Credit data shows no housing crash, single-family permits rise in September, and U.S. inflation climbed slightly to 2.6% in October.

Daniel McCullum   November 20, 2024

Credit data shows: There’s no housing crash coming
Recent credit reports indicate that homeowners are in a strong financial position, with minimal signs of distress.

Mortgage delinquency rates remain historically low, reflecting strong borrower financial health.

Current environment contrasts sharply with pre-2008 period, suggesting low likelihood of a housing crash.

Read more at HousingWire

Single-family permits higher in September 2024
The first nine months of 2024 saw a 10.1% year-over-year increase in single-family permits.

All four U.S. regions experienced growth in single-family permits, indicating robust demand for new housing.

The South led with the highest number of permits, highlighting regional population growth trends.

Read more at NAHB Eye on Housing

Annual inflation rate hit 2.6% in October, meeting expectations
The Consumer Price Index (CPI) rose by 2.6% year-over-year in October, up from 2.4% in September.

Despite signs of inflation moderating elsewhere, shelter prices continue to put upward pressure on CPI.

Average hourly earnings for workers increased faster than inflation: 0.1% for the month,1.4% year over year.

Read more at CNBC

Kait McMurdo
October 15, 2024

Sandy White Beaches, Warm Breezes, and the First Office for Coldwell Banker Tanzania & Zanzibar in Stone Town… Welcome Coldwell Banker Islemark Realty!

This is not your average monthly Around the World, this is a very special edition: we are welcoming our first office for a whole new region, Tanzania & Zanzibar! Located on the beautiful archipelago of Zanzibar, Coldwell Banker Isemark Realty is the first brokerage office of Coldwell Banker Tanzania & Zanzibar, operated by CEO Gina Washington. Gina is extremely proud to be launching the Coldwell Banker brand in the country and she had so much to share about what makes Zanzibar, and Stone Town specifically, such a special place to visit. The semi-autonomous island is culturally rich, thanks in part to its treasure trove of spices that has made it a destination for centuries for explorers and visitors alike, and the cuisine reflects that as well. Not to mention, it’s the birthplace of the spiciest of all iconic frontmen, Queen’s Freddie Mercury.

Recent years have seen it become more and more of a destination for tourists, with gorgeous beaches that make for perfect relaxing vacations. I should know, Gina has teased me more than once by taking our video calls with the beautiful turquoise waters sparkling in the background.  The timing for opening our first East African office could not be better, as Gina opines, “África is the thriving hub of the world’s economy with Zanzibar at its heart, pulsating as the epicenter of unprecedented growth.” Indeed, there is much to look forward to from the island, and the Coldwell Banker network should read on to understand you’re hearing more and more about Zanzibar becoming an ultra-cool vacation destination and seeing it on your savvy traveler friends’ Instagram feeds.

Where do you live? I reside in Zanzibar, a beautiful archipelago off the coast of Tanzania that has a rich history and vibrant culture. I also live in Dar es Salaam, the bustling metropolitan capital of Tanzania, known for its dynamic economic growth and cultural diversity. Both locations offer a unique blend of urban and island lifestyles, making them ideal for both work and relaxation, only 15 minutes away from each other by flight.

What is the perfect weekend day like? In Zanzibar, the ideal weekend involves a day at the stunning ”Shamba” beaches, known for their white sands and clear blue waters, bustling with tourists. There, one can enjoy a variety of activities such as kite surfing, swimming, kayaking, and diving. The beach is lined with diverse restaurants and vibrant nightlife, offering everything from local to international cuisines and lively parties.

What are the common modes of transportation there? In Zanzibar, transportation varies between tourists and locals. Tourists commonly travel in eight-passenger vans called Alphards, which are well-known in the area. Locals, on the other hand, often prefer using scooters or simply walking for very short distances. For public transport between villages, the most distinctive method involves using small, uniquely adapted trucks known locally as Chai Maharage. These trucks have an open space at the back, partly covered with wood, featuring benches along the sides for seating. This type of transportation is prevalent on village roads, with people frequently seen sitting or even standing during their journeys.

Tell us about the foods your area is known for. The local cuisine is richly influenced by its seaside location and cultural history, predominantly featuring seafood. The island is famous for the Zanzibar Mix, also known as Urojo. Due to Arab and Indian influences Zanzibar is well-known for its flavorful biryani and pilau. A unique local specialty is the Zanzibar pizza, an inventive take on traditional pizza, crafted with minced meat, eggs, onions, and a blend of local spices, making it a must-try for visitors.

What is your favourite meal, at home or at a restaurant? My favorite meal here in Zanzibar definitely has to be seafood when I’m dining out; I simply can’t resist it. However, at home, I often find myself preparing traditional dishes like pilau or biryani, which are my go-to comfort foods. When it comes to restaurant choices, I invariably opt for curry. The curry here is incomparable—richly spiced and usually made with fresh coconut cream, making it a culinary highlight of the region. Whether it’s seafood, chicken, or vegetable curry, it’s a dish I would happily enjoy any day. There’s truly nothing like a Zanzibar curry!

Where do you recommend someone vacation in your region and why? If you’re heading to Zanzibar, oh, you’re in for a treat! Starting off at Stone Town right after you land is a must. It’s not just any old town; it’s a UNESCO World Heritage site buzzing with stories. And it’s got this incredible mix of Arab-inspired architecture with a history that goes way back. Fun fact: the first house in East Africa to get electricity was right here in Stone Town!

Now, if you’re all about the beaches, deciding between the north and the east of the island can be tricky. The north is your go-to for a splashy, fun-filled holiday—think skydiving, horse riding along the shore, and partying on a catamaran. It’s all about living it up and soaking in those beach vibes. And then there’s Paje on the east coast, absolute paradise for kite surfers! It’s ranked among the top ten spots in the world for kite surfing. Not just that, the nightlife is buzzing, and the beaches are perfect for long walks. Whether you’re catching the sunrise or sunset, it’s all stunning. Honestly, every corner of Zanzibar has something unique to offer. So, it really depends on what you’re looking to do. But one thing’s for sure, you’re going to love discovering all its wonders!

What is your favourite recreational or leisure time activity? My absolute favorite way to unwind here in Zanzibar is just strolling along the beach. It’s breathtakingly beautiful, and there’s nothing quite like walking on the soft white sand with the ocean beside you. I love watching the sunrise in the mornings and catching the sunset in the evenings—it’s just magical and never gets old!

While there are tons of activities like kite surfing on the East Coast, checking out cool spots to eat, or exploring the lush Jozani Forest, one of my top joys is also visiting the smaller islands of the archipelago. We have these gorgeous sandbanks perfect for a picnic day out. And of course, the vibrant music and film festivals here add so much life to our cultural scene. But honestly, those long, peaceful walks along the beach, especially during a sunset cruise, just give me goosebumps and make me super happy every single time. It’s the simplest pleasures here that really are the best!

Is there a specialty your area is known for? Zanzibar is famously known as the “Island of Spices” due to its rich array of spices like cardamom, cinnamon, saffron, and clove, which are a big part of our heritage and draw visitors from all over. Beyond spices, we’re also celebrated for our stunning white sandy beaches and the clear turquoise blue waters that make this place a little slice of paradise. And, of course, the warmth and hospitality of the people here truly make Zanzibar stand out—it’s something we’re incredibly proud of!

