Dr. Rick C. Ernst
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High End Real Estate

Home flipping among luxury homes on the rise
www.upi.com

IRVINE, Calif., Oct. 17 (UPI) — Home flipping in the high–end U.S. housing market increased sharply in the third quarter compared to the same period of 2012, a private real estate firm said. RealtyTrac said third-quarter data indicated flipping homes …

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In Panama, Staying True to History
www.nytimes.com

The U.S. dollar is commonly used in Panama, and all high–end real estate is listed in the currency. It features an unusual combination of building materials — stone walls on the ground floor, wood on the upper — and now has a modern kitchen and …

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Magicbricks makes it easier for luxury home buyers
www.bestmediainfo.com

Currently, Magicbricks is the only property portal in India to dedicate a section exclusively to Luxury Real Estate. Pioneering this section to address the luxury home-seeker's needs, Magicbricks continues to break new ground and lead innovations in …

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Flipping homes goes high-end
www.washingtonpost.com

“The market's really dried up,” said Justin Pierce, a real estate investor based in the Washington area. (Pierce occasionally writes a column for The Washington Post.) “A lot of us have moved to the higher–end areas.” When it comes to high–end flips …

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A Fond Farewell to London's Insane Luxury Mega-Basements
www.theatlanticcities.com

Iceberg homes became a phenomenon in the first place because, by some people's standards, London's luxury real estate isn't really that luxurious at all. Prime neighborhoods such as Belgravia and Knightsbridge are filled mainly with Victorian buildings …

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Richman Media Group launches Phoenix's Uptown magazine
www.bizjournals.com

“It's where real estate is booming, new restaurants are opening, and luxury living is thriving.” Uptown will be mailed directly to 20,000 affluent households in the areas, with an additional 5,000 copies distributed at more than 500 locations. Richman …

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The Battle for the Big Deal
stream.wsj.com

Mr. Hyland also says that the biggest key to getting a listing in high–end real estate remains word-of-mouth. Real estate has remained a very local business and the world of trophy real estate still involves a very small number of buyers and sellers …

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Army Reserve seeking to unload 27-acre Jersey City property
www.nj.com

But it may be as long as a decade before developers want to open any high–end housing near Port Liberte, according to local real–estate experts. Jessica Williams, a Jersey City Realtor who concentrates on luxury homes, said a pricey development in that …

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Luxury Homes Are Cream Of Crop In Sales, Price Gains
news.investors.com

In Manhattan, home to more multimillion-dollar homes than just about anywhere in the U.S., the luxury market is moving at the fastest pace since Lehman Bros. collapsed in 2008, said Douglas Elliman Real Estate in a third-quarter sales overview. It said …

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