NORTON MUSEUM PRESENTS PHOTOGRAPHY EXHIBIT

Featuring as many photographers as possible, the Norton continues its longstanding commitment to furthering the visitor’s understanding of photographic history. A recent donation of 162 photographs, The Hunter Gifts, is now on exhibit until September 7^th. The collection includes the work of some of the most important photographers of the 20^th century. Six international photographers are paired together for easy comparisons of their work. The Norton Museum of Art is located at 1451 S Olive Avenue in West Palm Beach. General admission is $8, ages 13-21 is $3, children under 13 and members are admitted with no charge.

FORECLOSURE SEMINAR

EMPOWER YOURSELF! Attend FORECLOSURE SEMINAR, 7-9 pm, Tuesday 8/26 and Thursday 8/28 at the Deerfield Hilton, I-95 and Hillsborough Blvd. FREE pre-registration (561-338-2122 or www.iberiamortgagecorp.com.) or $10 at the door. Who should attend: First Time Buyers, Bargain Shoppers, Investors, Realtors. What you will learn: No credit or Challenged Credit, How to Profit from the Real Estate Mess, How to buy and repair a home with one loan; How the new House Bill benefits you.

DELRAY CULTURAL CENTER OFFERINGS COMING UP – GET OUT YOUR CALENDAR NOW

Songs, lectures and a variety of other special events are planned at Cornell’s Old School Square Crest Theatre, including big and small names with varied talents. “Altar Boyz”, a musical comedy, will open The Crest Theatre Main Stage Series November 14-16. The theatre’s season will conclude with “Romanza, the Art of the Tenor, April 3-5. From December 5-7, Spencer’s Theatre of Illusion will be appearing – maybe disappearing - featuring interesting theatrical elements. December 19-21 the Ballroom World Champion Tour will be held for dance enthusiasts. The latest incarnation of The Kingston Trio will present folk music January 16-18. The American Soul & Rock and Roll Choir will bring us cheer February 6-8. “Footloose,” based on the film, will present their national tour March 6-8. A new Celtic inspired dance production featuring Irish, Ottawa Valley and modern tap dancers, The Stepcrew, will appear March 20-22. The 2009 Lecture Series, held Thursdays at 2 pm, will include Secret Service Director Brian Stafford February 19, Author Michael Gates Gill March 12^th and author/photographer Lorraine Salem Tufts April 2^nd. Other presentations coming up include Tony Award winners Hal Linden, Tommy Tune, and Christine Ebersole with Grammy winner Billy Stritch, For tickets and more information call 561-243-7922, extension 1. The Crest Theater is located at 51 North Swinton Avenue, just north of Atlantic Avenue near the Delray Beach Tennis Center, in Old School Square. Individual tickets prices for Main Stage and Cabaret Series are $40 for matinee and $42 for evening. Individual lecture tickets are $25 for open seating (balcony) and $40 for reserved seating, which includes valet parking and post-lecture reception. Crest Theatre was voted BEST LIVE THEATRE by Forum Publishing Groups, The Best of Delray Beach Magazine, 2007. For seating chart, and more information on performances, see http://www.oldschool.org/crest.asp.

WHO IS BUYING IN FLORIDA

According to the National Association of Realtors recent study, “2007 Profile of Florida Homebuyers and Sellers”, one in three Florida homebuyers is singe – 21% of 2007 new home purchases were made by single women and 12% by single men. 64% of the buyers had no children under age 18, but the median age of buyers was 43. For first time home buyers, 38% of 2007 home buyers, the median age was 32. 59% of homebuyers were married couples, 6% were unmarried couples. 18% were born outside the US. 27% bought new homes, 58% were detached single-family homes. Typical home had 1700 sq ft and was within 14 miles from their previous home. 98% of buyers ranked honesty and integrity as a “very important factor” when choosing a real estate agent. 90% of homebuyers financed their purchase. The report states that the typical home was on the market for 10 weeks and 33% of sellers did not lower their asking price before selling. Recent sellers typically sold their homes for 96% of the list price. 86% of home sellers reported that their home was listed or advertised on the internet. You can find the report at http://www.floridarealtors.org/LegislativeCenter/Research/index.cfm .

WIDESPREAD US HOME PURCHASES BY INTERNATIONALS

National Association of Realtors has estimated that between 150,000 and 190,000 homes in the US were sold to foreign nationals between May 2007 and May 2008. Florida, California and Texas were the most popular states. With the US dollar weakened compared to foreign currencies, US real estate was recognized as a good investment right now.

FYI: PENDING SALES JUMP UP

The pending home sales index jumped in July by 5.3%, rising in every region of the US. In the South, the index was up by 9.3%. Is a turnaround underway? This index measures signed sale contracts that are on the way to a closing, which is a leading indicator of home sales for the coming two or three months.

PBIA FEATURING PALM BEACH COUNTY ARTISTS EXHIBIT

An Opening Reception will be held at Palm Beach International Airport on Wednesday, September 10^th , 5:30-7 pm in the Airport’s Concession Mall, Level 2 Main Terminal, across from Travelers Lounge for exhibits of local paintings, sculpture, photography and mixed-media works, sometimes depicting the flora, fauna and natural places in the County. To see a virtual tour of the art, go to http://www.pbcgov.com/fdo/art/artworks.htm. The artworks, created by residents of various Palm Beach County cities, are for sale. Parking available in Short Term levels 4-7. The exhibit will be on display through September 24^th, and is sponsored by Palm Beach County’s Art in Public Places through a grant from the Palm Beach County’s Cultural Council. Selected works with are presented for four months and each exhibition features changing cultural and travel themes. Contact information for artists interested in submitting their works is http://www.pbcgov.com/art/FDORegistry.aspx.

