Monday, June 13, 2011

Luxuryportfolio.com LuxeTrends Newsletter



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LuxeTrends® © 2011 Luxury Portfolio InternationalTM V.3

I N T E R N A T I O N A L

indulgence is no longer a four-letter word
We are feeling better about the luxury market. And it shows. It’s a cautious optimism, yet increasingly confident nonetheless. Challenging times take their toll; but renewed enthusiasm reminds us that "indulgence" is no longer a four-letter word. Gold, champagne, chocolate, beauty care, and beloved luxury brands are some of our favorite ways to pamper and we know you are ready for a little bit of decadence these luxuries provide, too.

CHAMPAGNE
Still obsessed with the Royal Wedding? You can re-create it on a smaller scale with this insider tip. At Prince William and Kate Middleton’s affair, distinguished regal and celebrity guests sipped the elegant Pol Roger Champagne to toast the royal couple. Long associated with the British ruling class, Queen Elizabeth herself selected Cuvée Brut Réserve Pol Roger to serve the revelers. We have no doubt this will be the perfect hostess gift for months to come. PolRoger.com

For an even bigger indulgence, consider Luxor Gold Champagne. Produced in limited quantities each year, Luxor Gold blends real gold flakes into the bubbly to treat the eyes in addition to the palate. Because, of course, who wouldn’t want to see little bits of gold sparkling in their champagne? LuxorBrut.com


CHOCOLATE
Another one of life’s great indulgences is the delectable sweetness of chocolate. With flair similar to the flakes of Luxor Gold, the treats from MarieBelle goumet chocolates are like wrapped works of art collected in a signature blue and brown box. Couture confections include saffron, cardamom and even Earl Grey tea - an appealing treat and new spin on a traditional boxed chocolate gift. MarieBelle.com

Providing the ultimate sweet indulgence, the La Madeline au Truffe is a far from ordinary delicacy. At $250 per each two ounce ganache, the truffle from Knipschildt Chocolatier is recognized as the most expensive chocolate in the world. A true taste of luxury, it begins with a rare French Perigord truffle wrapped with a sweet mixture, then rolled in fine cocoa powder. Knipschildt.net


BEAUTY
The many shades, styles and gimmicks of beauty products can be overwhelming, but knowing what to invest in can add to the invigoration they provide. Created from and infused with 24K gold, Oro Gold Cosmetics add cachet to your daily routine. Literally cover yourself in gold with day moisturizers, renewal creams and more rejuvenating products said to activate regeneration and slow the effects of aging. OroGoldCosmetics.com

Like gold, Jade is also most commonly associated with fine pieces of jewelry. But now the symbol of nobility is used to treat your skin like royalty. Made with real Jade and natural ingredients, the Nephria Jade Beauty Bar is a luxurious way to revitalize. Remove toxins and reduce irritation with healing properties of Jade and revel in the ultimate bathing experience. Nephria.com


LUXEBRANDEXTENSIONS
Enjoying products from a preferred luxury brand adds an extra layer of comfort to our favorite indulgences. Even more exciting is when a trusted brand extends itself into uncommon territory. Clive Christian, the well-known kitchen designer to the stars, offers high end cabinets and tailored furniture pieces filling the finest luxury spaces. Recently, the designer stepped outside of that realm with exclusive perfumes that go for as much as $25,000 a bottle. Less expensive, yet still extravagant, scents for men and women are available at stores including Neiman Marcus and Saks 5th Avenue. Clive.com

Before treating guests to the fine Pol Roger champagne, Kate Middleton was squired to Westminster Abbey in a 1977 Rolls Royce Phantom IV. A legend with car aficionados and an enduring symbol of ultimate luxury, the level of classic styling fit for a fairytale has been transported to an unexpected place.

Designer of the Phantom, Marek Djordjevic, devised the
TwinLuxe Chrome Edition Shave Set for a superior shave. Like the classic auto, the set isn’t overtly flashy, but is cleanly refined with a brush and razor in polished chrome, alumina ceramic or PVD coating. Perfect for Phantom drivers and admirers alike. TwinLuxe.com


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LuxeTrends® © 2011 Luxury Portfolio InternationalTM

I N T E R N A T I O N A L

In search of that Ultimate Luxury Home? We can help.
Call or email me today!
Steve Kuncho REALTOR, SFR
928-234-9560
stevekuncho@bhcrei.com
www.bhcrei.com
www.lhcrei.com

May 2011 Market Watch Report


May 2011 Market Watch Report

Prices heat up with the temperature.

Our Bullhead City, Fort Mohave and Mohave Valley real estate market continues to move in the right direction for recovery. May ended strong with the average and median sales price of single family homes topping the charts for the year at $133,109/$122,000. In last month’s newsletter I touched on the fact that demand for housing had been strong, why had we not seen an increase in sales price? Thankfully for the second consecutive month our local real estate market has seen an increase in sales price. With the temperature just starting to hit the 100 degree mark, our prices are heating up too!

In addition to the average sales price increase during May 2011, we saw an increase in sales for homes priced over $150,000. Foreclosure sales continue to bump along and claim the lion’s share of the market although May did see a decrease from 60% of the market in April down to 55%. Short sales Number of homes sold tied with April at a total of 85.


Active Pending Sold Average Median Days on % Foreclosed % Short Sale % Resale under 150K

398 160 78 $144,350 $113,950 135 56% 12% 32% 70%

451 253 62 $127,354 $115,400 133 46% 11% 43% 74%

387 169 106 $119,436 $100,500 119 54% 9% 37% 75%

451 258 85 $124,687 $114,900 140 60% 10% 30% 78%

452 250 85 $133,109 $122,000 144 55% 10% 33% 65%


Our market continues to recover and we continue to remain proactive in our marketing efforts. We continue to market in the local Around the River Magazine, flyers, our eye catching new yard signs, direct mail, and website presence through extensive SEO (search engine optimization).

To discuss your real estate needs; call or email me today.
Steve Kuncho REALTOR, SFR
928-234-9560
stevekuncho@bhcrei.com
www.bhcrei.com
www.lhcrei.com