by Roberta Murphy A dear friend who bought her 1970’s-vintage La Costa home ten years ago recently experienced a flooded bathroom that required the removal of drywall. Discovered behind that wall was the dreaded A-word: Asbestos. She will have to move out of her home so that the guys in white suits and masks can come in and remove the lethal substance. Chris is taking it in good stride, and…
by Eve Sieminski When not engaged in San Diego real estate, cooking, travel and other ventures, you just might find me twittering on Twitter. In fact, by keeping my Mac PowerBook close at hand, I just might be reporting on and following thoughts, ideas and friends via Twitter, that ubiquitous social networking site (just follow me @EveSieminski). Six months ago, I would never have dreamed of discovering a favorite wine…
by Roberta Murphy For those who still haven’t made travel plans, there may be some surprising resort bargains to consider–while other large and super-luxurious resorts are stalled under construction and financing difficulties. Crisis in Paradise via Breitbart shares some disturbing news: Cap Cana, a luxury resort under development in the Dominican Republic is now reportedly paralyzed. A mega resort with four luxury hotels, villas (with roof tiles on the ground),…
by Roberta Murphy Every library should try to be complete on something, if it were only the history of pinheads. —Oliver Wendell Holmes, Sr. (1809-1894) A home library, more than any room in a home, has the potential to reflect the essence of its owner. Here is a place to organize and keep those books that are both acquaintances and lifelong friends. The home library is also often where collections…
by Roberta Murphy Insuring luxury homes can be a real challenge, especially when trying to calculate replacement value for things like architectural artifacts, beloved creaking stairs or even elephant hide wallpaper. Luxury home insurance wasn’t of that much interest to me–until I read of an appraiser who tried to figure out the replacement value of elephant skin wall coverings in a Seattle manse. That appraiser, James King with the Chubb…
by Roberta Murphy Once upon a time, we whispered about the “F” word creeping into luxury real estate. These days, it is common real estate talk. The Wall Street Journal quotes Realty Trac reporting that the number of $1-plus million homes in some stage of foreclosure has ballooned to 7,968 between January and August this year. This compares to 4,214 during the same months last year. Within these numbers, it…
by Roberta Murphy A pair of $53.5 million New York Plaza penthouses were sold to Russian hedge-fund manager Andrei Vavilov–which would have made it the second-highest residential sale in New York City history. Andrei Vavilov, though, is one very upset buyer. He and his wife, Russian actress Maryana Tsaregradskaya, are outraged with low 9 foot ceilings, an unexpected and massive column in the living room, and an exterior drainage grate…
by Eve Sieminski As summer hurls to a close, I had to review one of the best white wines I have ever sipped. I stumbled upon the Zolo Torrontes one day at our local Costco. What caught my eye was the markdown. The week prior this wine was $8.99 a bottle–and now was only $4.97! Even at that price I was skeptical, because I am not a fan of South…
This is a continuation of last week’s discussion with real estate and luxury home legend Bob Dyson, who has a radical proposal that is being quickly embraced by Realtors, lenders and local Real Estate Boards. Why resort to radical resolutions? Because, says Dyson “This is a real estate depression–a serious, serious issue.” He sees an immediate need to stabilize real estate markets and neighborhood values. He also believes the motgage…
by Roberta Murphy Last Thursday, I had the opportunity to sit across from Bob Dyson at his office in Del Mar and listen to this real estate legend discuss today’s real estate market. We were also fortunate to have Chris Dyson videotaping much of the discussion, which we have divided into four segments. At the start of our interview, Bob Dyson said these are the worst conditions he has seen…
