Wondering about Luxury Home Trends for 2019? Here are some things you might want to consider in your purchase or remodel of your luxury home. By Jennifer Karami While the average sale price for luxury homes nationwide rose 4.7 percent annually to $1,772,000 in the fourth quarter of 2018, a few things remain constant: the kinds of features and luxury home trends associated with high end residences. Money can buy you a…
by Roberta Murphy Realtors in California were groaning when the new tax laws hit this year. Luxury home sales were sure to crash and burn. You see, the new tax code puts a limit on how much one can deduct in state and local property taxes–as well as income or sales tax–up to a measly total of $10,000. So when new tax laws went into effect, high profile experts were…
Now may be the time to grab one of those luxury homes you’ve been watching. The price of luxury homes varies from market to market. In some, it could be $700,000 and others over $2 million. In the San Diego luxury home market, we see luxury homes priced north of $2 million languishing on the market a little longer than ones priced below that number. On the other hand, that…
Though not exactly my taste, this hidden castle in Newport, Oregon is absolutely magnificent–and beyond amazing. Yahoo reports that this average-looking suburban home hides inside a Renaissance-era castle, with hand-carved columns, exotics woods, 400-1000-year old priceless furnishings, tapestries, gilded ceilings and precious luxury fabrics that run $150 per yard. In fact, the dining room draperies are estimated to have cost around $14,000. It is, in other words, a hidden castle. The…
by Audrey Ross Miami is quickly becoming a global city known for its luxurious residences. According to the Frank Knight, LLP’s wealth report, Miami ranks number 7 in the top 10 list of cities that matter the most to high net worth individuals, and it is expected to remain on the top 10 list of global cities through 2025. New York and Miami are the only two USA cities to make…
Once in awhile, a listing comes along that that will literally blow your socks off and force your feet into flipflops. That’s what a Tommy Bahama home would look like to me. This gorgeous single story custom pool home in Fallbrook offers breezy 360 views plus luxurious upgrades and extras that we can only begin to describe. And more photos will follow in the next few weeks as the listing prepares…
Jumbo Loans are Back with a Bang to Fuel the Luxury Real Estate Market by Selena Cowell Is the luxury real estate market on the mend? Home sales and prices are gradually rising in those places where the wealthy would like to plant their mailboxes–such as Chicago’s North Shore, the San Francisco Bay area, the haute Hamptons and the Rancho Santa Fe and La Jolla areas near San Diego. According…
by Roberta Murphy–At $600,000 per month, the Beverly Mansion in Beverly Hills, is most likely contender for most expensive luxury rental in the nation. And it’s got an interesting history as well. It was in the Beverly Mansion that the infamous horse-head-in-bed scene was filmed for The Godfather. John F. Kennedy and his bride honeymooned in the Beverly Mansion. Kevin Costner and Whitney Houston filmed scenes for The Bodyguard here. Marion…
Between Rancho Santa Fe and the beaches in Encinitas sits an irreplaceable plot of land that surely belongs to another century. The wide and expansive rear lawn backs up to pasture, wetlands and forest beyond. Family of deer come grazing and cows come to visit when the lawnmower is at work. Late afternoons, it is not unusual to see colorful hot air balloons gliding across the sky–and the stars at…
Making Your Home Look Luxurious Without Breaking the Bank When purchasing a home it comes down to price, function and luxury. Most people look for and want as many luxuries as they can get for the right price. In new home purchases, these are often called “upgrades,” and they can run into thousands of dollars. For those who can’t afford a total remodel or who prefer not to spend a…
