14 Jul 2020

Demand for High-End Homes Remains Prominent Amidst Pandemic

The last six months has been a whirlwind of events, all impacting the real estate market in different ways. Earlier this year, the Fed cut rates to nearly zero, driving millions of Americans to pursue new home acquisitions or refinance opportunities. However, shortly after, as the pandemic spread across the globe and stay at home orders were established, the transaction velocity of properties came to a halt. Fast forward two months and the trends are

11 May 2020

Will Auctions Be the New Normal for Luxury Homes in the Future?

As COVID-19 swept across the world, the industry of real estate took a major hit. Stay-at-home restrictions prevented realtors from showing homes, and the disruption in the economy created uncertainty for both home buyers and home sellers. Although the data is not yet in for the United States, it is apparent that COVID-19 caused a major decline in transaction velocity. More is known about the effects in the eastern hemisphere, where the virus first hit