An Ancient Art, in the Palm of Your Hand

Loiminchay, the pen company known for its modern interpretation of ancient Asian culture, has introduced a new design in its Chinese calligraphy-themed writing instruments. Loiminchay’s Calligraphy II models, which come in white or rose gold, are decorated with xingshu (Chinese calligraphy) characters. Read More

Billionaire Brand Nespresso Opens Boutique Bar in SoHo

If it’s one thing about New Yorkers and us transplants, it’s that we love coffee to keep up with our frenzy of 24/7 work, live, play lifestyles. Nespresso hit the mark with the opening of their SoHo store. Vibrant, energizing, chic comfortable and best of all Read More

Fiji’s Gorgeous Laucala Island for $26K/Night

f you’re looking for a destination that’s picturesque and private, head to Fiji’s gorgeous Laucala island which offers both in spades – but at a price. Read More

Enignum Canopy Bed by Joseph Walsh

A source of fuel and material of choice to create primitive tools for hunting and shelter, wood is one of the oldest and most used read more

2011 Ferrari 599 SA Aperta

After nearly 58 years together, do you think Ferrari management would forget Pininfarina’s birthday? Not a chance. To properly wish the bodybuilder-turned-design house well on its 80th anniversary, the folks in Maranello have created a fitting tribute: read more

2.5 Miles of Oceanfront in Belize for sale

This property consists of 3 parcels located in the Corazal District, Northern Belize on the Chetumal Bay. 12,400± acres with two natural lakes: One approximately 1,000 acres. The other approximately 400 acres.

Finacantieri Yachts launches 134 metre superyacht Serene

Today Fincantieri launched their first superyacht, which is now in the final stages of construction at their Muggiano (La Spezia), for a foreign owner. When she is delivered at the end of the year read more

The Australian Club

Established in 1878, The Australian Club is one of nine clubs founded in Melbourne by English settlers in the 19th century. The Australian Club has a rich history and was originally founded as a venue for Melbourne and Victorian businessmen to lodge and

Most Expensive Women’s Shoes

These four pairs of high-heeled slippers, three of them by Stuart Weitzman, are known as the most expensive shoes in...read more

Peerfect Anniversary Gift? Cartier Watches

Ladies, are you hoping for the ultimate in luxury watch for your anniversary, this year? If so, you are probably wishing for a Cartier. Cartier watches offer a style and distinction, which no other watch maker can match. The company has been fitting both royalty and celebrities with read more

LearJet 85

Stronger, faster and more agile, the Learjet 85 represents a new generation of Learjet excellence whose performance prowess and handling characteristics are driven in large part by its fourth generation supercritical wing design. The story behind this incredible airfoil began decades ago in 1976 when Bombardier applied a first read more

Stuart Hughes: World’s Most Expensive Game Console

If the writers of HBO’s hit TV series Entourage ever sent main character Vince and his sidekick Turtle out shopping for a Nintendo Wii game console, the unit probably would come from Stuart Hughes. 22-karat solid gold, this unit is being touted as the world’s most expensive game console read more

2012 Land Rover Range Rover Evoque Revealed

The new small Range Rover Evoque will launch in mid 2011. It is smaller than the Land Rover LR2, but is being positioned as a more sporting and more expensive vehicle that will slot under the Range Rover Sport. read more

Sotherby’s To Auction Of Rare Copy Of John James “Birds Of America”

A rare copy of John James Audubon’s “Birds of America,” billed as the world’s most expensive book, is up for sale alongside a first edition of Shakespeare’s plays at an auction to set book lovers’ pulses racing, Sotheby’s said Thursday.

One of only 100 or so remaining copies of “Birds of America” is valued at between 4 million pounds and 6 million pounds ($6.2 million and $9.2 million), while a Shakespeare First Folio from 1623 is expected to fetch at least 1 million pounds ($1.54 million). Read More

Home prices gain 3.6% in past year

NEW YORK (CNNMoney.com) -- Despite a recent spate of bad news coming out of the housing industry, home prices show signs of stabilizing.

National home prices jumped a substantial 3.6% in the past year, according to the S&P/Case-Shiller Home Price Index released on Tuesday. Prices also climbed 4.4% in the second quarter compared with a 2.8% plunge in the first quarter.

"While the numbers are upbeat, other more recent data on home sales and mortgages point to fewer gains ahead," said David M. Blitzer, chairman of the Index Committee at Standard & Poor's. "Even with concerns about near term developments, we recognize that the housing market is in better shape than this time last year."

Of course, the positive report was buoyed by the government's tax credit program, which refunded as much as $8,000 for homebuyers. With that program now over, markets could cool.

"We all know what happened to housing after the homebuyers tax credit ended," said Mike Larson, real estate analyst for Weiss Research. "It's been an Acapulco-sized cliff-dive."

And because this report is a lagging indicator, Larson adds that "it would be foolhardy to think that this report tells us that prices will continue to rise." Instead, he expects prices to slowly deteriorate over the next several months.

Source: money.cnn.com