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Luxury Home Digest

Luxury Home Digest
Blogging buzz, gossip and news about luxury real estate and homes with occasional off-the-menu commentary.
Articles: 1, 2, 3, 4, 5, 6, 7

Articles

10 Billionaire School Dropouts
2009-08-27 17:24:00
by Roberta Murphy Most of us grew up believing that education and earning power were irrevocably shackled to each other, and where one went, the other inevitably followed. These days, we’re no so sure. Below, a partial list of billionaires who dropped out of school and went on to become outrageous successes in the technology, entertainment and fashion ...
More About: School , Quality of Life , Billionaire
Most Luxurious Prisons
2009-07-15 17:39:00
by Roberta Murphy The Bernie Madoff, who is headed for several lifetimes in prison–and which leads us to wonder: Where are the cushiest prisons? And wouldn’t you know, Forbes.com provides a timely list of the top-rated federal prisons. They looked for such amenities as email, proximity to major airports, weather and internal substance-abuse programs, a sentence-reducing ploy used ...
Luxury Hotels and Timeshares Struggling?
2009-06-25 17:45:00
by Roberta Murphy We are seeing luxury scaled down on many fronts, and luxury hotels and timeshare resorts are taking it on the chin as well. For the first five months of this year, according the the Wall Street Journal, U.S. hotel occupancy has declined 53 percent. This is the lowest drop in occupancy since 1987, when ...
More About: Luxury , Hotels , Quality of Life
Neverland to Go on Market Again?
2009-06-14 16:47:00
by Roberta Murphy (It is with sadness that we learned of Michael Jackson’s death due to a heart attack this afternoon, apparently at his Holmby Hills mansion.  In the days ahead, many will be wondering about the fate of Neverland. Our prayers and kind wishes are extended to the Jackson family.) Over two years ago, we were ...
More About: Market
No Luxury in Loss
2009-06-09 17:42:00
In the blogging world, an absence of six weeks is almost unforgivable. But had I draped a black cloth over it on April 24, 2009 you might have understood. That’s the day my Dad and best friend died in Encinitas, CAafter a lengthy illness. It’s really tough to become an orphan when the last parent ...
More About: Luxury , Quality of Life , Loss
Top 10 Things to Buy Before Economy Recovers
2009-04-22 16:15:00
by Roberta Murphy According to Forbes.com, now may be the best time to make some of those major purchases wise shoppers have been putting off for so long, particularly if one has the luxury of capital.  The Forbes list: 1. Homes. Low prices fueled by foreclosures and short sales, coupled with low interest rates and possible income ...
More About: Economy , Quality of Life , Things
Even Luxury Home Owners can be Victims of Fraud
2009-04-05 17:41:00
by Roberta Murphy It’s a sad fact of life, but unscrupulous vultures are always ready to pick at the flesh of the most financially distressed–which more frequently these days includes the owners of luxury real estate. Over on our San Diego real estate blog we report that San Diego County District Attorney Bonnie Dumanis is asking San ...
More About: Fraud , Luxury , Home , Victims , Owners
10 Money Saving Tips?for even the Gucci Wallet
2009-03-31 05:31:00
by Roberta Murphy Magic must be in the air. Even our middle son Eric — who has never, ever cottoned to bagged lunches — packed one the other day and probably saved at least $5. This college student works part time, but last week discovered the agony of having to pay $1,800 or so for a new ...
More About: Money , Tips , Quality of Life , Gucci , Saving
Spelling Mansion ?Officially? for Sale
2009-03-27 15:40:00
by Roberta Murphy In 2006, we reported that Candace Spelling , 63, and widow of the later Aaron Spelling, was shopping for a $150 million buyer for her Holmby Hills home: ….Candy Spelling, widow of the late Aaron Spelling, has quietly put their legendary 56,000 square foot, 123-room Holmby Hills mansion on the market for $150 million. Sources ...
More About: For Sale , Sale , Mansion
Refi for Real Estate Investors
2009-03-15 17:40:00
by Roberta Murphy We now have the chance to read through the recent Stimulus/Spending Bill that was passed largely unread by our Congress. The earmarks and pork anger many, but there is good news on the real estate front: Owners of second homes and other real estate investments will now be able to refinance their mortgage ...
