Foreign buyers scooping up U.S. homes By Les ChristieOctober 21, 2011: 5:23 AM ET NEW YORK (CNNMoney) — Hey, wealthy foreigners! Want to live in the U.S.? Buy a home here. International purchases of American homes are ramping up, and a new Senate bill designed to boost the ailing real-estate market would encourage globe-trotting investors [...]
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Category Archives: Luxury Living
If you are looking to invest in Coastal Connecticut – call us!
Interesting Article by Brian Lewis – Bloomberg – 8/15/2011 New York Commercial Property May Beat Las Vegas Commercial-property buyers may shift their focus back to big coastal cities in the U.S. as persistent economic weakness and Europe’s sovereign-debt crisis prompt a retreat to the safest investments. Investors have been moving into secondary markets such as [...]
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Selling in Southeastern Connecticut – Amazing!
I always knew how lucky I was to be living in a beautiful part of Connecticut. However, sometimes it just hits you. Yesterday, I was driving around to some real estate appointments – leaving the Coastal towns and heading inward toward the Country – only 20-30 mins away…and it struck me. The gorgeous country roads, [...]
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Hamptons Home Prices Climb as Luxury Beachside Properties Attract Buyers
Home prices in New York’s Hamptons, the Long Island resort towns favored by summering Manhattanites, increased 4.2 percent in the second quarter from a year earlier as buyers opted for more expensive beach properties. http://bloom.bg/o4Ty5U
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Wow – Look at these interest rates from 1991 to 2011
Comparison Interest Rates
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Bloomberg news: Banks May Soften Blow of Jumbo Loan Limits
Jon and Jenny Clyman are eager to buy a new home near better schools in New York’s Westchester County before Oct. 1, when new limits on government-backed mortgages could force them into a more expensive jumbo loan. http://bloom.bg/kXg0AB
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Wow – an 85 million dollar “cash” sale
Petra Ecclestone buys Spelling mansion for $85 million ——————– Candy Spelling, widow of TV producer Aaron Spelling, had asked $150 million for the 56,500-square-foot house in Holmby Hills, but sells it for $85 million to British socialite Petra Ecclestone, 22, the daughter of Formula 1 billionaire Bernie Ecclestone. By Lauren Beale, Los Angeles Times July [...]
Things To Do in Mystic, Connecticut
The season has changed, and along with it, the coastal activities began to flourish in the provincial coastal town of Connecticut. If you are looking for things to do in Mystic, Connecticut, you will be pleasantly surprised. Coinciding with the summer season, you may want to accept the invitation to enjoy the scenery, the action, [...]
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Introducing our new Web Site – growing everyday.
Welcome to the home of Sullivan Real Estate Group, the premier real estate brokerage in southeastern Connecticut specializing in luxury properties. I invite you to take a stroll through my web site. Look at the geography of the region. Nestled half way between New York and Boston, it’s the perfect region for a vacation home [...]
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