LRE® Blog

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December 24, 2012

Solidarity Proposals

Courtesy of: Guifre Homedes of Amat. Immobiliaris of change XXXVIX   As we do each year around this season, we are printing a calendar, and again like each year it revolves around a specific theme. This year we wanted to render homage to the foundations that work in our surroundings. We feel that they are currently playing an essential role in our society, deploying the efforts of large numbers of anonymous people to make up for the role that was formerly played by the Government. We are sure that without their contribution this society of ours would be even more polarised, and would be unable to provide a response to such pressing needs and requirements.

December 19, 2012

See The Newport Beach Christmas Boat Parade

Courtesy of Amy Plotkin of Surterre Properties For many holiday enthusiasts across Orange County, the spirit of the season is most emphatically expressed by the beautifully bedecked boats, yachts, canoes and kayaks that glide across the waters of the Newport Beach harbor every year during the annual Christmas Boat Parade.

December 18, 2012

Summer Perry of Surterre Properties® Presents Custom Corona del Mar Residences by Scott Cross of SC Homes

Courtesy of Amy Plotkin of Surterre Properties One of Southern California’s most sought-after luxury homebuilders, Scott Cross has accomplished more in his 32 years than many people do in a lifetime. The youngest homebuilder featured on Extreme Makeover: Home Edition, Scott is also one of OC Metro’s 40 under 40. Most recently, SC Homes – the company Scott started at the age of 22 – was named the 15th fastest-growing private company in Orange County by the Orange County Business Journal.

December 17, 2012

Fiscal Fitness

Courtesy of Frederick Peters, President of Warburg Realty Will we drive over the fiscal cliff? Whether we do or not taxes and tax breaks are likely to be reconfigured in 2013. So what are the implications for real estate of going over the cliff? And which tax breaks will be the worst for our business (and our world at large) to lose?

December 17, 2012

Silicon Valley Real Estate Market

Courtesy of Dawn Thomas of Silicon Valley and Beyond SELLERS CORNER One of the most integral things to the success of your SOLD home: Pricing. The Dawn Thomas Team is experts at pricing and we take our job, our responsibility to you, the Seller, and to the local market very seriously. If you are thinking about listing your home and have ques tions please feel free to contact us! The following things are extremely important to the success of your home selling for the best possible price...

December 17, 2012

Holiday Cheer in Santa Barbara

Courtesy of Staci Caplan and Michael Humphrey Sterling Properties & Estates - Santa Barbara Luxury Homes and Real Estate If you’ve been keeping up with our blog the past few weeks, you’re well aware of the many fun and spirited ways that owners of Santa Barbara homes have to make to most of the holiday season. This weekend, the holiday cheer continues in full force with these great events around town.

December 12, 2012

A Leap of Faith Into a New Reality

Courtesy of Frederick Peters, President of Warburg Realty Although I am the grandson of retailers, bankers, and businessmen, I did not expect to go into business myself. As most of you know, I thought I would have a career as a music professor, writing music and teaching classes. Then, when Alexandra and I got married in 1977, she thought with the market SO low it would be a good time to buy an apartment. No one was investing in New York – the city was in the throes of a severe financial crisis, crime was terrible, and many believed that the city was dying. Our decision to buy was economic, since prices were at all time lows, but it was also an act of faith in a city we loved. That apartment search changed my life forever. I was bitten by the bug and it was just a couple of years later that I got my license and became a broker.

December 12, 2012

Now and Then – Now is Better

Courtesy of McEnearney Associates It’s December 1, 2006, and a couple making $140,000 just found a great house for $600,000. They call their mortgage lender and find that if they put 10% down, they can squeeze into that house. With 30-year mortgage interest rates at a very attractive 6.1%, they can just barely qualify for the monthly principal and interest payment of $3,272. The household budget may be a little tight, but they’re thrilled to be able to make their move. That was then.

December 10, 2012

Low Residential Inventory in King County

Courtesy of Ewing & Clark According to the NWMLS’ newly released statistics, the hot topic is that inventory is extremely low in King County residential real estate. King County single family homes for sale (excluding condos) are down 43% from last year. At the end of November there were 3,720 listings for sale in the county, compared to 6,487 last November.
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