Inside Real Estate News published this article offering this great news. Read the full article here.
Enjoy!
George
Posts
Housing Prices Down, but so is Housing Glut
9 years ago
Showing posts with label Luxury Markets. Show all posts
Showing posts with label Luxury Markets. Show all posts
Friday, February 18, 2011
Friday, January 28, 2011
Vail Valley Real Estate News
Read this article in yesterday's Vail Daily and wanted to share with you!
Vail Valley luxury real estate shows improvement
Enjoy!
George
TheHarveyTeam.net
Telluride, Colorado
Friday, December 17, 2010
Wednesday, December 15, 2010
Austerity, Wall Street-Style article
There's good news at the end of this article by Robert Frank at the Wall Street Journal.
Booking Yachts Is Out, Carpooling on Private Jets Is In as Boffo Pay Ticks Lower
One area where bonus spending remains strong is real estate. But bankers are redefining their ideas of a summer cottage. Rather than buying or renting ...
2011 Colorado Resort Job Growth Forecast per Economist
Here's an uplifting news article about the Colorado resort economy for 2011!
Resort valleys forecast small job growth in ‘11
Economist reviews Colorado
DENVER, Colo. – Resort-dominated counties in Colorado will see employment growth in 2011, according to a projection of the Colorado State Demography Office given at a November conference.
“Mountain resort communities were hit very hard by the recession, but at the same time, they are one of the industries that I expect will do—I wouldn’t say well, but OK—in 2011,” says David Keyser, an economist with the state office.
Eagle County (Vail) stands out. Mr. Keyser forecasts a gain of more than 2.5% in employment next year. In 2012, he sees a gain of between 3.1% and 5.5%. He forecasts more rapid employment growth in other mountain resort counties of Colorado, but none quite as much as in Eagle County. “I expect a 2 percent job growth in tourism overall—which is pretty good,” he said.
He bases his projections for the resort counties on the idea that they draw business from other parts of the country, but particularly the nation’s more affluent sectors, which have not been as deeply affected by the recession.
This has been confirmed in reports during the last year from resort valleys of the West, where the high-end real estate markets have returned most rapidly, even if prices remain deeply discounted from the 2008 wish-for list prices.
More broadly in Colorado, population growth has continued even during the recession. As it always has been, and maybe always will be, growth has been greatest in metropolitan Denver-Boulder area. The state, now with a population of just over 5 million, is projected to hit 6.2 million in the next decade.
Monday, December 13, 2010
Telluride Market Holds Steady
I found this Telluride Daily Planet article while surfing the web and thought you might find it interesting, too.
Sincerely,
George
George Harvey
TheHarveyTeam.net
Telluride, Colorado
970-729-0111In a shaky market, Telluride holds steady
The Daily Planet
“I don't believe that all this great news has gotten us to the end zone,” Riley said, noting that retailers are still struggling, real estate activity have ...
Friday, November 26, 2010
Bigger Planes into TEX by Christmas 2011
Thought some of you (and your clients) might find this article interesting!
Enjoy!
George
by Seth Cagin- Watch Newspapers
11.19.10 - 10:56 am
TELLURIDE - The Telluride Regional Airport is prepared to make improvements to its terminal to accommodate bigger planes in time for the 2011 holiday season, provided that the Telluride-Montrose Regional Air Organization is able to bring flights to the airport by then.
The improvements to the terminal are necessary to meet security requirements, through the creation of a larger space for passengers to wait after being cleared through security. Plans are in place to make the improvements at a cost of about $1.5 million.
And while the airport board has budgeted for the improvements in 2011, it will not necessarily pull the trigger on construction until and unless flights are scheduled.
The airport can accommodate bigger aircraft as of this year due to a $50 million runway improvement that was completed this summer. But whether airlines will utilize the airport is a separate question.
The Regional Air Organization will be n egotiating with airlines to obtain flights to TEX in the spring. If flights are secured, that will allow sufficient time for the necessary terminal improvements to be completed, Jon Dwight , who serves on both the air organization and airport boards told the air organization board.
Scott Stewart, director of the air organization, told the board on Friday that he did not believe airlines would be concerned by the fact that the terminal improvements are merely approved and funded but not yet constructed when they consider whether or not to schedule TEX.