Share a little known but interesting fact about the area/region: A fascinating tidbit about Zanzibar is that it’s the birthplace of Freddie Mercury, the legendary frontman of the band Queen. What many might not know is that despite its distinct identity, Zanzibar isn’t a country but an island part of Tanzania. This common misconception adds a unique twist to Zanzibar’s rich historical tapestry.

If you were to live in any other region where we have a Coldwell Banker presence, where would it be and why? Zanzibar and Tanzania mainland are more than just places I live; they are parts of me. I love everything here, the genuine kindness of the people, our rich culture, and the stunning natural beauty from our serene beaches to lush national parks. This is my home, where my heart truly belongs, and I can’t imagine living anywhere else.

But if I were to ever live somewhere else, Italy would be my top choice. There’s something about Italy that just clicks with me. Maybe it’s the friendly locals or the way life seems to dance through the streets, from the stylish outfits to the irresistible smells wafting from kitchens. I’ve visited once and fell in love with their vibrant lifestyle, especially their food culture. Oh, and the bread! There’s nothing like Italian bread. Living in Italy, surrounded by such beauty and passion, would be a dream like finding a second home where I already belong.

Territory Summary:

Zanzibar is a semi-autonomous archipelago off the coast of Tanzania in East Africa. It is composed of the main islands of Unguja (commonly referred to as Zanzibar Island) and Pemba, along with several smaller isles. Zanzibar City, located on Unguja, is the archipelago’s capital and largest city, with its historic center known as Stone Town, a UNESCO World Heritage site.

Zanzibar is situated in the Indian Ocean, about 25-50 kilometers off the mainland coast of Tanzania. The island’s topography features beautiful sandy beaches that border its edges and a lush, fertile interior that supports a variety of flora and fauna. The climate is typically warm and tropical, moderated by sea breezes.

Historically, Zanzibar was a base for traders from the African Great Lakes, the Arabian Peninsula, Persia, and India. It became a powerful city-state known for the spice trade in the 19th century and also played a significant role in the slave trade. In the mid-20th century, Zanzibar gained independence from British rule in 1963, only to merge with Tanganyika to form Tanzania in 1964, following a revolution that overthrew the Arab dynasty.

The economy of Zanzibar is predominantly based on agriculture, with cloves, nutmeg, cinnamon, and black pepper being the major crops, earning it the nickname “the Spice Island.” Tourism also plays a crucial role, driven by its rich cultural heritage and stunning natural landscapes. In recent years, efforts to expand sectors like manufacturing and services are evident, aiming to diversify its economic base further.

Zanzibar is culturally rich, influenced by a blend of Arab, Persian, Indian, and African heritages. Stone Town, with its narrow alleyways and historic architecture, exemplifies this cultural fusion. The annual Zanzibar International Film Festival and Sauti za Busara Music Festival are significant cultural events that attract international visitors.

Key Facts:

Population: 1.89 Million

Language(s) Spoken: Swahili

Climate: Warm and tropical

Currency: Tanzanian Shilling

Industry Facts:

Types of Architecture: Omani Arab architecture, Colonial (British, German), Indian and swahili.

Average Sales Price: $100,000

Kait McMurdo       September 16, 2024

It has come to my attention that quite often, I tend to highlight tropical getaways or beachy islands, places where this winter-weary New Yorker fantasizes about spending time in the gloomy, dark months soon to come. I would be remiss, however, to neglect one of the best winter alternatives to being a snowbird, and that is to engage with winter head-on and head to a place where you can enjoy the weather for all its picturesque beauty and activities it can offer, and where else could one do better than the Italian Alps? Specifically, we are venturing this month to Canazei, a small Alpine village in the Dolomites. As the Broker-Owner Riccardo Nemela of Coldwell Banker Dolomites explains, “The Val di Fassa, located in the heart of the Dolomites, offers a unique blend of natural beauty and rich history. The region is part of a UNESCO World Heritage site, renowned for its dramatic mountain scenery, including the Sella Massif and Marmolada Glacier.” Nemela continues, “This alpine area is not only a hub for outdoor activities like skiing, hiking, and climbing but also a center of Ladin culture, with traditions that have been preserved for centuries. The local economy thrives on tourism and agriculture, yet it maintains a peaceful, rural charm that draws visitors year-round.”

Beyond visiting or vacationing in Canazei, Riccardo Nemela also thinks it’s worth considering as an investment. Nemela offers, “buying a property in Canazei is more than just investing in real estate—it’s securing a piece of an extraordinary lifestyle. The town’s proximity to world-class ski resorts, the Sellaronda ski circuit, and breathtaking alpine landscapes make it an ideal location for nature lovers and outdoor enthusiasts.” Mr. Nemela emphasizes, “Canazei’s preserved Ladin culture, and its serene, year-round beauty provide a peaceful retreat. Whether as a vacation home or permanent residence, owning property here offers unparalleled access to the natural wonders of the Dolomites, combined with a unique cultural heritage.”

Those so inclined can spend their days downhill skiing, while others can enjoy the breathtaking views from indoors while enjoying the incredible cuisine, with a mix of Italian and Austrian influences. There is also the unique Ladin influences, as the Ladin culture is specific to the Dolomites and extends its history to the tribes of the Roman empire. Impressively, it is still an official language of South Tyrol with 4% of the population speaking the language. Such a special place, nestled in breathtaking scenery, and home to Coldwell Banker Dolomites. Continue reading to learn more about Canazei and why you might want to add it to your travel list.

Where do you live? I live in Canazei, a delightful alpine haven nestled within the Val di Fassa in northern Italy, embraced by the majestic Dolomites, a UNESCO World Heritage treasure. Renowned for its breathtaking natural splendor, Canazei beckons outdoor adventurers, particularly those enchanted by skiing, snowboarding, hiking, and the art of mountaineering.

What is the perfect weekend day like? A perfect weekend day in Canazei blends adventure, relaxation, and immersion in the beauty of the Dolomites. It starts with a morning hike or ski in the Dolomites, followed by a leisurely lunch at a mountain huts, enjoying traditional Italian cuisine. The afternoon might include exploring the town’s picturesque streets or relaxing at a spa, and the day concludes with a sunset view over the mountains and a cozy dinner at a local restaurant.

What are the common modes of transportation there? In Canazei, people typically move around by car or public transportation such as buses. There are also cable cars and ski lifts that provide easy access to the surrounding mountains, making it convenient for outdoor activities like skiing and hiking. 

