RIVIERA BEACH, Fla. — Lone Pine Golf Course, long a cheap haven for weekend golfers and beginners near Palm Beach, will need to close to stem financial losses, one of its owners said. “We’re going to have to close the field,” said Joe Gerlach, who owns the field with four of his brothers. “We are … Read more
The luxury property market is clearly slowing down. Whether it’s the impact of rising US mortgage rates by 5.8 percent, stock markets around the world in a correction mode, fears of a possible recession in the United States, the absence of China in outgoing global tourism, persistent supply chain problems, or the Russian war on … Read more
The din of hammers and chainsaws has come to an end in Ocean Beach, at least for the summer as the town demands, leaving homes fit for the Hamptons in its wake. Slowly, in recent years, the charming little cottages, some over 100 years old and many little changed since then, have been replaced by … Read more
Caroline McDonald has spent her career working with very beautiful things. Before moving into luxury real estate, she was fully immersed in public relations, media and marketing for the worlds of art and luxury fashion. At Saks Fifth Avenue, Ms. McDonald got inside the heads of Chanel, Dior and Burberry consumers as she crafted corporate … Read more
Faith Wilson, President and CEO of FaithWilson/Christie’s International Real Estate Image Credit: Submitted/ FaithWilson/Christie’s International Real Estate While the ultra-rich don’t really care what interest rates are when it comes to buying homes, those aren’t the people who shop in the relatively modest luxury market in the Okanagan. That means people looking to buy luxury … Read more
President Biden is not the only one to visit Saudi Arabia: he is followed by swarms of tourists. But you’ll be forgiven if you haven’t yet booked the desert kingdom for your next vacation. The assassination of Jamal Ahmad Khashoggi in 2018 and a lifetime of draconian religious surveillance that kept women almost confined to … Read more
Dubai’s luxury real estate market will continue to rise in the second half of the year as limited stocks of premium and ultra-premium residential units will be unable to meet growing demand from both end-users and overseas buyers, say experts. experts. Industry specialists, analysts and market experts said demand for prime and ultra-prime property in … Read more
Take a look inside the lavish Westwood, Massachusetts estate that’s played host to A-list celebrities Hollywood stars filming in Boston used a home theater Updated: 8:30 pm EDT June 24, 2022 hide transcript Show Transcript WESTWOOD PROPERTY. THAT’S FIT FOR A STAR. IF YOU WANT TO EXPERIENCE THE LIFESTYLE OF A CELEBRITY, THIS HOME IN … Read more
Going once, going twice…gone. Once the hammer falls on a luxury real estate auction, the deal is done. That’s one of the key reasons sellers go the auction route: they know their home will sell on auction day. But in a low inventory environment where properties are selling at record rates and for more money … Read more
In addition to altering people’s lives and attitudes, the coronavirus pandemic has fundamentally altered businesses and the way they operate. This is not exclusive to the real estate sector. One of the reasons is that after the pandemic, the concept of home ownership has resurfaced, which has greatly boosted the business as a whole. Additionally, … Read more