by Roberta Murphy Luxury Home Foreclosures? It appears that even the luxury real estate market will not fully escape the financial ravages that are taking down less-expensive neighborhoods. Housing Wire asks: Has REO gone jumbo? To find out, they consulted with Integrated Asset Services, LLC in Colorado to see if foreclosures are moving up the real estate food chain. And though not all properties with loans in excess of the…
Solar Panels for the Green Luxury Home
by Roberta Murphy Upon first seeing these beautifully-designed solar panels, I couldn’t help but imagine other applications and modifications for the green lifestyle–whether it be in the luxury home, a school yard, a country club or off-the-grid project. Imagine these cobra-shaped shades as swiveling solar panels that take the place of outdoor umbrellas around the pool. Or as bus stop shelters or airport curbside check-in. The possibilities are endless and…
Troubled Homeowners: Beware the Predators
by Roberta Murphy The real estate predators are always there–in good times and in bad. There are whispered stories in real estate circles of certain escrow and loan officers who, in the heady days of real estate, slipped deeds into the stacks of papers homeowners were signing as they refinanced their homes. The deed, of course, moved the property into the predator’s claws. As the Discovery Channel shows, predators will…
A Call to Luxury Blogs and Bloggers
by Roberta Murphy I love luxury and enjoy reading luxury blogs. Unfortunately, it can be difficult to visit them all to ferret out the latest in luxury news. One solution is to create a luxury blog network that will syndicate content from the best luxury blogs–whether they are focused on bling, luxury travel, luxury real estate, luxury clues, luxury furnishings or just the rich and famous. The Luxury Blog Network…
Meet This San Diego Real Estate Blogger in San Francisco!
by Roberta Murphy I attended the Inman Connect event in San Francisco last year and met lots of people I knew only from the real estate blogging world–and others who would become good friends. Could I resist missing this event, where we can peer over the bloody edge of the envelope and see what’s in store not only for the real estate market, but in the technologies that serve and…
Luxury on a Gold-Plated Shoestring
by Roberta Murphy I call Eve Sieminski the Polish Contessa. She loves fine jewelry, expensive hairstylists and fine wine. I don’t know where Eve shops for jewelry or what deal (if any) she strikes with her hairstylist, but we follow her wine recommendations religiously. Eve truly knows how to serve luxury on a gold-plated shoestring. You see, the Polish Contessa, has no problem pouring a classless wine down the drain,…
Nouveau Luxury Home Buyers: Instapreneurs
by Roberta Murphy Who are these young and ultra-affluent buyers of homes in Rancho Santa Fe, Palm Beach, La Jolla, Aspen and Manhattan? Robert Frank, in his best-seller Richistan, calls them instapreneurs (didn’t he coin the term?). These are the new titans in technologies, who have benefited from a rise in financial speculation and governments that support free trade and wealth. Instapreneurs are not plodders when it comes to accumulating…
Is Hacking a Restraint of Trade–or a Vicious Crime?
by Roberta Murphy Deepest apologies to those of you who were unable to access Luxury Home Digest this past week. It seems we were the victim of a malevolent hacking attack last Sunday night, whereby all of our content was deleted–on not only Luxury Home Digest, but San Diego Previews as well. Thanks to the tireless work of blogging gurus at the Real Estate Tomato, we have been able to…
Most Expensive Mansion in the World: Redux
by Roberta Murphy Last year, I wrote a short article about the worlds most expensive mansion in Mumbai, India being built by uber-wealthy Mukesh Ambani. In addition to arguably being the most expensive private home in the world (how about $1 Billion to build?), it will also be the tallest measuring in at 42 stories. Residence Antilla, though, will only have 27 stories, due to Ambanis desire for taller ceilings….
La Costa Villas Offer Big Investor Bonus
Roberta Murphy Investors are moving back into the San Diego real estate market with impatient wallets. And luxury real estate investors are no exception. They are seeking well-priced foreclosures, pre-negotiated short sales and most favored of all: Real estate investments with income streams. So-called bargains in sub-marginal areas may not be the wisest real estate investment move anywhere. Perceived bargains in outlying markets may be nothing of the sort, and…
