A new Four Seasons Luxury Seaside Resort and Private Residences in Muscat, Oman has been announced to the public. This property will be located in Oman’s capital city along the breathtaking Sea of Oman and host 100 private residences. Residents will be able to enjoy all of the exclusive private beaches, fine dining outlets, and extravagant private cabanas on the side of beautiful indoor and outdoor pools.

The population of the Middle East is expected to continue to grow rapidly in the foreseeable future at 2 percent per year, which will most likely continue to increase while attracting some of the most luxurious guests to the new Four Seasons Hotels. The Four Seasons Hotels and Resorts and Oman Tourism Development Company (OMRAN Group) came together to announce these upcoming plans for those wanting to make the Four Seasons Residences their new exclusive home in the Middle East.

“The Middle East continues to be an integral part of Four Seasons growth strategy, as we look for opportunities to offer unmatched Four Seasons experiences in exciting and dynamic destinations such as Muscat,” said Bart Carnahan, President, Global Business Development and Portfolio Management, Four Seasons Hotels and Resorts. “We are excited to be a part of OMRAN Group’s long-term vision for the future development of Oman’s tourism landscape, further accelerating the strategic growth of its capital city and continuing to attract luxury guests and residents from around the world with a brand new Four Seasons offering.”

Four Seasons Resort and Private Residences Muscat, Oman joins Four Seasons' growing collection of properties in the Middle East, including the upcoming Four Seasons Private Residences Dubai at Jumeirah and Four Seasons Hotel Diriyah, Saudi Arabia.

The post Four Seasons Private Residences Announces New Expansion Into The Middle East appeared first on Haute Residence by Haute Living.

As we just hit the end of Q1, do you have a short update you can give on your unique market?

Joyce Rey, Beverly Hills, CA

The luxury real estate market continues to explode in the prime neighborhoods from Hollywood to Malibu. Q1 sales of $10M+ are up 28% year-over-year, while sales of $20M+ are up 108%. In the last week, we have sold two properties prior to photography or broker tours because of the historically limited inventory and buyer demand! The probability of rising interest rates is causing everyone to invest NOW. A recent article in the Wall Street Journal featuring real-estate economist Ralph McLaughlin suggests that retrospective annual inflation in the last month is 8.5% and prospective annual inflation is 15.4%, at that rate a 5% loan sounds cheap and the smart investor will realize that. It is the best seller's market that I have seen in my career. We need listings in order to satisfy our tremendous buying clientele! Now is the optimal time to request a confidential consultation, market evaluation, or preview off-market listings.

Elliot Bogod, Upper West Side, New York City, NY  

My Q1 observations include:

• During the pandemic over the last couple of years, the New York real estate market hasn't been as impacted by foreign buyers as it has in previous years, but he anticipates that European buyers will be attracted by the stability and demographics of U.S. real estate, and he expects a new wave of foreign buyers entering the market.
• International buyers are mostly from Canada, Israel, China, South Korea, and India.
• With the Euro remaining strong against the USD, it costs less for Europeans to buy in the U.S., and New York real estate should benefit from this discount.
• We saw strong volatility and losses in the stock market because of the conflict in Europe, including dips in the cryptocurrency market.

Despite the pandemic-stressed economy, real estate assets in Manhattan sustained liquidity and the shortage of inventory didn’t overly affect this. Currently, Manhattan and the southern metropolitan areas of New York are offering great opportunities for investors. The real estate market has always remained a haven and a hedge against risks that result from an uncertain economy.

I think this year and 2023 will be one of the greatest years for real estate in Manhattan, as New York has positive news with a new Mayor and a new Governor joining forces to clean the city and make a positive impact on people who are coming back to their offices and places of business.

Georgina Jacobson, Newport Beach, CA  

In Newport Beach, the number of listings and closed transactions has increased since the beginning of Q1 as we enter the spring season. The number of days on market has continued to decrease. Although there is more inventory, homes are still selling very quickly due to the high demand.

Photo Credit: Shutterstock

Amy Land-de Wilde, St. Croix  

We’ve seen both differences and similarities in comparing the first quarter of 2022 to that of 2021 on St. Croix in the US Virgin Islands.

By the end of the first quarter in both 2021 and 2022, there were 43 residential closings. As of the end of Q1 2022, there were another 93 homes under contract. The big difference between this year and last year is that there were only seven homes that sold over one million dollars in Q1 of 2021, and this year there have been 11 residential properties over $1million that sold in the first quarter of 2022. The real stand-out number is that there were 21 properties over $1 million under contract within the first quarter. Just to put this in perspective, there have been years where we have had just one $1 million home close. So having 30 homes that are a combination of closed or under contract that are in that range is really completely new to our market.

I always knew St. Croix was a gem; that’s why I moved here over 40 years ago and made this wonderful island my home! Now the rest of the world is setting their sights on St. Croix and our stats from the first quarter of 2022 reflect that!

Debra Johnston, Atlanta, Georgia

Atlanta has very little inventory at the end of Q1. Property pricing is inching upwards as demand is high for homes in the greater metro area.

 Joel Schemmel, Sarasota, FL

The Sarasota Market ends the first quarter strong! The number of properties sold in the first quarter of this year compared to the same quarter of 2021 is substantially down. However, prices are up! The number of sales is down only because of the lack of properties available for sale.

With the current low inventory of homes and strong demand, there will continue to be upward pressure on prices. At the same time, we are also seeing other market forces at work including interest rate increases, the situation in Ukraine, and inflation which may play into demand as the year evolves.

Photo Credit: Shutterstock

Brenda Wild, Aspen, CO

Coming out of the first quarter of this year the Aspen area is showing no signs of slowing down. Pitkin County which encompasses Aspen, Snowmass, and winds through Basalt and as far down to Redstone, has seen an increase of 11.6% in sales over 2021 so far. We have seen a decrease in transactions which means the median sales are higher in sale price.

The average sales price for a single-family home in Aspen is approximately $17 million, a change of 40% increase over 2021.

The average price of a single-family home in Snowmass is $5.75 million, an increase of 11% over 2021. This used to be the median sales price in Aspen not that long ago.

Interval sales, fractionals have seen a significant jump of 90% over 2021 with sales so far for this year being over $21 million. It has been a vehicle for those wanting to get into the Aspen/Snowmass Market to do so at an entry level of hundreds of thousands vs millions. For those traveling around the world, it also gives the purchaser more options with the networks in various locations.

Two things are brewing at this time in our area that could have rippling effects on the real estate market here. A building moratorium has been extended for another two months and the City of Aspen is reviewing the short-term rental. Depending on how they proceed with changing the current environment of either, there may be opportunities that open up for those waiting on the sidelines to purchase a property.

For more information, please call me at 970-379-2299 or email Brenda.Wild@bhhssignature.com

Shannon Francis, Snowmass Village, CO

The prices for single-family homes in my market have increased 73% while the time on the market has decreased by 40%.

Steven Presson, Palm Beach, FL 

The luxury real estate market along the coastal Palm Beaches remains as strong as ever. Even with rising interest rates and a recent war overseas, there's still fear among many buyers of missing out on the next opportunity - and they're willing to get what they want at any cost. Many of my clients are perceiving their need to overpay as simply a part of doing business in this hot market. While our median sales price has jumped almost 20% since last year, when you compare the shift to other luxury markets, the Palm Beaches remain an exceptional growing value.

Adriana Pinto-Torres, Hibiscus Island, FL 

The market was and is still hot, with continued inventory shortages in the luxury and ultra-luxury markets as well. Bidding wars were prevalent in Q1 2022, rising to new record levels. The recent rise in mortgage rates may decelerate the frenzied sales pace a bit bringing more inventory to the market, but supply will still be low. As released by our Q1 2022 Elliman Reports for the Florida sales markets, produced in conjunction with Miller Samuel, South Florida inventory was at a record low of 7,906 units, historically down from an average of 27,000 units from 2017 to 2019.
“Demand is driving the Miami real estate market and the lack of housing supply continues to fuel property appreciation and record sales,” MIAMI Chairman of the Board Fernando Arencibia Jr. said. “Until we see new listings outpace active listings consistently month over month, our market will continue its current trajectory even in the face of increasing interest rates. Homebuyers with positive cash flow, strong jobs, and high equity are relocating to live in South Florida. The shift to working-from-home, Miami’s fintech expansion, and Miami’s stature as the No. 1 U.S. destination for global homebuyers continue fueling demand.”

As released by the Miami Association of Realtors Miami-Dade County total home sales rose 5% year-over-year in March 2022, from 3,751 sales to 3,939. The 3,939 sales rank No. 3 among the highest sales months in Miami history, trailing only April 2021 (3,960) and June 2021 (4,057).

Photo Credit: Shutterstock

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The real estate market is constantly changing. At any given time, buyers and sellers may have more questions than answers. In the spring of 2022, many Miami residents are wondering when the housing market will balance out.

What is a balanced market?

First, it’s important to understand what a balanced housing market looks like. Whether it’s a buyer’s market, a seller’s market, or a balanced market has everything to do with the “months supply of inventory” or MSI. To determine the MSI, an individual must estimate how long a home will be on the market before it is sold or absorbed based on the homes currently being sold in the area. The absorption rate is the number of homes sold in a year divided by twelve.

In a buyer’s market, it is estimated that there is more than six months’ worth of inventory. When there is less than six months’ worth of inventory, it is assumed to be a seller’s market. A balanced market is said to occur when there is an estimated six months’ worth of inventory.

When will the Miami real estate market balance out?

Miami is currently experiencing very low inventory, as is most of the country, therefore making it a seller’s market.
“In recent years, it has become very tricky to predict when ‘balance’ will finally occur. However, indications are leading to the possibility of a balanced market by the end of this year,” says Miami Signature Homes President and top producer Mauricio J. Barba.

How has the COVID-19 pandemic affected the Miami real estate market?

At the beginning of 2020, when the COVID-19 pandemic started, national real estate experts projected that the housing market would enter into a depression. Seemingly in defiance of those expectations, by the summer of 2020, the housing market was booming. This phenomenon drove inventory down 32% when compared to pre-pandemic levels.

Locally, Miami experienced some of the highest housing cost increases anywhere in the United States, as reported by CBS4 Miami. Miami has always been attractive to Latin American and European investors, but more recently COVID restrictions in other parts of the United States, and the now ubiquitousness of remote work, have driven up costs as Americans look to relocate to the Magic City.

“They started coming to South Florida in droves,” said Jennifer Wollmann, board chair of the Miami Association of Realtors.

With buyers outnumbering homes for sale, Covid-19 has affected both supply and demand despite inflation rates. Prices in December rose by 29% in Miami-Dade, and by 18% in Broward according to the Miami Herald. Additionally, due to the high demand, buyers had no choice but to offer the listing price if they wanted to acquire a property.

Prior to lockdown restrictions, a poll conducted by Fannie Mae, showed that only 25% of homebuyers thought it was a good time to buy a home, compared to 69% who were convinced it was a good time to sell. A more recent poll showed individuals appeared certain that home prices would go up over the next year and they expressed increased concern about job stability than in the past reports.

“COVID has flipped our life upside-down, disturbed many aspects of everyday life, but the housing market had exceptional performance,” Lawrence Yun, chief economist of the National Association of Realtors, told FOX Television Stations.

Is the Russia-Ukraine Situation Affecting the Miami Real Estate Market?

Another worrying aspect for sellers and buyers is undoubtedly the situation in Ukraine and its effects on housing in the United States. The effects of the Ukraine crisis certainly are impacting oil and energy prices. Until now, we haven’t seen changes in real estate. However, if those energy prices remain elevated for a significant period, the potential effects may hit the housing market. In other words, higher energy prices could make consumers even more apprehensive about making big purchases.

Elevated oil prices, material shortages, distribution delays, and increased shipping costs, all ultimately affect construction prices. Some commodities for new home construction have reached record-high price levels, making experts believe home prices will rise by as much as 22% this spring. In addition, the lack of construction materials has created a new-home construction supply gap of 5.8 million houses as of February 2022.
Although the situation in Russia and Ukraine is creating significant uncertainty, experts are reluctant to change their forecasts for the spring housing market, as the future is more unpredictable than it was before.

“Currently, we are all concerned with Ukraine/Russia's effect on our hyper-local market, but at this moment it doesn’t seem to have noticeably affected the housing market. Prices remain high and buyers are paying, generally speaking,” said Barba. “Even so, the market is continuing to change very quickly making it more important than ever for buyers and sellers to work with a real estate professional to navigate these changes.”

According to industry insiders, changes in inventory aren’t projected to change in Miami in the near future. However, interest rates are already on the rise, which will affect the market.

Speak to a High-End Real Estate Expert

Miami Signature Homes President and top producer Mauricio J. Barba has been a mainstay in Miami’s uber-competitive high-end real estate market since 1994. Respected in his native community by clients and colleagues alike; he has logged top honors for elite performance in his field. Mauricio is connected worldwide but specializes in Coral Gables, Coconut Grove, Key Biscayne, Brickell, Village of Pinecrest, South Miami, Palmetto Bay/Falls area, and the Beaches.
The Miami Signature Homes team is relatively small compared to their sales volume. That has been important in keeping relationships with clients at a very direct level. Mauricio, Tania, Vicky, and Sebastian each maintain strong personal connections and professional relationships with all of their clients, many of which have been with the team for decades.

Because of this personal level of service, they are able to devote individual attention and care to every home sale or search. Assistants are great, but Miami Signature Homes makes sure their principals are the people solely responsible for returning important calls or emails 24/7, 365 days a year.

If you’re passionate about white-glove treatment throughout one of the most important financial experiences of your life, call us at 305.439.8311.

