Dr. Rick C. Ernst
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High End Real Estate

LVR house price impact muted
www.stuff.co.nz

Sales data from Auckland real estate firm Barfoot & Thompson and the Real Estate Institute of New Zealand showed a more pronounced drop in sales at the lower end of the market. The number of sales under $400,000 fell 12 per cent in the fourth quarter …

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Turkey's Turmoil Puts Property Market at Risk
online.wsj.com

… at a record pace. The real–estate industry has anchored a 5% average growth rate in the $800 billion economy since 2002, accounting for 30% of gross domestic product over that period, according to Intes, Turkey's union of construction-industry …

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Beijing Signals New Worry on Growth
online.wsj.com

The suggestion of more lending to buoy growth—despite repeated recent efforts to rein in debt—is the latest sign of government unease that a slipping economy could trigger higher unemployment and corporate failures, aggravating already high social …

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Country Music's 'It' Couple Puts Down Roots in Nashville
realestate.aol.com

Country music's current "it" couple, Blake Shelton and Miranda Lambert, have long been proud of owning a home in Oklahoma, where Blake is from, and quietly added to their real estate stable by buying a large house near Nashville last summer. Lambert …

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Damac's 2013 profit triples
www.khaleejtimes.com

He said Damac has a clear and sustainable long-term plan focusing on luxury real estate in Dubai and the wider Middle East. “Our business model, combined with Dubai's strong economic fundamentals, regional safe-haven status, improving business …

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Vancouver real estate prices break records
www.theglobeandmail.com

But the board cautions that average prices give a skewed picture of the market because sales of many high–end homes boost the figures to well above other transactions that are considered more typical. The board prefers to focus on the benchmark index …

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Real estate snapshot: Prices high, inventory low
www.bringmethenews.com

In its monthly State of the Real Estate Market analysis, the real estate blog Movoto found that Minneapolis experienced the largest year-over-year increase in its index that measures median price per square foot. Prices in the Minneapolis … The Star …

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High-end US developers use valuable artworks to draw in potential buyers
www.scmp.com

"People who buy high–end real estate tend to have art and culture as a huge part of their life," said Randy Char, senior vice-president of operations at the luxury One Queensridge Place condo in Las Vegas. "We definitely had that in mind when we …

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Real Estate Expert Pictures Luxury Tenants In Tower
www.wgrz.com

But one local real estate expert sees a high–end transformation to the tallest building in Buffalo. Peter Hunt, chairman and CEO of Hunt Realty, agrees with most experts that "mixed-use" is the best approach for the building's future. That means a …

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