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Loreto Mexico is located approximately 400 km North of the tip of the Baja Peninsula between the Sea of Cortez and the Sierra de la Giganta Mountains. The stunning and diverse terrain is like no other in the Baja. There is much biological diversity and varied geological points of interest. The Sea of Cortez coastline at Loreto is home to reefs, mountains, caverns, bays, islands and coves. This natural paradise has been protected as a National Maritime Park since 2000 and is home to many aquatic wonders such as: starfish, sea urchins, killer whales, fan coral, mother-of-pearl, blue whales, dolphins and sea lions.
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Secluded retreat in Barnes Landing on nearly an acre of beautiful deciduous and evergreen trees. A private enclosed gazebo off of the dining room allows you to soak-in the surrounding gardens, and it is just a short walk across the way to your private beach and overlook on Napeague Bay. Just minutes to Amagansett and East Hampton Villages and ocean beaches, yet you have your own private oasis with four bedrooms, three baths, and 2,400 square feet in this magnificent beachfront community. You will love this sun-filled energy-efficient beach home which includes two fireplaces, a wood burning stove, and your own private yard with mature trees and flowering plants. Reduced to $1,295,000. Contact us at 631 702 1616 or mdaly@remax.net
There’s all sorts of nifty new fact and figures coming out about sub-prime. Here’s a map from Newsday showing the percentage of mortgages for 2006 that were sub-prime loans.
Presumably, that will give an indication as to how many foreclosures might be in these community’s future? Looks like the East End has a much lower overall percentage than our sister markets to the west. see map here
Ok everybody, here we go again with the MEDIAN price figure.
Raise your hands: How many of you REALLY know what MEDIAN price means and CAN EXPLAIN IT!?!? Median is like a Metric figure to me. Like: “What, you want me to walk two kilometers?” or, “WOW! that was a matter of centimeters!!!” Sorry, it’s pretty meaningless to me…for a definition of “median”,try this
Would it make it any better or worse to know that the AVERAGE price of Hamptons Real Estate is now over $1.6 Million? Impressed? Depressed?
for more info: http://www.suffolkresearch.com/quarterlycharts.htm
“Of the Northeast’s most expensive summer destinations, the village of Water Mill, N.Y., in (Southampton Township), appreciated fastest. The median home price there is $1.38 million; it increased in value at an average of 21% a year over the last five years.” Coming in at #3 on the list was Napeague/Amagansett in East Hampton Township with a median price of $862,129 and an average appreciation rate since 2002 of 20%.
See the Forbes List of Best Places To Buy A Vacation Home
I don’t care what time of year or how many people are here or how many homes have been built…this is one of the most beautiful places on earth.
Some people just like to bitch and complain. Listen to this one:
“There’s too many cars on the road, too many people who don’t know how to drive, and the feeling here is, ‘Wouldn’t it be lovely to keep some of them away?’” the editor of the East Hampton Star, David Rattray, said in an interview yesterday.
And this:“The traffic is beyond disgusting,” the co-owner of Vered Gallery in East Hampton, Janet Lehr, said. “We see our clients from Southampton to Westhampton and Quogue in the winter, but they just don’t come during the summer months, and I don’t blame them.”
This is the Hamptons, ladies and gentlemen. - love it or leave it!
Hampton Mulls Its Own Taxes On Congestion
The New York Sun
By ANNIE KARNI
Staff Reporter of the Sun
July 24, 2007
What does this post have to do with Hamptons Real Estate? Yes, I know, we are so very extraordinary and no other market in the world is like ours. True, we are very special and unique. That being said, so are Manhattan, Santa Barbara, Key West and Nantucket. And they put their pants on one leg at a time, just like we do. All politics and real estate are local, but the 80/20 rule applies and 80% of real estate is done the same way everywhere, whether it is done with dollars or pounds, in English or in French. Property, sellers, agents, buyers. We need to be smart enough to enjoy our uniqueness, but see the leverage of using tools and practices that work the world over. md
Where Trulia Went Right…Trulia has built relationships with many of the most highly-respected figures in the real estate industry. Pete Flint, Trulia.com’s founder and CEO, is a true diplomat and politician. Also, he is clearly able to articulate his vision in a way that excites people and engages them.
TOP INDEPENDENT AND FRANCHISE BROKER EXECUTIVES TO JOIN TRULIA.COM REAL ESTATE ADVISORY BOARD RISMEDIA, April 11, 2007-Trulia.com, the national residential real estate search engine, announces the addition of four highly respected real estate industry executives to its Real Estate Advisory Board… Hanna, Phillips, Saunders and Therrien join fellow broker and industry leaders from across the country including: Anthony Azar, CEO, Realty Executives Southern Arizona; Sherry Chris, COO, Coldwell Banker Real Estate Corporation; Bill Plattos, COO and general manager, First Team Real Estate; Van Davis, consultant and Former CEO, Foxtons; Michael Koval, SVP and CIO, Long & Foster Real Estate, Inc.; Jonathan Miller, president/CEO, Miller Samuel Inc.; Robert Moles, chairman, Intero Real Estate Services; Steve Ozonian, chairman, Realty Information Systems Inc./Help-U-Sell Real Estate; Michael Pappas, president, The Keyes Company; Bob Peltier, president, Edina Realty, Inc; and Kaira Rouda, COO, Real Living, Inc. more here
…and where Zillow went wrong…Zillow has not followed Trulia’s example of relationship-building. They have tried to step over the largest group of independent business people in the US (Realtors) and form direct relationships with the consumer that supercede the Realtor. They wore on their chests as a medal the fact that they put tens of thousands of travel agents out of business with Expedia.com.
The idea behind Zillow is very clever indeed; however, the execution of the idea was not very clever at all. Arrogance has its price. See Chicken and Real Estate. md