Sources:

https://realtytimes.com/advicefromtheexpert/item/38353-how-to-determine-if-it-s-a-buyers-sellers-or-a-balanced-real-estate-market

https://www.cnbc.com/2021/11/23/rising-inflation-hot-housing-market-what-you-need-to-know-about-buying-a-home.html

htps://dqydj.com/historical-home-prices/

https://www.statista.com/statistics/273418/unadjusted-monthly-inflation-rate-in-the-us/

https://fortune.com/2022/02/28/spring-housing-market-predictions-2022/

https://www.vox.com/22264268/covid-19-housing-insecurity-housing-prices-mortgage-rates-pandemic-zoning-supply-demand

https://www.fox29.com/news/will-real-estate-housing-market-crash-or-cool-off-in-2022-experts-give-their-2-cents

https://fortune.com/2022/02/08/should-i-buy-house-sellers-market-housing-real-estate-fannie-mae/

https://fortune.com/2022/02/17/historic-housing-shortage-more-pain-homebuyers

https://ww.fortunebuilders.com/miami-real-estate-market-trends/

https://www.france24.com/en/live-news/20220130-miami-s-lure-during-covid-sends-housing-prices-through-the-roof

https://www.miamiherald.com/news/business/real-estate-news/article257514504.html

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The Avila estate hit the market in September 2021 represented by Jennifer Zales from Coldwell Banker Residential Real Estate and was ultimately sold for $8.3 million last week. Zales explained in a statement, “706 Guisando De Avila is a true masterpiece located in one of Tampa’s most exclusive and sought-after communities. The property offers unparalleled luxury lifestyle and first-class privacy, making it the perfect retreat away from the bustling city life.”

Darcie Glazer Kassewitz and her husband Joel are making big real estate moves this year and have now sold their Avila property in Tampa. Since Darcie is the co-owner of the beloved Tampa Bay Buccaneers, it comes as no surprise that they are making real estate investments in the area. However, the couple is not just working on selling homes. In June 2021 they bought a waterfront home in Davis Islands for $12.5 million.

Tampa isn’t the only place the Glazer Kassewitz's seem to be focusing on. In February the couple parted with their stunning $53 million property in the luxurious Palm Beach area. The home is similar in size to the Avila property they recently sold within the 25-30,000 square-foot range. Given these two sizeable transactions over the past couple of months, it looks like we can expect to see a lot of action from them in real estate this year.

Photo Credit: Coldwell Banker Realty

Photo Credit: Coldwell Banker Realty

Photo Credit: Coldwell Banker Realty

For more information, please contact Jennifer Zales at 813-758-3443 or jennifer@jenniferzales.com

Jennifer Zales is the exclusive agent representing the Tampa Bay, Florida real estate market as a member of the Haute Residence Real Estate Network. View all of her listings here.

The post Top Realtor Jennifer Zales Sells Co-Owner Of Tampa Bay Bucs’ Avila Estate For $8.3M appeared first on Haute Residence by Haute Living.

Snowmass Village

Photo Credit: Shutterstock

Shannon Francis is a native of Aspen and has unique insight into the fine details of real estate in the Roaring Fork Valley. With her husband, Shannon has successfully started and developed Glenwood Springs’ only Tandem Paragliding operation, demonstrating the skills required to thrive and grow in the market's tourist-driven economy. She believes that each and every client deserves the highest standard of care regardless of budget, timeline, or desire.

Shannon talked with Haute Residence about how she got started in Real Estate and about running her successful tandem paragliding business.

How did you get your start in the business?

I originally started in the real estate business because I was working with a residential developer in the central valley of California. I thought that having my license would help me understand the business better and be able to work with more knowledge in my job. I was also selling my condo in Aspen and wanted to avoid real estate commissions on the sale. That was in 2005. I then let my license go inactive while I focused on raising my son and working for our paragliding business. As we transitioned during the Covid pandemic I decided to reactivate my license and start getting back to real estate.

Photo Credit: Shutterstock

How did you go from tandem paragliding to real estate?

In essence, I do both. I am a managing member of our paragliding LLC and spend every morning from May 1 to September 30th working for the paragliding business. I then transition to real estate in the afternoon. I believe my paragliding business provides access to people that I might not encounter in everyday life and that in effect helps my real estate business.

What sets you apart from other real estate agents?

I am personally involved in all my transactions. I don't have people that I hand work off to in order to take on more clients. All my clients are my top priority so I do not overload my plate because I want each client to get the personal attention they deserve during their transactions. I was born in Aspen and know the ins and outs of our valley better than anyone I know. I have submerged myself in the community and think outside the box to get my clients the best possible outcomes in any situation.

Photo Credit: Shutterstock

Why do you consider Roaring Fork Valley not just a city, but a lifestyle?

The Roaring Fork Valley is a lifestyle because here we really enjoy nature, culture, and health. It is not simply a place to own property but really it's a place to live, in every aspect of the word. All of our communities are relatively small but offer world-class food, cultural events, schools, outdoor activities, and sports. The people you meet here are invested in living well-rounded, healthy lives.

What has been your favorite memory throughout your real estate career?

I have great memories from all my transactions, but the most significant lately is that I helped a good friend get into the perfect house while he was going through a very difficult divorce. By finding him the house and helping him get financing, it allowed him to stay in the valley near his kids and get out of an impossible situation.

For more information, please contact Shannon Francis at 970-319-7430 or aspensmf@gmail.com

Shannon Francis is the exclusive agent representing the Snowmass Village, CO real estate market as a member of the Haute Residence Real Estate Network. View all of her listings here.

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Nestled away in a matchless spot, Belize is a nation of Hispanic, English, and Caribbean influence and a top destination on any traveler’s list. The coastal paradise boasts lush jungles, historic Mayan ruins, and snaking rivers that run from the tip of Corozal to the bottom of Toledo. As you venture out to the coast, you’ll find quaint islands like Caye Caulker, where “go slow” is the charming motto the island’s residents live by. The more popular Ambergris Caye is home to San Pedro Town, the continually growing marquee destination for ex-pats from all walks of life. Proximity to the Barrier Reef, crystal blue waters, and year-round summery weather have made Belize a go-to vacation spot and a second or even permanent home to many. Whether you’re a free spirit who wants to put down roots on an island oasis or an entrepreneur planning your next big move, Belize has something for you – you betta Belize it.

Belize is often praised for its undisturbed flora and fauna replete with lush jungles and thoughtfully restricted marine zones making the country an ecotourist’s haven. In a world where climate change and reducing one’s carbon footprint are ever-growing concerns, Belize is a veritable utopia where Mother Nature still reigns supreme. A number of established eco-resorts - many of them private-island-based - enjoy very consistent high-end business whilst legitimately pioneering a new way of traveling. Size isn’t an issue either; the moderately-sized 7-acre Ray Caye located about an hour’s boat ride from Placencia, has 20 rooms and accommodates no more than 50 guests at a time and also features a pristine gym, yoga studio, Pelagic store, and gift shop. 

The private island buy-in is actually more flexible than one would expect with costs ranging from as low as US $250,000 for 1–2-acre options to as much as US $20 million for behemoth acreages prime for development. Most of the private islands in Belize are undeveloped, making it a playground for creating the tropical paradise of your dreams. Building from the ground up ensures that you’ll get exactly what you want every step of the way. Imagine the possibilities of launching a boat off of your own private deck or concluding the 2-hour flight to Belize from Miami by landing on your own heliport? It’s important to note that some structures might require an Environmental Impact Assessment (EIA) which may seem intimidating but is a non-factor with the right builders. 

The country benefits from a fixed exchange rate of two to one to the US dollar (BZE $2 = US $1), currencies such as £ Pounds and € Euros can be exchanged at most banks. The combination of the stable and predictable currency, an ever-increasing demand for rooms, and new flights being continually added, makes for a favorable business environment for those looking to net strong ROI as they consider a potential move or investment. Of course, you may also just be looking for your dream escape, expenses be damned. 

Now that you're at the point of buying a private island, you might be asking ‘how does one navigate the tricky world of real estate with the laws and regulations from a country unknown to you’? This is where the expertise of a firm like 4Realty comes in. A service leader in the industry, our broker and agents offer a distinct and proven insight into Belize’s landscape and pride themselves on providing excellent and ethical service to their clients. The right agency hits the ground running, from the early stages of direct marketing and advertising to closing the deal on your new paradise home. Throughout the process, you need to be able to trust that you’re in the capable hands of seasoned agents whose goal is to see their buyers and sellers walk away happy and free. 

In Belize, real estate agents can represent both the buyer and seller which can sometimes lead to murky deals. That’s why it’s important to choose a firm like 4Realty that’s an International Realtor® Member and a proud member of the Belize National Association of Real Estate (BNAR), an organization committed to implementing legislation and licensure within the industry and abides by a stringent code of ethics. If you require further help in developing your newly acquired property, starting a business, navigating permits, or anything else you might need to make your move to Belize seamless, you can count on the consulting branch of 4Realty, Arch Consulting Group to dutifully guide you through the process. As luxury real estate continues to rise in Belize, isn’t it time to kick your feet in the sand and stay awhile? 

For more information, please contact Carlo Habet at carlo@4realty.bz or +1 (754) 444-7773

Carlo Habet is the exclusive agent representing the Belize real estate market as a member of the Haute Residence Real Estate Network. View all of his listings here.

The post You Better Belize it! Carlo Habet Talks How To Navigate Buying A Private Island In Another Country appeared first on Haute Residence by Haute Living.

Dana Flanagan is an award-winning Realtor and active resident of Connecticut & Fort Lauderdale, Florida, serving the community and surrounding areas. With 21 years of experience and over 85+ homes sold per year, Dana is experienced, detailed, prompt, and passionate about her clients receiving excellent service and results. She has brokered deals all over Connecticut & South Florida from Residential, First-time Homebuyers, New Construction & Developments, Luxury Properties, and Relocation. Her listings have been featured on the popular HGTV show House Hunters.

She recently joined renowned international brokerage Nest Seekers International, an established market leader worldwide.

"I am thrilled to be associated with Nest Seekers, a well-respected global brokerage on the nexus of technology and media," Dana told Haute Residence. "Their innovative approach to marketing and digital media is like nothing I have seen in my career. I couldn't be happier to be working alongside these elite leaders in the industry."

Nest Seekers is a global real estate brokerage founded in 2002 by industry visionary, Eddie Shapiro. Nest Seekers evolved at the forefront of the digital media revolution, reaching a new generation of clients. The firm gained international exposure from groundbreaking media partnerships that propelled agents into television stars and social media influencers. This innovative approach revolutionized the industry and fueled Nest Seekers rapid growth, resulting in a proprietary platform capable of promoting listings to millions around the world. Today, Nest Seekers has 25 offices and 1200 agents positioned in key markets throughout New York, London, Beverly Hills, Colorado, New Jersey, Miami, Palm Beach and Connecticut. The firm continues to gain global exposure on the television series, "Million Dollar Listing New York," and the Shapiro Executive Produced Netflix hit, "Million Dollar Beach House."

Dana Flanagan is the exclusive agent representing the Ft Lauderdale Beach, FL/Middlesex, CT real estate market as a member of the Haute Residence Real Estate Network. View all of her listings here.

For more information, please contact Dana Flanagan at 860-796-0562 or dana@nestseekers.com.

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"The Berkshire Hathaway brand is iconic and world-class, it has a network of companies that is rivaled by none. We are thrilled to be a part of this incredible network real estate alliance within the brand."

Brenda Wild, broker/owner of Remax Signature in Aspen, CO, proudly announces that they are now Berkshire Hathaway HomeServices Signature Properties.

"Through the decades of my real estate career I have experienced various markets," Brenda says. "I have enjoyed being with independent companies and a few franchises. For the last ten years, I have owned a Remax franchise, but this past year it was time for a different direction. The opportunity presented itself to set us apart and bring our clients a level of notable representation; a powerful alliance with global leverage."

For more information, please contact Brenda Wild at 970-379-2299 or brenda.wild@bhhssignature.com

Brenda Wild is the exclusive agent representing the Aspen, Colorado real estate market as a member of the Haute Residence Real Estate Network. View all of her listings here.

The post Brenda Wild Announces that REMAX Signature is now Berkshire Hathaway HomeServices Signature Properties appeared first on Haute Residence by Haute Living.

The Miami Design District announced the arrival of its first new Class A office building, The Ursa. Combining museum-quality art by Daniel Arsham with ten floors of office space, The Ursa will transform the work experience in its unique environment.

The Ursa is being developed by Miami Design District Associates. It is a joint venture between Dacra, L Catterton Real Estate, and Brookfield Properties. The fifteen-story building houses ten floors of office space. There are two retail spaces available on the ground floor and outdoor areas on every level. Included on each floor are a private balcony and floor-to-ceiling glass windows. Also, the rooftop features an indoor/outdoor garden deck that all tenants can access.

“The Ursa is an exceptional addition to the Miami Design District. In keeping with our development approach, our emphasis was creating something that truly enhanced the built environment and added to the overall experience of being in this unique community. Bringing a dynamic office building offering to the Miami Design District is an important next step in the neighborhood’s evolution and we are so excited to watch it unfold. We know the District has so much to offer and businesses want to be a part of what we have built here. We cannot wait to welcome them,” said Mathieu Le Bozec, Managing Partner, L Catterton Real Estate.

Arquitectonica designed The Ursa to fit within the artistic neighborhood of the Design District. It features monumental artworks incorporated into the building’s façade. Famed contemporary artist and founder of architecture and design company Snarkitecture, Daniel Arsham, was inspired by Greek and Roman sculptural reliefs when creating these artworks. The Ursa’s interior art and furniture were also created by Arsham.

“Having an almost life-long personal presence and relationship within the Design District it’s an honor to be invited to collaborate with Dacra on The Ursa. The integration of the surrounding tropical landscape with world-class architecture, contemporary art, and design sums up, to me, what is special about Miami and this neighborhood specifically. I expect this building to become a landmark to the city and an important example of how art and architecture can coexist in exciting new ways,” said Daniel Arsham.

Located at 30 NE 39^th street, The Ursa is situated in an ideal location. Tenants will have access to the restaurants, stores, and cultural institutions of the surrounding Miami Design District. Direct accessibility to I-95 is another convenient aspect of the building’s location.

The Ursa is expected to be completed by fall 2024 and is now leasing. For more information visit theursa.com.

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The former Las Vegas home of iconic musical artist Michael Jackson has just been listed at $9.5 million. The King of Pop began renting the estate for $50,000 per month in 2006 after returning from his travels in Ireland and the Middle East. Jackson valued the residence for its spacious accommodations, privacy, and close proximity to all-things-Vegas. 

Presented by Zar Zanganeh representing The Agency Las Vegas, this elegant, sprawling estate comprises a 17,000 sqft. mansion seated on a one-acre plot. Located in the heart of Las Vegas’ exclusive Lakes neighborhood, the estate was built with location in mind — the world-famous Strip and downtown Vegas are just 15 minutes away from the residence. Those who value privacy and tranquility while still near the bustle of the city need not worry: the estate is fully enclosed by an 8-10 ft. wall with a gate located at the front for easy access.

