There’s something that I see generated in almost every transaction — a list of repair items found during due diligence inspections that buyers would like completed before closing. This can cause heartaches for sellers, who have negotiated their best deal and then feel “put upon” because they’re being asked to make repairs to close the Read More

The United States’ population of ultra-high-net-worth individuals grew by 6 percent overall last year, and no states saw a decrease in this demographic, according to findings by Wealth-X. Wealth-X’s “American Ultra Wealth Ranking 2014-2015” found that the UHNW population of the U.S. is primarily concentrated in major metropolitan areas across the country, while some states Read More

The Ritz-Carlton, Laguna Niguel is offering two extraordinary overnight packages for the 2015 Pageant of the Masters season – The Pursuit of Happiness. The Pageant of the Masters Pursuit of Happiness experience starts at $775 per night and includes: • Overnight Accommodations • Two Premier Loge Center tickets to the Pageant of the Masters performance Read More

The NYTimes has an article on California’s extreme water drought with the usual apocalyptic imagery (see the video especially): California is facing a punishing fourth year of drought. Temperatures in Southern California soared to record-high levels over the weekend, approaching 100 degrees in some places. Reservoirs are low. Landscapes are parched and blighted with fields Read More

There’s never a shortage of news about record-breaking sale prices for luxury homes, but it could be a warning sign when the news turns to these ultra-high end homes slashing prices because they’re not selling. Do the big league buyers know something the average homebuyer doesn’t? Apparently, they know when prices are being inflated. Sellers Read More

Billionaire money manager John Paulson was interviewed at the Delivering Alpha Conference presented by CNBC and Institutional Investor. During his session he boldly stated: “I still think, from an individual perspective, the best deal investment you can make is to buy a primary residence that you’re the owner-occupier of.” Who is John Paulson? Paulson is Read More