residence

Rise in Luxury Home Foreclosures, Short Sales and REO’s?

Luxury Home Foreclosures
May 26, 2008
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by Roberta Murphy Luxury Home Foreclosures? It appears that even the luxury real estate market will not fully escape the financial ravages that are taking down less-expensive neighborhoods. Housing Wire asks: Has REO gone jumbo? To find out, they consulted with Integrated Asset Services, LLC in Colorado to see if foreclosures are moving up the real estate food chain. And though not all properties with loans in excess of the…

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Nouveau Luxury Home Buyers: Instapreneurs

by Roberta Murphy Who are these young and ultra-affluent buyers of homes in Rancho Santa Fe, Palm Beach, La Jolla, Aspen and Manhattan? Robert Frank, in his best-seller Richistan, calls them instapreneurs (didn’t he coin the term?). These are the new titans in technologies, who have benefited from a rise in financial speculation and governments that support free trade and wealth. Instapreneurs are not plodders when it comes to accumulating…

April 23, 2008
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Most Expensive Mansion in the World: Redux

by Roberta Murphy Last year, I wrote a short article about the worlds most expensive mansion in Mumbai, India being built by uber-wealthy Mukesh Ambani. In addition to arguably being the most expensive private home in the world (how about $1 Billion to build?), it will also be the tallest measuring in at 42 stories. Residence Antilla, though, will only have 27 stories, due to Ambanis desire for taller ceilings….

April 9, 2008
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Most Luxurious Home in Lake Tahoe

March 7, 2008
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by Roberta Murphy Thompson I love living in coastal San Diego, but have a special appreciation for mountains and mountain lakes. Among other mountain attractions, its the regularity of seasons, the deep blue water, the towering pines, and the snow pack that accumulates each winter. It is easy to imagine such natural beauty. Now, imagine a 210-acre mountain estate in Lake Tahoe (the tax-free side) with its own serene private…

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