Not to be outdone, the lavish, Roman-style interior features high ceilings with custom chandeliers, an indoor fountain, a ballroom, an office wing, a fully equipped bar, and a spacious movie theater. The estate’s equally impressive backyard boasts a covered kitchen for summer BBQs, a pool, a spa, a full-sized tennis court, and a rooftop deck for dazzling late-night Vegas views. The residence also includes several pieces of furniture that were owned and used by Jackson himself. 

With 8 bedrooms and 9 bathrooms, this Las Vegas home has room to spare. The estate’s wide array of luxurious amenities both inside and out make it perfect for entertaining guests while maintaining complete comfort and privacy for those quiet nights in. For buyers who want to bring the eclectic tastes of Sin City into their own home, look no further: this elegant property is one fit for a king—pop or otherwise. 

For more information, contact Zar Zanganeh at 702-400-0645 or zar@theagencyre.com.

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Arthur A. Cameron III, the grandson of Beverly Hills oil tycoon Arthur A. Cameron and Hollywood actress Kay Aldridge, listed Rancho Cariñoso for $109 million. Now listed, it is ranked one of the top 20 of the most expensive homes for sale in the world.

Rancho Cariñoso is situated on a beautiful 4.21-acre oceanfront lot in Santa Barbara County. It is the only property in the Padaro Lane bluffs area to have beach access. A 2,500-square-foot home currently sits on the lot, and multiple building sites are available. The possibilities for streamlined building are endless.

Arthur A. Cameron III grew up in multiple homes in both Palm Springs and the Santa Barbara area. “Both my grandfather and father had the keenest eye for remarkable pieces of one-of-a-kind, truly exceptional real estate all over the world," he said.  "But none with quite the special kind of idyllic magic that this property holds. It's truly a once-in-a-lifetime large piece of prime coastal land with unmatched offerings and capabilities on and off the serene Pacific Ocean. An unparalleled place to grow up and live within.”

Rancho Cariñoso is also perfect for equestrian enthusiasts as it is zoned to stable up to nine horses on its grounds. A private horse trail also leads directly to the beach where (unlike other beaches close by) horseback riding is allowed at all hours of the day.

Due to Rancho Cariñoso's proximity to the ocean, it is convenient for yacht owners as they can dock their yachts in front of the property. Residents can experience world-class lobster diving in front of the property as well.

Rancho Cariñoso truly has it all. This ocean oasis and equestrian dream has something for everyone.   "This is a rare, once-in-a-lifetime opportunity," listing agent Sean Matthews emphasizes. "To own a piece of California's iconic coastline and make it your own. This world-class legacy property is unlike any other beachfront estate on the market today."

For more information on this stunning property, please visit the website here.

All Photo Credits: Gavin Cater 

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Sandra Fiorenza is a luxury real estate expert who perfectly exemplifies the Miami lifestyle that she sells to buyers in the South Florida market. Whether in real estate, lifestyle branding, or philanthropy, Sandra outshines her competitors as a cutting-edge entrepreneur. Due to her sophisticated background and international connections, Sandra has the upper hand in her career as a real estate agent.

Sandra was born and raised in Germany and obtained an MBA from the University of Dusseldorf before working in the advertising and fashion industries. As early as 1992, she could see Miami‘s potential as a globally significant location and knew it would be the next place she called home. Sandra officially made the move to the Sunshine State in 1998 and began to establish herself as a luxury broker/agent.

Prior to joining a real estate firm, Sandra was a homeowner on Fisher Island, in Miami, Florida. Here she bought, sold, gutted, designed, redesigned, and resold apartments due to the location’s high investment value and luxury lifestyle. In 2010, Sandra partnered with ONE Sotheby’s International Realty; she was then able to expand her sphere of influence and become a widely recognized leader in the Miami Beach real estate community.

Sandra also loves giving back to the community of Miami. She says she, “loves creating opportunities for people, especially children, and making education, healthcare, and alternative medical therapies more accessible.” Her philanthropic pursuits include fundraising events for the University of Miami Jackson Health System and GiveBack for Special Equestrians. Sandra’s involvement with Special Equestrians is especially close to her heart as she was an accomplished equestrian in both Germany and the United States.

With decades of personal immersion in the luxury lifestyle, Sandra Fiorenza’s expertise in luxury experiences is unmatched. Sandra has accumulated about $500 million in total career sales and $65 million just in 2021. Her international background and experience in the lifestyle sector allow her to perfectly market and select suitable clients from around the world.*

For more information, please contact Sandra Fiorenza at 305-281-4727 or sandra@fiorenza.cc

Sandra Fiorenza is the exclusive agent representing the Miami Beach, FL real estate market as a member of the Haute Residence Real Estate Network. View all of her listings here.

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Monday, February 28th, the Aston Martin Residences Art Gallery announced their inclusion of Robi Walters’ newest art piece in their virtual gallery. The exhibit, entitled “You’ll Know When You Get There” marks the latest entry into Walters’ impressive and innovative body of work — for over a decade, the London based artist has compiled captivating, colorful pieces of art out of discarded items, from scraps of flyers to broken vinyl records. 

Walters’ work has been the subject of much acclaim in the art world, attracting celebrity collectors such as Thandie Newton and Jillionaire. Walters’ has also collaborated with world-renowned musicians from U2 to Paul McCartney, their partnerships raising both awareness and funds for multiple charities. 

Regarding his newly unveiled piece, Robi Walters said, “To bring my artwork and creativity to the Aston Martin Residences virtual gallery feels like we are all stepping into the future… I’m very excited to be showing my interpretation of the Aston Martin Residences. The colors in the painting are inspired by the sea, by Miami itself, and the sun’s rays hitting the reflecting glass shell… Transforming discarded materials into beautiful artworks brings balance and harmony to any room where they are displayed.”

“You’ll Know When You Get There” by Robi Walters is on display and ready to view at the Aston Martin Residences immersive virtual gallery at www.astonmartinresidences.com/amrVirtual/index.html

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The late Sheikh Saleh Abdullah Kamel’s stunning contemporary estate has finally sold for $24.5 million after almost two years on the market. During his lifetime, Sheikh Kamel made his fortune working as a banker and financier, controlling a wide range of companies. First purchased back in 2010, the Beverly Park estate was a prominent asset for Kamel in the United States.

John Simonian, owner and CEO of luxury watch shop Westime, is the new owner of the Beverly Park estate adding to the two other multi-million-dollar properties he owns in the area, one being a French Chateau style estate and the other an empty lot. In addition to running his luxury watch shops, Simonian has established himself as a real estate investor having bought and sold multiple estates in Miami, making a sizeable profit.

Both Simonian's newly acquired modern estate and his other estate within Beverly Park were designed by architect Richard Landry. Despite this commonality, the style of the two estates couldn’t be more different.

Photo Credit: redfin

Photo Credit: redfin

Located in the exclusive 90210 zip code, neighboring many celebrities and business elite, the property offers optimum security. Back in 2000 when the house was conceptualized by the Landry Design Group, the estate certainly stood out for its modern visionary design. Over the years, the ultra-modern style has become somewhat controversial, which may account for the steep price drop while the estate remained on the market.

The sleek white exterior of the estate extends into the home, accented with light hardwood and large glass windows inviting plenty of natural light to flow throughout the home. Located on 6.79 Acres with 11 bedrooms, 18 full bathrooms, and a 4+ car garage, the estate is sure to impress.

Photo Credit: redfin

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Debbi DiMaggio and Adam Betta Present

Shaded by huge redwood trees, the professionally designed and landscaped gardens, a private oasis of plants and fragrant flowering shrubs welcomes you.

Situated in the Montclair hills, set back off the street surrounded by beautiful trees on an expansive level property 16 Rydal Court is a sophisticated 4 bedroom 2.5 bath reimagined Mid-Century Modern architectural jewel. Enjoy the open floor plan with vaulted ceilings and exposed beams, tall windows that flood the rooms with natural light; a private retreat from the hustle and bustle of daily life.

When you come home after a day out you'll immediately feel the stress disappear. A peaceful and tranquil setting renovated with modern conveniences and designed to take full advantage of the gorgeous gardens and skyline.

The main level includes a living room with a gas fireplace set against a dramatic backdrop. The entryway is open to the gracious living room with gleaming oak hardwood floors beneath a timber ceiling complimenting exposed beams. Between the living and dining room, a series of tall windows overlooking the deck and garden can be accessed through sliding glass doors creating a beautiful indoor-outdoor flow. Adjacent is the updated kitchen with a center island and stainless appliances. Beyond is a stylish half bath plus a large bonus which makes an ideal media room or gathering place. Redesigned by the current owners is the dramatic staircase that leads to four bedrooms; a generously sized primary suite that opens out to a private deck with a seating area and lovely vistas. The gorgeously appointed primary bath is complete with jetted sunken tub and a large shower area. A walk-in custom closet completes this private bedroom retreat. Three additional bedrooms, a full bath with jetted tub, and a spacious laundry room with a full-size stackable washer and dryer complete with a laundry sink, folding counter, and cabinets.

From the moment you approach this home, you will appreciate the lush landscape. At the front, down the charming pathway that leads to a patio and continues on down to multiple open spaces a grassy area on the right plus a second level area for fireside chats on the left. Enjoy multiple quiet spaces for entertaining, relaxing, and soaking in the surrounding natural beauty. The swinging bench is perfectly suited to evening contemplation of the glorious sunsets and cityscapes of the East Bay.

The home is conveniently situated near state and regional parks, sought-after schools, and the Montclair Village with its eclectic mix of independent shops, Sunday Farmers Market, the annual street fairs, jazz festival, and neighborhood favorites like the Montclair Egg Shop and The Yellow Door. A quick drive or bike ride brings you to the Redwood Regional Park system with miles of hiking and biking trails.

4 Bed | 2.5 Bath | 3,168 Sq Ft.

Address: 16 Rydal Court, Oakland, California 94611

Price:  $1,595,000/SOLD

For more information, please contact Debbi DiMaggio and Adam Betta at 510-414-6777 or Debbi.DiMaggio@CorcoranGL.com

Debbi DiMaggio and Adam Betta are the exclusive agents representing the Oakland / Berkeley / Piedmont, CA real estate market as a member of the Haute Residence Real Estate Network. View all of their listings here.

The post Sold ! Debbi DiMaggio And Adam Betta Present A Mid-Century Modern Home In The Montclair Hills appeared first on Haute Residence by Haute Living.

Real estate investors can take advantage of numerous tax breaks and you also benefit from decades of deductions that help lower your taxed income. Here are some more great reasons you should invest in real estate.

Build Equity and Wealth:

As you pay down a property mortgage, you build equity—an asset that's part of your net worth. And as you build equity, you have the leverage to buy more properties and increase cash flow and wealth even more.

Portfolio Diversification:

Another benefit of investing in real estate is its diversification potential. Real estate has a low—and in some cases negative—correlation with other major asset classes. This means the addition of real estate to a portfolio of diversified assets can lower portfolio volatility and provide a higher return per unit of risk.

Cash Flow:

Cash flow is the net income from a real estate investment after mortgage payments and operating expenses have been made. A key benefit of real estate investing is its ability to generate cash flow. In many cases, cash flow only strengthens over time as you pay down your mortgage—and build up your equity.*

For more information, contact Eugenia C. Foxworth at 212-368-4902 or eugenia@foxworthrealtyonline.com.

Eugenia C. Foxworth is the real estate agent exclusively representing the Uptown, New York market as a member of the Haute Residence Real Estate Network. View all of her listings here.

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For more than four decades, Joyce Rey, who heads the Global Luxury Division for Coldwell Banker, has proven herself indispensable in the refined world of international luxury real estate. She is nothing short of a legend—among her celebrity clients, her professional colleagues, and the community she serves. One of the most respected names in top-tier real estate worldwide, Rey has amassed nearly $6 billion in career sales. With a dazzling list of accolades, awards, and sales records, she is known, most of all, for her incomparable knowledge of the luxury marketplace, her acute ability to negotiate even the most complex transactions, and her particular talent for putting clients at ease.

Recently, Joyce talked with Haute Residence about the Beverly Hills market and where she sees real estate trends going in the future.

Haute Residence: What is unique about your market?

Joyce Rey: What makes Beverly Hills unique is that it almost exclusively deals with luxury homes, and I have been involved in this luxury segment of Beverly Hills my entire career. I have, on several occasions, sold the most expensive house in the United States, and in 1979, I started the first division in the world to only handle million-dollar houses. In today's market that doesn't seem that impressive but back then no one could believe there was a company only handling million-dollar houses. It was very exciting and made news around the world. I would say that's the single most unique part of the market I deal with, that the geographic area lends itself to these beautiful estate properties.

670 Hot Springs Road, Montecito, CA 93108

HR: What kind of trends have you been seeing recently in the market? Has COVID affected the market?

JR: The first trend improved our market. All of a sudden the household became the focus of people’s lives because they were living in their homes all day long and doing their work from home. I actually predicted that when COVID first hit and we had the first lockdown. I would say the prevailing thought among realtors was that we were going to have a tough time and that we wouldn't be able to sell houses during the pandemic but I tried to look for the silver linings. The first was that there was no traffic on the roads. I thought that was fantastic! I could always get to my appointments on time! Secondly, I looked at my own situation and I never used to spend any time in my house during the day unless I was sick. I was out and about all day long and then I would go out in the evenings, so I was largely in my house sleeping. All of a sudden I was locked up in my house for three weeks and I’m thinking it’s not just me who's looking around their house and realizing how important it is and the things I could be doing with it… this is going to be prevalent amongst everyone. They're going to want to have a larger place to live, a home office, a gym, an outdoor area, etc.

HR: Are there any other trends that have been happening recently now that we’re beginning to come out of COVID?

JR: Well we’re coming out of COVID but we’re coming into a difficult time in the economy with inflation hanging over our heads. Typically, real estate does well in times of inflation, though one concern, of course, is interest rates. Usually, the federal government will raise interest rates to tamper down inflation, so it’s kind of a catch-22. Another thing is the luxury market is the strongest it's ever been, presumably because people are searching for safe places to put their money and traditionally real estate is one of the safest. Especially if you’re spending more time in your home, what better place is there to have part of your savings than in your personal residence?

