The event featured Christie’s Executive Director Rick Moeser who presented on the state of the global luxury real estate market and Christie’s Wine Specialist Noah May who spoke about the Old World and New World chardonnays and pinot noirs.
Featured in Italian Restaurant
On a recent trip to Umbria, Italy Ivester Jackson agent Colleen Ludington was delighted to see the Christie’s Int’l Real Estate magazines in a fabulous hilltop restaurant, Erba Luna, located in Montone, Italy. The magazine features several North Carolina listings. Colleen says, ‘It made me proud to see the truly global reach of our brand!”
The brochures were provided by the Christie’s affiliate Romolini International Real Estate Agency.
Christie’s International Real Estate has released it’s 2015 Luxury Defined White Paper.
Residential real estate is a tale of two markets – luxury and everything else.
To fully understand the luxury property market, it’s helpful to consider the following classifications.
Global Economic Hub
e.g. London; Hong Kong; New York
e.g. Austin, Texas; Durban, South Africa; Portland, Oregon
e.g. Greenwich, Connecticut; Orange County, California; New Canaan, Connecticut
‘Jet Set’ Destination
e.g. Cote d’Azur, France; Turks & Caicos Islands; Cayman Islands
e.g. The Hamptons, New York; Muskoka, Ontario, Canada; Saint Jean de Luz, France
Lifestyle & Regional Resort
e.g. Bordeaux, France; Santa Fe, New Mexico; Porto, Portugal
There is really no one definition of luxury – much like beauty, it’s in the eye of the beholder.
From $1.2 million entry level properties in Florida to the ultimate $147 million ‘weekender’ in the Hamptons, the definition of luxury changes depending on where you are.If you have the means, there’s a broad enough range across the markets for you to find your own definition of luxury.
Click on any of the interactive graphics below to take you to the Christie’s report, and download the 2015 Luxury Defined white paper.
Luxury Defined: The entry price for luxury homes varies greatly by market, from $750,000 in Durban, South Africa, to $8 million in Beverley Hills. (via Christie’s International Real Estate).
Luxury Defined: Average number of days a luxury property spent on the market (as of December 31, 2014) (via Christie's International Real Estate). Luxury Defined: Luxury homes sold fastest in Toronto and San Francisco (via Christie’s). Luxury Defined: Although prices are generally higher in the city, the world’s top 3 home sales in 2014 were not in Global Economic Hubs – and two of the top three were located in New York City’s surrounding areas (via Christie’s International Real Estate).
Christie’s International Real Estate quarterly magazine boasts worldwide readership of more than 1 million annually.
Readership includes international CEO’s, financial executives, entrepreneurs, and other affluent professionals with significant discretionary income.
These readers are experienced global travelers, collectors of fine art, and invest in multimillion dollar properties.
THEY TRUST THE CHRISTIE’S NAME.
Issue Four 2014 is available online; on pages 195 – 197 you can view eight spectacular properties located in the Charlotte/Lake Norman region, exclusively listed by Ivester Jackson Christie’s International Real Estate.
Our broker’s local expertise, combined with the Christie’s name, and powerhouse marketing of high-end properties, has proven to be a successful combination.
TAKE A LOOK INSIDE.
Click on the cover below and enjoy a showcase of the world’s most beautiful and exclusive properties, along with information about art, design, and international cultural events.