2013 1st Quarter Luxury Home Market Report

Institute for Luxury Home Marketing

New Luxury Home Market Reports Now Available at www.epatricehayes.com for:

-2013 1st Quarter Luxury Home Market Report – New York (Bronx and Westchester Counties) and Connecticut (Fairfield County)

-2013 National Luxury Home Market Report from the Institute for Luxury Home Marketing

The 2013 1st Quarter Luxury Home Market Report Includes The Following Cities: Riverdale, Bronxville, Harrison, Harstdale, Larchmont, Mamaroneck, New Rochelle, Pelham, Rye, Scarsdale, White Plains, Greenwich and Stamford.

View Previous Quarterly Luxury Market Reports and Luxury Homes for Sale at www.epatricehayes.com

E Patrice Hayes, Luxury Property Specialist

Licensed Real Estate Associate Broker in NY, CT and GA

Member of The Institute For Luxury Home Marketing
www.MultiStateRealEstateBroker.com

Keller Williams Realty Group

Phone: 914.902.3220

Beyond the Numbers, Confidence Returns to Housing

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The housing numbers are all heading in the right direction. Home prices up, foreclosures down and, perhaps the most important, consumer confidence in housing swelling. Even as sales of new and existing homes bounce up and down month to month, the desire to buy is growing. Read more at Yahoo Finance.

Interested in buying a home? View homes for sale at www.MultiStateRealEstateBroker.com

E Patrice Hayes

Licensed Real Estate Associate Broker in NY, CT and GA

Member of The Institute For Luxury Home Marketing

Keller Williams Realty Group

Phone: 914.902.3220

Buying now cheaper than renting in most housing markets

trulia Buying now cheaper than renting in most housing markets

According to the Trulia Winter 2013 Rent vs. Buy Report, buying a home in the top 100 major metros is cheaper than renting, even in light of home prices rising….although rents and home prices are both rising, home ownership is still more affordable. Trulia says buying a home is 44 percent cheaper than renting nationwide, down just slightly from 46 percent in 2012. By next year, buying could be more expensive than renting in some housing markets, even for people with the best credit.
Read more at AG Beat

E Patrice Hayes

Licensed Real Estate Associate Broker in NY, CT and GA

Member of The Institute For Luxury Home Marketing
Search homes for sale at www.MultiStateRealEstateBroker.com

Keller Williams Realty Group

Phone: 914.902.3220

How luxury-home owners dodge foreclosure

When the owners of high-end homes fall way behind on their mortgage payments, foreclosure is not a foregone conclusion. Lenders can be more willing to craft a new payment plan to make high-dollar homes more affordable. Paperwork and procedures are also often delayed, keeping homeowners in some states in their homes for two or more years after they’ve stopped making mortgage payments. And in some cases, lenders are offering homeowners tens of thousands of dollars in cash in exchange for their agreeing to a short sale, in which a home is sold for less than the borrower owes on the mortgage.

Read more at Market Watch
Interested in finding foreclosure and short sale luxury properties for sale? Search at www.epatricehayes.com

E Patrice Hayes, Luxury Property Specialist

Licensed Real Estate Associate Broker in NY, CT and GA

Member of The Institute For Luxury Home Marketing

Keller Williams Realty Group

Phone: 914.902.3220

Housing jobs boosting national economic recovery

construction worker Housing jobs boosting national economic recovery

The growth of housing jobs is more than double the national employment growth rate, which could continue to improve and outpace other sectors in 2013.
Read more at AG Beat

E Patrice Hayes, Luxury Property Specialist

Licensed Real Estate Associate Broker in NY, CT and GA

Member of The Institute For Luxury Home Marketing
www.epatricehayes.com

Keller Williams Realty Group

Phone: 914.902.3220

Luxury Lock Down | Former Dutch Prison Transformed Into a Luxury Hotel

Luxury Lock Down | Former Dutch Prison Transformed Into a Luxury Hotel

Ever what happens to an unused jail facility? The folks in the Netherlands made great use of unused space. Het Arresthuis is a 19th-century-prison in the Netherlands that was abandoned some time ago. The unused penitentiary was transformed into a luxury hotel. The structure was remodeled with modern and chic touches while preserving its rich history as a former penitentiary.
Read more at Stupid Dope

E Patrice Hayes, Luxury Property Specialist

Licensed Real Estate Associate Broker in NY, CT and GA

Member of The Institute For Luxury Home Marketing
View luxury homes for sale at www.RyeLuxuryProperties.com

Keller Williams Realty Group

Phone: 914.902.3220

Atlanta Mansion Has its Own Baseball Diamond

Atlanta mansion with baseball diamond

We’ve seen backyards with shooting ranges and hockey rinks, but we’ve never seen a backyard with a full-size baseball diamond before — until now. Though it’s no Wrigley Field or Fenway Park, the backyard on this Atlanta mansion is about the next best thing, we think. Baseball not really your thing? No worries. This $9.7 million beast of a home also boasts a helicopter pad for the aviation-obsessed, and a Hartley-Botanic greenhouse for the green thumbs. Read more at Real Estate AOL

E Patrice Hayes, Luxury Property Specialist

Licensed Real Estate Associate Broker in NY, CT and GA

Member of The Institute For Luxury Home Marketing

View luxury homes for sale in NY, CT & GA at www.epatricehayes.com

Keller Williams Realty Group

Phone: 914.902.3220

$19.9M Mediterranean-Style Mansion For Sale in Buckhead, Atlanta

Buckhead, Atlanta - most expensive luxury mansion
$19.9M Mediterranean-Style Mansion For Sale in Buckhead, Atlanta

In Buckhead, which is a wealthy neighborhood in the suburbs of Atlanta, Georgia, you can now own a luxury home that has the unique distinction of being featured in several Hollywood movies and TV shows. The nine-bedroom, Buckhead home has been featured in “Zombieland” as the home of comedic actor Bill Murray and the recent “The Three Stooges” movie. The mansion was also seen in the MTV reality series “Teen Cribs”, and “Million Dollar Rooms” on HGTV. It will be featured in the upcoming TV show “Devious Maids.” See more at: The Life of Luxury

E Patrice Hayes, Luxury Property Specialist

Licensed Real Estate Associate Broker in NY, CT and GA

Member of The Institute For Luxury Home Marketing
View luxury homes for sale in NY, CT and GA at www.epatricehayes.com

Keller Williams Realty Group

Phone: 914.902.3220

How The New Higher Tax Rates Will Affect Luxury Housing

Luxury real estate surged in 2012. Now taxes are rising for the wealthy Americans who could afford to buy and sell those million-dollar-plus homes. Read more at Forbes

E Patrice Hayes, Luxury Property Specialist

Licensed Real Estate Associate Broker in NY, CT and GA

Member of The Institute For Luxury Home Marketing
View million dollar homes for sale at www.RyeLuxuryProperties.com

Keller Williams Realty Group

Phone: 914.902.3220

Lower prices for luxury-home builder Toll Brothers

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While some economists are concerned that low inventory is pushing home prices too high too quickly, luxury-home builder Toll Brothers Inc. has reported lower pricing for its homes.
Read more at The Wall Street Journal Market Watch

E Patrice Hayes, Luxury Property Specialist

Licensed Real Estate Associate Broker in NY, CT and GA

Member of The Institute For Luxury Home Marketing
Search Luxury Homes For Sale at www.WhitePlainsLuxuryProperties.com

Keller Williams Realty Group

Phone: 914.902.3220