9152 Janice Pl, Beverly Hills, CA 90210

HR: What do you see happening in the future for your market?

JR: Most people would say that there has to be hills and valleys and since we’ve been on a 10-year up-trend there could be cloudy skies ahead, but I just don't see any indication of that in the marketplace. People are generally optimistic right now, though it has been harder for developers to find projects because the prices are high. We are in a seller’s market, so it’s hard for them to find projects where they can see a profit at the end. That certainly is problematic, though ultimately that means less supply, and less supply means rising prices, so right now most people are thinking that 2022 is going to be a favorable year for real estate—especially for luxury real estate.

Joyce Rey is the exclusive agent representing the Beverly Hills, California real estate market as a member of the Haute Residence Real Estate Network. View all of her listings here. For more information, please contact Joyce Rey at 310-291-6646 or joyce@joycerey.com.

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Hyland was a real estate expert, architectural historian, and author who was highly respected in his community. His wife, Lori Hyland, shared a message on Hilton & Hyland’s latest Instagram post saying, “I am thankful to all of you for sharing your wishes and prayers during Jeff’s illness. Your support and kindness have touched me deeply and I know you mourn with me now.”

Hyland grew up in Holmby Hills, Los Angeles, and was fascinated by homes and design at a young age. He was accepted to Cornell School of Hotel Administration in New York. However, he decided to stay in California and attend United States International University in San Diego where he graduated with a degree in Business Administration.

In 1975, Hyland was licensed as a broker. He was a founding partner at the brokerage firm Alvarez, Hyland & Young from 1980 to 1990. Finally, in 1993, Jeff Hyland and Rick Hilton co-founded Hilton & Hyland. It became the highest-producing luxury boutique brokerage in the world. Hyland had a wonderful reputation as a broker with a passion for architecture and estate genealogy.

Jeff has been a part of the Haute Residence network from the very beginning and was an icon of the real estate community. His legacy will never be forgotten. Our thoughts and prayers are with his family at this time.

The post Jeff Hyland, Co-Founder And President Of Hilton & Hyland, Has Passed Away After Battle With Cancer appeared first on Haute Residence by Haute Living.

Mother-daughter team Roberta and Giovanna Ingletto recently sold their luxury listing at the Four Seasons in Surfside, Florida. Unit 511S was put on the market at $24M and sold for $23,000,000 making it the highest resale sold price of the building ever. Not only that but with a price of $4,927/sqft, this unit is also the highest price per square foot ever in Miami-Dade county.

The Four Seasons at the Surf Club has a sparkling reputation and many stars have graced its hallways over the years including Frank Sinatra, Elizabeth Taylor, and Winston Churchill. Located along a 9-acre stretch of beachfront in the district of Surfside, the Four Seasons Hotel and Residences at The Surf Club exudes effortless elegance and timeless values. Designed by Pritzker prize-winning Richard Meier, the Four Seasons is an exclusive beach sanctuary

Unit 511S is a one-of-a-kind, turn-key, oceanfront corner residence in the Four Seasons at The Surf Club. Classic & contemporary, this condo was designed by Brazilian architect Carolina Proto and features custom millwork, gourmet Boffi kitchen, SubZero & Miele appliances, Italian travertine floors, Ornare closet cabinetry, floor-to-ceiling windows, a 1,300 sqft terrace, private foyer & more.

For more information, please contact Roberta or Giovanna Ingletto at 305.778.7343 or roberta@rgirealty.com / gio@rgirealty.com.

Roberta and Giovanna Ingletto are the exclusive agents representing the Pinecrest / South Miami, FL real estate market as members of the Haute Residence Real Estate Network. View all of their listings here.

Photo credits: RGI Realty

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Ian Slater and Eduardo Martinez of Compass present a noteworthy property in NYC. This quad-plex penthouse, complete with a 24hr doorman, has officially hit the market for $6.9995M. The captivating 3,785 sq ft. property has a unique and fascinating history. Most notably, Britney Spears lived in the penthouse for four years during her "Toxic" era in the early 2000s. In the 80s, renowned singer/actress Cher also owned the home before selling it to record executive Russel Simmons in 1990. Located within the Silk Building, the home caters to just about every need and desire. The building, built-in 1908, holds 55 residences and was home to the original Tower Records store in the ’80s and ’90s.

While providing desired privacy in a townhouse-like structure, the home can be entered on any of the four levels, each unveiling a new surprise. The main level of the home, where the living/dining room and the chef’s kitchen can be found, features Sub Zero and Viking appliances. For optimum convenience, the main floor, with 12-foot high ceilings, also accommodates a powder room and a full-sized laundry room.

One of the highlights of this space is the outdoor terrace, which can be found on the top level along with the den. Out on the terraced roof, you’ll find stunning sunset views with the Empire State Building in sight. Even while on the unit’s other levels, you’ll be flooded with natural light and pleasant views from the large windows.

Located in the NoHo area of Manhattan, there is no shortage of entertainment and dining fit for any taste. Some common points of interest include Zero Bond, a members-only clubhouse, and a Miami-based restaurant, Kyu, which serves Asian barbeque.

For more information, view the listing here.

All image credits: COMPASS | Evan Joseph Studios

The post Poison Paradise: NYC Penthouse Formerly Owned By Britney Spears Is On The Market For $6.995M appeared first on Haute Residence by Haute Living.

Photo Credit: Worldredeye.com

Kevin O’Leary, famously known as Shark Tank’s Mr. Wonderful, visited E11EVEN Residences Beyond’s sales gallery for a Yupix virtual tour. He and his wife, Linda O’Leary, were amazed by the life-like experience of the meta-reality. E11EVEN Residences Beyond’s co-owner Marc Roberts led the tour which started on top of the tower’s helipad.

“The level of detail really is incredible. The view is unbelievably real,” O’Leary said about the experience. As Kevin and his wife toured the property and its amenities, words such as, “mind-blowing, incredible, crazy, and amazing,” were frequently used by them to express their astonishment. Kevin also acknowledged the innovative technology that was used to make this virtual reality experience possible.

Photo Credit: Worldredeye.com

E11EVEN Residences Beyond’s 30,000 square foot sales gallery features a Yupix virtual tour for pre-construction viewing of the property. Along with Kevin O’Leary, some of the gallery’s most notable visitors include NBA stars Russell Westbrook and Jusuf Nurkić, as well as social media influencers, turned professional boxers, Logan Paul and Jake Paul.

In less than 90 days, E11EVEN Residences Beyond is already more than 60% sold out. Rising 65 stories, the tower will offer 461 luxury residences starting in the mid $300,000 or equivalent cryptocurrency rate. The residences will range from 318-square-foot studios to 993-square-foot two-bedrooms. In addition to these, a presidential collection will include 1,167 to 2,762 square feet of space and penthouses starting at 2,213 square feet.

E11EVEN Hotel & Residences Miami is a one-of-a-kind lifestyle experience and destination. Developed by E11EVEN Partners and PMG, the first phase of the project includes 375 turnkey residences, and each unit is equipped with “smart building” features. The first tower is expected to be completed in 2023.

The post E11EVEN Residences Beyond Co-Owner Marc Roberts Gives Shark Tank’s Kevin O’Leary A Virtual Pre-Construction Tour Of Miami’s Hottest New Development appeared first on Haute Residence by Haute Living.

Saddle River Living: No paparazzi and no pretense… 

The bucolic borough of Saddle River, New Jersey is home to actors, athletes, entertainment moguls, internationally recognized CEOs, musicians, Entrepreneurs, a past US president, and all who appreciate the privacy and beauty of small-town living. Saddle River residents prioritize privacy and beauty, and that hasn’t changed since my family fell in love with its charm and moved here four decades ago.

A little something about the area…

Let’s talk about proximity to Manhattan! We are between 15 and 18 miles to the George Washington Bridge. Without traffic, I have been in my theater seat within 30 minutes. To live this lifestyle and have New York City a stone’s throw away is the cherry on top of a fabulous sundae at Serendipity 3.

The schools are excellent…

The Wandell Elementary School is located near the center of town and is equivalent to attending a private school. State-of-the-art computer labs and a wonderful teaching staff make this level of education sought after by so many. Eric S. Smith Middle School is located a short bus ride away in Ramsey and is considered one of the best middle schools in our area. There are two high schools, both with transportation available, one in Ramsey (Ramsey High School) and the other in Allendale (Northern Highlands) which is regionalized with four towns. The Saddle River Day School, located in Saddle River is an excellent private school.

Our restaurants…

I am a big fan of the renowned, Michelin Starred Saddle River Inn, located near the center of town. It is rustic, charming, and just plain yummy. We also are home to its more casual sister restaurant, The Saddle River Cafe. Within a 20-minute radius to the center of town, options range from the refined and elegant Esty Street, Varka, and the landmark Ho-Ho-Kus Inn and Tavern, to several wonderful casual dining options.
During the past two years of the pandemic, local restaurants have been offering delivery, curbside pickup, and very creative (and warm!) outdoor spaces. So many of us have established long-term relationships with the owners and their families as we support each other through this time. That is one of the perks of living in a small-town environment. We are all in this together!

Horses, Hiking, Skiing, and More! 

For those buyers with an equestrian interest, Saddle River offers wonderful estates which can accommodate stable areas, turnouts, and riding areas. There are also farms that offer boarding and riding lessons.

For the active outdoors person, Saddle River is 15 minutes from fantastic recreational areas. The Ramapo Mountain State Forest is a 4,200 acres state forest in Bergen and Passaic Counties. That should keep you busy hiking, hunting, canoeing, fishing, cross-country skiing, horseback riding, and mountain biking.

Perfect your skiing and snowboarding skills at Campgaw Mountain in Mahwah, just a short ride away! How amazing is that?

Saddle River Stats…

We are about one mile wide and three miles long. The picturesque Saddle River runs North to South through town. There are several mountain ridges and streams, brooks, ponds, and rolling lawns.

The zoning is a minimum of two acres. There are also smaller lots that were sub-divided prior to the

two-acre zoning law.

The beauty of Saddle River is in the diversity of the architecture. From a small cottage (between $1,000,000 - $2,000,000) to a major gated estate (between $5,000,000- $20,000,000) and every price range in between, there is any style one could want – Hampton’s style, brick manors, stone chateaus, contemporary farmhouses, and traditional ranches and colonials.

Since the pandemic began...

We have experienced an uptake in buyers wanting more acreage and larger homes due to extended families returning to the suburbs. Some of our most common requests are more space to work from home, pools (indoor or outdoor), space for a home gym, theater area, and wine cellars/tasting areas for enjoying a little more wining and dining at home.

One of Saddle River’s biggest assets is that the town is very well run and our taxes are among the lowest in Bergen County. So, we have a combination of larger acreage, low taxes, great schools, and beautiful real estate offering the best value in the tri-state with close proximity to New York City. The Best of All Worlds!

Our current inventory of available properties offers prices varying between $1,300,000 - $18,000,000. There is truly something for everyone. This wonderful town just may hold the key to your dream home!

The post From Cottages To Chateaus… Saddle River Has It All! appeared first on Haute Residence by Haute Living.

Photo Credit: DBOX

Also joining the Ritz-Carlton Residences’ development is world-renowned designer Piero Lissoni. A professional designer for nearly 40 years, Lissoni is the creative director for Alpi, B&B Italia, Boffi, Living Divani, and several others. Taking an innovative approach to a diverse range of products, Lissoni has quickly become one of the world’s leading talents in contemporary design. With Lissoni recently providing a sneak peek of the Pompano Beach project’s landscaping and interior design, the cause for his reputation is no wonder.

Photo Credit: Berga & Gonzalez

The Ritz Carlton Residences, Pompano Beach will see the construction of two towers. The east tower (The Beach Tower) will overlook the warm, clear waters of the city’s beachfront, while the west tower (The Marina Tower) will sit directly across on a nearby waterfront, allowing residents access to a private marina. Inside the towers, residential and common spaces will be carefully curated in terms of design and livability. The towers will each include lounge areas, terraces, private elevators, fitness centers, and spacious residences with breathtaking views of Pompano Beach. Other amenities will include a private resident yacht club, a beach club, multiple sports courts, and tropical-themed pools. 

The Ritz-Carlton Residences, Pompano Beach will be located at 1380 S. Ocean Boulevard and is slated for completion in 2025. For more information on the residence, visit https://www.theresidencespompanobeach.com

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St. Croix in the US Virgin Islands is called the “Big Island” as it is the largest of the US Virgin Islands and surrounded by the Caribbean Sea. It’s the least developed, adding to its natural beauty, which is a draw for all visitors and buyers looking to invest in the Caribbean. The terrain varies between flat and hilly, with the highest peak, Mt. Eagle, at 1,088 feet above sea level.

St. Croix has become the hottest, new destination in the Caribbean and continues to attract people from all over the world. The unspoiled land of St. Croix includes rainforests, world-class dive spots, untouched and unmarked beach coves, and historical artifacts and architecture dating back to the 1700s. St. Croix has truly a vibe like no other, with a vibrant and rich culture, two historic towns oozing with charm, an incredible art and epicurean scene, and boutique hotels. Known as the countryside of the Caribbean due to its open pastures and farmland, most of St. Croix has stayed true to its roots giving visitors and Crucians an authentic Caribbean experience.

Photo Credit: Blake Floyd Gardner Photography https://www.blakefloydgardner.com/

Our luxury real estate market includes everything from impeccably maintained historic estates, modern seaside villas, elegant condos in a gated seaside complex to knoll top estates with a backdrop of the Caribbean sea in every direction. Compared to our sister islands, St. Thomas and St. John, there is more value on St. Croix in the luxury real estate market. A comparable home of quality and size on the other islands is much higher priced than a similar property here on St. Croix— we are the largest of the Virgin Islands so that makes it easier for us to live here and get around well since we are less congested.

When considering a permanent move or a vacation home to escape the cold northern winters, St. Croix is the ideal Caribbean island to call home!

Amy Land-de Wilde is the exclusive agent representing the St. Croix, U.S. Virgin Islands real estate market as a member of the Haute Residence Real Estate Network. View all of her listings here. For more information, please contact Amy Land-de Wilde at (340)-690-1213 or amydewilde@coldwellbankervi.com

The post Island Expert Amy Land-de Wilde Gives All Of The Reasons YOU Should Buy Real Estate In St. Croix appeared first on Haute Residence by Haute Living.

