LuxuryHomes.com – Living Luxury Homes Living
Looking at the latest luxury real estate market report for Vancouver, BC, it is evident that a steady increase in home sales and listing activity continued through the month of June, according to the Real Estate Board of Greater Vancouver.
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The Era Of Virtual Selling Has Begun
Selling virtually is the new normal. We are here to help. The team at Luxury Homes Digital (LHD) has developed a new application for presenting your listings, virtually. A recent survey from Matterport shows the ability to supply virtual touring options to sellers and buyers is necessary. A notable 55% of respondents would be willing to purchase a home sight unseen if a 3D tour was present. Even more important, almost 80% of respondents said they would even switch realtors to one that offers 3D touring services as a sales tool.
Coronavirus Impacts on Luxury Real Estate
While various industries across the globe come to a halt amid the recent coronavirus outbreak, the world of luxury real estate goes on. Impacts can start to be felt in luxury real estate, with sevarities varying from region to region. Real estate markets worldwide attempt to anticipate and brace for glooming economic impacts of the ongoing pandemic on the industry. And agents look to adapt to changing client behavior and government regulations. In these uncertain times it is hard to say what the future impacts of the coronavirus will bring on the world of luxury real estate, but rest assured market analysts are watching closely to keep us informed.
Market Update: Edmonton, Alberta
Edmonton, Alberta’s first quarter market report was a positive start to 2020. March began with overall residential unit sales up by 8.3% in comparison to this time last year according to a recent report by the Realtors Association of Edmonton, and the amount of new on market listings was up 4.21%.
Undeveloped Caribbean Island For Sale
Calling all island daydreamers and daring developers! Has your life long dream been to own and transform your own Caribbean beach escape? Situated perfectly among the British Virgin Islands, a serene island haven of glimmering turquoise waters, soft white-sand beaches, and gently swaying palm trees is awaiting its next owners.
Villa Vista – Port Royal Estate
Named after stunning unobstructed ocean views, Villa Vista is nothing short of breathtaking! Situated perfectly along Florida’s Gulf of Mexico, this one of a kind Naples estate offers over 300 feet of white sand beaches and stunning west facing ocean views. Listen to the lap of sparkling turquoise waters, embrace the misting sea breezing in from off the ocean and watch the palms sway among landscaped gardens. Debuting for its very first time ever on the market at $65,000,000 USD, this world-class Gordon Drive estate is not one to be missed.
Paris, Berlin & Miami Predicted to see Biggest Price Growth in 2020
Anticipated by supply, demand, sales trends, and economic and social indicators, Knight Frank’s latest Prime Global Forecast outlines the estimated real estate market outlook for 2020. Drawing knowledge from this, real estate in Paris, Berlin and Miami can be expected to experience the largest price growth over the next year, compared to other top performing cities across the globe.
Market Update: The Woodlands, TX
While taking a look into the 4th quarter Real Estate Market Report for The Woodlands, TX, it seems that prospective buyers may be in favor as we progress through the later winter months. Prospective buyers from across the state, country, and world could expect a drop in current market prices, as well as plenty of selection while browsing homes within the area. The Woodlands long-term economy is also predicted to grow, creating an even bigger incentive to purchase within the already desirable community.
The Hotel Georgia Penthouse, Vancouver BC
Incomparable to anything across the entire Pacific Northwest, the Hotel Georgia Residences penthouse offers the ultimate in sophisticated urban living. Currently listed at $29,800,000 CND, this world-class residence is conveniently located in the center of Downtown Vancouver just steps from several distinguished restaurants and exclusive fashion boutiques, and with several options for exceptional entertainment. If you’re not already sold, prepare to be in awe once inside this exclusive and rare 5-star living experience.
Market Update: Tyler, TX
Taking a look into the 4th quarter Real Estate Market Report for the Tyler, Texas, there is a consistently high demand for single-floor condominiums. This is good news for sellers looking to sell their luxury condos, as the best condominiums on the market are currently tending to sell very quickly. In addition, slightly lower inventory rates for this time of year create narrower options for those wishing to buy a property within the area. Most units are averaging a total of 60-90 days on the market before being sold to a prospective buyer.
Market Update: Mississauga, ON
Looking at the 3rd quarter luxury real estate market report for South Mississauga ON, it is evident that there has been an increase in the average market price for single-family luxury homes and a decrease for luxury condominiums. While the average price of luxury single-family homes increased about 0.25% from the last quarter ($2,647,783 to $2,654,135), the average price for luxury condominiums decreased a total of 2.7% (from $1,202,356 to $1,169,722).
Homes for the Holidays
I think it’s safe to say that winter has arrived in the northern hemisphere. The days are getting shorter, the air is getting colder, and the nights are getting darker, marking the time to gather indoors with your loved ones. At LuxuryHomes.com the only thing better than getting to spend time with your loved ones is getting to do it in style. From advantageous ski hill chalets to mammoth mountain estates, we are sharing some of our favorite winter wonderland homes currently on the market for this holiday season.
Owlwood Estate
A true home to the stars! Once the largest estate in Los Angeles, this world-class mansion has belonged to some of Hollywood’s biggest players. Throughout the years’ notable owners can include Joseph Schenck, Tony Curtis, and Cher and Bono. Even Marilyn Monroe has been know to attend parties at this sumptuous estate. 141 South Carolwood Drive, also known as the historic Owlwood Estate is once again on the market, but this time for $115,000,000 compared to the $750,000 Cher and Bono acquired the house for in 1978.
Four Peaks Ranch
Placed mountainside in a completely private setting encompassing 876 acres, a monument such as Four Peaks Ranch is a truly rare and awe-inspiring estate like no other. Perfectly furnished with exceptional pieces, this colossal mountain estate once offered at $58,500,000 is now listed for $45,000,000.
Market Update: Monroe County, IN
While looking at the 3rd quarter real estate market report for Monroe County and Bloomington IN, it is evident that there has been a decline in the average market price for both single-family homes and luxury condominiums. These pricing decreases are slight and fairly typical for this time of year, going into the 4th quarter.
$20 Million Malibu Beach Home
Rocky coastline, a fresh saltwater breeze, and sparkling crystal waters greet the Malibu coastline each morning, fading into an intensely colored sunset over coastal views of Catalina. A showcase of true west coast imagery. Imagine then, pillars emerging from the sandy shores working to hold up a magnificent structure of only the highest quality of construction and design. These are some of the things that make Malibu one of the most sought after and luxurious locations to own real estate in all of California.
Antique Restoration Artist Turns Southern California Palazzo into One-of-a-Kind Gatsby Style Estate
There aren’t many places left today that feel truly magical. Imagine, for a moment, that Jay Gatsby is throwing a party at the Hearst Castle, and you can just begin to get a sense of what it’s like to walk into the grand ballroom at 19319 Calle Juanito.
