Emerging Real Estate Markets
Well well. Seems I wrote about Richard Malouf’s backyard water-park under construction last week, and this week we see another real estate and house porn outpost has picked up the idea.
Look at this home, what do you see? I see 1963: President Kennedy was still in the White House, Camelot ruled. The press didn’t let you know about every little presidential transgression — TWITTER? Yeah, twitter your thumbs. Never mind that JFK had his fling with 19 year old Mimi Beardsley Alford who went to the same…
Only at the Ritz would they bring in beauty consultants to give their driveway a good, solid microdermabrasion. This is at Residences Tower I. Turns out last year’s winter freeze left pock-marks on the pavement that were not too pretty, and really chewed up the concrete. Rather than opt for topical coverage — drive-way make-up…
I have this theory about red-brick, Ivy League-looking houses: they make you smarter. We really should do an IQ test of children raised in red-brick Georgians with ivy-covered brick: my bet is they would have higher TAG scores and better SATs than kids reared in ranches or mid-century moderns. For one thing, the clean-lined life…
For decades, it was a pat answer. If the borrower’s home mortgage application had a little ugly around the edges, push them toward an FHA loan. That’s because FHA loans would accept all of the hard cases that made conventional mortgage lenders turn up their noses. From wee down-payments and less-than-pretty credit to iffy…