Luxury Travel & Lifestyle Trends

It’s no surprise that economic hard times, plus new environmental and social values, are key factors in the death of the McMansion craze. You can almost hear the sigh of relief from some.

The 14th Annual International Real Estate Congress at the Biltmore Hotel last week garnered some good news on the real estate front - at long last. It was very hopeful to hear the experts tell us that things are finally on the move again and that inventory is shrinking.

In a real estate world that sometimes seems a bit like Oz, developers are utilizing creative strategies to survive the current market. The goal is to create some cash flow and to reduce inventory, with the added long range benefit of stabilizing prices in a sector still in free-fall.