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Market Outlook: July 8, 2013

Kenny Polcari provides a weekly market update from the floor of the New York Stock Exchange.

Eric Robison: The Unconventional Journey

Eric Robison: The Unconventional Journey

From accounting, to fashion, and real estate, Eric Robison has maintained a reputation as “the guy who could make magic happen”. Having lived and travelled around the world, Robison has created a career out of successful self-reinvention. Today, he is an award winning Real Estate agent, recognized for his leadership in the community.

 

The Wealth Report – If you had US$30m in the bank, where would you invest in property?

The Wealth Report – If you had US$30m in the bank, where would you invest in property?

Andrew Hay, Knight Frank‘s Global Head of Residential Research answers common questions on why HNWIs are investing in prime property, where HNWIs are coming from and going to, where are HNWIs investing in prime property? Where are HNWI located? Where would I invest $30 million?

 

The Wealth Report: Commercial Property discussion with Jeremy Waters & James Roberts

The Wealth Report: Commercial Property discussion with Jeremy Waters & James Roberts

CommercIal property is back. As private investors look to increase their exposure to the global economic recovery, the Wealth Report 2013 looks at where the smart money is heading. Jeremy Waters, partner at Knight Frank and James Roberts, head of Commercial Research discuss the findings.

 

The Wealth Report – Future Trends in HNWI property investments

The Wealth Report – Future Trends in HNWI property investments

Oliver Knight of Knight Frank‘s Residential Research team looks at the key findings of The Wealth Report’s Attitudes Survey. The survey provides a unique insight into how HNWIs view property now and in the future.

 

Michigan is Home to Twelve Billionaires

Michigan is Home to Twelve Billionaires

A look at the richest Michiganders

Try Relocation Therapy by Ken Torrino

Try Relocation Therapy

Relocation therapy is growing in popularity as people are searching for new ways to cope with loss in their lives. Loss of a job, loss of a loved one, or loss of motivation could all be impetus to relocate to another location. People are encouraged to move whenever they are faced with a roadblock in their lives that they cannot overcome. NY real estate agents are helping more people find homes who are moving to New York to cope with a divorce or other life-changing event. Relocation makes it easier for some reason.

Relocate to Make Social Interactions Easier

Many older people relocate to be in a closer knit community where people know one another. One older lady, for instance, traded her New Jersey home to live in Manhattan and be closer to people in her community. Daily, she bumps into people for coffee in Manhattan, but in New Jersey she rarely met anyone. Relocation to a more active community can make it easier to interact with people and feel connected. Purchasing a new home is considered real estate therapy.

Why Should You Relocate?

Relocation is recommended after a nasty breakup. Some people simply cannot bear seeing their former significant other with someone else. Instead of watching your significant other with spend time with someone else, move and allow yourself time to heal.

The positive aspects of relationships can be brought along with people who are relocating, and the negative aspects of the relationship can be left in the home. Most therapists will advise people not to make any life changing decisions until one year after the death of a family member or spouse, but some therapists are beginning to think that some aspects of bereavement and depression can be avoided if people move after someone dies or divorces.

Many people have even moved after a dog dies. This seems odd to some people, but dogs have been integrated in some people’s lives. Some people find that starting over in a new location can help significantly.

house

Relocation therapy is growing in popularity and is worth exploring with a progressive therapist to determine if it is the right move for you. If it is for you, your life will improve, and you will develop richer relationships that are lasting, and the feelings of depression will subside

This information was written by Ken Torrino, web relations for Elliman, brokers for New York City real estate.

How to play the 2013 housing market

How to play the 2013 housing market

2013 could bring on more home price appreciation and changes in the popular mortgage interest tax deduction.

 

The World’s Coolest Tax Shelters: Luxury Ranches in Texas

The World’s Coolest Tax Shelters: Luxury Ranches in Texas

Exotic animals, luxury homes, souped-up trucks and speedboats can all qualify for tax breaks if you know the rules in Texas. We survey the territory with Jeff Soele, whose real estate company, Texas Best Ranches, specializes in the tax benefits of high-end ranch properties.

 

Grant Thornton 2012 Global Private Equity Report

Grant Thornton 2012 Global Private Equity Report

The report provides insight into private equity general partners‘ expectations for numerous aspects of the fundraising and investment cycle.

Harish HV — Partner, Corporate Finance, Grant Thornton in India said, “Private equity in emerging markets is challenging because of the governance risks and the absence of deep capital and M&A markets to enable exits. An understanding of the local situation is key to success in these markets.”

 

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