Dr. Rick C. Ernst
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High End Real Estate

Vintage Hong Kong Lofts Are Back in Favor
online.wsj.com

For every 10 deluxe new high-rise apartments on the block, there is just one of these vintage units for sale, real–estate brokers say. That ratio … These vintage buildings still fall into the city's high–end category, where prices have risen the most …

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Real Estate Magnate Don Peebles Wants The L.A. Clippers
www.forbes.com

But Don Peebles, a New York-based real estate developer whose firm, Peebles Corporation, is one of the most successful black-owned businesses in the country with a commercial and residential portfolio of $4.5 billion, has his own idea of who the next …

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Suburban Cleveland industrial portfolio sells to out-of-state investors for …
www.cleveland.com

Joe Barna of Cresco Real Estate, a Cushman & Wakefield affiliate in Independence, said the team fielded local inquiries as well as interest from more far-flung buyers. The portfolio hit the market in August and was under contract by the end of last …

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Lakers' Jeanie Buss tells Patt Morrison about life at Pickfair mansion
www.latimes.com

It was a great real estate thing — 5 acres of land in Beverly Hills,” Jeanie Buss said. “When we went through it, I'll never … Such was Pickfair's status that it was in demand for high–end visitors and high–end fund-raisers. “It was like living in a …

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Dubai IMF Says Dubai May Need To Do More To Avert Property Bubble
gulfbusiness.com

Dubai may need stronger measures to counter property speculation in the emirate, a senior International Monetary Fund official said on Tuesday as it warned again about a potential real estate bubble. Growth in the … Business activity growth in the …

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Rental homes on the North Shore go fast
glenview.suntimes.com

High–end rental homes in the North Shore neighborhoods don't stay empty for long. Chicago Real Estate Daily reports: "When a red brick Colonial in Kenilworth went on the market last week, it attracted two offers the first day and was off the market by …

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City to host sale of back taxes amid concern about vacants
www.baltimoresun.com

"The idea is that it clears title and it's a way for cities to collect taxes, kind of privatize their tax collection, and then a new owner would get a clean title at the end of the day, but what we're finding is it actually has the opposite effect …

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Average price of single home in Toronto shoots up 13% to $965000
metronews.ca

Leading the real estate pack in terms of price growth were semi-detached houses. The average sale price across the GTA was up 11.6 per cent over April 2013. The 18 per cent jump in prices just in the City of Toronto sent the average sale price of a …

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Is This The End Of The Housing Recovery?
seekingalpha.com

In his recent Big Picture podcast, "Real Estate: Good for Investors, But Not All Homebuyers," Jim Puplava noted that the recovery in real estate is still underway, though is now mostly driven by institutional and high net worth investors in an …

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