Dr. Rick C. Ernst
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High End Real Estate

A slump at the very top of Israel's property market
www.haaretz.com

Israel's luxury home market came on strong in 2013, with the most action it has seen in three years. But the tiny market for super-pricey real estate at 10 million shekels ($2.85 million) or more remained in a rut. Although there has been no shortage …

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Jakarta: The Luxury Property Capital of the World
www.thejakartaglobe.com

Nowhere in the world offered a better return on high–end property investment in 2013 than Indonesia's capital, a leading global real–estate consultancy based in London said. “The growth of the economy and the property sector might get slower — it …

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Vancouver Real Estate Market Ponders Loss Of Wealthy Asians
www.huffingtonpost.ca

He expects there to be a dramatic effect on the local real estate market, with the luxury end being most under threat. "The immediate impact is a heads up to Vancouver real estate agents, who have to expect a reduction in demand for top-end properties …

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Vancouver's real estate prices likely to be affected by axing of wealthy …
www.theprovince.com

The cancellation of the federal government's Immigrant Investor Program will likely affect real estate prices in high–end neighbourhoods, experts said Wednesday. The federal program, intended to bring in wealthy immigrants to contribute wealth and job …

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Chinese Join Winklevosses in LA Luxury Home Hedges: Mortgages
www.businessweek.com

“The money is flowing here,” Jeff Hyland, president of Hilton & Hyland, an affiliate of Christie's International Real Estate that completed sales on $1.9 billion in homes last year, said in a telephone interview. “London's a place to park your money …

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Chinese Join Winklevosses in LA Luxury Home Hedges
www.bloomberg.com

“The money is flowing here,” Jeff Hyland, president of Hilton & Hyland, an affiliate of Christie's International Real Estate that completed sales on $1.9 billion in homes last year, said in a telephone interview. “London's a place to park your money …

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Strong Sales in Austria's Luxury Real-Estate Market
online.wsj.com

This may sound like a headache, but all the top-end real–estate firms now have experts to carry out this process for their overseas clients. "Is it expensive? For people who are spending millions of euro on a property it is peanuts," says Mr. Marschall.

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Maez Group, Albuquerque Luxury Home Specialists, See Higher End of Market …
world.einnews.com

ALBUQUERQUE, NM, USA, February 12, 2014 /EINPresswire.com/ — Albuquerque, New Mexico real estate agent Joe Maez, who specializes in the luxury real estate market, says the high end of the market appears to be picking up steam in 2014.

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Senegal tenants celebrate mandated rent cuts
www.islandpacket.com

DAKAR, Senegal — A new law mandating across-the-board rent reductions in Senegal is a double-blessing for real estate agent Abdul Aziz Sylla. Along with paying 14 percent less each … High–end buyers from countries like Nigeria have also increasingly …

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