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Who’s Who in Luxury Real Estate is a “global collection of the finest luxury real estate brokers in the world, this group of more than 130,000 professionals in more than 85 countries collectively sells in excess of $190 billion of real estate annually.”  Recognized as the industry leader, Luxury Real Estate has been recognized by the “Webby Awards”, has received “Best of the Web” by Forbes Magazine, acknowledged with an “Addy Award” for Excellence in Web Design, and recognized by the “Maggie Awards” for excellence in media publishing.

Who’s Who in Luxury Real Estate announced award nominees for the 19th Annual Luxury Real Estate Fall Conference that will take place from October 5th – 8th in Boston, Massachusetts.  Joan Thomson, Broker of…

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Who’s Who in Luxury Real Estate is a “global collection of the finest luxury real estate brokers in the world, this group of more than 130,000 professionals in more than 85 countries collectively sells in excess of $190 billion of real estate annually.”  Recognized as the industry leader, Luxury Real Estate has been recognized by the “Webby Awards”, has received “Best of the Web” by Forbes Magazine, acknowledged with an “Addy Award” for Excellence in Web Design, and recognized by the “Maggie Awards” for excellence in media publishing.

Who’s Who in Luxury Real Estate announced award nominees for the 19th Annual Luxury Real Estate Fall Conference that will take place from October 5th – 8th in Boston, Massachusetts.  Joan Thomson, Broker of Waterfront…

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A day late, actually, many years too late, but back in 1821 land in Jupiter was sold for just $1.00 an acre!     The same year, in which the great land of Florida became a formal state of the colonies, a landowner named Don Eusebio Gomez considered releasing acreage he owned.   In 1815, the King and Queen of Spain awarded him 12,000 acres in an area surrounding the Indian and Loxahatchee Rivers as well as a barrier island between the Jupiter Inlet and the St. Lucie Inlet.   The name given to this area was a word for the Roman mythology god “Jobe”.

The land was given to Gomez for his “services to the crown”.   He was a merchant/shipper and a defender of St. Augustine.  When Florida became a U.S. territory all of the Spanish Land Grants, and this was…

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According to a report released Tuesday by the Realtors Association of the Palm Beaches the number of single family homes sold last month countywide was 1,636.  That number of sold homes was equal with May 2014, but 21percent higher than the same time last year in 2013.

Statewide, Florida has seen an increase of 5 percent in the median price for a single family home, up from 2013 and an increase of 3 percent from May 2014.  The volume of sales last month was 23,181, a 15 percent annual increase and 1 percent higher than May 2014.

June 2014 marked the 31st  consecutive month in which sale prices rose statewide on an annual measure for both single-family homes and condominiums.

Palm Beach County condominiums sold in June at a 20 percent increase…

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South Florida Tourism

Now that the sun is warming up the northeast, the south Florida ‘season’ for tourism begins to wind down. Our winter season (which isn’t super wintery) has just been bustling and as it ended it set records. Across the nation hotels and resorts boasted 90 percent occupancy in February. This astonishingly high percentage rendered $5.1 million in bed taxes, as documented by the Tourist Development Council. March’s numbers clocked in at 87 percent. A few percentage points in occupancy can mean a gain of 10 percent in revenue because hotel owners can charge harder rates. 

The chief marketing officer for Visit Florida, the tourism agency for the state, Paul Phipps, noted that Florida’s hotel occupancy was 80 percent in March of 2014.  This is 20 percent…

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Rob Thomson, managing partner at Palm Beach County’s exclusive real estate firm of Waterfront Properties and Club Communities offers strong ties and marketing relationships with leading brokers in the Europe, the United Kingdom, Asia and Latin America.  These global connections have consistently lead to home sales from international buyers.

Thomson’s membership into the invitation only Who’s Who in Luxury Real Estate, as well as sitting on the executive board, has enabled him and his expert team of professionals, market homes for clients to a worldwide audience.  Thomson, along with manager David Abernathy, has been forward thinking on real estate technology.  This foresight has enabled Waterfront Properties to become the accomplished and highly sought…

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Do you live in one of the most dynamic cities of 2014?  Only seven of the top 20 cities were from the United States.
 
MSNBC Real Estate reported on a study that ranked 111 global cities looking for specific hallmarks of lively and progressive areas.  Using three main categories – commercial real estate, socio-economic momentum and high-value incubators representing “the quality of a city’s infrastructure, its innovation capability and the strength of its technology sector.”
 
California harbored two - San Francisco and San Jose, thanks to their high tech Silicone Valley contributions.  An ability to foster new and creative businesses, adapt and innovate quickly and new building construction were some of the criteria for the cities.

The top ten upwardly…

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According to data provided by the National Association of Realtors, a lack of houses for sale continues to lift the prices of homes for sale in much of the country, and our area.  This in turn has pushed down the number of existing homes sold in January.

The torrential weather has not helped either. NAR Chief Economist Lawrence Yun said, “Disruptive and prolonged winter weather patterns across the country are impacting a wide range of economic activity, and housing is no exception.   Some housing activity will be delayed until spring.”

The National Association of Realtors noted some significant changes among the population of homebuyers.

1.     First time homebuyers accounted for 26% of purchases in January 2014. That is the lowest market share for first…

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Yes, you read that correctly, Edward Snowden, who worked as a contract employee at the U.S. National Security Agency in Hong Kong and leaked documents that damaged the security interests of several nations, has been nominated for the prestigious Nobel Peace Prize! 

Anyone can be nominated for the prestigious award.  Two Socialist lawmakers Baard Vegard Solhjell, a former environmental minister, and Snorre Valen, both from Norway, jointly nominated the former National Security Agency contractor, stating his disclosures have contributed to making a more peaceful world.

In their nomination letter, the Norwegian politicians stated, “We do not necessarily condone or support all of his disclosures.  We are, however, convinced that the public debate and…

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