Andrew Luftig’s Post

This week, we'll be covering the luxury market of Montecito and Hope Ranch's year-to-date stats to get a different perspective of what’s going on in the market year over year. We've seen a decrease in active listings and closing on Montecito while in Hope Ranch, active listings increased compared to last year. Median sales prices still show that the market is very active with a slight increase in Montecito while in Hope Ranch, we saw a decrease compared to last year. Come back next week to get the latest on Carpinteria and Summerland. Considering buying or selling? Email me for a 15-minute no-obligation consultation at: [email protected] #realestate #realestateadvice #homessantabarbara #montecito #luxuryrealestate #housegoals #househunting #realestatetips #santabarbararealestate #theprecedentforexcellence #tarynmartinrealestate #luxuryrealestate

Whether you're a seasoned landlord or a first-time property investor, here are some compelling reasons why it's essential to partner with a reputable letting agent >> https://lnkd.in/eyyH_ubS #landlord #property #tenant #CheltonBrown #Northants #buytolet #lettings

Major Price improvement on Pawleys Island acreage on the marsh! A $390,000 list price reduction to $2,100,000.

Whether you're a seasoned landlord or a first-time property investor, here are some compelling reasons why it's essential to partner with a reputable letting agent >> https://lnkd.in/ensFaJKr #landlord #property #tenant #CheltonBrown #Northants #buytolet #lettings

Got an answer? Dive into today's Question of the Day! Ginny owns 50 acres of land with 500 feet of frontage on a desirable recreational lake. She wishes to subdivide the parcel into sellable lots, but she wants to retain control over the lake frontage while allowing lot owners to have access to the lake. Which of the following types of access rights would provide the greatest protection for a prospective purchaser? A. an appurtenant easement B. an easement in gross C. an easement by necessity D. a license 𝗔𝗻𝘀𝘄𝗲𝗿: A. an appurtenant easement 𝗘𝘅𝗽𝗹𝗮𝗻𝗮𝘁𝗶𝗼𝗻 Appurtenant easements afford the most protection since they are generally a permanent feature of the property. Thus, in the case of sale, the lake access passes to any new owners. By contrast, an "easement in gross" is between two individuals, which would severely limit the attractiveness and value of the property if the original owner wished to sell.

Got an answer? Dive into today's Question of the Day! Ginny owns 50 acres of land with 500 feet of frontage on a desirable recreational lake. She wishes to subdivide the parcel into sellable lots, but she wants to retain control over the lake frontage while allowing lot owners to have access to the lake. Which of the following types of access rights would provide the greatest protection for a prospective purchaser? A. an appurtenant easement B. an easement in gross C. an easement by necessity D. a license 𝗔𝗻𝘀𝘄𝗲𝗿: A. an appurtenant easement 𝗘𝘅𝗽𝗹𝗮𝗻𝗮𝘁𝗶𝗼𝗻 Appurtenant easements afford the most protection since they are generally a permanent feature of the property. Thus, in the case of sale, the lake access passes to any new owners. By contrast, an "easement in gross" is between two individuals, which would severely limit the attractiveness and value of the property if the original owner wished to sell.

In this reel, I ask Geoff White from Barry Plant Docklands what advice he would give anyone who wants to enter the current #property market. #realestate #Melbourne

For my latest story for The Wall Street Journal, I teamed up with my colleague Sarah Paynter to figure out why Lake Martin has turned into one of Alabama’s priciest housing markets. Created in the 1920s, this man-made lake has been attracting wealthy southerners for decades. Recently, the area experienced a big uptick in out-of-state home buyers spending millions of dollars buying and building lakefront homes. Why are more people choosing Lake Martin? According to Russell Lands Inc., a major developer in the area, its central location, ongoing development, and family-friendly lifestyle are key attractions. One of the area’s newest draws is the Wicker Point Golf Club, which is set to open in late September. It will have Alabama’s first Coore & Crenshaw-designed golf course. For Floridians Matthew Meehan and Rod Hildebrant, founders of ShineWater®, Lake Martin is the perfect antidote to their life in Miami. After discovering the lake in 2015, the couple became hooked to its laid-back lifestyle. Five years later, they built a roughly $22 million lakefront home there, which blends Norman and Southern architectural styles. Now they spend several weeks of the year at the home, boating to nearby islands and entertaining guests. Read our story for an inside look at Lake Martin and its budding luxury real-estate market. Have you recently bought a home in a lesser known vacation destination? Tell us where in the comments below. #LakeLife #Alabama #Boating #Restaurants #House #LakeMartin #RealEstate

It’s vital to have your estate set up properly.