About a month into 2022, Haute Residence experts from across the country give their opinions on where they see the market heading this year. 

What are your predictions for the real estate market in 2022?

Catherine Burgess, Boulder, CO - The national migration will continue to slow, but Colorado Front Range demand for housing will remain high, as more businesses and individuals relocate here. Expect slim inventory, similar to or possibly slimmer than we've had for the past handful of years.

Amy Land-de Wilde, St. Croix - We ended 2021 hitting record sales. Our sales volume is the highest it has ever been, even compared to the 2006 boom, which was our highest year until 2021. Heading into 2022, we anticipate buyer activity staying steady.

With very low inventory, we don’t anticipate our sales volume to be as high as 2021. Many property owners on St. Croix are holding on to their properties in America’s paradise, specifically homes and condos, for several reasons. Vacation rentals are at an all-time high yielding higher returns than previously. Baby boomers are “retiring” and making the full-time move to St. Croix and working remotely. Since so many have the ability to work from anywhere, why not work in the beautiful US Virgin Islands? This mentality is encouraging owners to spend more time on St. Croix and hold on to their St. Croix, USVI real estate assets. The pandemic has encouraged buyers to escape the congested city life for locations like St. Croix where living outdoors and having space to roam makes living easy and enjoyable, and we anticipate this to continue into 2022. We are still seeing a lot of 1031 exchange buyers looking to put their dollars into St. Croix rather than other sunny locations like Florida, St. Thomas, or St. John because their dollar goes further here. Also, many investors are just realizing that 1031 exchanges extend beyond the 50 states, into the US territories, like St. Croix.

We look forward to welcoming buyers to St. Croix to experience our culture, community, and laid-back lifestyle!

Hilary Farnum-Fasth, Scenic 30A, FL - 2022 will be another year of low inventory and high demand as buyers want to continue to take advantage of low-interest rates.

Debra Johnston, Atlanta, GA - My predictions are that interest rates will remain the same and the market will remain On Fire!

Debbi DiMaggio, Berkley, CA - The Piedmont, Oakland, Berkeley, East Bay market has incredibly low to no inventory at this time. Buyers are waiting in the wings for new inventory to hit the market. We even ratified a home in Piedmont on Christmas morning for $4,000,000; we didn't even have time to paint or stage. I anticipate multiple offers on homes properly prepared for market in all price ranges will continue to be the norm in 2022. It's all about supply and demand, and our supply is always fairly limited. Happy New Year from the DiMaggio & Betta Group.

Photo Credit: Shutterstock

Lisa Culp Taylor, Tennessee - In 2022, my prediction for the Nashville area is more of the same as long as interest rates aren’t raised substantially. I really feel the first half of 2022 will be similar to 2021. We are extremely low on inventory and demand is still huge. In the first week of January, in the middle of a huge snowstorm, we had people come in person to view a multi-million dollar listing, which just hit the market. The gorgeous home ended up earning a contract over the asking price. Now, more than ever, you need an experienced Realtor to help navigate this type of real estate market.

Elisa Linton, Kingwood, TX - I see the Real Estate market still holding strong. Interest rates have started rising just a bit so both buyers and sellers will need to react smartly and swiftly in order to be on the favorable side of the transaction. It still makes dollars and sense to invest in real estate.

Debbie Wysocki, Deerfield Beach, FL - Based on where we were 18 months ago and where we finished up 2021 and taking into consideration the “Top 100 Economists” predictions for the real estate market, I believe Southeast Florida - and the East Broward County waterfront, Oceanfront, and beach community properties market will continue to be a Seller's market in both Traditional and entry-level Luxury ($1 to 4 million) homes. Mid-Level and Ultra Level Luxury in these same communities will also remain strong and buyers should be able to negotiate as much as a 5 - 7 percent discount off List Price.

Why is the market continuing to remain so strong? We are seeing significant migration for tax, weather, pro-business, and lifestyle reasons. My prediction is Waterfront, Oceanfront, and beach area homes will continue to appreciate at a moderate rate somewhere between 6-8 percent over the next 12 to 18 months. Obviously, our buyers/investors are typically cash, but interest rates will remain at historically low levels even with their slight increases. I always encourage my clients to refinance after closing and use OPM (other peoples’ money) for additional investments.

We serve a variety of clients - those looking for a second - third and even fourth home; those families (including sports professionals) looking to relocate for their job, and investors looking for a strong return on the Luxury Vacation Rental Market - for which we are well known.

Please let us know if you would like to know how I arrived at these predictions - I am numbers-driven as my background is almost 11 years as a Beverly Hills Financial Analyst.

Scott Goshorn, Brentwood, CA - January is off to a blazing start! With low inventory and Covid still pinning many people down, I see a strong year for 2022. Home has a different value and space has become prevalent. Also, the threat of increased interest rates has pushed the fence-sitters into purchase mode.

Heidi Bintz, Vail Valley, CO- As we move into 2022, I expect the real estate market to remain at a steady pace. We may see a decrease in total sales volume over 2020 and 2021, but that would only be due to a smaller pool of available inventory. As a result, buyers will need to continue to move quickly when embarking on their home search all the way through the purchase process.

The state of Colorado takes great care in protecting its public lands, and as a result, there is a limited amount of space in which homes can be built. In the Vail Valley (in Eagle County) specifically, located two hours west of Denver, just under 20% of the land is designated for private use and so the demand for homes can be quite limited by the available inventory. Colorado resort towns remain very desirable for the lifestyle that they can provide and so a purchase in the mountains is a great long-term investment in real estate. Come take a look!

The post Haute Residence Experts Share Their Predictions For The Real Estate Market In 2022 appeared first on Haute Residence by Haute Living.

According to records, the Construction financing for the downtown Miami project was provided by a Starwood Property Trust affiliate by way of a partnership between Property Markets Group and E11EVEN Partners.

Miami Block 17 LLC, led by E11EVEN Partners' Simkins, sold the 9,125 square-foot stretch of land at 1025 North Miami Avenue to 11th Street Trustee LLC, led by PMG's Ryan Shear. The land sold was previously owned by Simkins and Roberts.  According to property records, Miami NE 11th LLC also sold the property at 20 and 30 NE 11th Street to the PMG affiliate for over $5 million.

The newly-acquired loan will serve to finance construction for all three properties. While E11EVEN Hotel & Residences launched sales quietly at the beginning of 2021, developers claimed they quickly sold out. Sales for tower 2 were launched quickly thereafter. Tower 2, also known as E11EVEN Residences Beyond, will connect to the first tower via a sky bridge and at ground level.

The 65-story towers are set to develop just south of 24-hour nightclub E11EVEN Miami, in the Park West neighborhood of downtown Miami. The development will be designed by Sieger Suarez Architects and units will all be finished and furnished.

The first tower, where amenities for the. entire project will be included, will offer a casino-style sports launch, a rooftop, a spa and wellness center courtesy of Dr. Deepak Chopra, and a slew of chef-driven restaurants. The first tower is expected to be completed in 2023.

Developers broke ground on phase one, a 375-unit hotel and condo tower, in November 2021. WNBA player Candace Parker, ESPN co-host Sage Steele and MMA fighter Luke Rockhold are all buyers there.

The Portland Trail Blazers' Just Nurkic is buying units in both buildings. Youtubers and fighters Jake and Logan Paul are expected to buy penthouses in the second phase. Remaining units at E11EVEN Residences Beyond start in the mid-$300,000s, with sizes beginning at 318 share-feet for studios. Cryptocurrency is accepted as form of payment by the developers.

The post Marc Roberts Lands $149M Construction Loan For His E11EVEN Hotel & Residences appeared first on Haute Residence by Haute Living.

Just because most people prefer to shop for homes during nice weather doesn’t mean you shouldn’t buy a house in the winter. For many shoppers, buying in the winter might even be a better idea than buying in the summer. Here’s why:

1. You Might Get a Better Deal:

Most sellers are more motivated to offload a home on the market during the winter months when home sales traditionally slow down. So you’ll be able to talk the seller down more than you would in May or June when sellers can usually command higher prices for their real estate.

2. You’re Less Likely to Be Outbid:

You might have fewer homes to choose from in the winter, but you’ll be more likely to have an offer accepted when there’s less competition from other buyers.

3. You’ll Know What to Expect from a Home in Bad Weather:

When you shop for homes in the winter, you’ll get to see how drafty the windows are or how cold the bedrooms get. You’ll have the chance to inspect the roof for ice dams and check the walk and driveway for icy spots. How well does the city clear the roads leading to your prospective home? Driving there in the winter will tell you.

4. You Could Close Faster:

Because the real estate market picks up so much in the spring and summer, mortgage brokers tend to get behind on their work. It can be a real bummer to have to wait for closing just because your mortgage broker is slammed, but you could end up closing a lot faster if you buy in the winter.

5. It’ll Be Easier to Hire Movers:

While it’s true that ice and snow can make moving even more miserable than it might otherwise be, having your pick of moving companies can make up for that. It’ll be much easier to book movers in the winter, and you might just be able to negotiate a better deal, too, because they aren’t booked solid.

Buying a home during the winter might sound like a bad idea on the surface, but it can actually be a great way to get a better deal on your dream house.*

The post Toni Jennings Gives Her Top 5 Reasons Why Winter is the BEST Time to Buy a Home appeared first on Haute Residence by Haute Living.

In this book, Daniel breaks down what affluent home sellers do differently. He reveals their strategies, secrets, tips, and much more to help you sell your home.

"You can get a copy of this book absolutely free," he says. "Why am I giving it away for free? Because I know the strategies revealed in my book have the potential to make you enough extra money to send your kid to college, buy a new car, or do a nice remodel on your next home. Affluent sellers do what it takes to get top dollar for their homes. Most other sellers don’t seem to take selling as seriously (I have no clue why) and normally don’t do what is necessary to get top dollar. If you use the right home-selling strategies, you can make at least $10-30K more selling a $200,000 home."

This book will cover multiple topics including:

• Selling Strategies
• Marketing Approaches
• Pricing Tips
• Negotiation Mistakes
• and much more!

For more information and to grab your free copy, click the link here.

The post Top Real Estate Agent Daniel L. Maya Releases Brand New Book “The Ultimate Guide to Selling your Home” appeared first on Haute Residence by Haute Living.

Welcome (back) to Beaver Creek!

As we get into 2022, winter in @beavercreek is in full swing! I put together a guide of some of my favorite events happening this season!

Winter Culinary Weekend - enjoy fantastic food & drinks with celebrity chefs on and off the mountain!

Thursday Night Lights - Join the glow stick ski down Beaver Creek followed by an amazing fireworks show!

Family Fun Fest - Every Saturday bring the kids to play games & enjoy fun prizes around Beaver Creek village!

Snowshoe Race Series - Head up Beaver Creek through a gorgeous new racecourse and join the after-party at the finish line!

Talons Challenge - Can you ski 14 black & double black Diamond runs totaling 22,226 vertical feet in one day? Yes, you can!

Swing by my @livsothebysrealtyoffice in Beaver Creek village to say hello! I’d love to join you for some winter fun!

Find a full calendar of events here. See you out there!

The post Heidi Bintz’s Complete Event Guide to Beaver Creek, Colorado in Winter 2022 appeared first on Haute Residence by Haute Living.

Photo Credit: Christian Horan

Hidden away on the North Pacific end of the tiny country of Costa Rica is a peninsula, a jungle paradise in the Guanacaste Province known as Peninsula Papagayo. With hotels that need no introduction including Four Seasons, The Andaz, and the (soon-to-be-built) Ritz-Carlton Reserve, Peninsula Papagayo offers a vacation like no other. Referred to as “part sophisticated resorts, part primitive playground,” this apt description only touches the surface of the fun to be had on the Peninsula’s 1,400 acres of private community. A world-renowned golf course, nearby zip-lining and UTV riding, surfing and paddleboarding, snorkeling and scuba diving, wildlife adventures with the Papagayo Explorers, newly built pickleball courts, and a soon-to-be-built $25 million sports complex are just a few of the endless opportunities available. 

Photo Credit: Oliver Pilcher

The Four Seasons Hotel and Residences Peninsula Papagayo is one of the most desirable locations for the brand in the world and with good reason. It is all of the refinement, luxury, and excellence of service the Four Seasons is known for wrapped inside of a tropical paradise. The grounds include two beaches to choose from, five restaurants,  luxury boutiques, four pools, and a fleet of golf carts armed with men in crisp white uniforms able to take you wherever your heart desires. The Four Seasons Residences are just as luxe, but with even more mesmerizing views. Marking the mountainside of Prieta Bay, the residences offer the best views of the ocean, and with their limited availability, an exclusively luxurious Costa Rican lifestyle. 

Photo Credit: Christian Horan

This standard of luxury is also upheld by The Andaz, soon-to-be Ritz-Carlton Reserve Hotel and Residences, and exclusive Bahia Residences by Antoine Predock. The Ritz-Carlton Reserve will be named Nekajui which comes from the language of the pre-Columbian Chorotegas, Guanacaste's original inhabitants. The English translation, garden, inspired Nekajui's singular open-air venues that will welcome guests to step into a natural wonderland containing more species per square mile than any other country on the planet. A secluded beach house, reserved for hotel guests and residence owners, is situated steps from magical grotto pools and sea caves in Pochote Bay.

Predock’s Bahia Residences will have only 13 family compounds that are architecturally designed to move with the natural topography of Costa Rica. With no two residences looking the same, these hot on the market homes start in the low $6 millions and are soon to be sold out. As can be seen, the real estate market on the Peninsula is booming, with closed sales of luxury branded residences at Peninsula Papagayo having exceeded $328 million since the beginning of the pandemic.

From the largest developments down to the smallest event decorations, every piece of Peninsula Papagayo is also heavily focused on sustainability and community service. Their most recent event was the third annual Peninsula Papagayo Golf Invitational that served as a fundraiser for Creciendo Juntos, a charity the Peninsula has supported for over 20 years. The final night also featured a gala where it was announced that over $190,000 was raised for the charity specifically to build a technology lab that will bridge the gap for every child who doesn't have access to the internet or a device for remote learning during the pandemic. And once the night was over, all decorations were recycled and every live flower that hung beautifully from the ceiling was carefully preserved and replanted, with nothing going to waste. 

