Archives for 2013

Mother’s Day: Why We Celebrate

This infographic offers a nice description of how this holiday became what it is today, and it offers an insight into why mothers need to be praised every day of the year!mothers-day-infographic

Anatomy of a Dream Backyard

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Foreclosure Activity Drops to 6-Year Low

auction-saleForeclosure filings dropped 5 percent in April from March, with foreclosure filings down 23 percent in April from year ago levels, RealtyTrac reports. Nationwide foreclosure activity has reached a 74-month low or the lowest point since February 2007.

“The April numbers indicate that the pig is moving through the python when it comes to deferred foreclosures in judicial foreclosure states,” said Daren Blomquist, vice president at RealtyTrac. “Foreclosure starts have been increasing for several months in many of the judicial states, and now that increased volume is showing up in the second stage of the process: the public foreclosure auction.”

Judicial foreclosure auctions rose 22 percent from March to April and were up 31 percent from year-ago levels, RealtyTrac reports. On the other hand, scheduled, non-judicial foreclosure auctions dropped 7 percent in March and are down 43 percent from last year.

Foreclosure starts are rising in several non-judicial states, Blomquist notes. While foreclosure starts have fallen nationwide, 22 states are still seeing a rise in foreclosures over the previous month, RealtyTrac reports. Some of those states include: New Jersey (138 percent increase), Connecticut (46 percent increase), Texas (37 percent increase), Georgia (35 percent increase), Oregon (16 percent increase), and California (13 percent increase).

Source: RealtyTrac and “RealtyTrac: April foreclosure filings drop 23%,” HousingWire

The Psychology of a Happier Home [Infographic]

Is your home life a constant sea of misery when it really should be a sanctuary? This infographic will help you improve the well being of your home and return it to that safe haven where you can escape after busy day in the office. happy-home

DIRTY LOOPS – Rolling In The Deep (Adele Cover)

I am in love with this band! They are stellar. Their covers are epic. I’m gonna stop talking (typing) now and you can listen for yourself.

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The World’s Most Beautiful Pools

The Tangga House, Singapore

beautiful pools tangga 2 The Worlds Nine Most Beautiful Pools

Source: Guz Architects

Built to compliment the modern architecture of the home by the world renown contemporist Guz Architects, this clear and beautiful pool creates the illusions of a wall of water, generating a silhouette that just begs to be swum in.

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Source: Upgrd.Me

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Source: My Fancy House

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Source: ArchiDia

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Source: Wikipedia

 

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Source: Bord a Bord

Bondi Icebergs Swimming Club

beautiful pools bondi 1 The Worlds Nine Most Beautiful Pools

Source: 365 Kent

A dip in this seaside saltwater pool means saying goodbye to the contained, highly-chlorinated waters of normal pools and introducing the natural elements to your daily swim. Why? At the Bondi Icebergs Swimming Club, the waves of the Pacific Ocean crash over the wall and into the water.

beautiful pools bondi 2 The Worlds Nine Most Beautiful Pools

Source: Dialog CRM

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Source: Proper Propaganda

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Source: Lilyfield Life

The Infinity Pool

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Source: WYSK Collection

Stretching out across the Italian skyline, the Hotel Caruso’s pool offers swimmers spectacular views over the Sorrento Peninsular from its cliff top location in the scenic Amalfi Coast.

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Source: Topuru

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Source: Vacations by Lindsey

The Hanging Pools Of Bali

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What Happens to the Housing Market When the Investors Leave?

home-for-rentInvestors and all-cash home buyers accounted for about 19 percent and 30 percent, respectively, of all sales in March, according to the National Association of REALTORS®. That represents a significant share of the market, and some analysts are concerned that as home prices rise, investor and all-cash demand will start to shrink. 

Who will step up in their place?

Robert Dietz, an economist with the National Association of Home Builders, notes in a recent article for U.S. News & World Report that “missing households” in today’s market who have delayed home ownership will eventually play catch up.

Notably, recent college grads who delayed home ownership by moving in with their parents or renting are expected to increase their homebuying activity. Also, surveys show a growth in the number of Americans living together as roommates who are not relatives. Americans have doubled or even tripled up in rental residences to help cut costs. But as more people get married and start families and jobs stabilize, household formation will likely grow, Dietz notes.

The nation’s population has grown, but the number of independent households of renters and owners has not kept pace. The Census Bureau’s American Community Survey shows that the population from 2006 to 2011 grew by more than 4 percent, but there was only about a 3 percent growth in the number of households.

Dietz expects that homebuying demand will come strongly from rental households that were created over the last seven years. In that time, the number of rental households in single-family homes grew by 2.5 million, or 22 percent. Traditional renting households in multifamily units increased by nearly 7 percent, Dietz notes. FE_DA130503ownerrenter

Dietz says the “real demand for housing is on the sidelines, particularly among younger Americans. … For these younger prospective homebuyers, policy debates concerning the future of the housing finance system and home ownership programs like the mortgage interest deduction will have real impacts on their housing and wealth status in the years to come.”

Source: “What Happens to the Housing Market When the Investors Leave?” U.S. News & World

Is Your McMansion Killing You?

Even though family size has actually decreased over the past 30 years, the single family home has grown at a disproportional rate. This infographic from HomeInsurance.com has a take on this. Some of the data points may be disputable, there is interesting information none the less. Take a look at some of the facts about the McMannsion.is-your-mcmansion-killing-you

Iron Man 3: Tony Stark’s Incredible House

iron_man_house_by_trung_tiger

Tony Stark (played by Robert Downey Jr.) is one of the coolest movie characters on the big screen. Millions went to see him this past weekend (May 3rd) for the debut of Iron Man 3. Since this is a real estate blog, what’s the story behind that spectacular house?

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Here are five interesting facts about the superhero’s ultramodern dwelling.

  1. The residence was inspired by a real-life home designed by the famous architect Wallace E. Cunningham. The 11,000-square-foot house in La Jolla, California is called “The Razor” and took six years to build. It was completed in 2008 and features white polished concrete with spectacular panoramic windows designed to embrace sweeping ocean views. Did you think Tony would settle for anything less?
  2. The Razor sold for about $14 million. In the movies, however, Stark lives in Malibu where the same home (if it existed there) might be valued at approximately $40 million.
  3. The Razor has been used in commercials for Calvin Klein and Visa. Do you think Tony uses those brands? Just wondering.
  4. Stark’s house is depicted on a cliff near Point Dume, which is a state park. So it would be impossible to live in that actual spot. However, if Tony lived somewhere nearby, he might have celebrity neighbors like Barbra Streisand, Pamela Anderson, Owen Wilson, and Kenny G.
  5. The movie previews seem to indicate the bad guys do major damage to Tony’s home. Perhaps this time the home will be ruined forever.

It makes sense Stark would be attracted to a hyper-modern home with breathtaking views on a private mountain hill. Considering he’s already saved the world twice, I say he deserves it.