I am seasoned enough to have had more than a few stoves and cooktops in my cooking life. There have been the ones I hate (Frigidaire’s electric/glass cooktop, for example) because they have no self control—and allow little from me. Favorites have included a great big commercial Garland with six burners, large oven, a salamander and a spacious grill. Those were the days! But the hands down favorite cooktop of my life…
Wealthy Homes Rarely Invaded–at Least in the U.S.
by Roberta Murphy Thompson Home invasions of the wealthy are rare, says Mark Bauer, staff writer for the San Diego Union Tribune. His article in this morning’s San Diego Union Tribune reminds us of: 1. The highly-publicized 1974 Patty Hearst kidnapping by the Simbionese Army She was granddaughter of publishing mogul William Randolph Hearst. 2. The $2.7 million ransom paid in 1973 for the release of an oil billionaire’s grandson and namesake, John Paul Getty II–-which…
Home Pricing Dangers
by Roberta Murphy Real estate pricing has become a minefield… particularly for homebuyers and homesellers in volatile markets such as California, Nevada, Arizona and other former hot spots. As real estate markets shift, the old comparable sales model for offers and pricing may no longer be quite so valid–and could in fact be dangerous. If sellers overprice their properties–based on prior sales that may have occurred some months ago–they run…
How Move.com Could Murder HouseValues.com….
The following article, written by Roberta Murphy, originally appeared on The Real Estate Tomato, and has been republished here for our readers enjoyment. If Move.com Wants to Murder HouseValues.com Here’s How I Think It Should Happen. Plotted by: Roberta Murphy I don’t think Move.com has a homicidal eye on HouseValues, but perhaps it should. If Move.com wants to meet its impressive goals, it must. HouseValues with its drip system is/was…
Redfin Security Issues
I just overheard a news report that Redfin is coming to San Diego, and I am tapping my pen in wonder. I imagined one of our San Diego real estate listings and I imagined receiving a call from a stranger asking to see the property. In the natural course of conversation, I would ask if the caller was working with an agent. If the caller responded that they were working…
Prestige Index: San Francisco
The San Francisco real estate market is almost one unto itself. But that is another article for another day. What we are reporting on is First Republic Banks Prestige Index, which covers the huge California real estate market. And this final article in the series focuses on the results for upscale home in the San Francisco metropolitan real estate market. The perpetually hot (huh?)San Franciso Bay area rose a slight…
Bluebloods of Blogging
Comes close to describing some of the attendeesand I sure like the sound of it! Yesterday a large group of real estate bloggers met at the Internet Relevance presentation in Long Beach, CA to hear Dustin Luther (left), founder of Rain City Guide, speak about the intricacies and benefits of real estate blogging. And speak he did, at about the speed of a machine gun going full blast! There are…
Prestige Index: Los Angeles
by Roberta Murphy With a drumroll, lets reveal and discuss the results of First Republic Banks Prestige Index for Los Angeles, California. Our earlier article about San Diegos Prestige Index offered some interesting data. Hopefully our report on the Los Angeles luxury home market wont disappoint! As might be expected, the pace of luxury home appreciation in Los Angeles has cooled somewhat, but is far from being in the tank….
The Prestige Home Index
by Roberta Murphy First Republic Bank has created the first statistical model The Prestige Home Index that measures changes in home values in excess of $1 million in key California markets. What are some of the common features of these indexed homes? They have at least 3000 to 6000 feet, three to six bedrooms and three to six bathrooms, according to the study. Many are substantially larger. Digested reporting of…
Neverland for Sale? Or Not?
by RobertaMurphy There was lots of year-end buzz about pop singer Michael Jackson selling his 2800–acre Santa Barbara County Neverland Ranch. Rolling Stone first reported that Jackson was trying to market the Santa Ynez ranch to soccer luminary David Beckham and his wife Victoria (Posh Spice). Those rumors had hardly been quieted, when another started making the rounds about Jackson selling Neverland on the Bravo television reality show, Million Dollar Listing: Hollywood—with…
