Monday, December 29, 2014

Tuesday, December 23, 2014

Bloomberg - U.S. Home Sales to Increase in 2015: Wells Fargo's Khan http://bloom.bg/1vkJ3gM

Thursday, December 18, 2014

Sunday, December 14, 2014

Bloomberg - How Russians Battle the Recession: Buy a Porsche http://bloom.bg/1ueLJvO

Tuesday, December 9, 2014

Rents go up..

http://m.sf.curbed.com/archives/2014/12/09/yikes_rents_in_sf_went_up_yet_another_134_percent_in_2014.php

Wednesday, November 26, 2014

Bloomberg - Pending Sales of U.S. Homes Unexpectedly Fell 1.1% in October http://bloom.bg/11uIOYj

Saturday, November 22, 2014

Sunday, October 26, 2014

Giant Gold Nugget

http://www.foxnews.com/us/2014/10/26/giant-gold-nugget-found-in-california-finds-secret-buyer/

Tuesday, October 14, 2014

Selfie with a Drone

A Sweeping Selfie Shot with a Drone from the Edge of a Cliff http://petapixel.com/2014/10/14/sweeping-selfie-shot-drone-edge-cliff/

Thursday, September 25, 2014

4 Tips to Determine How Much Mortgage You Can Afford

Visit houselogic.com for more articles like this.

Copyright 2014 NATIONAL ASSOCIATION OF REALTORS®

Love Your Bathroom Forever: 9 Perfect Features

Visit houselogic.com for more articles like this.

Copyright 2014 NATIONAL ASSOCIATION OF REALTORS®

Friday, September 19, 2014

Burj Khalifa Pinnacle BASE Jump

Europe Has 894 Hotels in Development

http://www.worldpropertychannel.com/europe-vacation-news/new-hotels-in-europe-2014-str-global-construction-pipeline-report-europe-hotel-development-pipeline-hotel-room-rates-new-hotels-under-construction-8504.php

Dubai's Arabtec to Build 1 Million Egyptian Homes

http://www.worldpropertychannel.com/middle-east-africa-residential-news/arabtec-holdings-to-build-one-million-homes-in-egypt-arabtec-real-estate-middle-income-housing-emaar-properties-hasan-abdullah-ismaik-dubai-uae-8085.php

U.S. Mortgage Rates Move Higher, Biggest Weekly Increase in 2014

http://www.worldpropertychannel.com/north-america-residential-news/current-mortgage-rates-freddie-mac-rising-interest-rates-frank-nothaft-fixed-rate-mortgage-rates-september-2014-fixed-rate-mortgage-rates-federal-reserve-8511.php

Dutch Housing Popular with German Money

http://www.worldpropertychannel.com/europe-residential-news/dutch-property-investors-germany-property-investors-dutch-housing-report-dutch-real-estate-trends-2014-thijs-de-graaf-marijn-snijders-8510.php

Multifamily Construction in U.S. Plummets 32 Percent in August

http://www.worldpropertychannel.com/north-america-residential-news/new-home-construction-report-multifamily-production-decline-new-housing-starts-nahb-david-crowe-national-association-of-home-builders-kevin-kelly-8513.php

South Florida's 'MiamiCentral' Project Continues to evolve

http://www.worldpropertychannel.com/north-america-commercial-news/miamicentral-all-aboard-florida-florida-new-transit-railway-cbre-miami-blanca-commercial-real-estate-new-office-towers-in-miami-michael-reininger-8514.php

Wednesday, September 17, 2014

Chinese love US housing so much, now they're building it

Santa Ynez Vally Estate listed for $45m, 4,600 Acers 12,000 sqf main house

The finest ranch estate on the West Coast, Rancho Latigo encompasses nearly ~4,600 pristine acres in California's spectacular Santa Ynez Valley. Miles of horse trails and views of untrammeled mountains are given a human scale by the pristine equine landscape – in which paddocks, riding arenas and shady arbors with fieldstone watering pools celebrate the unique relationship between man and horse.
Approximately one-half hour from the Pacific Ocean and Santa Barbara, the American Riviera, this magnificent property hosts a ~12,000 square foot home featured in the October 2009 edition of Architectural Digest as well as guest and manager residences and superlative equine facilities.
Add a temperate year-round climate, privacy and security, ease of access in a prime location in combination with close proximity to fine dining and upscale amenities and Rancho Latigo is unsurpassed.

