Market Update

Miami’s Richest and Most Exclusive Neighborhoods

Miami is home to some of the world’s richest people. Its picturesque and luxurious neighborhoods command millions of dollars in real estate markets that have continued to be unsinkable even with recent hurricanes and tropical storms. Here are four of the Magic City’s richest and most exclusive neighborhoods. Fisher Island Image credit: Forbes Residents of [...]

By |2018-02-09T23:38:09+00:00January 22nd, 2018|Market Update, Real Estate News, Uncategorized|

Will Hurricane Irma’s near miss sink Miami real estate prices?

After a nerve-racking week of waiting and watching, South Florida was spared the worst of Hurricane Irma’s 185 mph winds. It’s too soon to tell if Irma will have any substantial impact on South Florida real estate. Empirical evidence will take a few months to show whether the storm scared away potential buyers in significant [...]

The richest neighborhoods in Los Angeles

For well over a century, Los Angeles has been attracting plenty of wealthy residents seeking the success-affirming ocean views and rays of California sunshine.  But when it comes to picking a neighborhood, where are the wealthy citizens of LA most likely to settle? Not too surprisingly, the answer seems to be Bel Air—where developers of [...]

Paul McClean on his “wild” ride to prominence and that $500M spec home

Irish architect is designing Nile Niami giga-mansion Ireland-born architect Paul McClean has become somewhat synonymous with the high-end housing boom in Los Angeles. While he was undoubtedly prolific before — designing homes for celebrities and high-net-worth buyers that include Clavin Klein and the Winklevoss Twins — McClean became a household name last year after it [...]

Star Broker or Not? Decision Comes Down to Deciding Who Can Get the Job Done

In luxury real estate, any type of branding, from the name of the building to the attached star architect, developer or designer, can add value and help drive sales. But what’s the impact of a star broker when it comes to buying or selling a property? That depends on how the broker made a name for him or herself, [...]

Compass broker Tomer Fridman to star in new Kardashian real estate show

Real estate agent to the stars Tomer Fridman and Scott Disick of “Keeping up with the Kardashian” fame are partnering up to star in a reality show centered around house flipping. The show is tentatively being called “Royally Flipped” and the pilot is already in the works, featuring homes in Malibu and the San Fernando [...]

8-story ‘micro hotel’ planned next to Mama Shelter in Hollywood

The 212-room hotel will offer guests the chance to “customize” their experience Last month, we reported on a mysterious hotel project proposed for a part of Hollywood that’s not going to have any shortage of hotel rooms before long. Now, the city has released an environmental study that sheds more light on the project. Located next door to Mama Shelter on [...]

West Hollywood is Los Angeles’s Shabby Chic Neighborhood

Liberal, stylish and at times hedonistic, West Hollywood is famous for its all-night entertainment, youthful culture, beautiful people and palm tree-lined streets with views of the iconic Hollywood sign. The boundaries Situated in the heart of Los Angeles County, West Hollywood (or WeHo as it’s called) is between Beverly Hills and East Hollywood, and it [...]

Condos Conquer Los Angeles

Chinese developers are fueling building boom New condominiums are sprouting in downtown Los Angeles at the fastest pace since the 2008 crash, in a sign that a city synonymous with sprawl is embracing dense urban living. Almost 2,000 new luxury condos are under development or being sold on or ahead of schedule, according to brokers, [...]

Cash castle: Spec manse on former Castle Kashan site now asking $80M

“Castles made of sand,” Jimi Hendrix sang, “fall in the sea, eventually.” In the case of Malibu’s Castle Kashan, it was made of stone, and it burned down in a 2007 fire, but the sentiment holds: We cannot stop the tides of change. Case in point: Scott Gillen’s nearly complete 15,200-square foot spec mansion on [...]