Dr. Rick C. Ernst
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High End Real Estate

Confidence in the Massachusetts Real Estate Market Remained High as …
massachusetts.realestaterama.com

WALTHAM, Mass. – September 18, 2013 – (RealEstateRama) — The Massachusetts Association of REALTORS® (MAR) reported today that the August REALTOR® Market Confidence Index (RMCI) and the August REALTOR® Price Confidence Index (RPCI) …

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House Hunting in … Westmount, Montreal
www.nytimes.com

One of the areas where buyers have gained the upper hand is Westmount, where average prices have fallen by 7 percent in 2013, according to statistics provided by the Greater Montreal Real Estate Board. But the Westmount market is typically a solid one …

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Orbach bulks up portfolio with $240M apartment buy
www.rew-online.com

In the first phase, The Orbach Group acquired a 33-building apartment portfolio, totaling 1,031 high–end rental units, for approximately $250 million, from a joint venture of Heritage Real Estate Partners and Dune Capital. The Orbach Group then sold …

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Four Ways to Invest in Real Estate
www.moneyshow.com

Jim Powell looks at four different ways to invest in the real estate and housing sectors: a luxury homebuilder, a private equity firm actively involved in purchasing houses, an apartment REIT, and a lumber and forest products company. Steve Halpern: We …

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China's Housing Market Continues To Soar
www.forbes.com

Still, despite higher real estate transaction taxes in cities like Shanghai and Beijing, implemented earlier this year, China's housing market continues to soar. Rising property prices will constrain room for lower interest rates. Now that economic …

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Metrospaces Updates Web Site to Show Visual Progress of Projects to Buyers
www.4-traders.com

Metrospaces http://www.metrospaces.net/ is a publicly traded real estate investment and Development Company which acquires land, designs, builds, and develops then resells condominiums and Luxury High–End Hotels, principally in urban areas of Latin …

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Wealthy Borrowers Sacrifice Upside for Down Payment Aid
www.bloomberg.com

While almost half of all renters who'd like to buy are concerned about down payments, FirstRex's initial focus is on high–end markets within California, Washington and Oregon, where its customers' average house price is $800,000. The company also plans …

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Is Bill De Blasio Really That Left Wing?
www.businessinsider.com

In an interview with The Real Deal, a real estate publication, he remarked that "Towering, glitzy buildings marketed to the global elite is not the type of development New Yorkers are looking for." He has called for the city to stop making unneeded tax …

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Empire State Building Prepares for Launch
online.wsj.com

The New York family that controls the Empire State Building is about to launch the formal marketing process to sell the building, in what would be one of the largest real–estate initial public offerings and the end of a colorful era for the storied …

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