Please call Gideon Joffe for more info 805-918-6665 or email teamjoffe@gmail.com SantaBarbaraAmericanRiviera.com

Goleta Council Approves Development of Marriott Hotel on Hollister Avenue

http://www.noozhawk.com/article/goleta_city_council_pushes_marriott_inn_forward
SantaBarbaraAmericanRiviera.com

Montecito Ranch On 238 Acres Lists For $125 Million

A  nearly 238-acre ranch in posh Montecito, the hilly enclave in the mountains above Santa Barbara, has hit the market with a price tag of $125 million.
Rancho San Carlos, as it is being called, includes a more than 25,000-square-foot main house with 30 rooms on land owned by the same family since 1927. It is the largest estate in Montecito, where significant estates lie on five to 15 acres, and even Oprah Winfrey’s ‘Promised Land’ estate, which sold for $45 million in 2001, encompasses just 42. Its $125 million price tag makes it the most expensive ever to list in Montecito, confirms Suzanne Perkins, one of the listing agents.
Also known as the Jackson Ranch, the estate at 2500 East Valley Road on Montecito’s eastern edge is extremely private. Designed by Pasadena architect Reginald Johnson in 1929, the main home is set in the middle of the property, at the end of a long (six-tenths of a mile) drive that wends its way through oak trees and orange and lemon groves. From there, the views to the north are of the Santa Barbara mountains. To the south, the Pacific Ocean.

Please contact Gideon Joffe for more info: 805-918-6665 or email teamjoffe@gmail.com SantaBarbaraAmericanRiviera.com

SantaBarbaraAmericanRiviera.com













Tuesday, August 19, 2014

The New 918 spyder

Porsche's New Charge: The 918 Spyder http://www.maxim.com/rides/porsches-new-charge-the-918-spyder

Santa Barbara Marina project

http://www.noozhawk.com/article/santa_barbara_waterfront_marina_replacement_project_20140817

Sunday, August 17, 2014

Target: Goleta - Santa Barbara

http://www.noozhawk.com/article/target_takes_step_back_to_buy_goleta_property_20140816

Thursday, July 10, 2014

RESALE AVAILABILITY IN LAS VEGAS REMAINS IN CHECK (April 2014)

Real Estate: Sales Las Vegas market April 2014

RESALE AVAILABILITY IN LAS VEGAS REMAINS IN CHECK


RESALE AVAILABILITY IN LAS VEGAS REMAINS IN CHECK
 


THE BOTTOM LINE...Fundamentals in the southern Nevada housing market have been improving in 2014, particularly in the resale market. Resale closing prices edged up to $164,454 in April (+14.6 percent year-over-year), despite sales volumes that were below levels posted a year ago. Perhaps more insightful is the trend in resale availability. Since August of 2013, the number of available homes listed in the Multiple Listing Service (MLS) has remained in the 8,000-unit range. More important than the raw number of homes available is the effective level of inventory (the number of MLS listings divided by the number of MLS closings) - currently at 2.8 months. A closer look at availability by price range suggests an even tighter level of availability exists in certain price segments. For homes priced between $100,000 and $200,000, availability is less than 2.0 months, and for those priced from $200,000 to $250,000, availability stands at 2.3 months.  Homes priced between $250,000 and $300,000 reported availability that matches the market-wide average of 2.8 months.  Homes offered at prices exceeding $300,000 are reporting inventory levels in excess of 4.0 months. Anecdotal reports further suggest REALTORS® are struggling to find quality homes in desirable neighborhoods for qualified buyers, particularly for first time or move-up buyers. Job growth has been a key driver of demand for housing, and at the same time, the share of investor purchases has been declining. Cash sales accounted for 4 out of 10 resale closings in April, the lowest level since the height of the recession. Organic growth in housing demand (owner-occupants) provides more stability in the housing market over the long run.

