The Engel & Völkers News Brief: April 23, 2021

April 23, 2021

E&V News

Steven Seagal offers up his bulletproof compound in the Arizona desert
Los Angeles Times
Actor and action star Steven Seagal has listed his 12-acre Scottsdale compound with Julianna Eriksen, Robert Rogers, and Bob Nathan of Engel & Völkers Scottsdale. The house features a two-story atrium, a movie theater, and an infinity-edge pool overlooking the desert below.

10 millionaire enclaves where home prices have appreciated the most during the pandemic
Fortune
Summerland, California was ranked No. 1 on Fortune’s ranking of markets that have soared during the pandemic. Paul Benson, license partner of Engel & Völkers Santa Barbara, gives insight into why this area is so successful and predictions for the future.

‘Desperate to win’: Red-hot Halifax housing market has some buyers forgoing home inspections
Global News
James Dwyer of Engel & Völkers Nova Scotia Halifax was interviewed on the Halifax, Nova Scotia real estate market. He talks about the high demand for homes in the area and what buyers should be aware of before they make an offer.

Americas

Red hot real estate markets have turned surprising profits for unintentional property flippers
CNBC
Throughout the U.S., the rising value of stocks and other assets has helped boost the spending power of the wealthy. Experts highlight why the luxury markets are seeing very profitable unintentional flips and how these markets work in favor of the seller.

Canadian Real Estate Is Moving From Pent-Up Demand To Pent-Up Supply
Better Dwelling
This article highlights recent Canadian Real Estate Association (CREA) data showing new listings grew faster than sales in March. Experts weigh in on recent trends and outlooks for the Canadian real estate market.

Global

Remote workers flock to Spain’s Canary Islands: ‘It’s a dream come true’
EL PAÍS
The Canary Islands in Spain have been attracting many European remote workers. While tourism has been devasted due to Covid-19, the number of remote workers in the region has risen 10% a month since last September. This move opens up a new, more peaceful way of working.

Luxury Living

These 5 “It” Sofa Are Taking Over Instagram
Elle Decor
The most viral sofa variety on social media is puffy, vintage Italian ones. Explore five designs that have emerged as the “It” sofas and get inspiration for your next living room update.

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