Top Luxury Estates from Intero Presented in a Mobile Friendly Digital Magazine

Courtesy of Intero Real Estate Services, Inc.

CUPERTINO, CA – Intero Real Estate Services, Inc. is releasing another issue of their Intero Prestigio digital magazine. The digital magazine is a combination of the innovative, tech savvy power of the Silicon Valley real estate company and their division specializing in high-end real estate, Intero Prestigio International. This issue gives you a taste of Pebble Beach living, shows off multiple Atherton estates, entices you with city living in San Francisco and so much more.

Chase Agents Complete Local BEAR Training

Courtesy of Chase International

INCLINE VILLAGE, NV – Karen Bruno and Megan Warren have always shown their commitment to their community. They continued to improve their knowledge and dedication to the Lake Tahoe lifestyle by completing the BEAR League’s response team training last month.

The training took place March 27 in Incline Village, where more than a dozen residents learned to be residential responders and educators for local bear calls. According to the BEAR League, with trained community members responding to calls, the possibility of a bear’s presence escalating into a problematic situation will decrease. In addition to responding to commercial and residential bear calls, Bruno and Warren will be monitoring neighbors and businesses for trash violations.

Spring Forward

Courtesy of Frederick Peters, President of Warburg Realty

Our spirits rise with the thermometer. Real green shoots begin to pop in Central and Prospect Parks, along the Hudson, and in all the little pocket parks scattered around the city: daffodils, crocuses, hyacinths. The peonies, which love a cold winter, send forth their little red-green shoots, while ducks and geese and warblers wing through town. Can it be any surprise that more real estate gets sold in spring than at any other time of year?

Part 2: We’re Under Contract…Now What?

Courtesy of Sally Uhlmann of PureWest

A Successful Transaction: Seller’s Side

Many sellers uncork the champagne once they have a signed Buy-Sell contract on their property. However, as exciting as it is to have a buyer wanting to purchase your home for agreed upon price and terms, the real celebration should wait until the title company is depositing your proceeds and has recorded the title. Unfortunately, a lot can go wrong between signing a Buy-Sell and closing. A real estate transaction is never a “done deal” until it is recorded.

Luxury Real Estate Members Featured in the Financial Times

Who’s Who in Luxury Real Estate members, Lila Delman Real Estate and Unique Estates Australia, were recently featured in the House and Home section of the Financial Times in the article “Feast your eyes: upmarket homes for foodies.” The article showcases a spectacular listing from each member along with highlights on what makes the location of each listing a “foodies haven”.

Charles Ponzi’s Former Home on the Market

Courtesy of Hammond Residential Real Estate

The Boston Globe recently reported that the former residence of Charles Ponzi has been publicly listed for $3,300,000 by Hammond Residential Real Estate.

"For the first time, the butter-colored stucco house with the slate roof and second-story balustrades, is going on the broader real estate market, available to anyone willing to take a run at the $3.3 million asking price. All previous sales have been private."

Part 1: We’re Under Contract… Now What?

Courtesy of Sally Uhlmann of PureWest

Contingencies and Due Diligence: Buyer’s Side

Buyers and sellers in real estate transactions often think that once they are “under contract” with a buy-sell, they are home free. However, a savvy and competent Realtor will explain to you that the true work is just beginning. A real estate transaction is not over until the title company is asking where to deposit the proceeds and the title is either recorded or in process of recording.

Auction on May 15th of Largest Privately Held Island in the Bahamas

Courtesy of Concierge Auctions

EXUMA, BAHAMAS – Concierge Auctions, a luxury real estate auction firm serving high net-worth individuals worldwide, today announced the auction of Innocence Island, the largest privately held island in the Bahamas.

Originally offered for $55M, the island will be auctioned on May 15th at Trump SoHo New York. The property will sell to the highest bidder at or above a $10M reserve in cooperation with George Damianos of Damianos Sotheby’s International Realty. Located in the Bahamas’ exclusive Exuma chain of islands, Innocence Island features a spectacular residence, long stretches of beach, and 681 acres of native fruit trees, tropical foliage, and terraced hills.

Iconic Silverleaf Custom Estate Featured on Front Cover of Luxury Home Magazine

Courtesy of Silverleaf Realty

SCOTTSDALE, AZ – Luxury Home Magazine of Arizona features on the front cover of its most recent issue a beautiful custom estate in the neighborhood of Silverleaf. As the first home built, it has rich history and was beloved by all in the community. Now this authentic masterpiece of superior quality has been totally renovated into an incredible custom estate. Built for entertaining, this 8,344 sq. ft. Spanish Colonial Masterpiece brings together exquisite, timeless finishes and high-end modern luxury for the finest comforts. Entirely brand new in the interior is the expansive kitchen, all bathrooms, additional closets, laundry room, and the addition of a guest casita overlooking the entire valley. Precise attention to detail has transformed this home into a perfect blend of ambiance and serenity.

Manhattan: Fantasy vs. Reality

Courtesy of Julia Hoagland

The average apartment price of $1.72M was up 30% Y-O-Y, with condominiums leading at a 35% increase (to $2.37M). Important to note is this comparison is to a quarter immediately following year-end 2012, when fears of major tax hikes drove luxury sellers into the market at greater-than-average volumes. (Prices were up 7% from 4Q'13.) Out of all chief categories (condo/co-op/prewar/postwar/lofts) and configurations (studio/1/2/3+BD) covered by this report, the only negative movements were in East Side studio co-op prices (down 2.43% to $359,601) and Midtown West prewar co-ops (down 14.68%, to $201,870/room).

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