Ahhhhh… a luxurious bathroom awaits you. Once a private space, it is now a reflection of one’s personality. The bathrooms can be colorful, simple, serene, opulent or elegant. The master bathroom is viewed as a retreat and there is a much more open flow from the bathroom area into the bedroom area making the space [...]
What is the definition of a kitchen? Wikipedia describes the kitchen as a room or part of a room used for cooking and food preparation. Kitchens today are used for food preparation, dining and also for entertaining. During the 1980’s kitchen design evolved and became integrated into the living area, mostly due to the improvement [...]
Luxury Market Update Year End for Connecticut 2009 In the last posting we defined the luxury market for the purpose of this writing as $1-$3M, $3-$5M and $5M+. We also reviewed the development of the market over the first nine months of the year. Real estate has had an interesting ride since the fourth quarter of [...]
Let’s start by defining “Luxury Properties”. In essence, they are properties with distinct price points that differ from area to area. For the purpose of this writing, I have split this market into three different price levels: $1-3M, $3-5M and $5M+. After an increase in listing inventory over the first half of 2009, I see some [...]
