luxury homes

Mortgage Rate Freeze: Who Wins and Who Loses

Rate Freeze
December 8, 2007
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by Roberta Murphy This months hot real estate question: Which homeowners will benefit from President Bush’s recent interest rate freeze for subprime loans? And who will be left out in the cold? It’s a question on the mind of both mortgage and real estate professionals alike. Drumroll. The winners, who may receive a five-year extension (and possibly even longer) on their low introductory mortgage rates, are those: Whose mortgage loans…

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Luxury Home Sales to Climb with Bonuses

by Scott Murphy Many top executives at large investment banking firms will be depositing some jumbo bonuses by the end of this month. Despite an overall bonus decrease of 10% due to months of multibillion-dollar bank write-downs and a spreading credit crisis, many will be pocketing some still-sizeable sums. Depending on which firm they work for and the position held, bonuses can range anywhere from up to $2 million to…

December 7, 2007
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American Expats Join Foreign Rush for US Real Estate

by Roberta Murphy It had to happen sooner or later. With the falling dollar, American real estate has become a screaming bargain to foreign investors around the world. Real estate prices in many prime US locales have already declined, and must be irresistible for those who are purchasing with Euros or Canadian dollars. Now, many Americans who have been living abroad are considering a return home, where the purchasing power…

November 21, 2007
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The Timeless Luxury Home in Vista, CA

Timeless Home
November 16, 2007
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by Roberta Murphy Sometimes you walk into a home, sense both timeless soul and serenity–and can’t help but smile. We recently listed such an estate in the beautiful hills of Vista, California. Its current and original owners are a spirited and beautiful international opera singer and her dashing husband, a retired professor of art. With loving attention to detail, it seems nothing was missed in the completion of this luxurious…

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The Witch Creek Fire

by Roberta Murphy I awoke at 4:30 a.m. yesterday morning with a sense of dread, quickly remembering that there is a demon called the Witch Creek Fire raging in the communities around our home in La Costa. It is just one of several mega firestorms raging in San Diego County–but is the one we fear(ed) the most. Monday afternoon, our Reverse 911 system called to inform us we are under…

October 24, 2007
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Sotheby’s Realty Debuts in San Diego

Owners of luxury real estate in San Diego should be celebrating because of the long-awaited arrival of Sotheby’s International Realty. It’s been a long time coming, but luxury listings in San Diego County will now reach the plasma displays at Sotheby’s Auctions throughout the world. Passing by the Sotheby’s real estate desk, an equestrian property in Rancho Santa Fe might tweak the interest of buyers attending a contemporary art sale…

October 3, 2007
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What Do Luxury Home Buyers Expect from their Agents?

by Roberta Murphy This is Part One of an ongoing series about Luxury Home Buyers, their expectations, origins and trends. This first article in the series will look at these buyers and what they expect from their luxury real estate agents. For some reason, I thought market knowledge and keen negotiating skills would head the list for luxury home buyers, but a recent 2007 membership survey conducted by the Luxury…

September 26, 2007
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Luxury Home Digest Makes “Top 100 Real Estate Blogs”

Tope Real Estate Bloggers
September 10, 2007
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by Roberta Murphy It came as a total surprise when I received an email from International Listings that Luxury Home Digest had been tapped as one of the top 8 Home Buying blogs in the country–and one of the top 100 Real Estate Blogs. WOW! I join the other winners in this category in thanking the judges at International Listings for this special real estate honor: Barbara Corcoran Ink: Barbara…

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50 Simple Feng Shui Tips

by Roberta Murphy I was asked to share some simple Feng Shui tips for home offices, written by Laura Milligan over at the Bootstrapper Blog. She lists 50 great ones, but I’ll tease you with a few she has listed in her article. In spite of a personal bookshelf full of Feng Shui education, I found these suggestions particularly useful in that I am currently refiguring my own home office…

August 31, 2007
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Richistan Home Prices Continue to Soar

by Roberta Murphy $50 million is the new $30 million, says Glenn Roberts over at the Inman News Blog–especially when it comes to high end luxury homes. Citing a 2007 Mid-Year Luxury Report by Stribling Private Brokerage, Roberts explains how just a few years ago, even a rumor of a $30 million real estate sale in Manhattan would create big buzz. But since the sale of a $53 million property…

August 21, 2007
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