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Some good news for Vacation Homes

Deven Spear — Fri, 14 Jan 2011 16:41:33 +0000

Sales in many vacation communities across the U.S. soared last year to levels not seen since boom times, driven by deep discounts, cash purchases and buyers’ rising stock portfolios.

Affordable Housing for the Affluent

Deven Spear — Wed, 11 Aug 2010 18:12:29 +0000

Great video from the WSJ about high-end vacation homes, which are building smaller, less expensive houses in resort communities as home sales slump in major markets across the country.

Even my local deli wants to be “followed”

Deven Spear — Sun, 23 Aug 2009 17:13:45 +0000

Posted via email from Deven Spear’s Posterous

Existing-Home Sales Rise 7.2%

Deven Spear — Fri, 21 Aug 2009 18:24:36 +0000

The highest month-over-month percentage increase in more than a decade!

http://online.wsj.com/article/SB125085108563549051.html

Posted via email from Deven Spear’s Posterous

Mortgage delinquency rate hits all time high in 2Q but…

Deven Spear — Mon, 17 Aug 2009 19:36:32 +0000

NEW YORK (AP) – The delinquency rate on U.S. mortgage loans hit an all-time high in the second quarter, but the pace of growth for the rate slowed, a possible sign the mortgage crisis may be beginning to turn the corner. Data provided by credit reporting agency TransUnion shows the ratio of mortgage holders who are 60 days or more behind on their payments increased for the 10th straight quarter, to 5.81 percent nationwide for the three months ended June 30.

For the full story: http://www.cnbc.com/id/32450865

One of the Golf Legends

Deven Spear — Sun, 10 May 2009 15:53:24 +0000

I have never met Pete Dye, but being from the south I sure know his name.

Back in the late 1980s, I was building custom homes in Landfall at Wrightsville Beach, NC. Landfall was blessed to have two of the great designers; Jack and Pete. Despite the allure of the Nicklaus brand, most locals were excited about the Pete Dye design.

What I remember most was his reputation for being a golf purist and how much people just liked the man. In November Pete Dye was inducted into the World Golf Hall of Fame. An excerpt:

Dye’s approach to constructing a new course harkens back to an older time – he does not strictly adhere to detailed architectural plans or diagrams, preferring instead to fashion each hole out of the ground in a very personal and handson fashion, very much in the manner of the grand masters of golf course architecture. Given Dye’s approach, you’d almost expect to see him out on a job site with the mules and scrappers fashioning a course similar to his direct lineal architectural antecedents – Donald Ross, C.B. Macdonald, Alister MacKenzie and A.W. Tillinghast.

Over the years I have seen many of our BrightDoor communities employ Mr. Dye for creating their golf legacy – and it must be paying off (Reed Development and Linger Longer to name two) .

I believe Pete Dye is a true icon in golf and a man who makes the real estate industry proud. Here’s a new list from Links magazine of the Top 20 Pete Dye courses you can play.