May 2014

There are 5 blog entries for May 2014.

The real estate market continues on through the first quarter of 2014 and into the second, and as we near the mid-way point of the year, we know that real estate has come a long way from the doldrums of the recession. Across all segments, prices are up and activity has increased across the nation. From single-family homes as primary residences to homes picked up as secondary properties, people are not only becoming more interested in real estate, but are also becoming more able to buy – resulting in a renaissance of sorts. One area in particular that has gotten hot is the realm of vacation properties.

Vacation Property Purchases Rise

In 2013, buyers bought more vacation homes than they did in 2012 – at a 30 percent faster rate. Meanwhile,

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Missing Person’s had it right back in the 80’s...Nobody Walked in LA.  Fast forward thirty years and now there are tangible results from a movement to transform downtown that seems unstoppable.

Downtown LA has gone through a major transformation changing the once known ghost town after the 9-5ers left to a vibrant hip community for a new generation of urban dwellers.  One of the greatest catalysts was back in 1999 when the city council decided to make it easier for buildings to more easily convert buildings into residential.  The domino effect happened after when new business of all types decided to open up all over downtown for the residents to use.  

The downtown neighborhoods include: Arts District, Gallery Row, Bunker Hill and Grand Avenue,

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Own a piece of a San Francisco landmark in one of the city's most sought after historical loft buildings. The Clocktower at 461 2nd Street was constructed in 1907 as the original home for The Schmidt Lithograph Company known for creating colorful labels for wood and fruit crates. The brick and timber building was masterfully converted into 127 luxurious work/live lofts in the 1990's by the prolific team of David Baker + Partners.



Located in the heart of SOMA, Loft 108 has a distinctively industrial feel where strength meets style. Authentic timber beams and exposed brick walls reminiscent of its factory roots frame an ideal open space enhanced by a contemporary Bocci chandelier designed by Omer Arbel that fills the room making the overall ambience

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The ultimate two story Dallas penthouse is available for one lucky buyer in Dallas.  Perched at the top of the Azure, this penthouse features over 4,000 sqft of expansive outdoor space including a 5,000 gallon private pool and spa.  This modern masterpiece includes 14 ft ceilings and floor to ceiling windows to view the city below.  Included in the 8,971 square foot home is hardwood floors, 3 gas fireplaces, elevator, electric shades, Control 4 technology and four car private garage.

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This penthouse was featured on HGTV's Million Dollar Rooms

 

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Dallas will soon be getting the first residential tower built since the recession.  Bleu Ciel, will be built on North Harwood Street and rise 33 stories tall to provide luxury condos with incredible views.  The demand for high-rise condos prevalent.  Our Highrises.com specialist, Emily Ray-Porter, was featured in today's Dallas News business section explaining how low the inventory is.  “The Ritz is almost sold out. With the increasing interest in high-rise living, now is the time to start new construction.”


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