Thursday, August 26, 2010

Sales of new homes have tanked - MSN Money
Pop quiz: How many new homes priced over $750,000 sold in July? The answer is zero -- for the second month in a row. At least, according to David Rosenberg, chief economist at investment firm Gluskin Sheff. That figure

Luxury Homes Available for Fall Get-Aways on Cape Cod. Reserve Now for Special Rates - StreetInsider.com
APDG Cape Cod Luxury Waterfront Properties is offering special rates for last-minute fall get-aways and early reservations for the 2011 summer season. ADPG offers three premier homes on the Lower Cape in East Orleans and

Luxury apartments sell like hotcakes - Houston Business Journal
The luxury apartment market was red hot in July as dozens of investors vied to acquire three high-end properties in the Houston area. Alexan Upper Kirby, Uptown Post Oak and The Retreat at Cinco Ranch — with a total of

Luxury Homes Lead Unsold Property in Chaoyang District, Beijing Times Says - Bloomberg
Villas and luxury apartments dominated unsold homes in Beijing’s Chaoyang, the city’s largest district, the Beijing Times reported, citing data from the local government. Villas and luxury apartments

Toll Bros. returns to profitability even as sales of new homes hit 40-year low - Philadelphia Daily News
As sales of new homes tumbled in July to levels not seen in more than 40 years, luxury-home builder Toll Bros. Inc. reported Wednesday that it had returned to profitability in its third quarter. Horsham-based Toll

Denver Metro Area Luxury Home Sales Dip in July, Coldwell Banker Residential - PR-USA.net
Luxury home sales in the Denver metro area last month dipped 4 percent over the same period in 2009 while prices were flat year over year, according to Coldwell Banker Residential Brokerage, Colorado’s leading provider

Five Longyear luxury condo units face foreclosure in Brookline - Abington Mariner
Developers couldn’t have known how right they were when they named their luxury condo complex “Longyear,” considering the amount of time they, the town and neighbors would spend fighting over the project. In the

Luxury home prices feeling market’s pain - Birmingham Business Journal
Luxury home prices in San Francisco, San Diego and Los Angeles fell from year-ago levels, and real estate agents think the current quarter could look even worse, according to the First Republic Prestige Home

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