LRE® Blog

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October 20, 2014

Rimontgó Secures Visas for Chinese Entrepreneurs Investing in Spain

Courtesy of Rimontgó The second visa to be issued following investment in a business project of general interest in Spain comes only days after the first visa of this kind was authorized last July by the Spanish Consulate in Beijing, together with a favorable report from the Office of Economic and Commercial Affairs at the Spanish Embassy in the Chinese capital. In both instances, the visas came as a result of investment proposals laid out by Rimontgó for Chinese businessmen.

October 20, 2014

Douglas D. Kerbs - Chieftain of Denver’s Top Floor Living

Courtesy of Fuller Sotheby’s International Realty DENVER, CO - The term penthouse is often diluted in real estate marketing as many try to push the definition of what a penthouse is and represents.  Penthouse units are not only exclusive but they also provide a style of living that is far beyond what's available in a typical condominium setting. Fuller Sotheby’s International Realty broker Douglas D. Kerbs intends to set the record straight with the introduction of four penthouses listed for sale that are the real thing - meaning that they fully occupy the top floor(s) of their respective building. While all of Kerbs’ listings feature skyline views, expansive terraces, greater living area, direct elevator access, and high end interior finishes, his are true penthouse listings and he’s not afraid to explain why these penthouses are a cut above the rest.

October 14, 2014

Wherever You Go, There You Are

Courtesy of Frederick Peters, President of Warburg Realty It’s always fun to hobnob with your peers. This past week I attended the International Luxury Real Estate Conference held by luxuryrealestate.com in Boston. I was delighted to have been asked to present on “Negotiating” and as part of a panel discussing Social Media (my topic was blogging!) Most of all, however, listening to colleagues from across the world defining our role in the transaction fascinates me.

October 14, 2014

Lagunita Estate Featured in Orange County Register

Courtesy of Teles Properties The OC Register recently featured agent Andy Stavros’ new Laguna Beach listing, 17 Lagunita, in their “Hot Homes” column. The 4,726 square foot property features three levels, a media room and a private mini beach. 17 Lagunita was also featured in their recent blog post on drone aerial photography in listing videos.

October 13, 2014

Tahoe Lakefront Sales on Record Pace

Courtesy of Alex West with Chase International TAHOE CITY, CA – Sales of Tahoe lakefront properties have handily surpassed the totals for each of the last nine years including the biggest year on record. This year has seen roughly $91,791,255 in closed lakefront volume and there is another $24,645,000 currently in escrow. 2012 was a record-breaking year and its volume through September 8 was $63 million or 32% less volume.

October 10, 2014

A 153-Acre National Treasure in Telluride

Courtesy of Brian O'Neill with Telluride Properties In 1985, the Ragland family bought a 153-acre mining claim surrounded by National Forest. They built an 8,000 square foot log home that became the setting for many family and friends memories.  Surrounded by numerous 13,000’+ peaks, Headwater Ranch is a mecca for adventure with a ​wild ​trout stream meandering the length of the property. Recreation abounds with the ability to fish, hike, mountain bike, horseback ride, ice climb, Nordic ski, snowshoe, snowmobile, dirt bike and more right outside your door. A perfect setting for the Ragland's to create generational enjoyment and legacy building.

October 2, 2014

1st Half-Year 2014 Market Report - Barcelona

Courtesy of Amat Immobiliaris This report compares the data of Amat Immobiliaris during the first half-year of 2014 with those of the same period of the previous year. The number of operations in this half-year compared with the same period of the previous year was a little lower, with 1% fewer operations.

October 2, 2014

ACL Fest: Presenting the New LOCALE Austin Magazine

Courtesy of The Shannon Schmitz Group at Austin Portfolio Real Estate Austin continues to be one of the fastest growing cities in the country, and The Shannon Schmitz Group wants to personally welcome each newcomer while celebrating longtime residents’ love affair with the city of Austin. Schmitz says, “We live in a city of festivals, so what could be better than dedicating the fall issue of LOCALE Austin to one of our favorites – ACL Festival.”

October 2, 2014

Be the #LREBOS Social Media Champion

Attendees of the 19th Annual Luxury Real Estate Fall Conference have the chance to have their listing featured on the homepage of LuxuryRealEstate.com! By sharing videos, photos and other great content using the hashtag #LREBOS from now until October 14th on Facebook and Twitter there will be: Three grand prize winners of a Large Featured Property of the Week spot. Five runner-up prize winners of a Standard Featured Property on the Week spot. Share a short video of your favorite parts of the conference and your thoughts of the networking to increase your chances of becoming one of the grand prize winners!  

October 1, 2014

Can Co-ops Keep Up?

Courtesy of Frederick Peters, President of Warburg Realty Co-op prices lag condo prices. Year after year, the percentage increase in value for condominiums, which buyers own outright, has been higher than for co-ops, in which buyers own shares in the co-op corporation and most decisions related to their apartment (including whether or not they get to buy it!) are adjudicated by the co-op Board. As a result, more and more buyers are opting for the relative simplicity of condo purchases. Recently a group of top brokerage industry professionals from a number of different firms met to discuss this issue and brainstorm what mainstream co-ops could do to restore their value in the marketplace (I am not referring here to outlier purchases like the $70 million recently spent for an enormous duplex at 740 Park, or the $60 million spent for the penthouse at 960 Fifth.) This group of experts came up with a set of clear practical steps which co-ops could take to try to level the field a little.
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