Absurdly Cheap Homes and Small Houses | Design + Ideas on WU
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real estate
Here, there and everywhere.
SUSIE BLACKMON
blogs, promotes, markets and photographs: Horses * Ocala * Horse Farms and Horse Properties * Social Media for the Horse Industry * Western Lifestyle *
Ref. NC Real Estate Broker
Susie's email address: susie@horsealicious.com
Call Susie: 352-509-6395
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***One of Zillow's 2010 Real Estate Twitterati.
***One of 2009 Top 25 Most Connected Real Estate Professionals.
***Honored to be named "One of Top 12 Women Real Estate Bloggers 2009."
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real estate
Kootenai Springs Ranch, Stevensville, Montana, Hits the Market.
via luxist.com
A top sporting property in Western Montana listed at $14.5 million. Wonder if they need a caretaker?
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real estate
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Barron's "10 Best Places for Second Homes." (Asheville Made the List).
AT LONG LAST, THE MARKET FOR LUXURY REAL estate is coming back to life.
Prices for primary residences, which plunged at least 20% from the peak in 2007, appear to have bottomed. In some of the snappiest locations, scattered bidding wars are breaking out and prices are turning upward.
In Greenwich, Conn., realty brokers say, the final months of 2009 were almost record-setters for sales volume, as two years of pent-up demand was unleashed. Even the megadeal is back. In Beverly Hills, film producer Jeffrey Katzenberg just plunked down $35 million for an 8,700-square-foot home on six acres.
There's nothing like a stabilized economy and a huge rebound in stocks to send folks looking for the perfect manse. The return of hefty Wall Street bonuses hasn't hurt, either.
With all that in mind, and with summer just around the corner, Barron's sized up the market for upscale second homes, one of the greatest luxuries of all. We scoped out dozens of deluxe enclaves across the country, speaking with brokers, homeowners and others. Our conclusion: Now could be an excellent time to buy.
Prices are way down -- 40% off the peak in some locations. Seemingly at or near bottom, they are starting to attract the first wave of bargain hunters -- and not just families in need of R&R. Hard-nosed investors also are on the prowl, says Jan Reuter, head of residential real estate at U.S. Trust Bank of America Private Wealth Management: "We've seen an uptick in buying in just the last couple of months."
***See the list here.***
![[SB126763239513755045]](http://barrons.wsj.net/public/resources/images/OB-HS825_BA_Pen_D_20100303144705.jpg)
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