Luxury Real Estate Blog

Economic Update For Week Ending February 27, 2021

Feb 27, 2021 — Tina Lucarelli, Rodeo Realty

Stock markets dropped on fears of higher interest rates – As the economy appears to be recovering quicker than expected according to data and developments that are very positive, rising interest rates became a concern over the last two weeks. Stock markets reached record highs two weeks ago on news that COVID-19 cases were falling, the pace of vaccines had increased, retail sales rose sharply, corporate profits were strong, an unprecedented amount of additional stimulus will be added to the economy in the coming months, and the economy is finally beginning to re-open at a quicker pace than we have seen since the start of the pandemic. Unfortunately, all that optimism also has increased the risk of higher inflation and has lowered the demand for U.S. Treasury bonds. Treasury bonds pay low yields but are attractive when investors want to park money at low risk. Bond yields fell sharply from the start of the pandemic as investors rushed to safety, which lowered yields. Bond yields directly affect lending rates on every type of loan. Bond yields have increased to their highest level since last April, which has caused interest rates on all types of loans to increase. Higher borrowing costs lower profits. With investors uncertain about how much higher interest rates will rose, stock prices have dropped. 

Are “Living Off The Grid” and “Luxury” Incompatible?

Feb 26, 2021 — 2Costa Rica Real Estate

The term “living off the grid” has had significant changes throughout the last years; some consider it a synonym to living a secluded lifestyle; away from the hustle and bustle of the cities. On the other hand, others take it more literally and consider it a lifestyle where you seek to be self-sustainable by growing your food, and incorporating utilities from alternative sources such as eco-friendly ways of generating energy. 

The Colorado Luxury Real Estate Market is Thriving in 2021

Feb 26, 2021 — Kentwood Real Estate

In Colorado’s overheated real estate markets, one notable sector that has benefitted from our current frenzied climate is the luxury sector. Two years ago, homes over $1 million were plentiful and sellers often had to reduce their price to get an offer. Our supply shortage was primarily in the mid-to-low-tier price ranges. At the time, we generally saw 4-6 months of inventory on the high end, providing buyers time to make their decision.

LRE® on Tour - 2/26

Feb 26, 2021

The Door is Open Welcome to the LRE® on Tour weekly showcase. Enjoy this exclusive access to virtually tour exceptional homes from around the world listed by members of Who's Who in Luxury Real Estate.  Vineyard Haven, MA USA Stately waterfront home on Martha's Vineyard offering a delightful combination of elegant charm and modern amenities.

Just Listed | Adorable in Acreage | 12499 Orange Boulevard

Feb 26, 2021 — Echo Fine Properties

Experience the 𝗝𝗢𝗬 of Home ECHOnomics...ADORABLE IN ACREAGE3 Beds | 2 BathsThis gorgeous home sits on a wonderful corner lot in a great location, with tons of lush, green, and private outdoor space to enjoy!Acreage West Palm Beach features equestrian-friendly homes with plenty of room for gardens, pets, extra garages, and play areas for children.Find out more: https://www.echofineproperties.com/search/results/12499-orange-boulevard-west-palm-beach-fl-33412-rx-10690941-2586635/?reg=1Contact Nafeeza Singh for info:561.662.4558Nafeeza@EchoFineProperties.com

Luxury Wailea Makena Oceanfront Homes and Condos

Feb 25, 2021 — Steve Nickens, Wailea Realty Corporation

Wailea Makena Oceanfront Properties on Maui's South Shore You can view all Wailea Makena luxury homes and condos currently for sale in Wailea Resort. If you have any questions about buying homes in Wailea Maui, give me a call I would love to help you find that perfect piece of paradise. Steven Nickens RS-54097 GRI ABR

The Unknown Layers of Costa Rica

Feb 25, 2021 — 2Costa Rica Real Estate

Yes, Costa Rica is mostly known for its lush rainforests and paradisiac beaches, but it is not just a huge jungle similar to the scenes shown in Jurassic Park. Although the movie was filmed here and, indeed, Costa Rica is mainly water and untamed forest, having an urban lifestyle in one of the cities of this country might have more advantages than you’d think. And let’s face it, not everyone is made to cohabitate with the monkeys, live in the secluded mountains or relax on the Pacific Coast. Living in the city has its advantages because everything you need is either within walking distance or just a short drive. Just like in any city, this is perfect for people who are looking for the most convenient place to live without having to commute to school or work for long hours. But the city life in Costa Rica can be, aside from convenient, as interesting as in any other city, as the cultural aspect, world-class education, and a variety of attractions and entertainment for leisure time can be found around the corner.

Just listed outside Park City, Utah - Deer Mountain Beauty with Views

Feb 25, 2021 — Suzanne Pretorius, Summit Sotheby's International Realty

Deer Mountain Beauty with Deer Valley and Jordanelle Views 12403 Ross Creek Dr Kamas, Utah 84036 4 Bedrooms | 4 Total Baths | 3800 Sq Ft | .25 Acres This is a wonderful home with an open floor plan, abundant natural light, a main level master suite, and gorgeous views overlooking the Jordanelle and Deer Valley’s Bald Mountain. The floor plan features an open kitchen/Great Room concept with large, vaulted ceilings and two bedrooms on the main level, including a large master suite with spectacular views and an oversized bathroom and walk-in closet. The lower level has two additional bedrooms and bathrooms and a very large secondary family room with a bar, games area, second fireplace, and access to the outdoor hot tub. The home is in meticulous condition with additional features such as two decks, air conditioning, two storage areas, a natural stone patio, and low maintenance landscaping. Just ten minutes to Park City’s downtown Main Street, five minutes to the Deer Crest Gondola, and mere minutes to the Jordanelle non-motorized watercraft ramp and beach.

Join Us March 26 and 27 for an Exclusive Tour of Las Vegas’ Luxury Homes

Feb 25, 2021

Courtesy of Darin Marques Group LAS VEGAS, NV - We are excited to announce some of the greatest homes in the Las Vegas Luxury home market! This two-day event will be hosted in some of the most desirable luxury home communities from Summerlin, Southern Highlands, Henderson and Lake Las Vegas! The Darin Marques Group | Huntington & Ellis will take you on a guided tour along with a lunch and learn each day. Local presenters include CPA’s, the Chamber of Commerce, builders, architects and more. Our experts will inform you about the benefits of living in each community, so that you can identify which is the best fit for you and your family!

Why Cleaning Your Home May Be More Beneficial Than You Think

Feb 25, 2021 — McGarr Realty Corp., Brokerage

There’s a good reason why home organization and cleaning are trending right now: because tidying up truly can spark joy! While cleaning your home may not be your favourite pastime, it can make for a happier home and a happier you! So, the next time you’re thinking about putting off tidying for another day, consider these health benefits of a clean home.
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