Thursday, May 13, 2010

SOLD! Auctions gain popularity in luxury real estate market - Savannah Morning News
The National Auction Group’s president, William Bone, sounded a little like former baseball star Sammy Sosa — minus the Hispanic accent — last week prior to the auction sale of several Jones Square condos. “Savannah has been very, very good

Once-luxury Cherry Hill apartments hit hard times - Philadelphia Inquirer
Why the renovation fell apart is unclear, though both demand for luxury apartments and the construction of new buildings has slowed. Anthony Juliano, who oversees real estate for the Dubai Investment Group, declined to comment when reached Tuesday at

Seattle Waterfront Homes - Seattle Post Intelligencer (blog)
Waterfront real estate sales have been up significantly along with luxury home sales this year, signalling a bottoming out of the high-end market. While prices overall for waterfront homes are deeply discounted from one or two years ago, total sales

Chinese Farmers Are Cashing Out Their Life-Sustaining Real Estate For - The Business Insider
quickly: The Harbin Daily recently reported on an alarming phenomenon: Some farmers who received big compensation for the loss of land due to urbanization are spending heavily on luxury cars and gambling. The paper warns of the likelihood such

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