For buyers interested in Cancun Real Estate, one of the main attractions is the luxury lifestyle (at non-luxury prices) on Cancun's world-famous beachfront. From an investment perspective, however, it is just as important to consider Cancun's movement towards becoming a world travel hub, which will increase travel through and to Cancun, and consequently increase international interest in and demand for real estate.
Tuesday, March 23, 2010
Reuters - A foreclosure auction for the 270-room W New York-Union Square was canceled on Tuesday after the owner of the luxury hotel filed for Chapter 11 bankruptcy protection.
Wednesday, February 24, 2010
AP - Toll Brothers Inc. said the slow recovery of the housing market helped the luxury homebuilder post a narrower loss in its fiscal first quarter.
Wednesday, February 24, 2010
AP - Toll Brothers Inc. said the slow recovery of the housing market helped the luxury homebuilder post a narrower loss in its fiscal first quarter.
Thursday, September 3, 2009
Luxury homes used to be immune to market downturns, but this recession is different. The housing market is volatile at all price levels. While low and moderately-priced housing markets have taken off in many parts of the country, the higher-end market is still struggling . Sales are slow and more price declines are imminent. The problem in the luxury homes market was exacerbated by job losses , resetting of adjustable-rate mortgages held by loan borrowers, as well as lack of av
Thursday, April 30, 2009
Real estate investing expertise can certainly accommodate the luxury home market. In some ways, the upper end of the housing marketplace produces easier success than the lower end. More skill, however, is required to sell the luxury home. But more important, supply and demand is critical in selling the luxury home. To get “stuck” with any home that does not sell easily can be treacherous, but sluggish sales for the luxury home can be disastrous. “Cheap homes” are at the other end of the housin
Monday, April 6, 2009
I must be honest. It takes all of my energy to summon a reply to what might be referred to as a “clarifying” blog post of Mark Skapinker from this past weekend; and by clarifying I mean he is making some elements of his interview more clear, and at other times advising that he was misquoted by the journalist involved. That’s the luxury of having a blog: if you ever get misquoted by the Fourth Estate, you can just rattle off a post to fix their errors. As you may recall, Mr. Skapinker pro
Monday, March 16, 2009
My apologies for the long periods of silence on this blog - I’ve been all cash since October 5th and intend to stay that way for awhile longer. Not that I don’t look at the market, in fact, I look at it constantly with the luxury of having no emotional investment at stake. And so after watching the meltdown and things get worse each day, (and when I noticed that the market has to rise around 70% just to get to where it was 10 years ago! (it was 90% last week) ) I decided to do a little research
Tuesday, February 24, 2009
Sun Hung Kai Properties has generated 3.5 billion Hong Kong dollars (451.6 million US dollars) in revenue over the past two weeks from the sale of 150 units at the Cullinan, according to local media on Monday. The Cullinan, an 825-unit project, is the luxury residential project of the local developer’s new development at MTR’s Kowloon Station. Victor Lui Ting, an executive director of Sun Hung Kai Real Estate Agency, said the sales had been achieved in the two weeks to yesterday at an averag
Wednesday, February 11, 2009
AP - Toll Brothers Inc. said Wednesday its preliminary revenue slipped 51 percent in the first quarter, failing to meet Wall Street expectations as the housing market downturn continued to weigh on the luxury homebuilder's results.
Saturday, May 22, 2010
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