The Palm Beach Post Real Estate News page reports that, “you and your neighbors are not alone. The place the president and his family call home was worth 5.1% less last year, one analyst says.”
Sunday, January 31, 2010
THE WHITE HOUSE LOST MARKET VALUE TOO…
Saturday, January 23, 2010
WANT TO WATCH LIVE TENNIS-AUSTRALIAN OPEN-ON YOUR COMPUTER?
Friday, January 22, 2010
AZURA BOUGHT OUT OF FORECLOSURE BY TOLL BROS.
Located on the east side of Jog Road, just south of Polo Club, an affiliate of homebuilding giant Toll Bros. has taken title to the unfinished 37-acre Azura estate home project in Boca Raton. It was planned for 92 homes ranging in price from $1.6MM - $3MM and touted as one of the premier developments in Boca Raton. . Most lots are vacant, only 7 were sold for a total of $19MM.
Initial sale and assumption agreement were signed in October. Regions Bank won a $43.1MM foreclosure judgment against developers Polo Field Estates and Gordon Homes in early December and the bank sold the mortgage to Toll FL X.L.P. on December 23rd.
Sunday, January 17, 2010
SNAKES AS INTERNATIONAL SYMBOLS
Serpents such as the snake have been symbols through eternity of fertility, immortality, eternal love, wisdom and much more. At the Bruce Kodner Gallery Auction today, two exquisite reptile bangles will be sold. One is a Victorian 22kt yellow gold 3 ct diamond snake bangle and the other is a 1970’s 18 kt yellow gold diamond and enamel snake bangle which appears menacing. The serpent looks on the alert, head raised, tongue out, and like it is hissing.
Ancient Egyptian Pharaohs are pictured wearing sacred serpent pendants. Aesculapius, the God of Medicine in ancient Greece, had a household snake wrapped around his staff, and even today that remains as the symbol of the medical profession. Ancient Greeks and Romans revered the snake as a guardian spirit and symbol of wisdom.
Queen Victoria liked snakes and felt they were emblems of eternal love. Her betrothal ring was an emerald-set serpent with its tail in its mouth. The circular cold represented eternity and everlasting love. She made snake jewelry fashionable in the 1890s, on rings, bracelets and necklaces. From 1910 through 1930, Cartier’s sketchbooks pictured drawings of snake rings and bracelets and snake items are still popular at Cartier. Lalique, the French glass and jewelry designer (1860-1945) was obsessed with snake and insect motifs and made such jewelry for Sarah Bernhardt.
In 2008 our local Palm Beach Zoo opened its 1000 sq ft Reptile House displaying a variety of venomous and non-venomous reptiles and amphibians found in the state of Florida.
Saturday, January 16, 2010
PALM BEACH POETRY FESTIVAL BEING HELD IN DELRAY BEACH
The Old School Square Cultural Arts Center is the location for the 6th Annual six days of readings, lectures and poetry workshops. from Monday, January 18th through Saturday, January 23rd. Twelve award-winning international poets will be featured as fans from 25 different states listen to participating poets in readings, talks and panel discussions. Nine of the events are ticket and there are two free poetry readings.
The faculty includes critically acclaimed poets who teach in graduate and college level writing programs and include the New York Poet Laureate, winner of the National Book Awared and many other staff have received outstanding awards and fellowships.
Tickets are available through the festival website and at the Crest Theatre Box Office at Old School Square, or by phone at 561-243-7922. Tickets are $12 for adults, $10 for seniors and $8 for students. Special student group rates are available.
Sunday, January 10, 2010
KEY WEST TRUMAN LITTLE WHITE HOUSE-A GREAT PLACE TO VISIT!
From 1946 to 1952, The Harry S. Truman Little White House was the winter White House of America, and subsequently used by later Presidents. Fourteen American Presidents have vacationed in the Florida Keys and Key West. This was a relaxing and restoring environment when dealing with the threats of the Cold War. Opened in 1991 as the only Florida Presidential Museum, almost 90% of the furnishings are original to the site, giving an intimate view of Truman’s personal life. Restoration is ongoing to bring the property even closer to its 1949 appearance. Public donations are accepted by the Harry S.Truman foundation.