More About: Estate , Real Estate , Real , Investors
The F-Word in Luxury Real Estate
2008-06-10 18:38:00
by Roberta Murphy Forecl—– It’s a word softly whispered when luxury homeowners in luxe communities like Palm Beach (33480), Beverly Hills (90210), Greenwich (06831) and Rancho Santa Fe (92067) discuss their local real estate markets. Real estate prices have been declining in many of these markets throughout the country, and some of the heavily mortgage homes are ending
More About: Estate , Real Estate , Luxury , Word , The F Word
A Radical Proposition for Real Estate
2008-06-09 02:58:00
by Roberta Murphy I really want to talk about the effect petroleum costs will have on real estate, but first wish to tell a little story: My grandgather, Adolph Michelson emigrated at the age of 7 with his family from Norway to Deadwood, South Dakota. It required a long, hard journey by steamship. train and wagon to
More About: Estate , Real Estate , Quality of Life , Real , Radical
Yahoo! to Google: Real Time Stock Quotes
2008-06-03 14:56:00
Google has become a noun, a verb and a trusted friend in my life. It of course answers endless questions and sends curious clients my way, but also handles my email, documents, maps, spreadsheets, instant chat, and more. And when I want to check traffic conditions, I can do it with another Google real time mapping
More About: Google , Yahoo , Time , Quotes , Stock
Databases Coming Out the Wazoo?
2008-05-28 06:49:00
by Roberta Murphy Call this a geeky rant. Call it a blonde tirade. Call it what you want, but I just don’t know what to do about diverse databases. I think I have them coming out the Wazoo . If you came here seeking luxury news, you may want to click away and come back tomorrow. Right now,
More About: Rants , Quality of Life , Databases
Rise in Luxury Home Foreclosures, Short Sales and REO?s?
2008-05-26 16:49:00
by Roberta Murphy It appears that even the luxury real estate market will not fully escape the financial ravages that are taking down less-expensive neighborhoods. Housing Wire asks: Has REO gone jumbo? To find out, they consulted with Integrated Asset Services, LLC in Colorado to see if foreclosures are moving up the real estate food chain. And
More About: Foreclosures , Luxury , Sales , Home , Short
Solar Shades for the Green Luxury Home
2008-05-14 17:07:00
by Roberta Murphy Upon first seeing these beautifully-designed solar panels, I couldn’t help but imagine other applications and modifications for the green lifestyle–whether it be in the luxury home, a school yard, a country club or off-the-grid project. Imagine these cobra-shaped shades as swiveling solar panels that take the place of outdoor umbrellas around the pool. Or ...
More About: Luxury , Solar , Home , Green , Quality of Life
Troubled Homeowners: Beware the Predators
2008-05-12 16:39:00
by Roberta Murphy The real estate predators are always there–in good times and in bad. There are whispered stories in real estate circles of certain escrow and loan officers who, in the heady days of real estate, slipped deeds into the stacks of papers homeowners were signing as they refinanced their homes. The deed, of course, moved ...
More About: Rants , Predators , Troubled , Beware , Homeowners
A Call to Luxury Blogs and Bloggers
2008-05-09 15:53:00
by Roberta Murphy I love luxury and enjoy reading luxury blogs. Unfortunately, it can be difficult to visit them all to ferret out the latest in luxury news. One solution is to create a luxury blog network that will syndicate content from the best luxury blogs–whether they are focused on bling, luxury travel, luxury ...
More About: Luxury , Blogs , Bloggers , Call
Meet This San Diego Real Estate Blogger in San Francisco!
2008-05-01 19:19:00
by Roberta Murphy I attended the Inman Connect event in San Francisco last year and met lots of people I only knew from the blogging world–and others who would become good friends. Could I resist missing this event, where we can peer over the bloody edge of the envelope and see what’s in store not only for ...
More About: Blogger , Estate , Real Estate , San Diego
Meet This San Diego Real Estate Blogger in San Francisco!
2008-05-01 19:19:00
by Roberta Murphy I attended the Inman Connect event in San Francisco last year and met lots of people I only knew from the blogging world–and others who would become good friends. Could I resist missing this event, where we can peer over the bloody edge of the envelope and see what’s in store not only for ...
More About: Blogger , Estate , Real Estate , San Diego
Luxury on a Gold-Plated Shoestring
2008-04-29 05:43:00
by Roberta Murphy I call Eve Sieminski the Polish Contessa. She loves fine jewelry, expensive hairstylists and fine wine. I don’t know where Eve shops for jewelry or what deal (if any) she strikes with her hairstylist, but we follow her wine recommendations religiously. You see, the Polish Contessa, has no problem pouring a classless ...
