As you know, we have a ton of beautiful, unique, interesting homes for sale on HotPads. And, sometimes, I come across a listing that makes it hard for me to choose which aspect to even highlight on HotPads Daily. This 6 bedroom, 7.5 bath home for sale in Dana Point, CA left me debating which of all of its amazing parts was the best!
This view:
This office:
This bedroom (that is so immense that a king-sized bed is dwarfed):
This bathtub:
This indoor-outdoor pool:
Luckily, if this house was yours, you wouldn't have to choose... you'd get to enjoy it all!
See this home and the rest of the priciest and most luxuriest homes for sale on HotPads in the
Hottest Pads Search!
Some Indicators Are Beginning To Show Strength
NEW YORK (AP) — There is a clear trend U.S. home prices declines are moderating — another sign the beleaguered housing market is stabilizing, according to data released Tuesday.
While the Standard & Poor’s/Case-Shiller index of 20 major cities tumbled by 18.1 percent, it marked the third straight month the decline was not a record. And yearly losses in 13 metros improved compared to March.
"The stock market bottomed in March and measures of consumer confidence have turned upward. This report shows that these better spirits are also appearing in the housing market," said David M. Blitzer, chairman of the S&P index committee.
Eight of the 20 metro posted price gains from March, with Dallas recording the largest increase at 1.7 percent. And every city except Charlotte showed some kind of improvement month-over-month.
Still, a housing recovery is distant on the horizon. The 20-city index is off almost 33 percent from its peak in the second quarter of 2006, which means home values are now around 2003-levels.
Hardest hit remain Phoenix and Las Vegas, where home prices have lost more than half their value since their peaks.
The Case-Shiller index tracks repeat sales on a specific group of homes in each city. Sales between related parties, such as family members, are excluded.
We are seeing some anecdotal evidence that supports this theory - particularly with newer homes that are in relatively good condition.
A year ago, there was an incredible selection of new construction available - much of it in the form of bank foreclosures. Builders who couldn’t sell their homes in 2007 saw much of their inventory sell as foreclosures in 2008 - and the trend continues.
The selection is not nearly as good right now, as much of the new construction has been purchased - and fewer homes were built in 2007 and 2008, so fewer new homes are left.
Additionally, many buyers are looking to take advantage of low interest rates coupled with federal and state tax incentives - up to $9800 in Georgia - which could further explain the firming of certain sectors of the real estate market.
With energy costs rising - and the fear of additional taxes added to those rising energy prices - consumers are wary of purchasing older, less energy-efficient homes… and that reluctance is reflected in the lower demand for those homes.
If you are trying to time the market in Atlanta, the time to start paying close attention might be upon you.
As always, if you have any questions regarding real estate in the greater Atlanta area, feel free to contact me here.
Copyright © 2009
Atlanta Real Estate - BrokersFirstRealty.com. This Feed is for personal non-commercial use only. If you are not reading this material in your news aggregator, the site you are looking at is guilty of copyright infringement. Please contact admin@brokersfirstrealty.com so we can take legal action immediately.
Plugin by Taragana
As I mentioned, the HotPads team spent last weekend in
Austin, TX celebrating the wedding of one of our engineers. However, that wasn't the only joyous occasion in Texas! Imagine our delight when David Peters (another fabulous engineer) arrived from
DFW driving his mother's newly "wrapped," HotPads logo-ed, beautiful car!
Check out this bad boy!
Here's some of the HotPads crew with the official car (after a delicious burrito at Freebirds, I might add)
Special thanks to Mrs. Peters for wrapping her car with the HotPads logo. We've said it before, but the support of our friends and family means the world to us. We are so lucky to have such great parents who are willing to go the extra MILE for us- as evidenced by this amazing car! So, if you happen to
live in Dallas /Fort Worth area and see the HotPads car, give Mrs. Peters a little wave!
The HotPads Team just got back from an amazing weekend in Austin, TX where we were celebrating the marriage of our engineer Keith and his wonderful bride Tina. Many of us had never been to Austin (and I had never even been to Texas!) and we all fell in love with the city where we ate all the BBQ and Tex-Mex you can imagine and took in the local live music scene.
If you are looking for an awesome city with an unparalleled creative flare and live music every where you turn,
Austin, TX really is a great place to be.
This 4 bed, 8,425 square foot home is close to night life, the river/lake (I still don't understand that), and downtown jobs. And...
look at this place!
Even if you are happy living where you are, Austin is definitely a place to check out. Maybe you could time your visit with Austin City Limits, which is one of the biggest music festivals in the country. (Check out this year's line up
here) This year, it is taking place October 2-4, but hotels are selling out quickly! Find your
hotel in Austin, TX soon!
Sometimes, the listing description really hits the nail on the head, like this house for sale in Rochester, NY. "With 14,000 square feet of living space and over 20 rooms, this is a home for living on a grand scale."
Here's a bit of a tour: First, you step into this grand foyer with sky-high ceilings,
and head off to the kitchen fit for a chef.
Then, you can either enter the formal dining room
or the grand atrium
You head upstairs, where you continue through grand hallways,
and into the master bedroom fit for a king.
This beautiful 8 bedroom, 7.5 bathroom house will run around $15,000,000.