Tour Guides offer glimpses into the Cold War politics, personal views of Truman, and the Naval History of Key West. The tours are occasional closed for government functions. The home can be used for Private Events as well. Your can host your own private state dinner for two or for one hundred and have an extraordinary dinner party. Weddings are held here too. From February 1 to April 1, 2010, “With Love, Harry” will celebrate Bess Truman’s 125th birthday. Included will be a display of the thousands of letters sent between Harry and Bess over 50 years. Botanical Gardens tours reveal an acre of tropical foliage and trees surrounded by the original 1890 wrought iron fence.
Christmas is a special time here, with “Harry’s Girls” decorating the house. There is a Museum Gift Shop featuring White House Ornaments dating back to 1999. Recently Truman’s 125th birthday was celebrated at the Little White House representing three of his most important decisions: recognition of the state of Israel, the berlin Airlift and desegregation of the military. The birthday cake was served by “Harry’s Girls.”
Thirty-five percent of Americans polled by Washington Whispers picked the Key West Little White House as the place they most would like to visit, topping all other seasonal White House locations. Click here for TOUR INFORMATION. You can call 305-294-9501 for information.
Thursday, January 7, 2010
GONE FISHIN'...
Looking to spend a leisurely day going for snook, redfish, bluefish and Spanish mackerel? SEBASTIAN INLET STATE PARK is a premier saltwater fishing spot. Several major surfing competitions are held in the park. The McLarty Treasure Musuem features the history of the 1715 Spanish treasure fleet. The Fishing Museum tells about the area’s fishing industry. Enjoy the swimming, snorkling, canoeing, Kayaking and trails. Full-facility campsites and a boat ramp are available.
Saturday, January 2, 2010
REPORT ON THE ECONOMY
The Washington Post reports that:
"There has been zero net job creation since December 1999. No previous decade going back to the 1940s had job growth of less than 20 percent. Economic output rose at its slowest rate of any decade since the 1930s as well.
"Middle-income households made less in 2008, when adjusted for inflation, than they did in 1999 -- and the number is sure to have declined further during a difficult 2009. The Aughts were the first decade of falling median incomes since figures were first compiled in the 1960s.
"And the net worth of American households -- the value of their houses, retirement funds and other assets minus debts -- has also declined when adjusted for inflation, compared with sharp gains in every previous decade since data were initially collected in the 1950s." (See: "Aughts were a lost decade for U.S. economy, workers," Jan. 2, 2010)
"There has been zero net job creation since December 1999. No previous decade going back to the 1940s had job growth of less than 20 percent. Economic output rose at its slowest rate of any decade since the 1930s as well.
"Middle-income households made less in 2008, when adjusted for inflation, than they did in 1999 -- and the number is sure to have declined further during a difficult 2009. The Aughts were the first decade of falling median incomes since figures were first compiled in the 1960s.
"And the net worth of American households -- the value of their houses, retirement funds and other assets minus debts -- has also declined when adjusted for inflation, compared with sharp gains in every previous decade since data were initially collected in the 1950s." (See: "Aughts were a lost decade for U.S. economy, workers," Jan. 2, 2010)
Translation: The economy was downsized during the past decade.
HOMES SOLD IN 2009 IN ROYAL PALM YACHT & COUNTRY CLUB
Listed for $19,900,000, a home dubbed “Royal Manor,” the most expensive home this year sold for $12,900,000. With 10 bedrooms, 11 full and 5 half baths, in 18,262 living sq ft, built in 2008, the home was on the market for 335 dqays and sold in January 2009. The estate is an unparalleled 25-room mansion on one acre+ featuring three southeast deepwater lots of vast lawns, formal gardens and specimen trees set behind privacy gates and walls. It has the appearance of an English Country Manor with 296+/-’ of yacht dockage.
The least expensive home listed for $795,000, sold for $615,000 with 3 bedrooms, 3 baths within 2283 living sq ft. Built in 1965, it was on the market 137 days. Plans were available to tear down and build a 6800 sq ft Mediterranean estate home.
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