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20
Apr

Why Luxury Real Estate May Still Boom In 2017

#SDVIPAgent, Rod Watson here to tell you why Luxury Real Estate may Still boom in 2017.

Main Points

  • Luxury Real Estate is on the move this year.
  • New types of buyers and rules are revitalizing the luxury sector.
  • Growth was predicted to shape the affluent luxury market back in 2016

Luxury real estate agents should be excited about 2017- they have several reasons to be optimistic about their area of expertise.

This year has and will continue to bring its share of exciting developments, innovative design, progressive trends and brand new technology to the high-end real estate market.

In upscale industry there is no time to relax. Here are 4 reasons why it should boom.

1. New mortgages

Financing will be easier for buyers when they want to finance their purchases in 2017.

Fannie Mae and Freddie Mac will provide backing for larger mortgages for the first time in more than 10 years.

2. The Foreign Buyer

International buyers are key as they still desire the coveted luxury property on US soil. They are broadening their horizons and are willing to spend.

Foreign purchasers continue to seek out luxury real estate in major American centers. Yet they are also showing interest in high-end homes in other metropolitan regions across the nation.

International buyers are going far beyond their own borders to find safe investments. Like any homebuyer, they look for affordable prices and the best return, including long-term growth opportunities.

Foreign purchasers crave the luxurious lifestyle and ultimate security that come with a high-end home in an affluent neighborhood.

This wealthy group is not expected to lose interest in U.S. luxury real estate anytime in the foreseeable future. Both Europe and the U.S. will continue to attract increasing amounts of foreign capital, especially from Asian buyers.

3. Historical Growth

As the year progresses, the high-luxury market should see more affordable prices.

Remember steady growth is good. This scenario does follow frequently behind times of high asking price and decreasing absorption numbers.

4. Post-elections

Despite the worry from the recent election things are returning to a more leisurely pace.

The post election period is a time of restoration for the campaign stress.

Toward the end of 2016, there was a spike in contracts for New York City real estate valued at more than $4 million. According to the weekly Olshan Luxury Market Report, the last week of November recorded a $371.6 million year-high for contracts in the Big Apple.

The Olshan Report for the first week of January showed 26 contracts of $4 million or higher were signed during that period in New York City.

This data makes January 2 through 8, 2017, the best first week of a new year in three years for ultra-luxury residential properties in New York City. In addition, more development is expected in the lower end of the luxury market.

In Miami, as expected, waterfront real estate enjoys consistent popularity, but non-beachside mansions are now also glimmering in the eye of the affluent/luxury buyer.

30
Mar

Puppies Predict the 2017 Final Four Championship

#SDVIPAgent here to share something quite fun: Puppies predicting the 2017 Final Four. Pets are certainly a consideration when it comes to choosing a home and I am happy to say I have happily matched many pets and their owners with their dream homes many times in my long career.  Without further ado, enjoy the cuteness below.

new enmew

Contact Listing Agent:
Rod Watson
DIR. Teles Properties Sports & Talent Div
Cell: 619-512-9120
E-mail: Rod.Watson@telesproperties.com
Web: www.SDVIPAgent.com
Instagram: @rodwatson23
Twitter: @rodwatson23
Facebook: @rodwatson23
Snapchat: @rodwatson23

 

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26
Mar

Check Out My Review of San Diego’s Sports Legends

#SDVIPAgent here to talk about a fun topic on one of my favorite cities in the world San Diego! As you know I played professional basketball in Brasil and in that time I made great friends in different sports, soccer, baseball, some of the most international sports out there. I wanted to show you some of my all time San Diego sports legends regardless of era. Check out the list below and be sure to comment on who your favorites is!

 

Charlie and Art Powell

Art Powell

The brothers starred in multiple sports during the 1950s at San Diego High. Charlie, who still holds the school’s shot put record, played pro football for the 49ers, minor league baseball and at one time was the fourth-ranked heavyweight boxer in the world (he fought and lost to Muhammad Ali). Art was a terrific wide receiver for the Raiders, making the All-Time AFL team. Younger brother Jerry, a versatile quarterback, was CIF Player of the Year at Lincoln High. Now there’s an athletic family.

Marcus Allen.

Marcus Allen

It’s easy to remember him as the greatest football player this area has produced, but Allen did more than one thing at Lincoln. I saw him score 49 points in the Summer League basketball final at Peterson Gym. He also pitched on the Hornets’ baseball team and could high jump. Just a natural, brilliant athlete.

Harold “Brick” Muller.

Harrod

A brilliant, All-America player on Cal’s famous wonder teams of the early 1920s. When putting together college football’s first all-century team for Sports Illustrated, Dan Jenkins, the best sportswriter who ever lived, included split end Muller. Brick was the state high jump champion for San Diego High and took the silver medal in the event at the 1920 Antwerp Olympics.

Gail Devers.

Gail devers

Gail is my exception, because we’re talking track and field exclusively here. But she started running cross country as a freshman at Sweetwater High, then ran the 800 as a sophomore, winning the county title, before moving on to the sprints, long jump and hurdles, eventually winning two Olympic 100-meter sprint gold medals. If Ted Williams were like Babe Ruth and could pitch, too, he might have made the list.

Deron Johnson.

deron

Playing for the Cincinnati Reds, he led the National League with 130 RBI in 1965 and once hit a home run in four straight plate appearances. He was an All-America football player at San Diego High, a member of the Cavers’ 1955 mythical national championship team.

Reggie Bush.

Reggie bush

If not our greatest high school running back while playing for Helix, close. Won the Heisman at USC; should have won it twice. He also was one of the better sprinters in section history, reaching the state meet finals in the 100 meters.

Tom Nettles.

Tom nettles

The Hoover High product quite possibly ranks as our greatest all-around athlete. As a receiver at San Diego State in 1968, he caught 11 passes for a then-NCAA record 363 yards against Southern Mississippi. He was drafted by the Chiefs, played in Canada. He played golf in the U.S. Open. While at City College he threw the javelin and played basketball against UCLA’s famed 1965-66 freshman team, featuring Lew Alcindor (Kareem Abdul-Jabbar). Oh, and he’s one of the greatest over-the-line players, ever. His cousin, Graig Nettles of baseball fame, also was an outstanding high school guard at San Diego.

Alan Trammell.

allen trammell

Every year I get a Baseball Hall of Fame ballot, and every year I put a check by Trammell’s name, and not because I covered him in high school. He was a brilliant shortstop with the Tigers, one of the best of my lifetime. What you may not know is that, while at Kearny High, he probably was a better basketball player. All CIF. Really good.

Albert “Pesky” Sprott.

Albert “Pesky” Sprott.

He was one of four San Diego High products (see Muller) who played on those Cal Wonder Teams. The great running back scored seven touchdowns in 1918 against Stanford and had two scores in the Bears’ 28-0 win over Ohio State in the 1921 Rose Bowl. Like Muller, he competed in to the Antwerp Olympics, finishing fifth in the 800-meter run.

Oh ofcourse I’ve got some special mentions below as well!

Chase Budinger

chase budinger

Now playing for the Houston Rockets, was our only three-time basketball Player of the Year while at La Costa Canyon High. And he was one of the top junior volleyball players in the world.

Ezell Singleton

ezell singleton

Still the greatest high school quarterback this county has seen, was a three sport-star at San Diego, a baseball bonus baby.

Brian Sipe (Grossmont High)

Bryan sipe

Was an NFL MVP quarterback with the Browns and was the youngest player on the 1961 Little League World Series champion from El Cajon.

Candice Wiggins (La Jolla Country Day)

Tim Clayton

Was an All-America basketball player at Stanford and a volleyball star. She now plays for the WNBA’s Minnesota Lynx.

Cotton Warburton (San Diego)

CottonWarburton3

Was a star football player at USC and the 1929 state meet 440-yard dash champion (he also won an Oscar for editing “Mary Poppins”).

There’s Amby Schindler, Art Preston, Gavy Cravath, Wally Henry, Lee Ramage, Dave Freeman, George Brown, Ralph Smith, Bud Muehleisen, Presnell Gilbert, Ed Goddard and many more.

original article from san diego tribune.

 

23
Mar

Professional Athletes Who Became Entrepreneurs

#LAVIPAgent to talk about some famous athletes who turned into some tremendous businessmen and businesswomen after their careers (some during!). As you know I played professional basketball overseas in my hayday but now I spend my full time devoted to my other passion, Luxury Real Estate. I think a little known fact is how business savvy some of these legendary players are. Often professional athletes are earning a lot of money and building wealth during their careers so it is only natural they invest it in business after. So without further ado, here are some great stories of athletes turned entrepreneur!

Michael Jordan

Michael Suit

Arguably the best basketball player known to the game, Michael Jordan changed the way basketball is viewed. He played for the Chicago Bulls and later for the Washington Wizards, totaling more than $90 million in earnings as a player salary.

Venus Williams

Venus

This tennis ace couldn’t wait for retirement to start her own company, and the seven-time Grand Slam singles champ now has an equally impressive business résumé as she does an athletic one.

She is the founder and CEO of the clothing line, EleVen, and interior design company, V Starr Interiors. She told Forbes magazine, “I think as an athlete you’re always overcoming all kinds of challenges. That’s the name of sport — it’s a challenge. So definitely applying those lessons of perseverance and learning from mistakes and setting goals has definitely helped me in business.”

Roger Stauback

Roger Staubach
The Hall of Fame quarterback who led the Dallas Cowboys to two Super Bowl victories turned to real estate after retiring his football helmet and pads. He worked for real estate titan Henry Miller Jr. for six years before building his own commercial real estate firm, The Staubach Company. The firm began with five employees, expanded exponentially under Staubach’s leadership, and eventually sold for $613 million in 2008.

Tony Hawk

Tony Hawk
It’s easy to take for granted the fact Tony Hawk’s name is synonymous with skateboarding, but his ascension to superstardom comes on the back of some terrific business instincts. In 2009 Hawk was the highest-paid action sports athlete on the planet at $12 million, selling his name on everything from shoes to bicycles, clothes, a best selling autobiography and of course, skateboards. His video game series has amassed over a billion dollars since their inception in 1999, and while his peers lived the rockstar lifestyle partying in Southern California, Hawk enjoyed the best of both worlds.

John Elway

Wayne Gretzky
The legendary Denver Broncos quarterback, and two-time Super Bowl champion, made a splash in the world of business after hanging up his blue and orange No. 7 jersey. Since retiring, he has been involved in several business ventures, most notably owning two “Elway’s” steakhouses, five auto dealerships, and an Arena Football League team, the Colorado Crush.

George Foreman

george forman
The boxer made a name for himself in the 1968 Olympic games when he knocked out Jonas Čepulis to secure a gold medal. He started his business career several years before retiring, when he introduced theGeorge Foreman Lean Mean Grilling Machine in 1994. He went on to launch a variety of products, including environmentally friendly cleaning products and a clothing line.

Maria Sharapova

Sharapova
The five-time Grand Slam champion and current No. 2 player in the world finds time off the tennis court to take on the world of business. She founded the premium candy line, Sugarpova, in 2013, and saw great success in the first year, selling over two million bags of candy.

Wayne Gretzky

Wayne Gretzky

The hockey legend traded in his career on ice for a career in business. He told the Financial Post, “You can’t just retire at the age 40 years old and play golf every day. I tried it for one year and you quickly find out it’s nice to be active.”

The all-time leading goal scorer in the NHL chose to be active in the business world, and is now involved in several business ventures, including the “Wayne Gretzky’s” restaurant in Toronto, and Wayne Gretzky Estates Winery.

Magic Johnson

Magic johnson

One of the most popular and talented basketball players in NBA history, Earvin “Magic” Johnson is the consummate entrepreneur. After retiring from professional basketball following 13 seasons with the Los Angeles Lakers, Johnson quickly began building a business empire all his own, founding Magic Johnson Enterprises. His eponymous company is now a conglomerate, with a varied portfolio of business holdings, including movie theaters and restaurant chains. MJE also focuses on uplifting the neighborhoods in which it enters, offering programs and services aimed at empowering the local residents who live and work there.

If you would like to keep up with me and my upcoming ESPN Radio Show, sign up for my newsletter below!

  Get a Copy of My Book Today!

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18
Feb

The Importance of Business Partnerships- Chef Santiago of Donut Bar San Diego

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#LAVIPAgent Rod Watson here to talk about the importance of finding business associates & partners with the same values as yourself. In the road as an entrepreneur and especially a luxury real estate agent I can not emphasize how important it is to partner with brands and even individuals that align with your values. One of my favorite hobbies is cars. I sold luxury vehicles for many years before I even got into real estate. When I arrived in San Diego I met Chef Santiago Campa who is also a car fanatic. You can see this is the picture below of his famous Donut Bar Lamborghini!

When I met Chef I knew we had to partner and provide value with our skills. I would provide exposure to my demographic who enjoy viewing a luxury brand and sports personality. I also would make strategic posts and Facebook live videos in his shop anytime I visited. In exchange Chef would provide my clients with his World Famous Donuts. It was a match made in heaven.

Chef's Famous Donut Bar Lambo

Chef’s Famous Donut Bar Lambo

The most important thing to remember is this: Value For Value: Chef and I were able to present what things were important to us and also provide exposure for each other. In any relationship you enter into, business or otherwise be sure to set the expectations from the beginning. The rest will take care of itself.

#LAVIPAgent #SDVIPA#SDVIPAgent #LAVIPAgent #RodWatson23

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