate more for a larger property, or a smaller one?  In trying to answer these questions as accurately as I can, I find myself contemplating the dual meanings of the word “appreciation;" it’s both an increase in monetary value and the attribution of value of a more abstract nature. The three questions quoted above share the definition of “appreciation” as an increase in monetary value. And here are my answers:

May 21, 2015

Michael Jordan's Chicago Mansion Back on the Market

Courtesy of The Agency NBA Superstar Michael Jordan has placed his home back on the market with The Agency for $14,855,000. The Washington Post reports the listing price has been significantly reduced from the $29,000,000 price tag three years ago. Extensively refreshed in 2009, the estate features a sumptuous three-story primary residence connected to a generously appointed guest wing by a sky-lit entertaining pavilion. Nine bedrooms and 15 baths provide ample opportunity to host friends and family, and guests can congregate and warm themselves by the five fireplaces spread throughout the home. The extensive outdoor entertaining area features a kitchen perfect for alfresco dining, a huge circular infinity pool and a pond. 

May 20, 2015

Hammond Agents to Exclusively Market CRAFTS LANE Development

Courtesy of Hammond Residential Real Estate CHESTNUT HILL, MA – Jim Nemetz, manager of Hammond Residential Real Estate in Chestnut Hill, recently announced that Erin Baumgartner and Pauline Ho Bynum have been named as the exclusive marketing agents for  CRAFTS LANE Development, five fully-approved shovel-ready luxury home lots in Heath School District and Chestnut Hill North Historic District.

May 19, 2015

Tahoe Home Featured on HGTV House Hunters Program May 27th

Courtesy of Chase International SOUTH LAKE TAHOE, CA – Fans of HGTV’s House Hunters may see some familiar scenery on the May 27th episode, which features a Bay Area couple’s search for the perfect mountain home. Travis and Morgan Fields of Oakland were working with Chase International’s Angie Clark last spring when they decided to invite the show to follow them on their quest. HGTV producers and a film crew came out to Tahoe to film the couple on their South Lake Tahoe search. The episode, titled "Looking for a Log Cabin Vacation Home in Lake Tahoe” will air Wednesday, May 27 at 7pm. It will air again through the weekend.

May 19, 2015

Keyes Luxury Insights: Brickell's East

Courtesy of Kevin M. Leonard with The Keyes Company and Valore Group It seems that even more luxury is coming to Miami with Hong Kong-based developer Swire Properties and their east block tower - the first of six planned towers under construction at the Brickell City Centre. Situated at 89 SE Eighth St., this initial tower will be home to "EAST, Miami' - a luxury lifestyle hotel slated for opening in winter 2015.
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