With a UNESCO World Heritage Site at its doorstep protecting one of the last tropical dry forests in the Americas, Papagayo focuses on sustainability and community service as much as it does comfort and luxury. Costa Rica is a gateway that harbors 12 major life zones, 500,000 species, and 5% of the life forms found on the planet. It is also home to peaceful, happy people who teach the language of Pura Vida, pure life—the gift of grace that’s all about living in the moment.

From the monkeys and iguanas walking next to you to the beautiful oceans and mountains views, it’s easy to see why the New York Times named Costa Rica one of the top 3 places in the world that people are looking to buy real estate. The land of Pura Vida,  Peninsula Papagayo, is a one-of-a-kind destination for the adventurous spirit and luxuriously refined. Are you ready to visit? 

Photo Credit: Oliver Pilcher

The post Into the Wild: Luxury and Simplicity in Peninsula Papagayo appeared first on Haute Residence by Haute Living.

We are thrilled to announce our recent merger and next chapter. After 12 years as Highland Partners (our boutique firm we launched during the mortgage meltdown of 2008/09) is now Corcoran Global Living (as of September 2021). What’s interesting is that CGL launched during COVID in early 2020 yet has grown to over 70+ offices in Northern and Southern California, Lake Tahoe, and the Sierras, Nevada, and Ohio. Highland Partners and Corcoran Global Living, both born during difficult times — are in good company — Netflix, Trader Joe’s, Microsoft, Sports Illustrated, MTV, General Electric, and Warby Parker all started during a recession.

We are also excited to introduce our newest addition to the DiMaggio & Betta Group, our son, Chase DiMaggio Betta. This new year is the beginning of another new chapter.

In 2015, which seemed as if it were just the other day, we hosted a seminar for homeowners who resided in their home for 20 years or longer, it was called, Demystifying the Downsizing Process.

Flash forward to today, 2022, —we are in the process of selling the home of one of our attendees. Our client even kept the memo pad we handed out with the book we wrote, The Art of Real Estate.

The memo pad was one of the many things uncovered as she purged and packed for her relocation and next, new chapter. Have you been contemplating a move for 1, 2, 3, or more years, but are overwhelmed by what next steps to take?

Here are 6 questions to determine if you are ready or almost ready to make a move, —-downsize your home or live somewhere you’ve always dreamed.

1. Have you resided in your home for over 20, 30, 40, or 50 years?

2. Do you live in your home alone; and/or, is your home too large for your current needs?

3. Has COVID changed your outlook and where you want to live?

4. Are you overwhelmed with the thought of making a move?

5. Are you interested in accessing the cash in your home?

6. Do you have questions about the process?

If you answered yes to any or all of the above then allow us to guide, counsel, and discuss the possibilities, and lay out your options.

Simply book a complimentary consultation to get started. Our goal is to educate, guide, be a resource, connect and refer you to those who can help make this next chapter, seamless. Allow us to do what we do best which is to facilitate the process with ease, experience, and extensive knowledge. Should we not specialize in your city please allow us to make a referral to one of our trusted and knowledgeable Realtor partners. We are locally, regionally, nationally, and internationally connected.

Debbi DiMaggio, Adam Betta & Chase DiMaggio Betta

510.414.6777 Debbi | 510.414.1250 | Adam

debbi.DiMaggio@CorcoranGL.com adam.Betta@CorcoranGL.com chase.Betta@CorcoranGL.com

DiMaggioBettaGroup.co

Member/Awards: Luxury Real Estate, Haute Residence, GiveBack Homes, Forbes Five Star Realtors, Top 100 Agents & Five Star Professionals

The post As One Door Closes Another Opens appeared first on Haute Residence by Haute Living.

MG Developer, one of Coral Gables’ most active residential property development companies, hosted a charity gala at the Cardozo South Beach Hotel this month. Hosting alongside MG Developer were Emilio and Gloria Estefan, and Carolina Herrera. Kelly Blanco, Entertainment Host and Traffic Anchor, was emcee for the event. In total, more than $100 thousand was raised for the nonprofit organization FundaHigado America.

MG Developer, a subsidiary of MG Capital, provides and implements real-estate-oriented services. The firm has expertise in the design and development of luxury residential properties and rental units in Miami, Coral Gables, and Hialeah. MG Developer is a proponent of philanthropic organizations such as the Coral Gables Community Foundation and FundaHigado America.

FundaHigado America offers training in pediatric liver transplantation to healthcare professionals in Central America, South America, and the Caribbean. Dr. Pedro A. Rivas and Dr. Tomoaki Kato founded the organization in 2011. Alirio Torrealba, MG Developer’s CEO, is a board member of FundaHigado. He presented Emilio Estefan and Carolina Herrera with special recognitions for sponsoring the fundraising gala and for their generous contributions to the organization. “FundaHigado is an organization that is truly near and dear to my heart, and I could not be prouder than to be here with all of you tonight to thank you from the bottom of my heart for your generosity,” said Torrealba at the event.

While Miami’s top celebrities enjoyed a four-course dinner prepared by chef Michael Calvo, Kelly Blanco helped to raise over $100 thousand in funds for FundaHigado America. The items that were auctioned at the event were donated for the cause.

To donate to FundaHigado, visit: https://fundahigado-america-foundation.networkforgood.com/projects/102866-main-giving-page.

For more information about MG Developer, visit mgdevelopermiami.com.

The post Charity Gala Hosted By MG Developer, Emilio Estefan, And Carolina Herrera Raises More Than $100 Thousand For FundaHigado America appeared first on Haute Residence by Haute Living.

Last month, the automotive brand Bentley Motors announced their foray into the luxury resident market with their plans for Bentley Residences Miami, a high-end condominium tower that will serve as an exciting addition to the Sunny Isles Beach area upon its completion in 2026. In maintaining their tradition of quality and excellence, Bentley Motors has partnered with Dezer Development, one of the most prominent and innovative property developers in the Sunshine State. Since 1985, company owner Michael Dezer has established himself as an impressive presence on the coasts of Florida and has become one of the largest holders of beachfront property in the state. To date, Dezer's company has earned over $3.6 billion in sales between their South Florida and New York developments.

As of this month, Bentley has unveiled a sales gallery for their upcoming residence. The 12,000 sqft. showcase will offer prospective buyers a chance to preview the tower’s breathtaking condominiums with a fully realized 6,000 sqft. model located within. Each of the tower’s 216 units will comprise both indoor and outdoor living areas, with floor-to-ceiling glass windows providing a stunning view of the Miami beachfront and waterways. Additionally, future residents can look forward to their own private balcony with a swimming pool, a sauna, and an outdoor shower. Striving to provide unique, world class accommodations for their clients, Bentley Motors will continue its one-of-a-kind approach to all things automotive by equipping each unit with a multi-car garage and patented ‘Dezervator’. The drive-in elevator will allow residents to store their vehicles with ease of mind while also displaying them alongside the unit. The tower will also host a wide variety of luxurious amenities, including a residents-only restaurant, a carefully curated bar and cigar lounge, a movie theater, an expensive fitness center, and dazzling communal gardens.

Located at 18325 Collins Avenue and operating from 10AM - 6PM, seven days a week, the Bentley Residences sales gallery will reflect the variety of lavish features slated for the tower. Upon entering the gallery, future residents can expect to be greeted by a floating abstract sculpture commissioned by Bentley Motors, an aesthetic inclusion that conveys their elegant and innovative approach to their craft. Upon completion of the tower, the sculpture will be installed and displayed outside of the structure. Inside the gallery, the showcase will include a theater room as well as a fully stocked bar and lounge that will be hosting a variety of events for parties interested in the upcoming residence. Prospective buyers will also have the opportunity to experience a curated walk-through of the model unit, complete with table tastings offered by the on-site chef. For individuals looking to become more closely acquainted with the Bentley brand and their upcoming projects, the gallery will have a dedicated Bentley Brand Room, where a testament to the tradition of British craftsmanship will be on display.

For additional information on Bentley Residences Miami, please visit bentleyresidencesmiami.com or call 305-BENTLEY (305-236-8539).

The post Bentley Motors And Dezer Development Debut Sales Gallery For Upcoming Miami Tower appeared first on Haute Residence by Haute Living.

Brenda Quiroga has been a licensed real estate agent for more than twenty years. She has worked on new home sales, resale homes, rentals, relocations, acreage properties, and investment properties. Quiroga is an agent at Corcoran Reverie, which is based in Seagrove Beach, Florida, and is now also an agent with Corcoran Ferester Realty based north of Houston, Texas. This makes her Corcoran Reverie’s first dual-affiliated agent, representing the brand in both Florida and Texas.

Corcoran Reverie, an affiliate of Corcoran Group LLC, is a high-end real estate brokerage specializing in the luxury home market located in Northwest Florida. From Destin to Panama City Beach, Corcoran Reverie’s agent team represents neighborhoods across the Emerald Coast. Quiroga, also known as “Brenda Q” and the “Florida agent,” is experienced in the Texas market as well as the Florida market.

Corcoran Ferester Realty is Corcoran Group LLC’s first affiliate in Texas as of December 2021. Contributing to the firm’s growth, Quiroga is a consistently top-producing agent in the Houston market. As featured in Texas Monthly Magazine, she ranks in the top 2% of Greater Houston Area Real Estate Professionals for Overall Client Satisfaction.

Quiroga comments on this new chapter of her career by saying, “It is such an awesome opportunity and a beautiful thing to be able to represent the Corcoran brand in both Florida and Texas. Being in both of these markets will help me with an even stronger pipeline of business since Texas has such a large population of second-home owners here in Florida. I’m now positioned very well to educate clients on both the Corcoran brand and the different markets I now serve, and I’m excited to be able to contribute to our collective growth in this way.”

Quiroga loves helping her Texas clients “trade in their boots for the beach” by finding the perfect second home or an investment property in Northwest Florida.

The post Brenda Quiroga: Corcoran Reverie’s First Dual-Affiliated Agent appeared first on Haute Residence by Haute Living.

Stefano was born and raised in Miami, FL, and is the Vice President of his family’s Design-Build company, Balli Group. He is responsible for Development Opportunities, Construction Management, and Sales. He earned dual Bachelor of Business Administration Degrees from Florida International University, specializing in Finance and Real Estate. He also holds a Florida Real Estate Sales Associate license.

Stefano shares his father’s passion for real estate development and values the importance of the process. His strong appreciation and knowledge of Architecture and Construction allow him to bring unparalleled expertise to his clients. Stefano specializes in luxury single-family residences.

Recently, he shared his expert opinions with Haute Residence regarding his specific market, what has led to his success, and what he sees for the future.

Haute Residence: What were the effects of COVID in the housing market?

Stefano Balli: Over the past two years, we’ve seen a strong migration to Florida. Now, one can say it is primarily from COVID-19, but this migration has always been in place. South Florida, specifically Miami, has always been a vacation or winter trip for thousands of Americans. COVID-19 expedited and amplified it due to certain health and living conditions in other states. Specific areas I’ve seen the most demand in are in the Southern Gables Gated Comminutes such as Gables Estates, Snapper Creek Lakes, and Hammock Lakes. This is primarily due to the average size of the property, privacy, proximity to great schools and local restaurants.

HR: Why should someone buy in your market?

SB: The quality of life is very high, there are a number of great schools, parks, shops, restaurants, marinas, and parks to support a local lifestyle all while only a 20-minute car ride to Downtown Miami, Brickell, and the sorts.

HR: What sets you apart from other realtors?

SB: Working in the Construction/Development industry for the past 10 years and having a background in Architecture/Design has allowed me to advise and guide my clients on the right purchase. There are several variables when purchasing a home or property that can be costly if not vetted correctly.

HR: What do you see for the future of your market this coming year?

SB: I’m optimistic about what the next couple of years have in store, specifically for the luxury markets in South Florida. Miami is a young city comparatively speaking with much more room to grow, both vertically and horizontally. With limited supply for the foreseeable future and demand continuing through the end of 2021, I believe there’s more room to run.

Stefano Balli is the exclusive agent representing the Ponce-Davis, FL real estate market as a member of the Haute Residence Real Estate Network. View all of his listings here.

The post Stefano Balli Of The Balli Group On The Housing Migration To Florida And What To Expect In 2022 appeared first on Haute Residence by Haute Living.

It’s a wrap!

It’s official: 2021 is over and in spite of its many challenges, it was a terrific year for Beverly Hills real estate.

As anticipated, supply and demand continued to heat the market, and low inventory inspired buyers to move quickly and decisively. Sellers and buyers of estate properties—and their agents—found ways to work around social distancing issues and transactions were brisk and efficient.

As the year progressed with its tremendous activity, the Joyce Rey team demonstrated once again that knowledge, integrity, and flexibility are key. A record-breaking career of more than four decades has confirmed that philosophy—and we’ve made it part of our daily interaction with clients and with each other.

When it comes to record-breaking, my 2019 sale of the Chartwell Estate in Bel Air held the honor in California until the Warner Estate was sold in 2020. This year, Malibu took the prize with the $177 million sale of a Paradise Cove oceanfront compound. It was California’s highest single-family home sale ever, if still behind New York’s 220 Central Park South penthouse purchase in 2019 at $238 million—a record I’d love to break! Interestingly, in each of these recent California record sales, the price has gone up even as the acreage has gone down.

The other record that was broken in 2021 is a personal one. In my long career, I have never before put two properties into escrow on New Year’s Eve, but this year I ended 2021 on that high note!

I think an auspicious close to one year signals an extraordinary start to the next and I predict an amazing 2022 for the Westside luxury marketplace.

I look forward to hearing from you and I wish you a wonderful New Year!

The post Joyce Rey’s Beverly Hills Market Update: 2021 Year-End Highlights appeared first on Haute Residence by Haute Living.

Haute Residence continued its "Chat with Haute Residence Leaders" series with a conversation featuring Tom Day of the Day Palazola Group, part of LIV Sotheby’s International Realty team. Day is the exclusive agent representing the Breckenridge, Colorado real estate market as a member of the Haute Residence Real Estate Network.

Tom Day was hosted by Haute Media Group Cofounder Seth Semilof. Watch their conversation below.

The topics included Day’s foray into the real estate market, his diverse set of skills and hobbies outside of work, life in Colorado, and his eventual ascendency in the Breckenridge luxury mountain real estate market.

