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PEERAGE REALTY PARTNERS ACQUIRES A SUBSTANTIAL PARTNERSHIP INTEREST IN PREMIER SOTHEBY’S INTERNATIONAL REALTY, A LEADING LUXURY REAL ESTATE FIRM ACROSS THE RAPIDLY GROWING MARKETS OF FLORIDA AND NORTH CAROLINA
Premier Sotheby’s International Realty is a leading luxury residential real estate brokerage with approximately 1,300 sales professionals and 38 offices ranging from Florida’s Gulf Coast and interior to Western North Carolina. In 2021 Premier Sotheby’s International Realty sold US$10.7 billion (C$13.7 billion) of residential real estate. This is Peerage Realty Partners’ eighth partnership with Sotheby’s International Realty, reinforcing its status as the organization’s largest strategic investor globally. This significant transaction allows Premier Sotheby’s International Realty to further expand its reach. It also supports further growth of its comprehensive suite of real estate services. Respected industry leader Budge Huskey continues as President and CEO of Premier Sotheby’s International Realty®. He will also join Peerage Realty Partners’ executive team as Vice-Chairman. The Lutgert family, founders of Premier Sotheby’s International Realty, and a major developer and contributor within the many communities it serves, will continue as partners…
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Will Houston’s Luxury And First-Time Homebuyer Markets Remain Red-Hot In 2022?
An inflow of new house-purchasers and a growing tech scene has Houston’s actual estate market on the rise. Baker & Co. Houston’s luxury actual estate marketplace set new highs past yr, but is the landscape the exact same for purchasers in 2022? Will the market’s document-breaking upward momentum go on, and will there be inventory to guidance it? What are the new developments to know about in Houston’s most popular neighborhoods? To get an inside of appear at the residential current market, I attained out to Demetrice Ballenger, a true estate qualified with Houston-based luxury brokerage Baker & Co. An field inside on Houston’s initially-time homebuyer marketplace, Ballenger has a…
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Here are the 5 hottest luxury real estate markets in South Florida
This oceanfront mansion in Highland Seaside, FL offered for $40 million breaking a neighborhood report for the town. Robert Stevens The provide of luxury properties and condos in South Florida is just not just tight. It can be even worse than that. “This just isn’t just a decline in stock,” explained Jonathan Miller, CEO of Miller Samuel, an appraisal and consulting business that tracks 14 real estate markets in the region for brokerage Douglas Elliman. “This is a collapse.” That is not hyperbole, in accordance to the figures. In the first quarter of this 12 months, South Florida inventory stood at a record reduced of 7,906 units, according to Miller’s…
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This Mass. town has one of the hottest luxury real estate markets
Kelly Garrity — Boston.com correspondent February 23, 2022 5:52 pm Cape Cod may be frigid this time of calendar year (normally), but its authentic estate sector is everything but. The well-known New England vacation vacation spot is property to just one of the most popular luxury genuine estate markets in the United States, a report Realtor.com introduced Tuesday found. According to the report, Barnstable offers some of the most sought-following luxurious residences of any local community in the region. “The mixture of picturesque villages, scenic lighthouses, and lobster rolls — furthermore all those white-sand beaches — built the hook-shaped peninsula a significantly interesting destination in the course of the pandemic,” the…
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Austin ranks among top luxury real estate markets
Shocker—Austin’s luxurious genuine estate current market is booming but soon after an specifically fruitful yr, the money city is signing up for the major leagues for large-priced houses. According to a examine evaluating field-large revenue action finished by serious estate agency Compass, Austin observed a 450{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} enhance in $10 million-additionally serious estate transactions from 2020-2021, placing it between the 30 highest-price markets in the U.S. With 11 full transactions totaling $189 million, the gross sales quantity in Austin jumped 562{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} since 2020, placing the city markedly larger than important cities like Philadelphia, Pennsylvania Jersey Shore, New Jersey Extensive Island, New York, and Washington D.C. Dallas was the only other Texas…
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The Hottest Luxury Real Estate Markets in America
Wouldn’t it be incredible to wake up each morning and sink your toes into sandy, white beaches, look out your window at picture-perfect sunsets, and fall asleep to the sound of waves lapping the shore? For more and more Americans with unlimited (or at least jumbo) bank accounts, this is their life. The overall real estate business may be going through challenges lately, but make no mistake: The high-end luxury market is booming. During the COVID-19 pandemic, demand for luxury homes in popular vacation areas, particularly along the coasts, has surged. The newfound ability of many of these wealthiest buyers to work remotely, more baby boomers retiring earlier into their…
