Ultra-high-end homes are on the market for tens of millions in Door County, Wis., and other unexpected spots. What are they doing there? Homes that cost $10 million or more are expected to boast certain luxuries, and the gated compound called the Brentwood has all the amenities a trophy home should: a three-tiered screening room, [...]

• 0 Comments

NEW YORK – Mortgage rates fell for the second straight week to the lowest point in five decades. But many people either dont qualify for new mortgages or have already taken advantage of the low rates this year.As a result, the housing market and the broader economy may not benefit much from the lower rates.The [...]

• 0 Comments

“Most of the homes we looked at ended up being short sales,” she said. Not surprisingly, the couple ended up buying their dream last month, a 6,000-square-foot home with all the bells and whistles, via a short sale at a sizeable discount in South Jordan. In Salt Lake County, for example, nearly one-quarter of all [...]

• 1 Comment

Hey I thought I’d run this idea by you because I think its great…   There are a bunch of homes in areas in Salt Lake County (Magna, Rose Park, Kearns, West side Salt Lake, etc) that have a great potential for remodels. The reason they have great potential is because the homes are pretty [...]

• 0 Comments

UPDATE 1-Senate votes to extend US home tax credit deadline | Reuters. Well, lucky for all those that waited. Check out this interesting article about extending the Housing Tax Credit.. BONDS |  GLOBAL MARKETS June 16 (Reuters) – The U.S. Senate voted on Wednesday to give homebuyers another three months to settle on their contracts and [...]

• 1 Comment

Tax credits fuel 6 pct. rise in April home sales – Yahoo! News. Some interesting articles have been coming out about an increase in home sales.. You know many people in the industry are having mixed feelings about what is to come in the coming months? I have heard in Salt Lake City UTAH, some [...]

• 0 Comments

Huntsman family acquires Sothebys real estate franchise – Salt Lake Tribune. Huntsman Family acquires Sotheby’s Franchise in Idaho and Wyoming. The luxury Real Estate Brad of Sotheby’s international has a new owner.. The Hunstman Family.. Many in the Salt Lake Valley are familiar with the household name of the Huntsman’s.. Interestingly, the Hunstman Family has [...]

• 0 Comments

Foreclosures Hit Rich and Famous – WSJ.com. So I thought to follow up with my earlier post today about Luxury Yachts, You all would enjoy to know even the Rich and Famous are suffering through this down Turn. Apparently they can no longer afford the 20,000 sq. ft. mansions they call their 3rd homes! The [...]

• 0 Comments

A Tour of Andrey Melnichenkos $300-million, Philippe Starck-Designed A Yacht – WSJ.com. You know as I sit here looking at properties for all my clients I come across this website. In a down economy, I am glad to see the billionaire’s of the world can still aford life’s small luxury’s.. This is great, what they [...]

• 0 Comments

The big news today across the financial world is that the yield on 10 year Treasury bonds (also known as government debt) has risen to 4%. One of the reasons the yield rose is because there isn’t as much demand for goverment bonds right now. The lessened demand for this goverment debt was spurred on [...]

• 0 Comments