“Putting your best foot forward” with clients in luxury real estate involves finding the perfect closing gift to commemorate the sale or purchase of a unique property. But it can be difficult to know what is proper and what might be considered “over the top,” or even inappropriate. While you definitely hope your clients will…
The Institute’s Luxury Market Report offers a comprehensive analysis of trends and comparative data for top residential markets across Canada and the United States. The August report provides a month-over-month review of the North American luxury market statistics and a glimpse into the 13-month trend. In this month’s report, we delve into the past to…
Within the last few years, the demand for outdoor living space has skyrocketed. In fact, according to one 2022 study, 56% of homeowners reported that creating indoor spaces outdoors is a top priority. This trend remains especially true in luxury real estate, where there is a growing demand for private outdoor spaces in urban areas.…
While architectural and design trends may fluctuate, we firmly support the concept of healthy homes and neighborhoods. We also believe that luxury is not only a housing trend but also a mindset. So, what are the essential features that define a modern luxury home? It goes far beyond the traditional saying of “location, location, location!”…
The Institute’s Luxury Market Report serves as your guide for analyzing trends and comparative data in the top residential markets across Canada and the United States. The report for July provides a review of the current statistics for the luxury market in North America on a month-over-month basis, as well as the 13-month trend. As…
If you were to ask 10 people about their thoughts on “Biophilic Design,” it is possible that eight of them would respond with a blank stare. Although the term may be new, the concept is already familiar to most of us, and the development of this trend began at least 20 years ago. Biophilic design…
There is no disputing the fact that we live in a fast-paced, ever-changing digital world today. Whether you love it or hate it, you cannot escape it. Equally important is acknowledging, as has been repeatedly noted, that a picture can be worth a thousand words. Translated to today’s language, it means that showing is better…
The Institute’s Luxury Market Report is your guide to analyzing trends and comparative data in the top residential markets across Canada and the United States. June’s report reviews the current statistics for the luxury market in North America month over month, as well as the 13-month trend. This month, the Institute reviews the luxury trends…
If you were one of many real estate professionals who enjoyed the industry “boom” of the last couple of years, then you’ve probably noticed that the market has gone somewhat stagnant as of late. Unfortunately, media outlets love to focus on the doom and gloom of real estate—which can exacerbate the problem and cause sellers…
If you’re looking for your big opportunity to break into the exciting luxury real estate market, you’re not alone. For real estate professionals, this is an extremely competitive market due to the higher earnings potential and opportunity to work directly with affluent clients. With so many real estate professionals striving to get their foot in…
Buying a house for cash, meaning no mortgage, can seem like the most strategically savvy and best way to gain an accepted offer. But there are subtle pros and cons to such a maneuver, more so for the buyer, but also for the seller. Read more.
