Dream Homes

This past weekend, there was an article in the paper version of the Wall Street Journal – so when I searched for it on line to have reference while blogging about it, this is what came up…..it’s interesting to see the difference between “downsizing”, “default”,  “clouds over”, “builder’s foreclosure” in 2009 to the present article of huge luxury homes being built on speculation….scroll down to see the mac daddy of them all – built by developers in hopes of a buyer…..click on the link below to see/hear Candace Jackson’s report:

file:///Users/debhalsey/Desktop/SB10001424052748704405704576064123213962598%202.html.webloc

  1. ‘Extreme Makeover’ Show Downsizes Its McMansions – WSJ.com

    Apr 6, 2010  Realty Check: ‘Extreme Makeover’ Downsizes Its Dream Homes. Producers of Hit TV Show See Bad Loans, Dashed Dreams, Default 
    online.wsj.com/…/SB10001424052702304017404575165840903285032. html –Cached – Add to iGoogle

  2. American Dream 2: Default, Then Rent – WSJ.com

    Dec 16, 2009  But ever since they quit paying their mortgages and walked away from theirhomes , they’ve discovered that giving up on the American dream 
    online.wsj.com/article/SB126040517376983621.html – Cached – Similar

  3. Builders Downsize the Dream Home – WSJ.com

    Nov 13, 2009  Builders are struggling to distinguish among what post-recession homebuyers need, what they want and what they can live without.
    online.wsj.com/article/SB125807017854346243.html – Cached – Similar

  4. Clouds Over Dream Home – WSJ.com

    Nov 20, 2009  This year’s model home from the National Association of Home Builders has become a poster child for the building industry’s woes, 
    online.wsj.com/article/SB125867759869456673.html – Cached – Similar

  5. A Fantasy Camp That Turns Dream Homes Into Floor Plans – WSJ.com

    Mar 25, 2009  A workshop sponsored by the Frank Lloyd Wright Foundation introduces neophytes to the practice of architecture.
    online.wsj.com/article/SB123793373462231023.html – Cached – Similar

  6. In Some Energy-Efficient Homes, the Boiler Room Is a Thing of 

    Jul 15, 2010  In the New Dream Home, Majestic Boilers and Designer Pipes ….. Topics: 74. The place to discuss the featured home on WSJ.com/RealEstate. 
    online.wsj.com/…/SB10001424052748704862404575350720302248474. html – Cached

  7. Builders’ Dream Home Sold for a Song at Foreclosure Auction 

    Jan 19, 2010  This just in: The actual 6800-square-foot New American Home, on virtual display here at the annual convention of the National Association of 
    blogs.wsj.com/…/builders-dreamhome-sold-for-a-song-at-foreclosure- auction/ – Cached

  8. HGTV Dream Home – Wikipedia, the free encyclopedia

    “Retiree Wins HGTV Dream Home in Rockies”. Wall Street Journal. http://www. washingtonpost.com/wp-dyn/content/article/2007/03/19/AR2007031901561_pf.html. 
    en.wikipedia.org/wiki/HGTV_Dream_Home – Cached – Similar

  9. Million Dollar Dream Homes – CBS MoneyWatch.com

    Jan 11, 2011  Instead, as the Wall Street Journal recently reported,  Building multi- million dollar dream homes on spec is a risky business, 
    moneywatch.bnet.com/saving-money/blog/homedreamhomes/3608/

    From the Wall Street Journal Article:
  10. The developers of the $60 million Miami Beach house say the estate, which has cost them $30 million so far, has one of the state’s first in-home projection 3-D movie theaters. The home, which was built by developers Shlomi Alexander and Felix Cohen, also has a hidden art vault, an elaborate security system and a wine room that can be accessed only via fingerprint identification. Materials like mother of pearl, rare marble and Austrian oak are used throughout. To find the right gold-flecked marble for the master bathroom, the developers say they flew to Italy to personally pick it out from a quarry. To get inspiration for the home’s waterscape and pool, which has a waterfall cascading from the second floor, they visited the Amanyara resort in the Turks and Caicos Islands.


    Constructed on Indian Creek Island across a series of limestone pavilions, the 30,000-square-foot glass-fronted home is divided by waterways and koi ponds. Its architect, Rene Gonzalez, who was also a project designer on the Getty Museum in Los Angeles, describes it as a “conceptual” house that’s supposed to feel like a private resort. There’s a central courtyard with landscaped walls and a beach with several tons of sand imported from the Bahamas (chosen over local Florida sand for its pinkish color). Since the potential buyer likely will already own several homes, Oren Alexander, the developer’s son and New York-based broker who is marketing the listing to buyers outside Miami, says the home’s inclusion of furniture will be a big selling point. “The house is such a unique style I think only the developers can furnish it,” he says. “And when somebody’s buying a property they want          it to be instant satisfaction.”

    It will be interesting to watch the asking price as time goes on…..will keep you posted.

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