Dubai Mergers offer Possible Escape from Collapse

The global financial crisis has taken a serious toll on Dubai, and the latest news from the emirate suggests things are far worse than the government is prepared to admit to. (…)

Is the second home market a luxury market?

These days, everyone is cutting back on wants & focusing mainly on needs. For this reason, the secondary home market has been hit reasonably hard during this economic recession. I believe it will make a come back as <u>confidence</u> in the real estate industry grows & more buyers take a leap of faith to invest once again in real estate. While the financial implications of a second home carry considerable weight, the hope is that your second home is first a place for fun, relaxation, enjoyment and quality fa … Continued
on the blog.

Where Housing Will Be in 2012?

Americans have not seen a boring housing market since the last millennium. You know – the average, ordinary kind of market where supply just about matches demand, prices are steady, and real estate ceases to be a topic of daily conversation. Instead, we’ve had six years of upside craziness followed by three years of downside terror. Now we’re in a tug-of-war between those who think we’ve finally found a bottom and those who are convinced that the overhang of unsold homes is going to push prices considerably lower. Click Here to read the entire article from BusinessWeek.

What do you think the price of your house will be in 2012? Higher than right now? Lower? The same?

Frank Lloyd Wright’s Ennis House for sale $15 million

A crowning achievement of Frank Lloyd Wright’s textile-block design, the Ennis House is the largest and boldest execution of this iconic architectural style. (…)

Lakefront Estate in NC goes to Auction

Ignoring the superlatives, this is an interesting statement about the current state of the luxury real estate market. This is JP King’s press release about an upcoming lakefront estate auction. (…)

Luxury Condo Development in New York Fails

A $12 million luxury condominium project in Loudonville, NY has been stopped indefinitely and the developer is saying “luxury living and this market just don’t mix.” The project was started October 2008. (…)

Casual Luxury Style Rising At Sea Level

Casual Luxury the enchanting style of luxury homes of today is deep-rooted in the desert foothills and is truly a style that is rising at sea level.

The creation of a comfortable natural environment with a dignified aura of modishness that is not strict and noticeably casual, however maintains the specifications of luxury products, is an art form.

Natures’ backdrops such as mountain views sites are optimal for desert residences. Mountains are indicative of the landscape of the valleys of the West and since streams and lakes are usually not on property, man-made natural water features are complementary and key in offering a relaxing approach and feeling of well-being throughout the property.

The application of identical specification for interior and exterior stone facades presents a link to nature, nurturing indoor-outdoor experiences and leading to the embraced (now massive) great rooms in the style of Casual Luxury. The same application can also be seen in the private residence areas with their ever so popular “Spa Features” together with all amenities. Spa ensembles are increasingly chic, enjoyable, and convenient to have at home for health and beauty. Pure luxury in a natural setting is the description of a beautiful spa.

Home Chef? Or just prefer a substantial welcoming kitchen? A plan that tends to this craving has divided great rooms which now include the serving and dining kitchen suited with dramatic ceiling treatments.

Hosting a concert of art takes us to completion. This is the answer to all other calls of the habitat; strong architecture, stone and natural backdrops. Collections by several individual artists. Powerful either in subject, size or color, each relative to the site and their group. Artifacts are welcome in moderation. Viewing spaces are generous and open to observers of the collections, as are the distinguished natural views.

Miller Young Design’s Bill Miller has recently completed the firm’s latest “Casual Luxury Residence” revealed in Contemporary.

Within our portfolio of style we at Miller Young are inspired to create Casual Luxury for our clients offering them the Beautiful Natural Environments they call home.

Posted by:Linda Young

Beware of “Cash for Clunkers” Scams

President Barack Obama hasn’t even signed the “Cash for Clunkers” legislation into law yet, but already criminals and some unscrupulous car dealers are using it to dupe consumers, according to Peter Valdes-Dapena for CNNMoney. Click Here to read the entire article.

Once the program is signed into law, will you participate? If so, what will you be trading in and what will you buy?

Debtenfreude

Debtenfreud - "taking pleasure in another's real estate pain."
As the credit crunch continues to depress real estate prices across much of the world, even in some very high profile regions, a new term has been coined in Los Angeles - debtenfreud. (…)

Grilling With Gas Or Charcoal: What’s Better for the Environment?

Having a backyard barbecue and wondering whether to use charcoal or propane? A new study in the journal Environmental Impact Assessment Review compares the two and finds that propane, a fossil fuel, is better for the environment than charcoal, a biofuel. Propane, the author says, has a carbon footprint just above one-third of charcoal’s, according to Moises Valasquez-Manoff for The Christian Science Monitor To read the entire article, Click Here.

Question: What’s your grilling method of choice? Why?

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