Dr. Rick C. Ernst
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High End Real Estate

Luxury market in Reno, Tahoe thriving, Coldwell Banker staffer says
www.rgj.com

Though Rancharrah and Cobb's home are “anomalies” because of their size and price, the luxury market is moving up, according to Bryan Drakulich of DoMore Real Estate Drakulich Realty. People sell their home in California to buy bigger, better homes for …

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Gaia pays $14.6M for Corinthian floor, plans condo conversion
therealdeal.com

Midtown-based investment firm Gaia Real Estate acquired the 50th floor of the Bernard Spitzer-developed Corinthian condominium tower in Murray Hill from pharmaceutical giant Pfizer, Gaia managing partner Danny Fishman told The Real Deal. Pfizer, which …

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New China property taxes to cool overheated housing market
www.globalpropertyguide.com

On a pilot basis and only for high–end and/or multiple properties, real estate taxation has also already been implemented in Shanghai and Chongqing, starting January 2011. While details of the announced nationwide roll-out of the property tax …

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Villa Felice Ranks High Among The Most Elegant Port Royal Real Estate
www.newswire.net

(Newswire.net — December 14, 2013) Naples, Florida — The city of Naples is no stranger to high–end properties which cater to even the most discerning tastes. Villa Felice is no exception, but is instead one of the prime examples of bayfront Port …

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Easy Come, Easy Go For Serial Flipper A-Rod
www.forbes.com

He had listed it for $38 million, but still made a decent $15 million profit from the sale of the high–end, waterfront abode. Meanwhile, A-Rod's previous flurry of real estate flips include the Coral Gables home he had shared with ex-wife, Cynthia. He …

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Smartphone searches lead the way on homebuying hunts
therealdeal.com

Among those mobile searches on the luxury end, high-priced markets such as Long Island and New Jersey's Bergen and Passaic counties logged significantly more searches via iPad and iPhone than via Android. “These are the markets where you're seeing the …

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Simon Property to Spin Off Strip Malls
online.wsj.com

Both malls and shopping centers were hit hard by the real–estate downturn, but malls have recovered faster because they focus on higher–end retailers that face less competition from the Internet. Also, regional malls have a higher number of small …

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Wealthy Chinese Explore Texas as a Venue to Park Wealth in U.S. Real Estate
www.sacbee.com

Briggs Freeman Sotheby's International Realty is Dallas' luxury real estate leader, with more than 200 agents in five offices throughout Dallas-Fort Worth and access to the global Sotheby's network, including more than 11,000 agents in 600 offices …

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Celebrity real estate: Barry Bonds' estate gets price cut
www.today.com

When Barry Bonds' enormous home was first listed, it was offered as a pocket listing — a real estate tactic that many agents use with many high–end or celebrity properties. Madonna's L.A. home was first offered this way, and Simon Cowell's home is …

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