Tell us about the foods your area is known for. Canazei is known for its distinctive mountain cuisine, which reflects the blend of Italian, Austrian, and Ladin influences. The food here is hearty, using local ingredients like potatoes, cheese, cured meats, and wild game, all tailored to the rugged alpine environment. Some of the signature dishes and foods you’ll find in Canazei are “polenta”, a staple of the region, made from cornmeal and served as a side dish or main course; “canederli” are large bread dumplings, often mixed with speck (smoked ham), cheese, or spinach. They are typically served in a hearty broth or with butter and sage. These dumplings are a comforting dish, perfect for the cold mountain climate; “speck” a smoked, cured ham that is a specialty of the Trentino-Alto Adige region. It has a distinct smoky flavor and is often sliced thin and served with bread as an appetizer or used in other dishes like canederli. The cuisine of Canazei beautifully captures the alpine spirit, blending heartiness with rich flavors, making it an essential part of any visit to this mountain town. Whether you’re refueling after a day of skiing or simply enjoying a leisurely meal, the food here offers an authentic taste of the Dolomites.

What is your favourite meal, at home or at a restaurant? My favorite meal is a traditional dinner of polenta with venison stew, enjoyed at one of the local mountain huts. The rich flavors of the game meat, paired with the simplicity of polenta, are a true taste of the Dolomites.

Where do you recommend someone vacation in your region and why? I highly recommend a visit to the Sella Ronda, a circular route around the majestic Sella Massif, one of the most stunning mountain formations in the Dolomites, a UNESCO World Heritage site. One of the major draws of the Sella Ronda is its well-organized infrastructure. The ski lifts and trails are well-maintained, making it easy to complete the full circuit in a day, even if you’re not a professional skier or hiker. The views of jagged peaks, dramatic cliffs, alpine meadows, and snow-capped mountains are simply unparalleled. Whether skiing or hiking, you’re constantly surrounded by breathtaking scenery. It offers breathtaking views, challenging slopes for skiing enthusiasts, and in summer, it transforms into a paradise for cyclists and hikers. The natural beauty of the region is simply unparalleled.

What is your favourite recreational or leisure time activity? In the embrace of winter’s chill, skiing captivates my spirit, while the sun-kissed days of summer beckon me to hike. The majestic Dolomites stand as a breathtaking canvas for both pursuits, unveiling a treasure trove of nature’s splendor waiting to be discovered.

Is there a specialty your area is known for? The region is known for its artisanal woodcrafts and traditional Ladin textiles. These crafts reflect the deep cultural roots of the area and are cherished both locally and by visitors.

Share a little known but interesting fact about the area/region: A lesser-known fact about Canazei is that it’s home to the Ladin people, an ethnic group with its own distinct language and traditions, which have been preserved for centuries in this remote mountain region.

Despite being located in Italy, Canazei and the surrounding Val di Fassa region preserve this ancient linguistic and cultural heritage, which dates back to Roman times. The Ladin people have their own distinct traditions, festivals, and cuisine, which can be seen in the town’s architecture, local customs, and culinary specialties. The preservation of Ladin culture is particularly remarkable because Ladin is considered a minority language, yet it has survived through centuries of political and cultural changes.

Visitors can explore this cultural legacy by attending Ladin festivals, visiting museums dedicated to Ladin heritage, and hearing the language spoken in daily life. This deep cultural identity sets Canazei apart from other alpine towns, offering a unique glimpse into the rich history of the region

If you were to live in any other region where we have a Coldwell Banker presence, where would it be and why? If I were to live elsewhere, it would be in Lake Como. The combination of stunning lake views, rich history, and proximity to both Milan and the Alps offers an incredible lifestyle balance

Territory Summary:

The Dolomites, a UNESCO World Heritage site, are renowned for their breathtaking jagged peaks, unique geological formations, and stunning alpine landscapes. Canazei is one of the jewels of this region, located in the Val di Fassa, surrounded by majestic mountain ranges such as the Sella Group and the Marmolada, the highest peak of the Dolomites. This area is not only a paradise for outdoor enthusiasts but also a cultural hub, deeply rooted in the traditions of the Ladin people, who have preserved their distinct language and customs for centuries. With its blend of natural beauty and cultural heritage, Canazei offers an unparalleled experience for both residents and visitors.

Key Facts:

• Population: Approximately 2,000 residents
• Language(s) Spoken: Italian, Latin, German
• Climate: Alpine, with cold winters and mild summers
• Currency: Euro

Industry Facts:

• Types of Architecture: Traditional alpine style with wooden chalets and stone houses
• Price per square foot: average price of approximately €7,500 per square meter
• Average Sales Price: The average sale price for a typical two-bedroom apartment in Canazei ranges from €500,000 to €700,000. Larger chalets and luxury properties, especially those with exclusive features like panoramic views or direct access to the slopes, can sell for well over €1 million.
• Interesting fact: In Canazei, the most common type of property ownership is fee simple, meaning the buyer owns both the property and the land without any limitations on its use, aside from local zoning laws. This is particularly appealing for those purchasing vacation homes, as it provides full ownership rights.

Follow Coldwell Banker Dolomites Real Estate on social media!

Facebook: www.facebook.com/agenziaimmobiliaredolomites

Instagram: @dolomitesrealestate

Victoria Keichinger   October 6, 2016                                         Houzz Contributor, Laura Gaskill

The leaves are falling, the farmer’s markets are bustling and the cozy comforts of home beckon — it must be October. Make the most of this month’s bountiful harvest, get some exercise raking leaves in the brisk air and button down your house in preparation for winter. Then sit back, relax and warm your hands around a mug of hot apple cider. Fall is here.

1. Rake leaves. To make quicker work of collecting leaves from a large lawn, rake the fallen foliage onto a large plastic tarp. Then bag it or add it to your compost pile.

2. Trim dead tree limbs. Dead limbs are more likely to fall during winter storms, making them a potential safety hazard. Have an arborist inspect and trim large trees.

3. If you haven’t already, clean gutters and downspouts. Wait until most of the leaves have fallen to schedule a rain gutter cleaning. Inspect gutters and downspouts for cracks and loose parts and make repairs as needed.

It’s Time to Clean Your Gutters — Here’s How

4. Neaten up the mudroom. The back-to-school (and work) flurry can leave the mudroom looking as if a hurricane hit it. Take some time to regain sanity — sort through papers and put away stray summer items and extra coats. Clean the floors and invest in a new doormat if needed. Keep a recycling basket near the entrance to make sorting mail and school papers easier, and dedicate a tote or bin for items that need to be returned (like library books).

Mudrooms That Really Clean Up

5. Keep seasonal decorating low-key with natural finds. Pumpkins and gourds, fresh heirloom apples, quinces, pomegranates, figs and fall foliage all make wonderfully simple decor.

Bring in cut branches from your yard, stop by a pick-your-own farm or scoop up fall’s bounty at a farm stand.

Browse the Houzz fall decorating page

6. Maintain your wood stove or fireplace. If you have a fireplace or wood stove, it’s essential for safety that you have it serviced before lighting the first fire of the season. If you haven’t done so already, schedule an appointment to have your chimney inspected and, if necessary, cleaned.

7. Check safety devices. Test all smoke and carbon monoxide detectors in the house and replace batteries as needed. Check the expiration date on the kitchen fire extinguisher and replace it if needed.

8. Start a gift list. It may seem like the holidays are a long way off — but that’s why it pays to start getting organized now. Start a list of everyone you plan to give gifts to this year. Then, as ideas strike, jot them down on your list. You can also use your list to keep track of a holiday gifting budget. And if you want to make any gifts by hand, October is a great time to get started — handmade gifts always seem to take longer to make than expected.

9. Cover or store outdoor furniture and grills. If you plan to leave your patio furniture or grill outside through the fall and winter, cover them well and stow them beneath an overhang that will protect them from rain and snow. Even if you live in a mild climate, covering your grill between uses is a good idea to protect the finish.

10. Shut off exterior faucets and store hoses for winter. Disconnect, drain and roll hoses before storing them for the winter. Shut off the water supply to exterior faucets to prevent frozen pipes.

Tell us: What’s on your to-do list this October?

More: Start the Season Right With Some Fall Cleaning To-Dos

Related Links:

Start the Season Right With Some Fall Cleaning To-Dos
Have Mittens, Scarves and Hats Ready in a Storage Bench for the Mudroom
Check Your Breakers Before Cold Weather Hits

KAIT MCMURDO            JUL 2, 2024

In our quest to uncover hidden gems, we stumbled upon Samara—a small, charming beach town nestled on the Pacific Ocean in Costa Rica’s southern Nicoya Peninsula. What makes this place truly enchanting? We sat down with Shannon Mika, Owner at Coldwell Banker Samara, to unravel her captivating journey. “We spent several years traveling in Costa Rica,” Shannon shares. “When we stumbled on Samara, we knew it was the place for us! We started looking for homes for sale, bought a place as a vacation home, and eventually bought a business and moved our family there. It was a dream come true!”

Samara has evolved substantially since Coldwell Banker Samara’s opening. We also spoke with Nick Ruhlow, Shannon’s Coldwell Banker Samara co-owner. Nick’s roots run deep—he grew up in Playa Samara and Playa Carrillo. “I’ve seen its incredible transformation over the years,” Nick reflects. “From a quiet, small, remote beach town to a vibrant multicultural community, it’s been amazing to see how Samara has evolved while maintaining its natural beauty and charm. I’m lucky to call this place home, and being part of its growth and evolution has been a truly rewarding experience.” While many parts of Costa Rica have experienced a surge in visitors since the Pandemic, Samara is rich in ecotourism and wellness experiences, with wildlife refuges and reserves nearby. Its a perfect place to explore the incredible biodiversity of Costa Rica. Read on to learn more and start planning your own visit to Samara.

Where do you live? We live in a small, charming beach town in Costa Rica. Samara is located on the Pacific Ocean in the southern part of the Nicoya Peninsula, in the northern part of the country.

What is the perfect weekend day like? Living at the beach, the perfect weekend day depends on the weather. Living just 9 degrees north of the equator, it’s generally hot, so getting out early to spend time in nature or enjoying water activities like surfing, snorkeling, or fishing is the perfect start. Then it’s on to the farmer’s market, followed by relaxing with friends and family for the afternoon or taking a little nap. It often ends with a sunset drink on the beach, followed by a delicious meal at a local restaurant – it doesn’t get much better than that!

What are the common modes of transportation there? Samara is less than two hours from the Guanacaste International Airport, and it’s paved the whole way! Once you arrive, the main roads are paved, but navigating the compact downtown area on foot or bicycle is easier. It’s not uncommon to see people on ATVs or golf carts in and around town.

Tell us about the foods your area is known for. Costa Rican staples include gallo pinto, a delicious combination of black beans, white rice, and seasoning, and casado, a traditional meal with rice, beans, plantains, salad, protein, and tropical fruits. In Samara, local favorites include fresh seafood, including ceviche – fresh fish “cooked” in citrus, grilled whole red snapper, or a seafood platter. 

What is your favourite meal, at home or at a restaurant? Hands down, fresh-caught tuna is my absolute favorite, best enjoyed at a local seafood restaurant.

Where do you recommend someone vacation in your region and why? Costa Rica is known for its stunning beaches, lush rainforests, its network of national parks, and amazing wildlife. In my eyes, the ideal vacation is renting a car and hitting a few of the country’s crown jewels – ziplining in Monteverde, visiting the hot springs outside of the Arenal Volcano before making your way to the Guanacaste Province, where you can visit national parks including Rincon de la Vieja – sometimes called “Little Yellowstone,” with geothermal characteristics and the caves at Parque Barra Honda. Once in Samara, its beautiful beaches and laid-back atmosphere make for a great vacation. It’s the perfect spot for relaxation. With Costa Rica being home to an estimated 5-6% of the world’s biodiversity, it only makes sense to explore the nearby wildlife refuges like the Camaronal Refugio where four of the seven sea turtles come to nest, the Macaw Recovery Network, or the Werner Sauter Biological Reserve, one of the few private reserves in Costa Rica, which protects local flora and fauna and offers guided tours.

What is your favourite recreational or leisure time activity? Anything on the water – while Samara’s surf is better geared for beginners, there is expert surf just 20 minutes away in both directions at Playa Barrigona and Playa Camaronal. There’s great swimming, kayaking, paddle boarding and snorkeling. Beach hopping is always a fun way to spend an afternoon.

Is there a specialty your area is known for? Costa Rica is known for its environmental commitment – it was the first country to run an entire day “off-grid!” The country produces and exports lots of coffee and bananas and the economy is supported by “Silicon Valley” of Central America, and of course, tourism. In Samara specifically, we’re known for eco-friendly tourism and wellness retreats. Yoga classes and wellness centers offering various therapies and treatments are growing in popularity.

Share a little known but interesting fact about the area/region: Costa Rica is home to one of the world’s blue zones – five communities scattered across the world where the residents live to 100+ at a much higher incidence than the rest of the world. In Costa Rica, this community is Nicoya, and our charming little beach town is smack dab in the middle of it! The characteristics that all blue zones share, like minimizing stress, moving regularly throughout the day, having a clear sense of purpose, and eating a mostly plant-based diet are all hallmarks of the typical Costa Rican lifestyle.

If you were to live in any other region where we have a Coldwell Banker presence, where would it be and why? If I were to choose another area within Costa Rica to live in, it would be Puerto Viejo on the Caribbean side of the country. This area has a unique blend of Caribbean culture, lush rainforest, and pristine beaches with access to excellent outdoor activities like surfing, snorkeling, and hiking.

If considering an international location, I would choose Ericeira in Portugal. Ericeira is a picturesque coastal town known for its world-class surfing spots and charming historic center. The town has a relaxed and welcoming atmosphere, making it a great place for those who appreciate a laid-back lifestyle, very much like Costa Rica

Territory Summary:

Costa Rica is a country rich in diversity on many levels. The people of Costa Rica can trace their ancestry to the Indigenous people of Central America and the Spanish settlers and Jamaican immigrants who descended many years later. Having gained independence in 1821, Costa Rica’s economic roots are in agriculture, primarily coffee. As the country has grown, strong tourism and technology sectors have developed. This diversification has contributed to a solid economy throughout the years, which has attracted investors from around the world.

In 1948, Costa Rica dismantled the military and invested in education, health, and social infrastructure. Today, Costa Rica is recognized as one of the best in the Americas in terms of literacy rates, educational coverage, and public spending on education. This focus on social infrastructure has led to ongoing peace and a mature democratic system.

Costa Rica has been at the forefront of conservation and has made significant efforts to protect its rainforest and wildlife. The country boasts one of the highest percentages of protected land globally and is home to an estimated 5-6% of the world’s biodiversity. Remarkably, in 2019, Costa Rica generated 99% of its electricity from renewable sources due to significant investments in geothermal and wind energy.

With two gorgeous coasts (the Pacific and Caribbean) and the Cordillera Volcánica and Cordillera de Talamanca mountains splitting the country, Costa Rica has incredibly diverse geography and communities. What started as a small fishing village and vacation town for Costa Ricans, Samara has grown into a popular tourist destination while maintaining its charm and community spirit. Tourism primarily drives the economy, with many businesses catering to visitors. Like Costa Rica as a whole, Samara has become a popular destination for tourists and investors alike.

Key Facts:

• Population: Costa Rica: 5MM, Samara: 3,000
• Language(s) Spoken: Spanish, English in tourist areas
• Climate: Tropical climate, dry season: December – April, wet season: May – November
• Currency: Costa Rican Colones

Industry Facts:

Types of Architecture: Until the past few years, the architecture in Samara has been very much inspired by the local culture – lots of outdoor space, high ceilings, and the incorporation of local hardwoods. We’ve seen a shift to more modern architecture and eco-friendly designs in recent years.

Price per square foot: Prices depend on location and property type but generally range from $100 – $300 per square foot

Average Sales Price: The average sale price of a single-family home in 2023 in Samara was $420,000 which is lower than many of the competing markets in Costa Rica and significantly lower than comparable beach locations worldwide.

Interesting fact: Foreigners have the same property ownership rights as Costa Ricans, with one exception—beachfront property, which must be owned, in part, by a Costa Rican citizen. The majority of property in Samara is owned under “fee simple,” giving the owner complete ownership rights.

The Azores: A Blossoming Paradise

KAIT MCMURDO      JUN 7, 2024

There is an archipelago in the middle of the Atlantic Ocean knows as The Azores, and it’s a paradise that belongs to Portugal. Imagine waking up to emerald-green lakes, exploring geothermal hot springs, and savoring fresh seafood—all while contributing to a thriving community. The region is “experiencing full growth. In recent years, we’ve witnessed an increase in investment from increasingly demanding and informed customers,” shares José Wallis de Carvalho, broker, and head of Coldwell Banker Houselife. He continues, “due to the unique nature of our region, it shows great potential to continue growing.”  What sets the Azores apart? It’s the unique blend of unspoiled landscapes, volcanic wonders, and a vibrant local culture that fuels this growth. As the first archipelago in the world to be certified as a sustainable tourist destination, the Azores beckon travelers not only to visit but also to put down roots.

“The Azores are in fashion: to visit, to live, but also to invest,” Frederico Abecassis, CEO of Coldwell Banker Portugal, shares. He continues, “They are, moreover, the first archipelago in the world certified as a sustainable tourist destination, and continue to attract attention, due to their natural beauty, but also due to their strategic location. The real estate market is booming and has the potential to grow even further.” The real estate market is buzzing, and opportunities abound. Imagine owning a charming cottage overlooking the ocean or a modern villa nestled amidst lush greenery. But it’s not just about property—it’s about embracing a lifestyle. Whether you’re drawn to the vibrant arts scene, the rich culinary heritage, or the thrill of outdoor adventures, the Azores promise an authentic and fulfilling way of life. Read on to learn more about life in the Azores from our friends at Coldwell Banker Houselife.

Where do you live? I live in Azores Archipelago, one of the 2 archipelagos located in the Atlantic Ocean that belongs to Portugal.  To be more precise, I am living in S. Miguel Island in the capital of the Azores, Ponta Delgada City.

What is the perfect weekend day like? In the Azores there is a variety of options that we can enjoy, such as water sports, including surfing, sailing, windsurfing, nature walks, walks by the sea, natural spas that promote relaxation and well-being, the different beaches we can choose and wonderful cuisine. But for me, a perfect day in summer is meeting friends and family and doing something together, like going to the beach, or even having a picnic by Lagoa das Sete Cidades and taking a walk in nature. In winter, I like to take a bath in the natural hot springs and have lunch outside or dinner with friends.

What are the common modes of transportation there? In S. Miguel Island, people mostly travel by car and motorbike, but there are also those who prefer to walk. It is similar to the other islands of the Azores. In terms of traveling between the islands, we mainly do it by plane. There was a time when we moved between islands by boat as well. There was a boat in the summer that made the inter-island route, but at this time, this only happens in the islands of the central group of the archipelago. 

Tell us about the foods your area is known for. Azorean cuisine is very popular for its fresh fish and seafood, particularly grilled limpets, Azorean-style octopus, and meat, including “alcatra,” a pot roast-style beef rump slow-cooked in a clay pot and paired with red wine, very traditional in Terceira Island, and regional beef steak.

We also have the famous Furnas stew, a delicacy that can be found on the island of São Miguel. This is a meat and vegetable stew that has the particularity of being cooked in holes in the ground in the Furnas fumarole area, and five to six hours later, it is perfectly cooked due to the heat of the volcano. Other popular products in the Azores are blood sausage with Azorean pineapple, “bolos Lêvedos,” slightly sweet Portuguese-style English muffins, malassadas (Portuguese doughnuts), and cheeses, especially the São Jorge Island cheese.

What is your favourite meal, at home or at a restaurant? I appreciate Azorean cuisine in general, however, if I were to dine at a restaurant and order regional food it would be a fish stew, octopus stew in the Azorean style, or regional steak. At home on a daily basis, I would opt for lighter dishes such as soups, including chicken soup with rice. For a fish dish, “bacalhau com natas” is a cod fish with potatoes and cream that I enjoy, or a simple steak.

Where do you recommend someone vacation in your region and why? I recommend Vale das Furnas on the island of São Miguel, because it is a place where you can do a little bit of everything, be in nature, go hiking, picnics next to Lagoa das Furnas, visit the calderas, walk in Lagoa das Furnas, take a bath in the natural thermal waters of Parque Terra Nostra and visit the botanical garden or go to Poça da Dona Beija, where there are more natural thermal pools. There are also several restaurant options and Ribeira Quente beach.

What is your favourite recreational or leisure time activity? What I like most about São Miguel is being in contact with nature, going to the beach and natural spas. Anything that promotes well-being and relaxation is my first option. But the Azores have a range of activities that we can do, such as: nautical activities – namely surfing, sailing, windsurfing, diving, whale and dolphin watching. Hiking through mountains, lakes, waterfalls, forests, and lagoons. Spas, natural hot springs where the water is rich in iron and has therapeutic properties. The Azores also have golf, a casino in S. Miguel Island, ancestral culture, events, museums, music festivals, exhibitions, and of course regional gastronomy.

Is there a specialty your area is known for? World famous cheese, wine, and pristine nature with mild climate. Young entrepreneurs have been very successful in starting up new business in the areas of cosmetics and food supplements based on algae farming, small new production of excellent quality mineral water, ghee/purified butter and a banana drink produced from banana leftovers/residue.

Angra do Heroismo marina in Azores

Share a little known but interesting fact about the area/region: Some interesting facts about the Azores:

• The Azores are an archipelago made up of 9 islands and each one has a different accent, the island of São Miguel and Terceira are the islands where the accent stands out most from the rest.
• The name of the archipelago comes from a Goshawk bird.
• The mountain on Pico Island is the highest in Portugal.
• AÇORES CERTIFIED BY NATURE® – A brand belonging to the region and its heritage, as a stamp.

If you were to live in any other region where we have a Coldwell Banker presence, where would it be and why? Both Bermuda and continental Portugal, due to the historical, cultural and market synergies between both regions and the Azores.

Territory Summary:

The Azores are an archipelago in Portugal, made up of nine islands, located in the Atlantic Ocean. Politically and administratively, they constitute the Autonomous Region of the Azores, one of the two Portuguese autonomous regions, with three capitals located in the cities of Ponta Delgada (main and administrative), Horta (legislative) and Angra do Heroísmo (ecclesiastical). With almost six centuries of continuous human presence, the Azores gained an important place in the History of Portugal and in the history of the Atlantic: they were a stopover for the Discoveries expeditions and for ships of the so-called Carreira da India, of the silver fleets, and from Brazil; contributed to the conquest and maintenance of Portuguese squares in North Africa; during the succession crisis of 1580 and the Liberal Wars (1828–1834) they became bulwarks of resistance; during the two World Wars, in vital strategic support for the Allied forces, remaining, to this day, a center of communications and support for military and commercial aviation. The Azores are an archipelago that, although located precisely on the Middle Ridge Atlantic, due to its proximity to the European continent and its political integration in the Portuguese Republic and the European Union, is generally included in Europe. The archipelago is in the northeast of the Atlantic Ocean between 36º and 43º North latitude and 25º and 31º West longitude. The nearest territories are the Iberian Peninsula, approximately 1,400 km to the east, Madeira, 930 km to the southeast, Saint Pierre and Miquelon to the northwest, 2,200 km, Nova Scotia, 2,400 km to the northwest and Bermuda 3 100 km southwest. It is part of the Macaronesia biogeographic region. The Azores were formed by volcanic activity during the late Tertiary. The first island to appear above the mean sea water line was Santa Maria, around 8.1 million years ago (Ma), during the Miocene. They were followed, in chronological order, by São Miguel (4.1 Ma), Terceira (3.52 Ma), Graciosa (2.5 Ma), Flores (2.16 Ma), Faial (0.7 Ma), Corvo (0.7 Ma), São Jorge (0.55 Ma) and, the youngest, Pico.

Key Facts:

• Population: 235,000+
• Language(s) Spoken: Portuguese, English
• Climate: The meteorological conditions in the Azores are influenced by the position, orientation, development and intensity of the Azores Anticyclone, which controls the atmospheric circulation in this region of the globe. The climate of the archipelago is characterized by high levels of air humidity, thermal amenity, low rates of insulation, regular and abundant rainfalls and by strong winds. The four seasons of the year, which are typical of temperate climates, are distinctive, so the winters are rainy and the summers are mild and sunnier than the rest of the year. The average temperatures are approximately 13ºC in winter and 24ºC in summer. Snow only occurs in the higher areas, frequently on Pico Mountain. In some places of the diverse islands there are microclimates, generally tropical to subtropical.
• Currency: Euro

Industry Facts:

Types of Architecture: The Manueline style dominated the archipelago until the 16th century. Specific to Portugal, it developed in the 15th century under the reign of King Manuel I (1469-1521), as the country became the world’s greatest maritime power thanks to its great explorers. The basalt and wood buildings, with their sober design, have an abstract, geometric character. This beautiful architectural gesture gives the minimalist buildings a sculptural appearance. A subtle blend is created between vernacular architecture (the walls are made of basalt) and contemporary forms.

Price per square meter: The values recorded in April 2024 for the price per square meter were as follows:

• Autonomous Region of the Azores – 1,485 €/m2
• São Miguel, the price is €1,672/m2
• Ponta Delgada the average price per meter is €1,820/m2.

Average Sales Price: The average sale price of properties in the autonomous region of the Azores (9 islands)  was approximately 178,000 Euros

Average years in house/apt: 10 – 15 years in urban area, 25+ years in rural areas/countryside

KIMBERLY QUEVEDO  5/30/24

Summer is the perfect time to gather with friends and family in the open air, and hosting an outdoor dinner party is a great way to catch up while enjoying the season. Planning a summer soirée might seem daunting. With a few simple touches and thoughtful food items and activities, your alfresco dinner party can come together with ease – and be a hit with your guests.

Setting Party Vibes

Subtle, strategically placed seating, lanterns, tiki torches or string lights can create a low-key festive arena. Encourage natural progression by creating pathways with your lights. You could flow from an area with cushions or blankets in cozy picnic-style seating to a large table with snacks and drinks. Then, continue the movement to a purposely open space with classic lawn games or activities. With these simple arrangements, you can transform regular yard space into an outdoor party ambiance with little to no fuss.

Simple, Savory Outdoor Food

Now the ambiance has the party vibes flowing, the food can bring in the seasonal flavor and tantalize more than taste. When thinking of outdoor treats, keep to the classic and simple ones that instantly bring the smells of summer. Bruschetta for an appetizer and quintessential grilled, marinated meats, vegetables and seafood for the main course are easy to make and delicious. For dessert, consider berries with whipped cream or a berry parfait for a light, fluffy, effortless option. You could even add a firepit and make s’mores as the evening rolls in.

Outdoor Party Entertainment for All

Complete your party with traditional entertainment that requires minimum setup. Lawn games like bowling, cornhole or badminton are easy to incorporate. For a more relaxed activity, you could set up a small outdoor movie screen. Consider showing a well-known film and encourage commentary with questions, quotes or fun facts along the way.

With a bit of creativity and simple arrangements, your outdoor dinner party can come together with ease and be remembered by friends and family as a remarkable summer get-together.

By KAIT MCMURDO   May 8, 2024

Nestled in the heart of Argentina’s northwest, the province of Jujuy beckons travelers with its rich tapestry of flavors, vibrant landscapes, and ancient traditions. With breathtaking vistas that stretch from the rugged Andes to the salt-crusted expanses of the Salinas Grandes, this enchanting province is the perfect destination for your next adventure. Whether you’re a seasoned explorer or a curious wanderer, Jujuy promises to leave a mark on your soul.

Jujuy’s gastronomy is more than just sustenance; it’s a portal to the past. Each dish carries a story—a whisper of generations past, a celebration of the land. As you explore the winding streets of Jujuy, let your taste buds guide you through a journey of authenticity and tradition. But it’s not just the food that captivates; it’s the vibrant ancestral culture that pulses through every corner. As Jorge Villar, Broker Owner at Coldwell Banker Plaza Real Estate, aptly puts it, “Jujuy is a place full of charm, with breathtaking landscapes and a vibrant ancestral culture, surpassed only by the growing forces of its people.” The warmth and hospitality of the locals envelop you, inviting you to dance to the rhythm of folk music and immerse yourself in age-old traditions.

Victoria Salas, Broker at Coldwell Banker Plaza Real Estate, echoes this sentiment: “It is a place full of charm, with breathtaking landscapes and a vibrant ancestral culture, surpassed only by the growing forces of its people.” Indeed, Jujuy is a symphony of colors, flavors, and traditions—an experience that lingers long after you’ve returned home.

So come, wander through the cobblestone streets of Tilcara, where history whispers secrets to those who listen. Stand in awe before the multicolored layers of Cerro de los Siete Colores in Purmamarca, and let the wind carry tales of ancient civilizations. Jujuy is more than a destination; it’s an invitation to connect—with the land, with the past, and with the beating heart of Argentina’s northwest.

Where do you live? I live in the beautiful province of Jujuy, in Argentina! It is a place full of charm, with breathtaking landscapes and a vibrant ancestral culture, surpassed only by the growing forces of its people. I am proud to call Jujuy my home.

What is the perfect weekend day like? Without a doubt, a weekend in my homeland is the perfect balance between work and enjoyment.

After a busy week-long pace, Saturday kicks off with an invigorating workout routine, whether it’s in the gym or outdoors. Then, I meet with colleagues and business partners for a relaxed breakfast, in the most traditional café of San Salvador de Jujuy, the provincial capital, to take stock of the week and enjoy how the city begins to move.

I take advantage of the fact that the distances are short and it is very easy to move in the afternoon to disconnect from work and immerse myself in the natural beauty at the Termas de Reyes for a swim in warm waters or a moment in the spa.  As evening falls, I return to the city and get ready for an evening of networking at some fine dining restaurant where I can delight in gourmet dishes prepared with fresh local ingredients accompanied by a good wine.

To cap off the weekend, Sunday is a day to relax and recharge. It can be a quiet morning at home, enjoying a late breakfast with my family or exploring some hidden corner such as El Carmen and its relaxing natural dikes or San Antonio with its delicious typical gaucho food. Whether lounging at home or exploring new horizons, the weekend in Jujuy is always full of opportunities for personal and professional growth, all while enjoying the beauty and unique culture of this wonderful region of northern Argentina. It’s the perfect balance of work and play!

What are the common modes of transportation there? We have the necessary infrastructure for you to move quickly and comfortably both inside and outside our province. This is possible thanks to the (free) road network as well as air transport.

Jujuy is located in the heart of South America and in the far north of Argentina. National Routes connect Jujuy with the rest of Argentina, southern Bolivia and northern Chile. The province is crossed by the “Paso de Jama” Bioceanic Corridor, a first-class free road system throughout its length.

The “Dr. Horacio Guzmán” International Airport (JUJ) connects it with the main air stations of the country such as Buenos Aires (BUE), Mendoza (MDZ), Iguazú (IGR) and Córdoba (COR). We have optimal connectivity.

 Tell us about the foods your area is known for. Jujuy’s gastronomy is characterized by its direct connection with the land, each dish tells a story, a tradition and a feeling that is transmitted from generation to generation.

As a fact for travelers, it should be noted that one of the favorite accompaniments for any meal in the north is the Jujuy High Altitude Wine. These vines, grown at extreme altitudes, produce world-renowned wines, especially those made in the majestic Quebrada de Humahuaca.

It is unforgivable to visit Jujuy and leave without savoring emblems such as: humitas are a paste of grated corn, herbs and cheese wrapped in corn husks (called “chala”), they can be sweet or savory. Llama meat is the protagonist in several dishes, from llama loin with Andean potatoes to llama milanesa, this meat is a unique experience for the palate.

Also, don’t miss the buñuelos, cane honey, silverside, chili, tomato, pepper and local strawberries. Jujuy’s gastronomy is a journey of authentic and traditional flavors that will connect you with the culture and passion of this beautiful province.

What is your favourite meal, at home or at a restaurant? Accompanied meals are always savored a little better, we have first-class gastronomic establishments, some traditional and others specialty, where you can always order a good locro, a hearty and comforting stew made from corn, pork, beef, chorizo and a variety of vegetables such as pumpkin, potatoes and onions.

Another dish that cannot be missing and is a classic, is humita. These are similar to tamales, but are made with ground baby corn, to which cheese, onions, and spices are added. They are wrapped in corn husks and steamed, resulting in a sweet and savory bite at the same time. Excellent occasion to bring the family together as you could be a delicious barbecue.

And of course, we can’t forget the delicious empanadas from Jujuy. With their crispy dough and juicy, well-seasoned filling, these empanadas are a true delicacy for any self-respecting Jujuyeño.

Where do you recommend someone vacation in your region and why? As a Jujuy native at heart, I am excited to be able to share with you the wonderful experience of visiting Jujuy. This land full of colors, flavors, and ancestral traditions has so much to offer that you won’t want to miss the opportunity to explore.

Imagine walking through the cobblestone streets of Tilcara, surrounded by the towering mountains of the Quebrada de Humahuaca, while enjoying the vibrant colors of the local markets and the sound of folk music filling the air.

Another unmissable recommendation is Purmamarca, where you can marvel at the incredible Cerro de los Siete Colores and get lost in its streets full of history and culture. Don’t forget to try the gastronomic delights of the region, such as humitas, empanadas jujeñas and the famous locro, which will leave your palate more than satisfied.

And I can’t fail to mention the magical Salinas Grandes, a vast salt desert that stretches as far as the eye can see and offers a unique and unforgettable experience in the explosive glamping domes of Luxury Camp.

But best of all is the warmth and hospitality of its people. Here you will always be welcomed with open arms and you will be able to enjoy the company of friendly people who are always willing to share their culture and traditions with those who visit us.

So I invite you all to come and discover for yourselves the beauty and charm of Jujuy. I assure you that it will be an experience that you will remember forever.

What is your favourite recreational or leisure time activity? I’m just going to say that from north to south what moves the whole of Argentina is the passion for football and in Jujuy it is no exception. In every corner of our geography you will find a court to play and have fun.

But if there is one activity that differentiates the people of Jujuy, it is the respect and gratitude to the Pachamama, Mother Earth, it is not so recreational, but it is a reason for union and celebration for families and friends.

If it is recreational, I must say that the Jujuy Carnival is a celebration deeply rooted in the culture and identity of the province. It is a time of joy, color and traditions that brings together people of all ages to enjoy one of the most important festivals of the year.

Is there a specialty your area is known for? At first glance many consider Jujuy as small and without much to offer, but it is a province with a diversified economy, where several activities play an important role in its economic development.

Some of the main economic activities of Jujuy are: agriculture that allows the cultivation of sugar cane, tobacco, citrus, quinoa, corn and tropical fruits. The region has fertile land and a favorable climate that favors agricultural production.

Jujuy has a rich mineral base, with important deposits of minerals such as lithium, gold, zinc, lead and copper. Mining is a significant economic activity in the province, especially in the Salar de Olaroz, where one of the largest lithium reserves in the world is located.

We are a pioneer in the development of renewable energy in Argentina, we have wind and solar projects that take advantage of the abundant natural resource available, thus contributing to the generation of clean and sustainable energy.

The industry in Jujuy encompasses various sectors, including the food, textile, brewing, and dairy industries. The province has industrial parks and free zones that encourage investment and industrial development in the region.