More About: Luxury , Gold
Nouveau Luxury Home Buyers: Instapreneurs
2008-04-23 22:01:00
by Roberta Murphy Who are these young and ultra-affluent buyers of homes in Rancho Santa Fe, Palm Beach, La Jolla, Aspen and Manhattan? Robert Frank, in his best-seller Richistan, calls them instapreneurs (didn’t he coin the term?). These are the new titans in technologies, who have benefited from a rise in financial speculation and governments that support free ...
More About: Luxury , Home Buyers , Home , Buyers , Nouveau
Is Hacking a Restraint of Trade?or a Vicious Crime?
2008-04-19 20:58:00
by Roberta Murphy Deepest apologies to those of you who were unable to access Luxury Home Digest this past week. It seems we were the victim of a malevolent hacking attack last Sunday night, whereby all of our content was deleted–on not only Luxury Home Digest, but San Diego Previews as well. Thanks to the tireless work ...
More About: Crime , Trade
Is Hacking a Restraint of Trade?or a Vicious Crime?
2008-04-19 20:58:00
by Roberta Murphy Deepest apologies to those of you who were unable to access Luxury Home Digest this past week. It seems we were the victim of a malevolent hacking attack last Sunday night, whereby all of our content was deleted–on not only Luxury Home Digest, but San Diego Previews as well. Thanks to the tireless work ...
More About: Crime , Trade
The Short Sale Solution
2008-04-12 16:25:00
by Roberta Murphy  Short sales and foreclosures have invaded even the luxury home market, but on a much smaller scale than the more modest real estate markets. More and more though, buyers at all levels are beginning to refine their requests when searching for real estate bargains–and are making specific requests: Show me foreclosures, show me great deals, ...
More About: Sale , Solution
Two Real Estate Tax Tips to Remember
2008-04-11 03:28:00
by Roberta Murphy Income tax filing is just around the corner, but here are a couple of tax tips you may want to keep on hand: 1. Congress, reacting to the subprime mortgage mess, has provided welcome tax relief to homeowners facing foreclosure. In the past, if a mortgage lender foreclosed on a property and it sold for less than what was owed, income taxes were due on that so-called “forgiven debt.” In other words, a homeowner who sold for less than what was owed on the home would still owe income taxes on the loss suffered by the mortgage lender. Now, for 2007-2009 tax years, this so-called “forgiven debt” will no longer be taxed–up to a $2 million cap. This provision may also be applied to amounts forgiven when qualifying loans are restructured in order to reduce the principal amount owed to the lender. 2. New to 2008 is an IRS provision that allows a surviving spouse who sells a primary residence no later than two years after the souse’s de...
More About: Estate , Real Estate , Tips , Real , Estate tax
Most Expensive Mansion in the World: Redux
2008-04-10 03:32:00
by Roberta Murphy Last year, I wrote a short article about the world’s most expensive mansion in Mumbai, India being built by uber-wealthy Mukesh Ambani. In addition to arguably being the most expensive private home in the world (how about $1 Billion to build?), it will also be the tallest–measuring in at 42 stories. Residence Antilla, though, ...
More About: World , Mansion , Most Expensive , The World
Most Expensive Mansion in the World: Redux
2008-04-10 03:32:00
by Roberta Murphy Last year, I wrote a short article about the worlds most expensive mansion in Mumbai, India being built by uber-wealthy Mukesh Ambani. In addition to arguably being the most expensive private home in the world (how about $1 Billion to build?), it will also be the tallest measuring in at 42 stories. Residence Antilla, ...
More About: World , Mansion , Most Expensive , The World
Most Expensive Mansion in the World: Redux
2008-04-09 22:15:00
by Roberta Murphy Last year, I wrote a short article about the world’s most expensive mansion in Mumbai, India being built by uber-wealthy Mukesh Ambani. In addition to arguably being the most expensive private home in the world (how about $1 Billion to build?), it will also be the tallest–measuring in at 42 stories. Residence Antilla, though, ...
More About: World , Mansion , Most Expensive , The World
La Costa Villas Offer Big Investor Bonus
2008-03-29 02:29:00
Roberta Murphy Investor s are moving back into the San Diego real estate market with impatient wallets. And luxury real estate investors are no exception. They are seeking well-priced foreclosures, pre-negotiated short sales and most favored of all: Real estate investments with income streams. So-called bargains in sub-marginal areas may not be the wisest real estate ...
More About: Bonus , Costa , Villas , Offer
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