Luxury Info

Rooms and More Rooms in Luxury Homes

Rooms for outdoor entertaining
December 17, 2007
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by Roberta Murphy What kinds of rooms might go into a luxury home? The possibilities are as varied as lifestyles. I recall a luxurious mansion in Houston’s lovely River Oaks that had, in addition to every other conceivable room, a luggage room. It was a sensible space that accommodated the traveling owner’s large collection of leather suitcases, trunks and garment bags. When a trip was planned, the butler would retrieve…

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Dreaming of Costa Rica Luxury Real Estate….

by Roberta Murphy More and more people from around the world are choosing to spend at least part of their lives in coastal Costa Rica–and more than a few decide there just might be no better place to spend the rest of their lives. Why? 1. A warm climate, beaches, mountains, jungles–and breathtaking biodiversity. The people and government of Costa Rica are committed to preserving Costa Rica’s clean air, beautiful…

December 13, 2007
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Real Estate Fraud: Cash Back and Consequences

Fraud
December 4, 2007
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by Roberta Murphy Opportunities for real estate fraud couldn’t have been more ripe than in 2005 and 2006, when real estate prices started to quietly soften–especially in fertile markets like San Diego, Phoenix, Las Vegas and Miami. Home prices in these areas had rocketed to unsustainable levels, and some of the micro markets within these areas had already started to stall as early as 2005. By 2006, market time and…

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21st Century Clocks

World Clock
November 30, 2007
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by Roberta Murphy Thompson This futuristic clock doesn’t necessarily belong in the luxury home discussion, but it certainly provides some interesting global details: Abortions are far more prevalent than marriages. There are more divorces than HIV infections. Bicycle production still far exceeds auto production. Bicycle production also outpasses the manufacture of computers. Respiratory disease is far more prevalent than STD/HIV and AIDS. Suicides are more common than violent deaths. And…

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Real Estate Exchanges: Banter and Barter

by Roberta Murphy Yesterday afternoon and evening were devoted to Leaving Las Vegas. I was tired of long lines at the airport, anxious to get back to San Diego, and was dismayed to hear the Southwest flight had been delayed two hours. I spent much of the time catching up on email, reading about Costa Rica and near the end of the wait, met David Greenberger, a real estate attorney…

November 16, 2007
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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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The Luxurious Closet

Luxury Closet
October 18, 2007
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by Roberta Murphy In our coastal San Diego luxury real estate market, buyers are almost manic about their closets–and especially the ones in the master suite. Luxury home buyers are most pleased when there are separate closets for each–or if single, closets for the seasons. The compleat closet in the luxury home will be spacious, well lighted and masterfully organized. It is a room where we prepare ourselves to meet…

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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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An Appeal for Credit Amnesty

by Roberta Murphy There is a tsunami of wrecked credit that has only begun to hit the credit reporting bureaus. Many of the victims are those whose FICO and credit scores have been demolished by short sales and foreclosures. With the short sales, or short pays as they are sometimes called, the mortgage lender has agreed to accept less than what is owed on the home–and where more is owed…

September 27, 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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