How the newly passed Fiscal policies might affect property owners in America? In order to determine the new policies affect on real estate, we first have to understand them. Here are the major things in the deal that you need to know about: Income taxes: The Bush-era tax cuts will remain permanently in place for [...]

After a soft 2011, the luxury home market made a comeback in 2012, driven by growing buyer confidence, strong foreign demand, low mortgage rates, more realistic sellers and sharp drops in the number of home listings. Sales of homes priced at $1 million and above rose by 9% in the first nine months of 2012 [...]

SOLD: $300,000 per month 23402 Malibu Colony Road, Malibu, California 90265 Ultimate Malibu Colony estate on rare double lot. Prime oceanfront home offering the best in luxury beach living. Designed for entertaining and lounging, this exquisitely furnished 6 bedroom, 6 bathroom masterpiece boasts an open patio with spa and outdoor bbq, bar, flat screen, and [...]

SOLD: 34,500,000 9577 Sunset Boulevard, Beverly Hills, California, 90210 Its no surprise that the highest sale of the summer for residential real estate was in Beverly Hills, CA.  This exceptional home was bought by  foreign investors and the transaction was closed in less than a month.  With ultra high end real estate trading at ultra [...]

Data, data everywhere, but what should you believe?  Are we on, in the middle, or at the tail of a deflating real estate bubble?  Is there a Florida real estate bubble? There is A LOT of conflicting data emerging about the 2012 real estate market and 2012 real estate transactions.  Case-Shiller has emerged as the [...]

Legal mistakes are not all that you have to watch out for.  Emotional Mistakes can be  just as costly.  If you’re currently a seller take a look at the most common Emotional Traps listed below and ask you’re agent for their opinion if you need an outside perspective. Emotional Trap #1: Pricing High Youʼve loved [...]

A Southland home sales recovery gained steam in February as a record number of deep-pocketed investors snapped up distressed properties at bargain-basement prices. With so many purchases of low-end homes, median prices remained in a slump.  The influx of cash from speculators helped push February sales to their highest level for that month in five [...]

The activity on the low end helped push the region’s median price down 3.7% from February 2011. At $264,750, the median — the point at which half the homes in the region sold for more and half for less — is now just 7.2% above the market’s 2009 bottom, reached during the worst of the [...]