Hot Homes

After the market chill of 2006, prepare for a renewed scarcity of prime properties and bidding wars for the most sought-after homes. * While the general real estate market continues to be sluggish, the high-end markets in New York, Los Angeles and Miami generally have rebounded from the slump of the past six months or were never caught in the downtrend to begin with. * In Nashville, there are still deals to be found as the Music City recovers more slowly. * In all these cities the comforts of space, security and privacy remain priorities for music artists and executives. Coldwell Banker's Rubio confirms luxe properties are hard to come by and priced at a premium, particularly in the Biscayne Bay celebrity playgrounds like Star Island and Indian Creek-which employs its own land and marine police. Often, entertainment industry buyers are looking for two Miami-area properties: a larger main house in a secluded neighborhood and a condo in such sought-after areas as Coconut Grove, Key Biscayne, Coral Gables or perhaps South Beach where they can crash after a night on the town or host family and friends.