COMPETITION: Calling All Designers!
Marquette Turner Luxury Homes were awarded the World’s Most Outstanding Luxury Agency Under 2 Years Old in 2008 by the Who’s Who in Luxury Real Estate, and we would like a design to use on our marketing material.
Any one from anywhere can enter this competition via the award winning 99designs website.
Read the DESIGN BRIEF to [...]
The Manchurian Candidate: Chinese Property Market Stimulated
China has unveiled a stimulus package intended to boost its slumping real estate market.
It has slashed taxes for second-hand apartment sales to help owners selling their homes. This means that anyone who has owned a home for at least two years can now sell it without having to pay a tax on the total [...]
Mansion Minding
A company in North Texas has come up with a simple, innovative method to maintain houses for sale whilst on the market.
As the real estate market continues to struggle along and properties take longer to sell, Mansion Minders keeps up the homes whilst at the same time providing plush living quarters at a cut rate.
For example, [...]
Mopping Up The Mortgage Brokers: Australia’s Banks On The Assault
After losing their market share to mortgage brokers during the real estate boom years in the earlier years of this decade, Australia’s banks are on the offensive.
First off the market his year was Westpac which acquired the RAMS Home Loans brand, followed by the Commonwealth Bank which acquired a stake in Aussie Home Loans in [...]
The W New York Downtown: Fuel To The Big Apple’s Fire
The US Dollar is gaining strength, however, international real estate buyers are still important, even though their purchasing activity has decreased by 30-50 per cent since June 2008.
So where does the strength still reside? New developments. The W New York is a great example.
The W NY Downtown Hotel & Residence, the has seen [...]
London Luxury Home Prices Continue To Fall
The world’s most expensive location for prime real estate behind Monaco, Central London has seen luxury home values fall for an eighth month. Such locales include Mayfair, St John’s Wood, Regent’s Park, Kensington, Notting Hill, Chelsea, Knightsbridge, Belgravia and the South Bank neighborhoods of London.
As recently reported by Bloomberg, in November the approximate average [...]
Even Property on Dubai’s Spectacular Palm Island is Rocky
Prices for real estate on Dubai’s Palm Jumeirah Island have fallen significantly over the few quarters, with some dropping by as much as 40 percent. For instance, a four bedroom villa on the Palm is now on the market for AED10 million Dirhams, or approximately $2.6 million USD. This is down from AED15 [...]
WISE GUY: Auction Clearance Rates – What They Really Show
Weekly auction clearance rates do not paint a particularly clear picture. They have quite a small sample size and show a lot of week-to-week volatility.
If clearance rates are on the way up, does this signal an improving property market? Well maybe, but before we pass judgement on the state of the market, we really need [...]
Pete Sampras Sells His Californian Home
Whatever level of real estate, at whatever price, there are still numerous stories of people that, whilst not necessarily “doing it tough” are still struggling to find success in the current real estate market.
The world’s greatest ever tennis player, Pete Sampras (based on Grand Slam titles I must add, before I get heaps of corrections!), [...]
WISE GUY: Why Does the Australian Dollar Suddenly Have So Few Friends?
It was almost like you went to put the kettle on during the ad break and everything changed with the Australian Dollar: one minute we’re pushing (almost) the 1 AUD for 1 USD and within a few months the AUD is struggling to buy 60 cents US.
Not being an economist, and learning on the run [...]
Luxury Sales in Sydney: What’s Truth & What’s Fiction – Part 2
Part 2 of a 2 Part Investigation
The low sales volumes that we have seen in 2008 have resulted from fear, necessity and pride. Each has played a role in reducing the number of sales.
In so much as fear has contributed people are always cautious during times of upheaval or unrest.
Economically it has been a minefield [...]
Luxury Sales in Sydney – What’s Truth & What’s Fiction? Part 1 of 2
Part 1 of a 2 part Investigation
No matter where you go in property obsessed Sydney you will hear real estate agents, friends, family, neighbours and people from all works of life giving their take on how Sydney is faring in the Luxury Real Estate arena. I hear many people say that the Luxury market has [...]
Luxury Real Estate Board of Regents Continues Its Expansion in Australia
SEATTLE – Luxury Real Estate’s Board of Regents announced today its continued expansion in Australia with Marquette Turner Luxury Homes, which will be the exclusive representative of the New South Wales, Australia territory.
LuxuryRealEstate.com is the most-viewed luxury real estate Web site in the world, featuring more than 66,000 high-end properties in 106 countries.
Marquette Turner [...]
Material Girl: The Properties at Stake in Madonna’s Divorce
Madonna’s impending divorce from British Director, Guy Ritchie, is making many headlines not least for the amount property at stake.
You could say that Madonna is a real estate mogul with an amazing array of properties in London, New York and Beverley Hills. There is much speculation as to which properties from the portfolio will [...]
The Who’s Who…
Marquette Turner Luxury Homes has been named the World’s Most Outstanding Luxury Real Estate Agency (less than 2 years old).
Awarded by The Who’s Who in Luxury Real Estate at a ceremony held at the Ritz Carlton Hotel in Philadelphia on Monday October 13, our company became the first non-American firm to win the award.
Both Simon [...]
Luxury Homes Need Luxury Agents To Sell Them: Just Ask Wayne Cooper
Fashion designer Wayne Cooper’s Luxury Sydney home in Sydney’s Eastern Suburb of Tamarama failed to attract a bidder at auction yesterday.
The entire process has been disastrous from start to finish with Wayne Cooper being convicted of assaulting her last Friday. An apprehended violence order was amended so he could attend the auction.
A bidder offered an [...]
BRAIN MATTERS: When Will The Roller Coaster Ride End?
This is a question on many people’s lips and our colleague in San Fransisco, Jim Walberg, has some great points worthy of noting.
“THE key to our economic recovery is real estate values and consumer confidence. Real estate is the oil that fuels our economic engine. Generally, real estate is having a similar feel that we [...]
How to Survive the Sale Process – What you must know!
Times are difficult – sale volumes are down and the process of selling your home is taking longer than it has for years. Today we have heard that Australia may be heading toward a recession – the first in 18 years! The US Federal Reserve has cut official interest rates by 0.5%, the Japanese Government [...]
Where The Hot People Go To Be Cool: The Caribbean
Even in difficult global economic times, property in the Caribbean is unsurprising still sought after: the sun, the sand, and the opportunity are the pick of the Northern Hemisphere any time of year.
The change, however, are the buyer’s of Caribbean property: this time last year it was the British baby-boomers who were flocking to [...]
Republican Presidential Candidate, Senator John McCain’s Former Home Up For Sale
The former home of Senator John McCain and his wife Cindy in Phoenix, Arizona will be going to auction on 25th October 2008 with a listing price of $US12 million.
The existing owner, real estate developer Jane Popple, is hoping that that the prospect of owning a prospective President’s home will tip the balance in achieving [...]