NEW HOME HIGHLIGHTS


New Home Closings: New home closing volumes have been trending in a relatively tight range over the past several months. A total of 456 new construction units closed in April, which was on par with 454 reported in March. However, compared to a year ago, sales are off 29.8 percent. Year-to-date they remain down 22.6 percent.



New Home Pricing: Price points in the new home segment have moderated in recent months, reaching a median value of $285,089 in April. Despite three consecutive month-to-month declines, prices are up 19.7 percent from the same period one year ago. Average price per square foot reached $126, up 15.9 percent on the year.



New Home Supply: New home permitting volumes totaled 587 units in April, the highest level in six months. Through the first four months of the year, permitting is off 18.9 percent from the prior year; and, for the past 12 months, permits are down 5.1 percent.

EXISTING HOME HIGHLIGHTS


Existing (Resale) Home Closings: The resale market posted 3,863 closings in April, consistent with March's total of 3,837. April's tally was 13.3 percent below last year, and year-to-date resale closings are off 10.2 percent. A total of 46,004 resales closed in the last 12 months (-6.4 percent).



Existing (Resale) Home Pricing: Median pricing within the resale segment reached a new post-recession high of $164,454 (+14.6 percent year-over-year). Month-to-month price appreciation rates are slowing as a more stable balance between supply and demand has emerged.



Resale Availability (MLS Listings): The number of resale units listed in the Multiple Listing Service (MLS) was 8,549 in April, holding steady at 2.8 months of effective inventory.


Bank Foreclosures (Repossessions): Foreclosure volumes slid in April to 237 units.

Tuesday, July 8, 2014

China Fuels Surge in Foreign Purchases of U.S. Housing

http://blogs.wsj.com/economics/2014/07/08/china-fuels-surge-in-foreign-purchases-of-u-s-housing/?mod=WSJBlog

Las Vegas upswing from recession

2 Las Vegas resorts get overhauls, new names in sign of Sin City's upswing from recession http://www.foxbusiness.com/markets/2014/07/02/2-las-vegas-resorts-get-overhauls-new-names-in-sign-sin-city-upswing-from/

Skydive Dubai

A Skydive Photographer in Dubai: http://youtu.be/R8ApKNhgmGI

Brace for another record sale in auction

World’s Longest-Held Ferrari 250 GTO Up for for Another (Possible) Record Sale h Auction—Brace ttp://blog.caranddriver.com/worlds-longest-held-ferrari-250-gto-up-for-auction-brace-for-another-possible-record-sale/

AT&T says it will be the first carrier to sell LG smartwatch

http://www.reuters.com/article/2014/07/08/us-at-t-smartwatch-idUSKBN0FD1ZJ20140708?feedType=RSS&feedName=technologyNews

Mark Cuban Made Shark Tank Change Its Contracts

http://www.inc.com/will-yakowicz/mark-cuban-forces-shark-tank-to-remove-equity-clause.html

'Ellen' Is in China

Car maker Tesla sued in China for trademark infringement

http://www.reuters.com/article/2014/07/08/us-tesla-motors-china-idUSKBN0FD0TW20140708?feedType=nl&feedName=usbeforethebell

Tuesday, June 3, 2014

New low-cost airline, PEOPLExpress, to launch in June

Saturday, January 11, 2014

New listing on the Riviera:

Santa Barbara. Riviera 4bed/3 1/2 bath. offerd at $3.295,000 Originally built in 1925, find this wonderful example of a beautifully renovated Mediterranean gem overlooking the most mesmerizing ocean, island and city views. Follow the flagstone pathway surrounded by a lovely lawn and walk through the arched entry to find this tranquil house resting on a quiet ~.62 of an acre. This ~2800 sq.ft. property is located on one of the most sought after streets in the Riviera, near the famed El Encanto Hotel. The finest materials and attention to detail have been crafted offering four bedrooms, 3 ½ baths, arched windows, soaring ceilings, colorful handcrafted Moroccan tiles, and 12 inch wide distressed hardwood floors throughout. Visit it now in HD360: