Houston Lifestyle | UREM

SEPTEMBER | OCTOBER 2014

H O U S T O N

Downtown & Metro San Diego

January | February 2014

PROVIDING A LIFEST YLE, NOT JUST AN ADDRESS. Represented Over 45 Discovery @ Cortez Hill Transactions Since 2002 Listing and selling condos in this building is especially important to me and I am committed to my clients to give the best service possible. As an original owner from 2002 to 2007, I have grown fond of the location, residents and lifestyle Discovery @ Cortez Hill has to offer!

In today’s market you need an agent that demonstrates expertise and confidence throughout the entire transaction. I offer my clients the knowledge, upscale marketing, and negotiating skills to get YOUR CONDO SOLD!

92101 CONDOS PRICE/SQFT IN THE LAST 30 DAYS BED BATH SQFT

2

HIGH

3

LP

LP/SQFT

SP

2,610 $1,770,000 $991.04

SP/SQFT

DOM

$1,680,000 $940.65 174

0

1

483

$240,000

$310.61

$220,000

$288.24 2

AVERAGE 1

1

1,133 $602,223

$513.96

$579,361

$495.24 48

MEDIAN 2

2

1,067 $459,450

$503.41

$450,000

$485.87 35

LOW

Sleek and Simple

This graph demonstrates how strong our real estate market currently is.

With the average house selling at 96% of asking price and only on the market for 46 days now is the time to buy or sell your home.

DO NOT HESITATE TO MAKE YOUR MOVE TO ENSURE YOU GET TOP DOLLAR FOR YOUR PROPERTY OR FIND YOUR DREAM HOME!

The New Minimal

Want your Discovery @ CortezHill property to be our next cover home?

Call Carolyn for the most effective marketing to sell your Condo!

All information is deemed reliable but not guaranteed. The homes included are listed and sold by various brokers, based on information from the MLS.

Building Wealth

WWW.BOWHAYPROPERTIES.COM

619.944.5478 Direct/Mobile | 619.501.5557 Office | 619.298.6683 Fax

What’s in your Real Estate Portfolio?

President & Broker-Owner CRS | GRI | e-PRO CalBRE #01264830

BOWHAY PROPERTIES, INC. 1355-A 6th Ave. San Diego, CA 92101 Carolyn@BowhayProperties.com If your home is currently listed, this is not a solicitation for that listing. CA DRE License #01264830

WE KNOW

Marketing

Cover Photography | Calvis Wyant

CAROLYN BOWHAY WHALEN

Searsucker’s Succulent

Mushroom + Burrata on French Toast

Discovery@ Cortez Hill Real Estate Report

Presented By Carolyn Bowhay Whalen

Produced by UpscaleRealEsateMarketing.com • 877.660.0996

WE KNOW

REAL ESTATE

Looking for

Extraordinary Marketing ?

WONDROUS WINERIES

Look no further than

U P S C A L E R E A L E S TAT E M A R K E T I N G

Through The Grapevine

• Printed and mailed to the neighborhood of your choice • Included is digital eBlast to your sphere of influence • PLUS 10 printed pieces for appointments and open houses

Now only $375 for 100 homes.

Call today to reserve your neighborhood!

President

(281) 815-1532 office (877) 660-0996 efax Lori@DesertLifestyle.net UpscaleRealEstateMarketing.com DesertLifestyle.net Produced by Upscale Real Estate Marketing • 281.815.1532 • www.UpscaleRealEstateMarketing.com

Cover Photography | Candelaria Design

Lori AnnaHarrison

Luxury Market Update Millennial Buyers Making Waves

Exquisite Traditional Fare La Fogata’s Green Enchiladas

Vineyard Visits

In Good Taste Liberty Kitchen & Oysterette 713.802.0533 | LibertyKitchenOysterette.com

BACON WRAPPED STUFFED ACADIA REDFISH Ingredients: 3 Acadia redfish tail on filet 1/2 lb jumbo lump blue crab 1/4 c mayonnaise 1 lemon juice + zest 1 tsp each tarragon, parsley, thyme chopped 1/4 c Panko bread crumb 6 pieces Nueske bacon Old Bay to taste Salt and pepper to taste Preparation: Place the bacon in pairs on a work surface. Place one filet skin side down on the pair of bacon and season with Old Bay. Mix crab, mayonnaise, lemon, lemon zest and season crab mix with salt and pepper and herbs then fold gently as to not break up lump pieces.

Place about 1/3 cup of crab mix on the upward facing side of each filet. Wrap the bacon around the each filet and crab mix to create a roulade. Place remaining crab mix on top of the roulades. Pan sear in a medium high heated pan with whole butter and transfer to preheated oven at 400 degrees. Bake until the internal temperature of the fish is 165 degrees. Remove from oven and serve.

If you’ve ever thought of visiting a vineyard but haven’t gone yet, fall is the perfect time of year to enjoy the fruits of the vine. Grape harvest time in the Northern Hemisphere is from August to October. The weather is comfortable and there is lots going on at the vineyards to see and do. You may want to plan your visit based on the wine you prefer to sip.

In the U.S., for example, certain varieties reach peak ripeness at different times of the year. If you’re a fan of Pinot Gris, Sauvignon Blanc, Pinot Noir, or Chardonnay, head to the vineyards in September.

Chenin Blanc, Merlot, and Syrah tend to peak closer to October. And big, rich Cabernet ripens October through November.

Believe it or not, prior to the 20th century, most of America’s wine grapes were grown in the Midwest. It’s no surprise that today, however, California is the nation’s wine leader, producing 90 percent of the wine grapes grown in the U.S. Napa and Sonoma are the pinnacle of wine country on the West Coast. However, things are changing: Wineries are popping up and gaining in popularity around the country, from Washington state and Oregon, to Long Island and upstate New York.

Wine grapes are now grown in all but

four states in the nation, according to Snooth.com. Seems there is a variety of grape that grows well in almost every climate in the United States. There are now some 3,000 wineries in the U.S., making it the 4th largest producer of wine in the world. That means ample opportunity for you to stop in at a winery near you or visit one the next time you’re vacationing.

Many wine aficionados have their favorite variety of vino, whether it’s red, white, blush, or sparkling. But it’s always good to remember that certain wines go best with certain foods. Gone are the hard and fast rules that red wine should be paired with beef and white should be paired with chicken and seafood.

A good rule of thumb: Try rosé with hors d’oeuvres; non-oaky whites (think Sauvignon Blanc) with citrusy meals; and reds with steaks and rich tomato-based dishes. Bottom line?

If it makes your meal taste better, you’ve found a perfect pairing.

And don’t forget to store your wine appropriately. Although only the finest and rarest of wines truly need to be cellared for a length of time, it is still important to store your wine the right way to keep it tasting its best. Try to keep it stored at a consistent

temperature (the perfect temp is 45 to 65 degrees, but don’t fret if it’s not exact).

However, note that extreme changes in heat or cold could affect the taste of the wine. Also, try to keep it out of direct sunlight, which can also alter the flavor. If you aren’t lucky enough to have your own wine cellar, look for a cool, dark place in your home to store your wine or consider a wine cooler as a nice addition to your kitchen. CHEERS!

LOCAL MOVE-UP BUYERS Low interest rates and an improved economy have motivated local buyers

to “move-up” and this has resulted in stiff competition in the entry-level $1 million price point in many markets.

MILLENNIAL BUYERS Clientele for luxury real estate is beginning to skew to the younger generation. “Millennials” – usually defined as those born after 1980 – comprised a growing segment of $1 million-plus home purchasers in 2013. The fact that real estate is a more secure investment and a hedge against inflation motivated millennial buyers. In addition, Millennials are motivated by luxury real estate because it is an investment that can be enjoyed and appreciated.

A survey of affluent individuals in the US showed that 57% of wealthy young buyers are considering the purchase of a

SEPTEMBER | OCTOBER 2014 19th Annual Texas Home & Garden Show NRG Center | September 20 and 21 TexasHomeandGarden.com Explore a wide range of the newest home and garden products. From windows and doors to ceilings and floors. If it belongs in a home you’ll find it at the Home and Garden Show. Including: home décor, storm preparedness, kitchens and bath, outdoor living, home remodeling, and much more.

Kemah Oktoberfest Kemah Lighthouse District | October 4 and 5 GulfCoastFestivals@aol.com | GulfCoastFestivals.com We’re not in Germany for the official Oktoberfest, but we’re bringing Germany to you! Enjoy the best hand crafted beers that are available, including those from Germany, Holland, Austria, and many more! Be sure to come out and send your taste buds on an adventure to Europe that they won’t forget. Bring the whole family out for a great time in the beautiful autumn weather and enjoy great food with terrific beer!

Bulgari: 130 Years Of Masterpieces Houston Museum of Natural Science | Through October 5 713.639.4629 | HMNS.org Presenting 150 show-stopping pieces inspired by Greco-Roman classicism, the Italian Renaissance, and the 19th-century Roman school of goldsmiths, along with sketches and other materials from the Bulgari archives. Bulgari: 130 Years of Masterpieces showcases Bulgari’s innovations in jewelry design and includes several striking pieces from the Elizabeth Taylor collection.

Luxury Real Estate Marketplace The luxury real estate market is typically defined as properties priced at $1 million and above. This market has recently shown substantial growth due to an improved global economy and surging stock market prices. Forbes Magazine notes that the wealth of the world’s billionaires in 2014

totals $6.4 trillion – a number larger than any year previously calculated.

Since the number of wealthy individuals grew to the highest levels ever, the pool of potential luxury home buyers also grew.

According to the National Association of Realtors, three types of buyers have emerged as key contributors to the recent surge in luxury real estate sales:

Event Calendar

residence in the next 12 months compared to only 21% of those aged 45 and older.

OVERSEAS BUYERS The overseas buyer typically wants to invest in stable markets and currency favorable locations, especially at the higher price points, which often means investing in “trophy” homes (unique, extremely high-end properties) outside of their resident countries.

Because of the low inventory in the luxury real estate market, builders have also re-entered the luxury market – especially the luxury condo market.

A new trend in luxury condominium building is “limited edition” properties – properties that have a limited number of units and offer very exclusive amenities. These limited edition

properties have proven very popular and often times sell out before the entire condo community has even been built.

With the continued bullish economy, and as long as the stock market suffers no major setback, the outlook for the luxury real estate market looks favorable for the remainder of 2014 and for several years to come.

REAL ESTATE Corner

Dracula Alley Theatre | October 8- November 2 713.220.5700 | AlleyTheatre.org Featuring iconic costume and set designs by Edward Gorey, The Alley’s production is based on the original 1927 Broadway adaptation of the classic thriller that marvelously balances the menace of the horror tale with sophisticated satire. Alley Theatre Resident Company members Jay Sullivan, Jeffrey Bean and James Black lead the cast. Associated Press deems this production, “triumphant tumult of escapist entertainment.” You won’t want to miss this thriller.

Chick Corea, Solo Piano Wortham Theater Center | October 10 713.524.7601 | DACamera.com When the legendary artist Chick Corea recorded Piano Improvisations on the ECM label in 1971, he was the first jazz pianist of his era to release such a recording. This groundbreaking album opened the floodgates to a new genre of solo piano that continues strong today. The NEA Jazz Master makes his long-awaited Da Camera debut.

Vineyard Visits

In Good Taste Liberty Kitchen & Oysterette 713.802.0533 | LibertyKitchenOysterette.com

BACON WRAPPED STUFFED ACADIA REDFISH Ingredients: 3 Acadia redfish tail on filet 1/2 lb jumbo lump blue crab 1/4 c mayonnaise 1 lemon juice + zest 1 tsp each tarragon, parsley, thyme chopped 1/4 c Panko bread crumb 6 pieces Nueske bacon Old Bay to taste Salt and pepper to taste Preparation: Place the bacon in pairs on a work surface. Place one filet skin side down on the pair of bacon and season with Old Bay. Mix crab, mayonnaise, lemon, lemon zest and season crab mix with salt and pepper and herbs then fold gently as to not break up lump pieces.

Place about 1/3 cup of crab mix on the upward facing side of each filet. Wrap the bacon around the each filet and crab mix to create a roulade. Place remaining crab mix on top of the roulades. Pan sear in a medium high heated pan with whole butter and transfer to preheated oven at 400 degrees. Bake until the internal temperature of the fish is 165 degrees. Remove from oven and serve.

If you’ve ever thought of visiting a vineyard but haven’t gone yet, fall is the perfect time of year to enjoy the fruits of the vine. Grape harvest time in the Northern Hemisphere is from August to October. The weather is comfortable and there is lots going on at the vineyards to see and do. You may want to plan your visit based on the wine you prefer to sip.

In the U.S., for example, certain varieties reach peak ripeness at different times of the year. If you’re a fan of Pinot Gris, Sauvignon Blanc, Pinot Noir, or Chardonnay, head to the vineyards in September.

Chenin Blanc, Merlot, and Syrah tend to peak closer to October. And big, rich Cabernet ripens October through November.

Believe it or not, prior to the 20th century, most of America’s wine grapes were grown in the Midwest. It’s no surprise that today, however, California is the nation’s wine leader, producing 90 percent of the wine grapes grown in the U.S. Napa and Sonoma are the pinnacle of wine country on the West Coast. However, things are changing: Wineries are popping up and gaining in popularity around the country, from Washington state and Oregon, to Long Island and upstate New York.

Wine grapes are now grown in all but

four states in the nation, according to Snooth.com. Seems there is a variety of grape that grows well in almost every climate in the United States. There are now some 3,000 wineries in the U.S., making it the 4th largest producer of wine in the world. That means ample opportunity for you to stop in at a winery near you or visit one the next time you’re vacationing.

Many wine aficionados have their favorite variety of vino, whether it’s red, white, blush, or sparkling. But it’s always good to remember that certain wines go best with certain foods. Gone are the hard and fast rules that red wine should be paired with beef and white should be paired with chicken and seafood.

A good rule of thumb: Try rosé with hors d’oeuvres; non-oaky whites (think Sauvignon Blanc) with citrusy meals; and reds with steaks and rich tomato-based dishes. Bottom line?

If it makes your meal taste better, you’ve found a perfect pairing.

And don’t forget to store your wine appropriately. Although only the finest and rarest of wines truly need to be cellared for a length of time, it is still important to store your wine the right way to keep it tasting its best. Try to keep it stored at a consistent

temperature (the perfect temp is 45 to 65 degrees, but don’t fret if it’s not exact).

However, note that extreme changes in heat or cold could affect the taste of the wine. Also, try to keep it out of direct sunlight, which can also alter the flavor. If you aren’t lucky enough to have your own wine cellar, look for a cool, dark place in your home to store your wine or consider a wine cooler as a nice addition to your kitchen. CHEERS!

LOCAL MOVE-UP BUYERS Low interest rates and an improved economy have motivated local buyers

to “move-up” and this has resulted in stiff competition in the entry-level $1 million price point in many markets.

MILLENNIAL BUYERS Clientele for luxury real estate is beginning to skew to the younger generation. “Millennials” – usually defined as those born after 1980 – comprised a growing segment of $1 million-plus home purchasers in 2013. The fact that real estate is a more secure investment and a hedge against inflation motivated millennial buyers. In addition, Millennials are motivated by luxury real estate because it is an investment that can be enjoyed and appreciated.

A survey of affluent individuals in the US showed that 57% of wealthy young buyers are considering the purchase of a

SEPTEMBER | OCTOBER 2014 19th Annual Texas Home & Garden Show NRG Center | September 20 and 21 TexasHomeandGarden.com Explore a wide range of the newest home and garden products. From windows and doors to ceilings and floors. If it belongs in a home you’ll find it at the Home and Garden Show. Including: home décor, storm preparedness, kitchens and bath, outdoor living, home remodeling, and much more.

Kemah Oktoberfest Kemah Lighthouse District | October 4 and 5 GulfCoastFestivals@aol.com | GulfCoastFestivals.com We’re not in Germany for the official Oktoberfest, but we’re bringing Germany to you! Enjoy the best hand crafted beers that are available, including those from Germany, Holland, Austria, and many more! Be sure to come out and send your taste buds on an adventure to Europe that they won’t forget. Bring the whole family out for a great time in the beautiful autumn weather and enjoy great food with terrific beer!

Bulgari: 130 Years Of Masterpieces Houston Museum of Natural Science | Through October 5 713.639.4629 | HMNS.org Presenting 150 show-stopping pieces inspired by Greco-Roman classicism, the Italian Renaissance, and the 19th-century Roman school of goldsmiths, along with sketches and other materials from the Bulgari archives. Bulgari: 130 Years of Masterpieces showcases Bulgari’s innovations in jewelry design and includes several striking pieces from the Elizabeth Taylor collection.

Luxury Real Estate Marketplace The luxury real estate market is typically defined as properties priced at $1 million and above. This market has recently shown substantial growth due to an improved global economy and surging stock market prices. Forbes Magazine notes that the wealth of the world’s billionaires in 2014

totals $6.4 trillion – a number larger than any year previously calculated.

Since the number of wealthy individuals grew to the highest levels ever, the pool of potential luxury home buyers also grew.

According to the National Association of Realtors, three types of buyers have emerged as key contributors to the recent surge in luxury real estate sales:

Event Calendar

residence in the next 12 months compared to only 21% of those aged 45 and older.

OVERSEAS BUYERS The overseas buyer typically wants to invest in stable markets and currency favorable locations, especially at the higher price points, which often means investing in “trophy” homes (unique, extremely high-end properties) outside of their resident countries.

Because of the low inventory in the luxury real estate market, builders have also re-entered the luxury market – especially the luxury condo market.

A new trend in luxury condominium building is “limited edition” properties – properties that have a limited number of units and offer very exclusive amenities. These limited edition

properties have proven very popular and often times sell out before the entire condo community has even been built.

With the continued bullish economy, and as long as the stock market suffers no major setback, the outlook for the luxury real estate market looks favorable for the remainder of 2014 and for several years to come.

REAL ESTATE Corner

Dracula Alley Theatre | October 8- November 2 713.220.5700 | AlleyTheatre.org Featuring iconic costume and set designs by Edward Gorey, The Alley’s production is based on the original 1927 Broadway adaptation of the classic thriller that marvelously balances the menace of the horror tale with sophisticated satire. Alley Theatre Resident Company members Jay Sullivan, Jeffrey Bean and James Black lead the cast. Associated Press deems this production, “triumphant tumult of escapist entertainment.” You won’t want to miss this thriller.

Chick Corea, Solo Piano Wortham Theater Center | October 10 713.524.7601 | DACamera.com When the legendary artist Chick Corea recorded Piano Improvisations on the ECM label in 1971, he was the first jazz pianist of his era to release such a recording. This groundbreaking album opened the floodgates to a new genre of solo piano that continues strong today. The NEA Jazz Master makes his long-awaited Da Camera debut.

SEPTEMBER | OCTOBER 2014

H O U S T O N

Downtown & Metro San Diego

January | February 2014

PROVIDING A LIFEST YLE, NOT JUST AN ADDRESS. Represented Over 45 Discovery @ Cortez Hill Transactions Since 2002 Listing and selling condos in this building is especially important to me and I am committed to my clients to give the best service possible. As an original owner from 2002 to 2007, I have grown fond of the location, residents and lifestyle Discovery @ Cortez Hill has to offer!

In today’s market you need an agent that demonstrates expertise and confidence throughout the entire transaction. I offer my clients the knowledge, upscale marketing, and negotiating skills to get YOUR CONDO SOLD!

92101 CONDOS PRICE/SQFT IN THE LAST 30 DAYS BED BATH SQFT

2

HIGH

3

LP

LP/SQFT

SP

2,610 $1,770,000 $991.04

SP/SQFT

DOM

$1,680,000 $940.65 174

0

1

483

$240,000

$310.61

$220,000

$288.24 2

AVERAGE 1

1

1,133 $602,223

$513.96

$579,361

$495.24 48

MEDIAN 2

2

1,067 $459,450

$503.41

$450,000

$485.87 35

LOW

Sleek and Simple

This graph demonstrates how strong our real estate market currently is.

With the average house selling at 96% of asking price and only on the market for 46 days now is the time to buy or sell your home.

DO NOT HESITATE TO MAKE YOUR MOVE TO ENSURE YOU GET TOP DOLLAR FOR YOUR PROPERTY OR FIND YOUR DREAM HOME!

The New Minimal

Want your Discovery @ CortezHill property to be our next cover home?

Call Carolyn for the most effective marketing to sell your Condo!

All information is deemed reliable but not guaranteed. The homes included are listed and sold by various brokers, based on information from the MLS.

Building Wealth

WWW.BOWHAYPROPERTIES.COM

619.944.5478 Direct/Mobile | 619.501.5557 Office | 619.298.6683 Fax

What’s in your Real Estate Portfolio?

President & Broker-Owner CRS | GRI | e-PRO CalBRE #01264830

BOWHAY PROPERTIES, INC. 1355-A 6th Ave. San Diego, CA 92101 Carolyn@BowhayProperties.com If your home is currently listed, this is not a solicitation for that listing. CA DRE License #01264830

WE KNOW

Marketing

Cover Photography | Calvis Wyant

CAROLYN BOWHAY WHALEN

Searsucker’s Succulent

Mushroom + Burrata on French Toast

Discovery@ Cortez Hill Real Estate Report

Presented By Carolyn Bowhay Whalen

Produced by UpscaleRealEsateMarketing.com • 877.660.0996

WE KNOW

REAL ESTATE

Looking for

Extraordinary Marketing ?

WONDROUS WINERIES

Look no further than

U P S C A L E R E A L E S TAT E M A R K E T I N G

Through The Grapevine

• Printed and mailed to the neighborhood of your choice • Included is digital eBlast to your sphere of influence • PLUS 10 printed pieces for appointments and open houses

Now only $375 for 100 homes.

Call today to reserve your neighborhood!

President

(281) 815-1532 office (877) 660-0996 efax Lori@DesertLifestyle.net UpscaleRealEstateMarketing.com DesertLifestyle.net Produced by Upscale Real Estate Marketing • 281.815.1532 • www.UpscaleRealEstateMarketing.com

Cover Photography | Candelaria Design

Lori AnnaHarrison

Luxury Market Update Millennial Buyers Making Waves

Exquisite Traditional Fare La Fogata’s Green Enchiladas