Improved air service to Telluride has been a long-term goal for both the Telluride Regional Airport and the Regional Air Organization, and is now possible since the biggest obstacle, the runway improvements, are complete. To the same end, the airport is also weighing whether to seek approval for commercial flights in and out of TEX after dark.
Air service to TEX has steadily declined over the last decade as service to the Montrose County Airport has improved.
The improvements to the terminal are necessary to meet security requirements, through the creation of a larger space for passengers to wait after being cleared through security. Plans are in place to make the improvements at a cost of about $1.5 million.
And while the airport board has budgeted for the improvements in 2011, it will not necessarily pull the trigger on construction until and unless flights are scheduled.
The airport can accommodate bigger aircraft as of this year due to a $50 million runway improvement that was completed this summer. But whether airlines will utilize the airport is a separate question.
The Regional Air Organization will be n egotiating with airlines to obtain flights to TEX in the spring. If flights are secured, that will allow sufficient time for the necessary terminal improvements to be completed, Jon Dwight , who serves on both the air organization and airport boards told the air organization board.
Scott Stewart, director of the air organization, told the board on Friday that he did not believe airlines would be concerned by the fact that the terminal improvements are merely approved and funded but not yet constructed when they consider whether or not to schedule TEX.
Improved air service to Telluride has been a long-term goal for both the Telluride Regional Airport and the Regional Air Organization, and is now possible since the biggest obstacle, the runway improvements, are complete. To the same end, the airport is also weighing whether to seek approval for commercial flights in and out of TEX after dark.
Air service to TEX has steadily declined over the last decade as service to the Montrose County Airport has improved.
Watch Newspapers
Sunday, October 31, 2010
100 Top Professionals - Luxury Real Estate Conclave
George R. Harvey, Jr. joins 100 top professionals at invitation-only luxury real estate conclave
“Leaders in Luxury” event draws top luxury real estate professionals to Austin (TX)
Thursday, October 28, 2010
WSJ Article - Foreclosures and Short Sales
This is an interesting article talks about where / who is feeling the impacts of today's market. Is your state listed here?
Click to read the full article - What the 'Foreclosure Crisis' Means for You
Wall Street Journal
But the fallout from the crisis is beginning to be felt in real-estate markets across the ...
Wall Street Journal
But the fallout from the crisis is beginning to be felt in real-estate markets across the ...
Sincerely,
George
George R. Harvey, Jr.
President of Colorado Association of Realtors 2010
Owner/Broker, The Harvey Team
P.O. Box 2283, Telluride , CO 81435
970-729-0111 cell
Tuesday, October 26, 2010
Top 5 Most Expensive Private Yachts in the World
This was shared by Fanis Zacharis who is in one of my networks! Enjoy!
Top 5 Most Expensive Private Yachts in the World
Top 5 Most Expensive Private Yachts in the World
Wednesday, August 11, 2010
From Rismedia - 6 Reasons to Buy a Vacation Home Now
Here's a great read from Rismedia about buying a vacation home now.
RISMEDIA, August 11, 2010—As the real estate market continues its bumpy road toward recovery, the vacation home market is heating up, causing homeowners around the country to seriously consider buying the vacation home they’ve been eyeing.
Margaret La Grange and Christine Van Tuyl, an award-winning mother-daughterteam with Prudential California Realty in Coronado, CA, offer the top... read more
RISMEDIA, August 11, 2010—As the real estate market continues its bumpy road toward recovery, the vacation home market is heating up, causing homeowners around the country to seriously consider buying the vacation home they’ve been eyeing.
Margaret La Grange and Christine Van Tuyl, an award-winning mother-daughter
Saturday, June 19, 2010
Global Wealth Increasing
Thursday, June 10, 2010
Dear Luxury Professional:
Please find a link to a very compelling report on global wealth entitled, "Regaining Lost Ground," resurgent markets and new opportunities.
The report describes several strategies and operating levers such as price, retaining & winning clients and how wealth managers can improve risk management.
North America for example posted the greatest absolute gain in wealth at $4.6 trillion while the largest percentage gain occurred in Asia/Pacific where wealth increased some 22%.
There are now 11.2 million, "millionaire households" in the world today with roughly half (4.7M) in the United States!
The highest density of millionaires exists in Singapore, Hong Kong, Switzerland and The Middle East.
I found this to be interesting reading and something worth reviewing as the economy begins to incrementally improve and buyer activity increases:
Subscribe to:
Posts (Atom)