Tom Day is the co-founder and current member of the Day Palazola Group, a realty team that since 2020 has become the #1 realty team at LIV Sotheby’s in Breckenridge while also being one of the foremost realty teams in the county. Day has over 30 years of experience in realty with the last two years spelling an exciting new chapter. In this time, Day’s emergent team managed to broker over 80M in real estate sales its first year in addition to recently closing on the highest value property ever sold in Breckenridge, an impressive $17,000,000. Outside of realty, Day is a man of many talents: he is well versed in carpentry, regularly instructs skiers, plays guitar, and has competed in numerous snow sculpting competitions, proving above all else Day’s can-do attitude. It is this attitude that has quickly propelled Day’s team to the upper echelon of Colorado realty, an approach that is bolstered by Day’s extensive realty experience, business integrity, and outright dedication to clients, qualities that have cemented Day as an invaluable leader in the Breckenridge realty market.

Here are some of the questions and answers from the exclusive interview with Day.

Seth Semilof: You moved to Breckenridge and became a ski instructor and then found your love for real estate. Tell us how that transpired. 

Tom Day: Well I loved skiing and teaching skiing and during the summer I was working as a contractor building houses. I was watching these realtors make all of the money and I thought to myself, “I think I could do that”. I actually was not planning to be a realtor when I got my license, but I ended up helping a local managing broker move into his house and he said, “You’d be great in real estate; come talk to me some time”. That was about 33 years ago.

Seth Semilof: Once you got into real estate, how did you start building your business?

Tom Day: I started out with the company Moore and Co. and went fully into it, but the first couple of years were definitely a struggle. I was doing part-time carpentry work, teaching skiing, and selling houses, then things finally took off. It’s been a dream I’ve got to admit.

Seth Semilof: You recently sold a property for $17,000,000. What does $17,000,000 buy you in Breckenridge?

Tom Day: It was a seven-bedroom, eight-bathroom new construction with very clean architecture inside and out, what we call “mountain modern”. It has an outdoor, in-ground hot tub for up to 12 people, amazing outdoor living areas, a four-car garage, and it's right off the ski run on Peak 8, so it’s as good of a ski in ski out property as anywhere in the state.

Seth Semilof: You had said it took you a couple of years in real estate to start seeing success. Having gone through that process, what is some advice you would give to others?

Tom Day: First of all, I’m not special. Anybody can do this. The biggest thing is that you focus on being happy. I see some people in the business that are negative all the time. More than anything, don’t get discouraged because things could turn around tomorrow. Feel good and think about good things. I meditate and focus on my breathing for 20 minutes every morning and that’s something I would recommend for everyone.

For more information, please contact Tom Day at (970)-390-1801 or tom@tomdayrealestate.com

To watch more real estate webinars curated by Haute Residence, visit http://dev.hauteresidence.com.

The post Chat With Haute Residence Leaders, Episode 17: Tom Day of the Day Palazola Group appeared first on Haute Residence by Haute Living.

Recently, Tatiana Zarubina represented the buyer of a 3-floor penthouse apartment at Asia in Brickell Key.

The Tri-level Dream PENTHOUSE at Asia, the Islands Premier Luxury Building, has over 7,300 SQFT of interior 5,359 / exterior 1,946 - per attachment living space w/ 12 high ceilings, a Gourmet Kitchen, European Oak Wood Floors, a Secluded Top Floor Master Suite, 4 Parking Spaces, a Private Fingerprint Elevator to the unit & an Interior Elevator. A HOME IN THE SKY features a 270 degree breathtaking Bay, Brickell, DWTN & Ocean views from Seven Terraces, one which features a Private Rooftop Pool & Wet Bar. The penthouse is on an exclusive Island Oasis w/ parks, the 5 Star Mandarin Oriental, Restaurants, & steps away from Miamis Brickell/Downtown Financial & Entertainment District.

Tatiana Zarubina worked closely with top agent and broker Daniel Tzinker at Tzinker International Realty, but by the closing of the deal, they had both moved to The Agency. The Agency is a full-service, luxury real estate brokerage and lifestyle company representing clients in a spectrum of classes, including residential, new development, resort real estate, residential leasing, and luxury vacation rentals.

Tzinker comments on the record-breaking sale, “Originally the seller was asking $11,000,000, then dropped to $9,450,000. Our outstanding agent Tatiana Zarubina was able to negotiate the deal down to $7,760,000 for her very happy buyer. While the word on the street is ‘there is no inventory ‘ we are making the deal done call us 7862349898 and we help you with a smooth buying process.”

For more information on Daniel Tzinker, visit his profile here.

The post Luxury Realtor Daniel Tzinker’s Colleague Tatiana Zarubina (Formerly Of Tzinker International Realty) Brokers Record-Breaking Deal in Brickell Key appeared first on Haute Residence by Haute Living.

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New developments are hitting downtown Miami including the newly announced "Riverside Wharf" project which will also involve a 165-key Dream Miami luxury hotel by Dream Hotel Group. This world-class waterfront destination will be a new paradigm for the city's entertainment and hospitality industries. The 1.5 acres, two-tower project is being developed by MV Real Estate Holdings and Driftwood Capital and will also include a world-class nightclub, a rooftop day club with two pools, banquet halls, event spaces, and a private marina capable of accommodating megayachts.

“Riverside Wharf will be a destination for entertainment unlike any Miami has seen, bringing together world-class entertainment and hospitality offerings to a unique waterfront destination with direct Intracoastal access to the ocean,” said Miami developer Alex Mantecon of MV Real Estate Holdings. “We are excited to finally bring to fruition the dream and vision Miami has had for its riverfront entertainment district which until now has historically sat vacant and underutilized.”

This project was announced by MV Real Estate Holdings in conjunction with Driftwood Capital, one of the country’s leading hospitality sponsors. When complete, the $185 million mixed-use development will anchor the developing Miami River District, one of Miami’s fastest-growing downtown neighborhoods with direct Intracoastal access to the ocean.

Riverside Wharf will transform the storied Miami River district while paying homage to the historic fishing culture of the neighborhood by celebrating the area’s beloved Garcia’s Fish Market with a pop-up seafood market on the grounds, where locals can get the freshest catch daily.

“Miami is a top international destination for world-class hospitality and entertainment, and continues to set the bar with exciting new experiences for travelers unlike anything else in the world,” said Mayor of Miami Francis Suarez. “Dream Miami at Riverside Wharf will be an unparalleled development in the heart of Miami for visitors and locals alike, and I couldn't be more excited to see it launch."

The development is slated to break ground in 2022 and be completed by 2025. It is designed by Jon Cardello of Cube3 architects with landscape design by Savino-Miller Design Studio and is sure to be a welcome addition to beautiful downtown Miami.

The post $185M “Riverside Wharf” Project Announced In Downtown Miami appeared first on Haute Residence by Haute Living.

The number one rule is to allow your home to shine online and here’s how to do that. 

In order to capture the highest and best offer and maximize return, on most likely your biggest asset, a homeowner should consider doing the following: 

1. Paint. Painting both interior and exterior to create a fresh, clean slate.  
2. Update Light Fixtures. I like to say, lighting is jewelry to the home.  Light fixtures make a big impact with very little investment. 
3. Staging. Staging allows the buyer to see the home rather than look at the furniture. It is very difficult for a home buyer, even a Realtor, to imagine what a home could be if it is currently occupied by a seller as a buyer tends to dwell on “their” things rather than home. 
4. Landscaping. You get one chance to make a good impression and the first thing a buyer will see is the front of the home. 

1. Window Washing & Detailed Interior Cleaning. I always tell my clients after they purchase a home to remember to have their windows cleaned inside and out, yearly. It makes such a difference.

Beyond the shortlist, and depending on condition here are 5 additional improvements that can be made. 

• Kitchen Refresh: Paint kitchen cabinets, replace countertops, and replace knobs & pulls. 
• Bathroom Refresh: Paint bathroom cabinets, replace the mirror, update lighting and replace knobs & pulls. 
• Flooring: Replace carpet
• Refinish hardwood floors 
• Replace sewer lateral  

Allow the home to be presented in its best light.

Prior to any work being done, we like to gauge the condition of the home thereby generating the following reports. Depending on the market you are buying or selling a home varies as to whether the Buyer or the Seller will assume responsibility for any of the reports provided by a Seller. In the Bay Area market, for the most part, these reports and inspections and any work to be done on the home being sold will be passed onto the Buyer. In order to compete in a multiple offer situation, a Buyer has to put his/her best foot forward and that will include a very clean offer without any contingencies.

• Pest Inspection 
• Home Inspection 
• Sewer Lateral 
• Roof 
• Fireplace/Chimney 
• Foundation Inspection (as recommended by the Home Inspector) and any others the home warrants further investigation

and depending on current market conditions a home is located and whether it is a Buyer or Seller's market — the work to be done as is outlined in each report will either be passed onto the Buyer — as is the case in our area, however, if you are selling in a Buyers market - a credit towards repairs may be likely. 

We cannot emphasize enough the importance of properly preparing a home for market in order to gain the maximum return on investment. 

Today, Buyers begin their search online. If a home fails to sparkle online there is a good chance many Buyers will not contact their agent to preview the home nor attend any of the public open house opportunities. Depending on what a Buyer sees online, a decision will be made in seconds whether to preview or skip it. Buyers are busy at work, travel, and play— we live in busy times. If a home misses out on being seen by potential Buyers an opportunity is missed. In order for a home to sell over the asking price that entails multiple bidders. 

In conclusion, don’t short-change yourself or cut corners and leave money on the table; allow your home to shine online and make it readily and easily available for homebuyers to preview.  Should you seek further advice and information please do not hesitate to contact us. 

The post Debbi DiMaggio Gives The Top 5 Home Improvements A Homeowner Should Invest In Prior To Market appeared first on Haute Residence by Haute Living.

Many Millenials believe that they will never be able to afford to buy a home. Do you agree? What advice do you have for Millenials and Gen Z homebuyers? 

Silvina Andrews - In the Bahamas, the real estate market is booming. Private sellers and developers are moving their inventory like never before. The Bahamas is beautifully positioned as a close neighbor to the east coast of the US and also has many direct flights to major cities all over the world. There are many incentives for residents choosing a permanent residence or second home in the Bahamas. I would advise prospective buyers to move quickly as inventory is barely keeping up with the demand.

Tim Fenton of Blue Zone Realty International, - The market in Costa Rica has never been hotter than it has been this year. In fact, our sales are nearly 4 times greater than the previous year. My advice to those looking to buy in Costa Rica is to get in touch with one of our award-winning agents today and provide them with your wish list. Do not wait for new listings to appear on the website, or it may be too late. With the list in hand, our agents will set alerts for new listings, and get in touch with you immediately with an overview of the property, and we can schedule a virtual visit for you from the comfort of your home. There has never been a better time to live your best life, in Costa Rica. 

Darlene Streit - It is a challenging time right now with low inventory, and with Millennials and Gen Z home buyers competing for the same smaller homes with new retirees who want to downsize. The demand is unprecedented, especially given that so many people are moving and also looking to buy. But the market is cyclical, and as we've seen with Covid, things can change unexpectedly. I would advise younger buyers to continue saving up their down payments and get pre-qualified so that they can move quickly when properties become available. With low mortgage rates, homeownership is still an excellent way to build wealth and is less expensive than renting in many cases. Also, now that so many people are able to work from home, Millennials and Gen Z home buyers have the advantage of relocating to smaller cities and towns, where there may be more affordable options. The landscape is changing, and today's smaller locales may become the next hot, upcoming place to live.

Daniel L. Maya - Yes 100%. I would say find 2 or 3 subdivisions that you want to move to and find the sub-divisions that have the highest turnover rate which may give you the biggest bargaining power. I would also say look for homes that have been in the market for a long time and try to sell if priced too high. Then use this data to sell if your realtor can use this as a good negotiating point.

Tom Day, Day Palazola Group - I have been a realtor for over 32 years and I have heard this many times. The market always seems to change to make it possible for young people to buy a home. I have experienced interest rates over 15% and we are not even close to that. Young people were still able to buy homes then and eventually refinance. Cutting out the new buyer market in the real estate and building industries would have an incredibly negative effect on our economy. We as Americans always seem to rise to new heights and I am sure that will happen again.

Amy Land-de Wilde - It was not as frequently that we saw Millennials and Gen-Zers purchasing property in US Virgin Islands who come from the states. However, lately with the increase of employers transitioning to remote working positions and closing their brick and mortar operations, we have seen a huge uptick in younger buyers setting their sights on the US Virgin Islands, specifically on St. Croix where the dollar goes further than on other Caribbean islands. What was once a dream that many believed was only available to second-home buyers or buyers heading into retirement, has become a possibility for younger generations who still need to work. Additionally, many individuals in these two generations are dabbling in investing from stocks to real estate, specifically vacation-rental properties, and what better place than St. Croix, in the US Virgin Islands!?

Combining their remote job positions with investing in vacation rentals in the US Virgin Islands, gives these Millennials and Gen-Zers the possibility to be nomadic while keeping a steady job with good income and making a profit or offsetting their expenses on a beautiful property in the Caribbean.

My advice, get started! Start looking, researching, and hiring a Realtor. It’s easier than you think to purchase a property and having a great Realtor is the key, especially if you are searching for a property out of state, or in our case, on an island! Since we are a US territory, we benefit from the low US interest rates and government programs such as VA and FHA on some properties, making the down payment little to none and making it easier and less costly to purchase.

Keep in mind that if you intend on purchasing a property as an investment you should budget for at least 25% down. Determine how you would like to finance your purchase and if you need to get a mortgage, then have your Realtor put you in contact with some local lenders. This should be one of the first steps along with hiring your Realtor so you know what steps you need to take beforehand to ensure you qualify and for how much so you can focus your search within your price bracket.

It starts with a dream, but it can be more than that! Give us a call!

Steve Nassar - No, I definitely don’t believe this to be true for Millennials or Gen Z, or for any other generations for that matter. I do understand the concern as they’ve seen home prices continue to rise throughout their lifetime – even more so with how rapidly they’ve increased in the last couple of years – but like with anything else, this is a constant ebb and flow. What goes up must come down again – and where that doesn’t take effect, there’s an all-too-often forgotten balance that comes from a comparable increase in salaries and income as they advance in their careers. For this reason and others, I see it as more of a fear of the unknown. My team and I sell hundreds of homes each year and help homebuyers (and sellers!) of all ages – there is truly no obstacle too great if one has the right level of determination.

