Luxury Real Estate Blog

Celebrating great women in the Luxury Real Estate industry

Mar 26, 2008

The Ohio Department of Development's Office of Small Business Development and Small Business Development Centers will offer awards to “recognize the economic contributions of successful Ohio women business owners,” according to a news release from the Ohio Department of Development. What a wonderful idea! Individuals who are able to balance their lives and gain immense professional success deserve great praise.Many women, in and out of Ohio , have become successful real-estate agents, performing beyond all expectations. LuxuryRealEstate.com includes many such notable women who continually contribute their considerable talents to their clients. Audrey Ross is the president and CEO of Audrey Ross of Christie’s Great Estates – Esslinger Wooten Maxwell in Cora Gables, Fla. After founding her firm in 1984, she went on to become known as “Miami’s Woman at the Top,” and she just keeps going up, representing Florida’s finest properties, including The Temple House in South Beach . Diane Turton founded Diane Turton, Realtors more than 20 years ago in Point Pleasant Beach, N.J., and she now oversees more than 500 agents in a total of 26 offices in New Jersey and Florida. In fact, her offices combined to sell $1.25 billion of properties in 2004. She was acclaimed as one of New Jersey ’s Best 50 Women in Business by NJ BIZ in 2006.These are just two of the numerous exceptional women who are members of LuxuryRealEstate.com as well as the Board of Regents, the governing body of Luxury Real Estate. Ohio certainly has the right idea.

Know Who to Trust When Investing in Foreign Markets

Mar 26, 2008

According to a recent article in the Chicago Tribune, entitled, “Real estate investors turn focus overseas,” American investors are increasingly finding excellent investments in foreign markets. The recent weakening of several U.S. housing markets has certainly encouraged investors to seek their fortunes elsewhere. Also, foreign real estate is rarely affected by the stock market, providing an excellent way to diversify investments.However, investors face several risks when buying foreign real estate. These include a weak U.S. dollar, numerous legal pitfalls and barriers to entry into certain markets, and the possibility of downturns in countries’ economies.Members of LuxuryRealEstate.com can provide useful resources for people hoping to safely invest their money in foreign markets. Yalile Alpízar, the founder and president of Costa Rica Luxury Estates, is a great expert to ask about investing in Central American properties, especially in Costa Rica. Members of LuxuryRealEstate.com in many other countries are ready help Americans invest wisely in their markets. Since LuxuryRealEstate.com has such high standards for its members to maintain, homebuyers can rest assured that they will be well-served.

While Other Realtors Burn Out, Members of LuxuryRealEstate.com Shine

Mar 26, 2008

A dangerous downturn is gripping the real-estate market, and I'm not talking about the recent drop in home sales. I’m referring to a significant drop in customer satisfaction and trust in Realtors®, discussed in this RIS Media article. According to the article, consumers have no guarantee that they will receive anything approaching quality service from real estate brokers, even accredited Realtors®. For the past few years, real estate prices have increased significantly, allowing less-professional real estate agents to find success. But now that the market is shifting, consumers are losing their confidence in real estate professionals’ abilities. That’s the bad news – but here’s the good news. LuxuryRealEstate.com, although it has grown rapidly for nearly two decades, has actually improved its entry requirements for real estate brokers to join its network. In sharp contrast to the woes plaguing other real estate brokers, LuxuryRealEstate.com is thriving because it only allows proven experts who are dedicated to the industry’s best service to join its international network of luxury brokers and firms. Luxury homebuyers and sellers can trust that when they seek a property anywhere in the world through LuxuryRealEstate.com they will be served by the world’s finest brokers. Check it out!

Beachfront Properties: Get them While It's Hot

Mar 26, 2008

This CNN/Money article offers an interesting take on luxury waterfront properties. According to the article, even though we all know that the climate is getting warmer and that this could signal a rise in the ocean level, luxury home buyers are actually buying more waterfront properties. It seems like demand for waterfront properties would decrease as buyers see a higher risk associated with buying land that could be underwater by the year 2100. But if you’re retiring and looking for the best in luxury living then you’re probably not worried about possible risks that might affect you in 100 years. Also, the article points out that in the Western United States and Europe the sea level is actually falling because of shifting tectonic plates, showing that the future might not be all bad. Beachfront properties are some of the hottest commodities in the luxury real estate market. In fact, they are in such high demand that the city of Dubai famously created hundreds of acres of man-made islands and beachfront properties to give luxury buyers even more places to move in. Let’s face it: living on the ocean or other bodies of water is glamorous. Plus, major cities like Miami or New York City can’t be simply relocated away from the shore, and as long as many high-paying jobs are on the coast then people will want to live there. As the weather gets warmer, it’s natural that people will want to be near bodies of water to relax and stay cool. Don’t stress too much about the heat. Just keep it in perspective.

Rob's Pick of the Week: $10-Million Home on Lake Las Vegas

Mar 26, 2008

When is a home worth $10 million? Gene Northup, with Century 21 Advantage Gold, has the answer: When it is one of the last bastions of true elegant living, when it allows you to throw your head back and breathe in the incomparable air of your own waterfront estate, and when you can do all of this living enthroned in luxury and elegance fit for royalty.

The Temple House: A Wholly Luxurious Place to Live

Mar 26, 2008

Well-known as a popular gathering place for famous sports figures, musicians and actors, and as the largest single-family home in Miami’s luxurious South Beach, The Temple House is currently on sale. This home has a tradition of attracting celebrities who come to enjoy its legendary parties. These celebrities include Jennifer Lopez, Ricky Martin, Marc Anthony, Jay-Z, Tony Hawk, Jamie Foxx, Michael Mann, Venus Williams, Magic Johnson and Victor Manuelle.Located at 1415 Euclid Ave., The Temple House is next to Flamingo Park and within a half-mile of the Atlantic Ocean. It sits on two adjacent lots within two blocks of the upscale shopping center on Lincoln Road. Quick access to seaports and the Miami International Airport provide residents with a variety of options to travel to and from this luxurious property. It’s hard to imagine a more luxurious place to live in this city, which is already known for its luxurious living. Audrey Ross of Christie's Great Estates – Esslinger Wooten Maxwell is currently offering The Temple House for $12.75 million.You can also read a news release on The Temple House here.
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