Dr. Rick C. Ernst
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High End Real Estate

The economic roots of Hong Kong's fight with China
www.washingtonpost.com

That means apartments, luxury goods, and, of course, baby milk formula. It's all about status, prices, and trust. There is no better way for mainlanders to show that they've really made it than to buy up property in Hong Kong. The real estate appetite …

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Reese Witherspoon Sheds Brentwood Compound
variety.com

YOUR MAMA'S NOTES: Reese Witherspoon and her Hollywood power player husband Jim Toth have been on a serious real estate tear the last few years, buying and selling a series of multi-million properties a clip that's lickety-split even amongst …

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Head of International Narcotics Trafficking and Money Laundering Organization …
www.fbi.gov

Tardón was also ordered to forfeit a significant number of assets, including luxury real estate, cars and bank accounts. After a seven-week trial, Tardón was convicted on one count of conspiracy to commit money laundering and 13 substantive counts of …

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Sarasota skyline changing with luxury condos
www.wtsp.com

Sarasota, Florida – The real estate market in Downtown Sarasota is rising… literally, with 18-story high rises of luxury condos, affordable for the wealthy. With shovels in hand, Sarasota city and county commissioners — along with developers …

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Giant Condo Tower Needs More Billionaires
www.bloombergview.com

In post-crash Manhattan's high–end real estate, few projects loom larger or more visibly than the 1,004-foot-high One57, the tallest residential-hotel building in New York. This is a rarefied market, with two penthouse units selling for more than $90 …

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Reader's Watchdog: Home seller chafes at contract
www.desmoinesregister.com

Maria Rothmeyer doesn't have a bad thing to say about RE/MAX real estate. She just wants to part ways. The widow's high–end corner house listed at $300,000 in Ankeny has yet to sell after six months on the market. The problem: She signed a one-year …

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The End of Monetary Policy
www.forbes.com

Stock and real estate prices go up; new private equity and credit deals abound; and corporations get loans at low rates with ridiculously easy terms. Subprime borrowers have access to credit for a cornucopia of products. What was Paul Volcker really …

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'Affordable' homes planned in Desert Hot Springs
www.desertsun.com

The homes offered in the three new subdivisions will range from the high $200,000s to low $300,000s, a spectrum widely considered by agents to be “affordable” starter homes for an average household. They'll be … In August, the median price of homes …

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Microsoft to Open Fifth Avenue Store
online.wsj.com

Upper Fifth Avenue, known as a high–end retail destination for both tourists and locals, also boasts some of the city's highest retail rents, with an average asking rent of $2,749 a square foot as of the second quarter, according to Cushman & Wakefield …

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