Haute Estates

Donald Trump Barters Property For Gold

Apmex, one of the nation’s largest and most active precious metal dealers has traded three 32-ounce gold bars with Donald Trump in exchange for a 10-year lease for 40 Wall Street’s 50th floor valued at a security deposit of about $176,000. This trade also sets a record as it is the first time the Trump Organization has accepted 99.9% pure gold bullion.

Study Reveals That Nearly Half of All Brazilian Homebuyers in Florida Spend Less Than $200k

While Brazilian buyers have been scooping up property, particularly in downtown Miami, there are a significant number of buyers from Rio de Janeiro and Sao Paulo simply looking for a Miami bargain.

Armed with a stronger-than-ever real currency, Brazilians are the second-largest buyer demographic in Florida after Canadians — but 30 percent of their purchases in Florida are for $99,999 or less, according to data spanning July 2010 to July 2011 that was recently released by Florida Realtors.

Near-Record Number of Las Vegas Homes Sold in August

Las Vegas Realtors say southern Nevada homes sold at a near-record pace during the month of August thanks to high demand among investors.

The Greater Las Vegas Association of Realtors said Thursday that 4,693 homes and condos sold last month, up more than 600 from July numbers. August sales were also up more than 1,000 from the 3,638 homes sold last August.

Pete Sampras Still Awaiting Buyer For Luxury Home

Former tennis great Pete Sampras has put down his professional racket, but he’s still in the real estate game. He and his actress wife, Bridgette Wilson-Sampras are selling their newly-built, custom estate in the guard gated community in Lake Sherwood, a sub-division of Thousand Oaks, California. The home was placed on the market in March of 2010, and has yet to find a buyer. Now, the price has come down to $19,950,000 in hopes that someone will take the massive property off their hands. In the meantime, property records show that the 14-time Grand Slam-winning tennis ace and the former Miss Teen USA are shacking up with their two kids in a $5.6 million pad at the end of a quiet cul-de-sac in the star-studded Brentwood area of Los Angeles.