by Dan Polimino | Aug 1, 2008 | Luxury Market
More builders are getting into the custom home business because there is more profit and less risk that units will go unsold. The custom share of the market tends to go up during down times, while production building peaks during boom times, according to Steve Melman,...
by Dan Polimino | Jul 4, 2008 | Luxury Market
It looks like regular people are not the only ones having money troubles. See this story from Chris Palmeri at Business Week. The problems faced by entertainer Ed McMahon have been widely publicized, but other well-known people are in similar straits. Boxer Evander...
by Dan Polimino | Jun 6, 2008 | Luxury Market
I live in Colorado and now here is another reason why. Check out this story from Brad Heath in USA Today. Fewer people live in hurricane-prone areas than lived there in 2000. The steepest population losses are in the coastal parishes of Louisiana, which were destroyed...
by Dan Polimino | Jun 5, 2008 | Luxury Market
Take a look at this article from Irwin Kellner who is the chief economist for Market Watch and Capital One Bank. PORT WASHINGTON, N.Y. (MarketWatch) — Here’s an all-points bulletin to prospective homebuyers: The protracted decline in home prices has made...
by Dan Polimino | May 30, 2008 | Luxury Market
It looks like the news is getting better around the country. Check out this story from James Hagerty in the Wall Street Journal from earlier this week. Although nationally, home sales are still on the soft side, new data shows an uptick in several of the areas —...
by Dan Polimino | May 28, 2008 | Luxury Market
Everyone is looking for buyers. It doesn’t matter if you have a small house in the suburbs or a high rise in Chicago.Read this interesting story from Robert Manor with the Chicago Tribune about looking for buyers internationally. Developers of a 2,000-foot-tall...