ASPEN MANSION ON RED MOUNTAIN PURCHASED FOR $20.75-MM

With 5 bedrooms, a fitness room, outdoor pool and hot tub, the 11,500 sq ft house on 2 acres with Aspen Mountain views recently sold to a family from Greenwich CT. In 1997 the mansion sold for $9.25-MM. Aspen, Colorado is a wealthy resort area, with skiing an avid interest of most residents.

MORE ON WORLD’S MOST EXPENSIVE HOUSE… NOW REPORTED TO HAVE SOLD FOR $750,000,000

Now comes word that the anonymous Russian billionaire who bought the exquisite Villa Leopolda historic estate on the French Cote d’Azur paid a higher price than previously reported. This purchase overtakes the previous highest purchase of a London home by Laksmi Mittal for his son for $236,000,000. (WOW these are all a lot of zeros!). Villa Leopolda is between Monaco and Nice, overlooking Cap Ferrat near Villefranche-su-Mer. It is a cream-colored turreted mansion with two guest houses. King Leopold II of Belgium built the villa in 1902. In 1916, King Leopold’s nephew and heir, King Albert I, turned the villa into a hospital for wounded officers during WW1. The Agnelli family later owned the property (Fiat auto tycoons) and held legendary jet-set parties in the 1960’s, with guests including Frank Sinatra and Ronald Regan (in his acting days). Fifty full-time gardeners are employed to take care of 20 acres of gardens and terraces, with 1200 olive, orange, lemon and cypress trees. The grounds are considered among the most spectacular on the Cote d’Azur. Seller was Lily Safra, widow of murdered banking billionaire, Edmond Safra. A Russian oil oligarch is said to be the new owner. But not Roman, Abramovich, owner of the Chelsea Football Club, who owns a $100,000,000 mansion near Antibes. It is reported that 60 villas and mansions on Cap Ferrat are owned by wealthy Russians.

GOOD NEWS: HOLIDAY BOAT PARADE WILL GO ON

Canceled last year because of budget cuts, private sponsors have made it possible for the thousands who watch the Boat Parade to again do so on December 20^th 2008 starting at 6:30 pm at the C-15 canal (Boca-Delray line) and moving south along the Intracoastal Waterway. The sponsors to thank for allowing this 31-year old event to go on include Summit Brokerage, The Boca Raton Resort & Club, Loggerhead Marina, Florida Inland Navigation District and Marine Industries Association of Palm Beach County and The Greater Boca Raton Beach & Park District. Other sponsorships are available – email elilly@ci.boca-raton.fl.us or call 561-393-7827. As is the custom, boats will stop along the route at various docks and pick up donations for needy kids.

SOME OF THE “GOOD NEWS”

Affordable house prices combined with attractive exchange rates have resulted in our Canadian neighbors becoming the largest group of foreign buyers of homes in the United States, followed by buyers from the UK, Mexico, China, India and Germany. Since May 2007, foreign nationals have purchased between 150,000 and 190,000 homes in the United States. The most popular purchase was single-family vacation homes with an average price of $297,400. Florida led the way followed by California, Texas, New York, Washington and Nevada. Four out of Ten foreign buyers paid for their new homes with cash, compared to 7% of domestic buyers. Average stay for international buyers was 2.6 months during the year. 14% of purchases were $750,000 or more. This information is from the 2008 NAR Profile of International Home Buying Activity, a survey based on responses from about 4,000 Realtors who serve foreign buyers.

PLAN NOW: LOOK WHO'S COMING TO THE KRAVIS CENTER!

Carol Burnett (1/17/09)

Barbara Cook (12/16/2008)

Lily Tomlin (2-10-09)

Jackie Mason (2-2-09)

Steven Sondheim (2-4-09)

Marvin Hamlisch (3-8-09)

Patti LuPone and Mandy Patinkin, original EVITA stars (3-25-09)

Wynton Marsalis (1-28-09)

Dr. John and the Neville Brothers (3-3-09)

Led Zeppelin (1-13-09)

The Pink Floyd Experience (2-14-09)

Blue, a tribute to Joni Mitchell (1/2-4/09)

Kravis Membership is $75 and includes priority seating opportunities based on level of donation. Public tickets go on sale for 2008-2009 at 9 am on September 20^th. For more info call 561-832-7469 or go to http://www.kravis.org. Starting in October, for 11 sessions, “Movies by Moonlight” will be presented in the Gosman Amphitheatre including Grease, Sound of Music and Singin’ In The Rain.

AUGUST ADMISSION FREE FOR PALM BEACH ZOO

Want to find something for the kids to do? Grandkids coming for a visit? Palm Beach Zoo admission fees are waived in August and unlimited carousel rides are offered for kids age 12 and younger. There are over 100 shows a week and 1600 animals to visit. The Zoo is located at Dreher Park in West Palm Beach. Mission of the zoo is to provide an outdoor classroom of living creatures to foster awareness, appreciation and respect for the natural world. More info at www.palmbeachzoo.org.

FOR THE GOURMETS AND THE GAWKERS… WELL, REALLY FOR ALL OF US…

Palm Beach Restaurant Week will be held October 20-26, so mark your calendars NOW. Styled after the famous New York Restaurant Weeks, for $20.08, three-course lunches will be offered at restaurants that are said to include Café Boulud, Café L’Europe, Charley’s Crab, Flagler Steakhouse (at the Breakers), Michael R. McCarty’s, Ocean Bistro at the Four Seasons, Renato’s and the Ritz Carlton. The Palm Beach County Convention Center and Palm Beach Chamber of Commerce are involved in the planning.