Promontory Welcomes Chris Messick - New Sales Executive

Jan 31, 2014 — Promontory Club, Summit Sotheby's International Realty

Jumbo Home Lending Predicted to Increase in South Florida for 2014

Jan 30, 2014 — Julie Jones, PA, Florida Luxurious Properties

South Florida Business Journal reports that jumbo mortgage lending grew rapidly in South Florida in 2012, totaling $4.82 billion, but decreased in 2013. Despite the drop in 2013 current predictions claim banks will be eager to pursue jumbo loans for wealthy borrowers in 2014. Compliance Technologies’ LendingPatterns.com database of Home Mortgage Disclosure Act (HMDA) stated that in the first half of 2013, jumbo lending could not keep pace with the rapidly rising amount of refinancing for smaller balance loans. However, refinancing dropped off in the second half of 2013. More borrowers will require jumbo loans in 2014 due to the conforming loan limit for Fannie Mae and Freddie Mac in South Florida remaining at $417,000 while housing prices increase.

Winter Organizing!

Jan 28, 2014 — Carrie DeWeese, Chinowth & Cohen Realtors

1/2014 This is the time of year that I get calls from clients about how to prepare to put their house on the market in Early Spring.  As a Realtor, I appreciate any preparation that sellers can do to have the house ready, well before that sign goes up in the yard.  Of course, I can give a list, but the main things are to de-clutter the house, de-clutter and clean out the closets and cabinets, and de-personalize. 

Zillow, Trulia & Realtor.com-What’s the Difference?

Jan 28, 2014 — Nancy Tallman, Summit Sotheby's International Realty

These are generally regarded as the top 3 real estate search sites in terms of the number of property views.   All of my listings are syndicated to each of these sites and many others.  But does quantity of views measure up to quality of views?  I looked at data collected by my brokerage, Summit Sotheby’s International Realty, to take a closer look.

The Housing Market: Where is it Going in 2014?

Jan 28, 2014

Courtesy of The Dawn Thomas Team The housing market has made great strides with marked improvements over the past year, and this trend is expected to continue into 2014, according to the California Association of Realtors® (C.A.R.) “2014 California Housing Market Forecast.” The positive signs outlined by the forecast point to strong demand for homeownership, and both sales and home prices will experience further gains. The California median home price is forecast to increase 6 percent to $432,800 in 2014, following a projected 28 percent increase in 2013 to $408,600. In addition, sales will shift toward primary home buyers after a period of time in which buyers faced stiff competition from investors. The state can expect to see sales gain 3.2 percent next year to reach 444,000 units, up from the projected 2013 sales figure of 430,300 homes sold.

Palm Cay Marina Opens to the Public

Jan 28, 2014

Courtesy of Palm Cay NASSAU, BAHAMAS - Palm Cay announced today the opening of its new 194-slip, deep water, full-service public marina. The marina, located within Palm Cay’s luxurious 69-acre residential community, is on New Providence’s southeastern shore in Nassau, Bahamas. We’re excited to be able to offer the marina and all of its amenities to the public," said Palm Cay Harbormaster, Brooks Russell. “Boaters will appreciate the services offered at the marina, along with its location to some great fishing.”

Park City Market Update Video for December 2013

Jan 27, 2014 — Summit Sotheby's International Realty - 1750 Park Avenue, Summit Sotheby's International Realty

View all 50 of our Market Update Videos Real estate is local, which is why we offer you current and historical data from our local Park City MLS to produce detailed, highly visual and easy to interpret videos that clearly demonstrate market trends. Our market video updates are based on properties that have recently sold. But remember every neighborhood, block, street and home is unique and a computer cannot tell the full story. For a more in-depth analysis and thorough property evaluation, turn to your local Summit Sotheby's International Realty sales associate. No one knows the market better! Call us today at 800.641.1884 or visit www.summitsothebysrealty.com.

Drones Hit Berkshire MA Real Estate

Jan 27, 2014

Courtesy of Tucker Welch Properties Tucker Welch Properties was looking for a new way to film the videos that it uses to showcase its luxury properties to prospective buyers. The realty company didn't just find a new way; it came up with a cutting-edge method: It's using a drone. On Monday, a small drone rented by the company buzzed around the 27-acre State Road property occupied by the Inn at Richmond and the Berkshire Equestrian Center that's on the market for $5.9 million. The small drone flew high enough to provide a unique view of the equestrian center's riding ring, and low enough to fit under the ceiling of a main room at the small inn, which was built in 1771.

It’s My Party

Jan 27, 2014

Courtesy of Sally Uhlmann of PureWest Celebrations ringing in 2014 spanned the globe, each with its own particular flavor, such as the edible banana confetti and peach snowballs bursting in the air in London. Dubai exceeded all-time records for fireworks, using Burj Khalifa, the world’s tallest tower, as a launching site for the 400,000-firework display which could be seen 62 miles away. In Japan, keeping with Buddhist beliefs, 108 bells rang out to wash away the 108 sins, while in China, a section of the Great Wall had fireworks and lights to resemble a dragon. Australia’s Sydney Opera House was used for the first time in a decade to put on a display using 7 tons of fireworks and viewed live by 1.5 million people. Then, of course there was Times Square.

About Summit Sotheby's International Realty

Jan 24, 2014 — Summit Sotheby's International Realty

Summit Sotheby’s International Realty was organized in 2008 and became the exclusive Sotheby’s International Realty company for the state of Utah by producing over $1 billion in annual sales volume. Today the firm has 7 offices and over 100 brokers and support staff associates serving some of Utah’s best-known luxury markets in Park City, Deer Valley, Heber, Midway, St. George and metropolitan Salt Lake City.Summit Sotheby’s International Realty distinguishes itself as Utah’s leading luxury real estate brokerage company because it supports its professional team of sales associates by utilizing the industry’s leading technologies, business systems and vendors for property and client marketing and from transaction management, business development, and sales and technical skills training.Summit Sotheby’s International Realty also distinguishes itself by providing clients with service that leads the industry, which results in a higher than average listing sold/taken ratio, the highest average sales price and the lowest number of days on the market. Every seller client benefits from proprietary, custom-choreographed in-house photography and an online, paperless transaction management system with dedicated transaction coordinator, an in-house full service marketing and design team and unparalleled market data from comprehensive research documented on www.summitsothebysrealty.com, an unprecedented web presence translated in 19 languages and converted into 50 currencies and the industry’s most progressive online, electronic and print marketing and advertising resources reaching the broadest local, regional, national and international audience of buyers. Clients also benefit from the powerful, exclusive Sotheby’s International Realty brand and network of 600 offices located in 49 countries capable of advising and serving clients in their luxury property needs throughout Utah and around the world. Contact us to learn about our resources, marketing plans, world-class buyer and seller services, and to list a property with Sotheby’s International Realty.
1 - 10 of 33