Share a little known but interesting fact about the area/region: In August, the people of Jujuy evoke Mother Earth and are grateful for the fruits received throughout the year, as we learned from our grandparents, who in turn learned it from theirs.

The “corpachada” is the ritual of feeding the Pachamama. Through a circular well, products of nature, food, beverages, coca leaves are offered to Mother Earth as an act of gratitude, accompanied by prayers and requests.

Families, friends, neighbors and tourists, united around one of the most traditional Andean rituals of the Inca culture, thank you and receive your blessing. The air is filled with celebration of life, the aromas of frankincense, myrrh, rosemary and koa float, to smoke and cleanse of negative energies. Throughout the month, the people of Jujuy take the opportunity to “smoke” their loved ones, pets, and belongings such as vehicles and homes, to protect them from bad omens such as envy.

If you were to live in any other region where we have a Coldwell Banker presence, where would it be and why? One of the regions that catches my eye is the West Coast of the United States, especially California.

California is known for its vibrant economy, thriving real estate market, and laid-back, healthy lifestyle. With dynamic cities like Los Angeles, San Francisco, and San Diego, there is a wide range of opportunities in real estate, from luxury residential properties to innovative commercial developments.

Territory Summary:

San Salvador de Jujuy, the capital of Jujuy province in northwestern Argentina, boasts a rich colonial history dating back to its founding on April 19, 1593. The city owes its name to Francisco de Argañaraz y Murguía, who established it during the Spanish colonization era. The term “San Salvador” reflects the Spaniards’ religious devotion, while “jujuy” derives from Quechua, signifying the “river that speaks” or the “river of the lagoons.” This strategic location along the route between Upper Peru (now Bolivia) and Tucumán made San Salvador de Jujuy a hub for commerce and cultural exchange. Spanish and mestizo settlers flocked to the city, contributing to its growth and development during the 17th and 18th centuries.

Key Facts:

• Population: 800,000
• Language(s) Spoken: Spanish
• Climate: The province of Jujuy has a subtropical climate with a dry season1. The average annual temperature is 18º C, with maximums of 32º C in summer1. Rainfall is scarce in winter and abundant in summer, especially in the southeast of the territory1. The climate in the western sector is arid in the high mountains, with average temperatures below 12°C, marked daily temperature ranges and little precipitation in the form of snow.
• Currency: Peso Argentino

Industry Facts:

Types of Architecture: Colonial, Sustainable, Modern and Historic

April 8, 2024   Design & Architecture    By: Melissa Dittmann Tracey

A 134-year-old farmhouse in Williamsburg, Va., earned the title of “Ugliest House of the Year” from HomeVestors of America in 2023. But the property has overcome its dilapidated past with an impressive remodel.

The 2,277-square-foot home, which was originally built in the 1890s, had been severely neglected. In the 1960s, the land surrounding the home was developed into a neighborhood, but the farmhouse, sitting on 70 acres, was mostly left untouched. It fell into disrepair, with overgrown vegetation and decaying wood on the outside and clutter, debris and gaping holes in the floor on the inside.

A Makeover of Mega Portions

While some became frightened of the home—locals took its unsightly appearance as a sign that it was haunted—Daniel Nice saw potential. Nice, a Virginia franchisee with HomeVestors of America, decided to make it his next—and biggest—remodeling project yet.

“The previous owner was so happy we were going to salvage the home and that we were capable of tackling a renovation of this magnitude. He was thrilled the home would be given a second chance,” Nice says. “Throughout the project, neighbors would stop by and tell us how the house had been known as the ‘haunted house’ and that they never thought it would be restored in their lifetime. One neighbor was happy that their dog would stop uncontrollably barking at the house given all the critters that lived around it before we came in.”

Nice budgeted $270,000 for the seven-month renovation. Here are a few tasks that were on his long, to-do list:

• Cleared the lot to manage the overgrowth of vegetation surrounding the home (while still preserving the home’s crepe myrtles and magnolia trees)
• Gutted the interior of the home
• Renovated the crawlspace to turn it into an extra living space
• Installed new water and sewer lines
• Installed all new electrical and plumbing systems for the home
• Upgraded the exterior, such as with new siding and windows
• Installed new systems throughout, including the HVAC and water heater
• Completely overhauled the kitchen and bathrooms
• Installed new flooring and added fresh paint

But not everything was torn out. Nice took careful attention to refinish the home’s handcrafted original staircase, making it a focal point.

Nice’s renovations paid off: Shortly after the renovations, he found a buyer and sold the home for $400,000.

View inside the complete transformation of the four-bedroom, two-and-a-half bath home.

From backyard pickleball courts to wildscaping, find out how homeowners are sprucing up their yard.

As spring approaches, more homeowners are sizing up their outdoor space and making plans to ensure every square inch counts. They’re ditching expansive, lush lawns and carving out more areas for entertaining, relaxing and pursuing hobbies. The Plan Collection, a home design site, shares spring outdoor design trends that are gaining popularity this year.

1. Outdoor Kitchens

Outdoor kitchens are getting upgraded with cabinets, islands, outdoor electric ovens and granite or highly polished concrete countertops. Online search terms, compared to last year, reveal the following upticks related to consumers’ interest in outdoor kitchen design:

• Outdoor counters: +86%
• Outdoor oven: +83%
• Outdoor sink: +50%
• Outdoor electric grill: +50%

A growing preference for electric outdoor appliances—in lieu of traditional gas grills—is due to gas’ perceived environmental impact, The Plan Collection notes.

2. Weather-Resistant Landscaping

Weather extremes, like droughts and extreme heat, are challenging the practicality of large, green lawns. Homeowners are now turning to alternative landscaping approaches, including:

• Native landscaping: The use of native plants to preserve the local, natural ecosystem. These require less maintenance, less water and little or no fertilizers.
• Wildscaping: This includes native landscaping and creates a habitat for local bees, birds and small animals.
• Xeriscaping: Landscaping designed to reduce or eliminate the need for water, such as using rocks. In the West, droughts and government-mandated water limitations are rising and prompting more homeowners to explore xeriscaping.
• Solar: In harnessing the sun, solar lighting and bird baths are a rising trend. Bird baths are being outfitted with a solar panel to provide energy to run a fountain pump and circulate water.

3. Backyard Pickleball Courts

While the emergence of pickleball has infused life in vacant commercial properties, homeowners are beginning to install their own courts, too. Backyard pickleball courts are still considered a luxury; for those on a budget, the driveway has become the optimal location for playing pickleball at home.

4. New Levels of Outdoor Spaces

Rather than building out, homeowners are building up to maximize square footage, especially for homes with small lots. Raised outdoor spaces can offer a view and increase a home’s entertainment space.

5. Adaptable, Flexible Yards

Over the past year, The Plan Collection says, floor plans for new homes have been showcasing more spaces that can be adapted for multiple functions, including:

• Outdoor kitchens that can double as an entertaining space.
• Lightweight sectional furniture that can be moved to accommodate a cocktail party or a child’s birthday party.
• Just enough lawn—or turf—for visual appeal but also for enjoying outdoor games.
• Screened-in porches or pergolas that provide shade, protection from insects and an extended outdoor living season.