by Roberta Murphy Speaking of gossip. Legendary Kirk Kerkorian has just cut the $25 million asking price of his 30 acre Beverly Hills mansion to a reasonable $18 million, after it has languished on the market for nearly a year. His lovely gated estate boasts a Mediterranean-styled main home, two guest cottages, two pools, two tennis courts, a putting green and lots of room for expansion. The Wall Street Journal…
by Roberta Murphy Gossip: It is a loaded word that alternately intrigues and informs, delights and dismays. Last weeks blog on real estate gossip, for example, raised the hackles of a few agents and the interest (and some concurrence) of others. As for me, Ive enjoyed the diversion and have paid much closer attention to the frequency with which it occurs in my own professional life as a San Diego…
by Roberta Murphy Last summer we sold a lovely $1.8 million Carlsbad, CA home to an out of area partnership. One partner lived in Los Angeles, and the other in New York. It was to be their La Costa retreat in paradise, and a place to meet potential clients. In two short months, this paradise has turned into a real estate nightmare that could rival that 1990 Melanie Griffiths film, Pacific…
by Roberta Murphy Real estate gossip can be golden. This isnt a reference to catty back-biting that might center on flings, blings or lifts. Rather, it is the very specific, professional and constructive whispering that goes on between real estate agents who trust one another. It is information savvy buyers crave. And this phenomena is not peculiar to the San Diego real estate market. This unpublished information shared between professionals…
In December, there was lots of buzz about hefty year-end bonuses being paid to Wall Street performers. Many were wondering how these flush folk would spend the largesse. Would it go for bonds, or bling or luxury real estate? The latter would seem a likely and comfy target. Even though home sales slowed down overall during 2006, the ultra-luxe end of the market has flourished. Luxury home sales at $5…