My advice for our younger generations would be this: homebuying is no more out of reach for you than it has been for any generation that preceded you. Michael Jordan once said, “Some people want it to happen, some wish it would happen, others make it happen.” Work hard, save your money, set goals, and constantly work toward them. You’ll be living the dream of homeownership in due time.

Adam Betta, DiMaggio & Betta Group - The idea that the Millennial and GenZ demographic are being priced out of the housing market is a fallacy. It's the same idea that this demographic spends all their money at Starbucks. While housing prices have surged in the past few years that appreciation can be attributed to low inventory. One aspect to consider is the boomer demographic and the multiple residential properties they own. These homes will be a flood of inventory in the near future as they sell their primary residence, second and third homes, and investment properties. Millennial and GenZ potential homeowners need to consider how they can start to build wealth by buying real estate. There are low down-payment loans available, gift money from parents, and combining resources with other potential buyers. Like all buyers, they will need to consider size, price, and location. Maybe a smaller starter home or multi-unit building or a different location than where they currently reside. Find a qualified real estate agent who knows the market, be willing to make some improvements, and work your way up. Whether that means purchasing a small condominium or a small home, the goal is to just get into the market. 

Abigail Davis, Corcoran Reverie - 'Live who you are' is not restricted to any specific age group, and Millennials need to know! Being within this age group myself, it is beyond rewarding to assist these individuals in their home buying process. My best advice is to begin by speaking with Realtor® in your area. They will connect you with local lenders that can give you an idea of available loan options for you, what your budget/savings will need to look like, and prepare you for the process. Then, get pre-approved! Learn what homes you can fall in love with and get an idea of what you may want to put down on the home. Then re-evaluate your budget/savings, maybe this means less eating out so you can invest in your future but it is beyond worth it!

Elise Larrabure Girasole - Taking into consideration the cost of monthly rent and with interest rates still low the math makes sense to purchase a home.

We're definitely seeing this happening in NYC with the average monthly rental being around $5,000.00 and a shortage of rentals, Millenials have figured it out and are purchasing before inflation, and interest rates will most likely increase. So much nicer to establish roots and make your home your own "home sweet home".

Nick Salter, Salter Group - I think many people look at the price tags and make the assumption it's unattainable without exploring all of their options. In reality, housing is still very affordable for most Americans. This directly correlates with the drive in the increase of home prices. The National Association of Realtors affordability index takes three key metrics- home prices, mortgage rates, and wages- and boils them down into a single number. This number tells us if the "average joe" can afford a home. When this affordability number drops too low, it means the average American cannot afford to buy. That often forewarns a housing bust. Affordability has dipped from generational highs in the past few years. Forbes recently reported this number is still well above the 30-year average. Writing this as a millennial, I don't think it is going to be impossible for our age groups to afford to buy a home. If it is a goal of yours, get in touch with a professional who can assist with making a plan of action. Start saving and keep watch for changes in interest rates.

The post Haute Residence Experts Give Advice To The Next Generation Of Homeowners appeared first on Haute Residence by Haute Living.

With over 40 years of combined experience in the Breckenridge Luxury Mountain Resort market, the Day Palazola Group was founded by Tom Day and Bo Palazola in 2020, quickly becoming the #1 Real Estate Team at ZERO Sotheby’s in Breckenridge by volume in 2020, and one of the leading real estate teams overall in Summit County.

The team brokered more than 80M in real estate sales in their first year operating as a team. 2021 has proven to be an even more exciting year as the team regularly breaks records throughout the county, including recently selling the highest-priced property ever in Breckenridge at $17,000,000.

Now, the team is taking their success even further by partnering with the game-changing firm NestSeekers International. NestSeekers' hybrid tech & brand enabled model has inspired a new wave of thinking in the industry, and its approach to daring and unconventional marketing has elevated and revolutionized the way people think of real estate.

This partnership will allow the Day Palazola Group to expand into the Vail and Aspen markets and continue to represent the most spectacular properties in Breckenridge.

Hear from Day Palazola Group co-founder Bo Palazola about this new partnership below!

The post Day Palazola Group Announces New Partnership With NestSeekers International appeared first on Haute Residence by Haute Living.

Haute Residence member Paola Marulanda is a South Florida real estate expert, the founder, and CEO of Luxury Home Connect, and one of Miami’s top realtors. Using her expertise, passion for real estate, and commitment to outstanding service, she has successfully brokered transactions for a wide array of prominent clients and made record-breaking eight-figure sales. Recently, she talked with Haute Living about the effects of Covid, current market trends, and the secrets to her success.

Haute Residence: How has the market changed since Covid?

Paola Marulanda: In early 2018, new laws came into effect that eliminated the individual state income tax in Florida, making Miami an increasingly attractive home base for America’s wealthiest. Shortly after this migration of affluence ensued, Covid-19 forced every individual and every business to reevaluate their priorities for the long haul. Suddenly, the appreciation for home space — especially horizontal space, versus vertical space in homes and condos — surged at an incredible rate. Although at first condos were at a standstill while the single-family home market experienced a frenzy, the seemingly endless oversupply of condo inventory was absorbed by those drawn to the climate, taxes, and lifestyle South Florida has to offer. Furthermore, affordability compared to other major metropolitan areas and record-low interest rates opened the floodgates. Now, with headquarters and satellite offices opening all over, it makes sense for people of every level of wealth, education, and business to move here.

HR: What are the current trends in your market?

PM: The current trend in Miami is the quintessential example of a supply and demand imbalance. The combination of record-high demand and a finite supply of inventory created the perfect storm for a surge in prices, making it a very strong seller’s market. Miami-Dade County’s total home sales increased 142 percent year-over-year while existing condo sales increased 240 percent. Median prices on single-family homes rose 32 percent, from $380,000 to $500,000, and median prices for condos rose 26 percent year-over-year, from $262,250 to $330,000. The monthly supply of inventory for single-family homes has decreased 54 percent. In September 2021 alone, the total dollar volume for single-family homes in Miami was approximately $1.2 billion, compared with $975 million in September 2020. Active inventory in the same period has fallen to 2,957 homes in September 2021 from 4,039 in September 2020. Adding to the velocity of sales transactions is the expectation of a rising interest rate environment on the heels of a 6.2 percent CPI print, a measure of inflation. Heading into 2021, the Federal Reserve forecasted a CPI figure of 1.8 percent. Why does this matter? Now that inflation is not seemingly transitory, the market is anticipating higher rates. This translates to a potential 16 percent higher cost of borrowing over the life of the mortgage next year as compared to this year.

HR: How do you continue to offer optimal service in the current climate?

PM: It is crucial for buyers to work with a local expert who can match their desires with the reality of the market. This requires tapping into local contacts to obtain off-market properties and educating buyers about the myriad geographical boundaries that now extend into new and upcoming neighborhoods outside of the more popularly known ones, such as Miami Beach and Coral Gables. Now we can talk about areas like Surfside, Pinecrest, and South Miami, which were overlooked and undervalued before. On the seller’s side, the recipe for success was once network, reach, and marketing. Today’s market conditions call for a more extensive set of criteria in order to keep sellers safe from fraudulent buyers and scams. Taking deals from start to close and optimizing deal terms is of the utmost importance. Backed by the most renowned and leading agency in the luxury real estate world, Sotheby’s International Realty, I can ensure that the most extensive and appropriate set of tools is employed to gain maximum exposure, while my own company, Luxury Homes Connect, offers an additional layer of legal support and negotiation expertise.

HR: What are some past successes, and how do you plan to continue to be successful?

PM: My latest successes involve record-breaking eight-figure sales in multiple neighborhoods, such as South of Fifth, Key Biscayne, Coral Gables, and Brickell. I am truly passionate about matching buyers with their dream home and sellers with their dream offer. I am currently closing on my own dream home, which serves as a testament to the strength and positive trajectory of the Miami real estate market!

Paola Marulanda is the exclusive agent representing the Key Biscayne/Miami Beach Islands real estate market as a member of the Haute Residence Real Estate Network. For more information, call 305-496-0359 or email paola@paolamarulanda.com.

The post First-Class Connections – Luxury Realtor Paola Marulanda Talks Real Estate and Her Secrets To Success appeared first on Haute Residence by Haute Living.

The Coley Group presents

For over 20 years DJF Builders has proudly produced Wake County with custom-built "Homes of Distinction." Dennis Fitzgerald leads professionals of skilled carpenters, on-site superintendents, and subcontractors that adhere to the highest standards in the industry.

When you purchase a DJF home you are not just getting unsurpassed beauty in architecture, upgraded features, and a hands-on builder - you are getting an exquisitely designed, fully functional dream home built on a foundation of integrity, trust, and reliability.

As a Home Builder in Raleigh NC, DJF proudly holds several award-winning titles and memberships to the Home Builders Association of Wake County, Apex Chamber of Commerce, Raleigh Chamber of Commerce, Holly Springs Chamber of Commerce, and the Parade of Homes. For more please visit https://www.thecoleygroup.com/DJF

The post The Coley Group Presents A Builder Spotlight: DJF appeared first on Haute Residence by Haute Living.

“My career in real estate began because I had a bad service experience with a realtor, so to this day I make sure to go above and beyond for my clients.”

Living - and loving - the Miami lifestyle with her family, Renata Galembeck Rohr has a passion for sharing the marvels of Miami with individuals, families, and businesses. Since 2007, Renata has been a licensed Realtor Associate working with clients from Fortune 500 and international firms in industries such as Food & Beverage, Retail, Legal, Real Estate, Chemical, and Manufacturing. She is currently selling luxury residential properties in South Florida as the Miami skyline constantly changes with its latest projects.

Recently, Renata talked with Haute Residence about her career, the effects of covid, and why Miami (and Florida in general) is the best market in the country.

How did you get your start in the business?

Prior to moving to Miami, I used to assist in orthopedic surgeries in California, but when I moved I knew that I didn't want to be in the surgery room all day, there is so much to do outdoors that I figured I would change professions. I had a bad experience with a Realtor, so I decided to get my Real Estate license, which I did within a couple of months, and I placed my license with Swire Realty, a sister company of Swire property, developers of Brickell Key and Brickell City Center.

I was a Realtor for Swire from 2007 until 2019, doing resale and pre-construction all over South Florida.  I took over my Landlord’s place and sold it in a few weeks, and haven’t stopped since!

Why did you choose to work under Douglas Elliman?

In 2019, Swire decided to close the Realty office. I literally interviewed with every company that does business in Miami and Douglas Elliman provided everything that I needed. They cover NY, California, Colorado, Texas, Connecticut, Massachusetts, they also have an international partner Knight Frank, and Florida offices from Palm Beach all the way to Miami. They keep me highly engaged by providing an amazing platform that encompasses the latest technology, marketing, and training. They checked all the boxes for me, I would say that they are the best in the business.

Should someone be their own broker or what advantages are there to working under a larger brokerage?

At the end of the day, everyone chooses their own path. For me, working under a reputable brokerage means that you fit their high standards and work ethics. The Real Estate Market is ever-evolving and a larger brokerage brings a level of competitiveness that would be hard to emulate by being your own broker.

What sets you apart from other real estate agents?

I always take into consideration the human perspective of the transaction. I put my clients first. I see that a lot of agents have become desensitized with the responsibilities that we have. To me it is all about building a long-lasting relationship, it takes a lot of trust and knowledge to be able to do that.

How have you seen Covid affect the market?

Covid brought a lot of Covid driven buyers to South Florida. The main reasons were the weather, lifestyle, and COVID policies compared to the states that buyers were relocating from. The inventory for single homes quickly disappeared, and the remaining condos quickly followed behind. Rental prices have risen significantly, making buying a property a lot more desirable to the ones that could afford it.

Markets are holding steady for the moment with the opening of our international borders and a flurry of international buyers, we have yet to see what is to be expected in the next few months for the South Florida Real Estate Market.

What advice do you have for those looking to go into the real estate market?

In my opinion, the best is to gauge which side of the market you fit in, if you are an investor or want to downsize you can definitely sell your property and reap the benefits. The same goes if you are moving from a state where properties are much more expensive than South Florida, then you should buy.

On the other hand, if you don't need to move and could wait and see, I believe that markets will stabilize in the long run bringing lots of new inventory for clients to choose from.

South Florida will always be a wonderful place to invest and live no matter where the Real estate market trends take us because we have a lot more to offer than just the property itself, we have amazing weather year-round, a desirable lifestyle for families and single people, and one of the best tax benefits in the country.

The post Renata Galembeck Rohr – Luxury Realtor Shares Her Insights appeared first on Haute Residence by Haute Living.

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With more than a decade of industry experience, Tzinker is one of the most accomplished real estate brokers in Miami, achieving a quarter billion in combined sales throughout his career including record-breaking transactions at iconic residential properties including the W South Beach, Indian Creek’s “Billionaire’s Bunker,” Faena, The Miami Beach EDITION, Icon South Beach, and Armani Casa.

The luxury real estate broker recently joined global real estate brokerage The Agency South Florida. The Agency is a full-service, luxury real estate brokerage and lifestyle company representing clients in a spectrum of classes, including residential, new development, resort real estate, residential leasing, and luxury vacation rentals.

Fifteen years ago, Tzinker came to the United States to pursue a career in hospitality. It was then that he honed a unique ability to service high-end clientele. To further his understanding of the industry, he obtained a bachelor's degree in hospitality and marketing from Johnson and Wales University. His schooling helped him establish a trusted system that meets and identifies the needs of his clients utilizing superior customer service and innovative marketing strategies.

Prior to launching his career in real estate, he attended the Navy Officer Academy and served in the Israeli Navy. There, he developed impeccable organizational and disciplinary skills, which he now applies to his real estate business. Tzinker strives to deliver a premier experience to his clients, ensuring that every transaction is done with integrity, excellence, innovation, and class.

Now recognized as one of Miami Beach’s top real estate advisors, Tzinker specializes in residential sales throughout the area’s luxury neighborhoods and serves a broad client base both nationally and internationally with new development, condominium, and penthouse purchases. He also acts as a trusted advisor to local sellers looking to gain top value for their homes. Through the cultivation of meaningful relationships over the years, he’s become a well-regarded real estate consultant with deep connections throughout the Miami market.

“I look forward to continuing to service buyers and sellers in the Miami area while showcasing the power of The Agency, with its collaborative culture and elevated, white-glove service," Daniel Tzinker said.

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