Luxury Insider: The Year of the Condo

By Alain Pinel, General Manager of Intero Prestigio international, Intero Real Estate Services, Inc.

In the real estate residential arena, as everybody knows, the dynamic duo is made of Single Family Homes and Condos. In some towns, SFH represent 100% of the housing stock. In some districts of large cities, condos (together with co-ops) represent 100% of the stock. For the most part, they cohabit in harmony, as they serve different needs for different people.

Since towns, at this point and going forward, are far more likely to grow vertically than stretching horizontally due to the lack of buildable space where people want/need to live and work, condos keep on mushrooming very quickly on the land.

A Tale of Two Markets

By Gino Blefari, President & CEO, Intero Real Estate Services, Inc.

Two sets of data about California real estate released this past week reveal a housing market that’s healthy, yet complicated and moving in a few different directions.

What we’re seeing is a market that’s improving overall, but that continues to struggle with supply – especially in certain pockets like the San Francisco Bay Area.

2013 brought about vast improvements in the state’s luxury markets, with sales of homes costing $1 million or more soaring 45% to their highest level in six years, according to La Jolla-based housing data company DataQuick.

Life is like a roll of toilet paper

By Tom Tognoli, COO & Founder, Intero Real Estate Services, Inc

Where does the time go?

This past Friday I turned 50. I feel great and don’t feel 50…however that is supposed to feel, but it is still hard for me to wrap my head around. I feel like I am maybe in my mid 30’s, but 50…no way. Where does the time go? I am sure most of you reading this can relate.

Now…don’t get me wrong…it’s all good and I am good with it. I am blessed with so many amazing things…a great family, I live in the most amazing place in the world, I am healthy, my family is healthy, I am happily married and I have two great kids, I live in a beautiful home, have great friends, and have helped build a great company, but how in the world did this happen? How did I get to be 50? How did it become 32 years since I graduated high school? How have I been married for 22 years? How has it been over 12 years since we started Intero? And how in the world did my boys get to be 16 and 14? All of you with kids totally get this.

Happy Groundhog Day

One Cool Thing

Can you find where you live? Where you want to live?