The Engel & Völkers News Brief: December 18, 2020

December 18, 2020

E&V News

Engel & Völkers Debuts Marketing Tech Platform
Inman
MaX analyzes both external and proprietary data points, such as geography, target clientele and current listings to deliver each Engel & Völkers Americas advisor with a customized marketing plan to best reach and influence their ideal clients when they are searching for a real estate professional to represent them when buying or selling a home.

The ‘Starburst’ House That Instagram Hype Built Can Be Yours For $3.5M
New York Post
Set in the middle of the California desert, an architectural mirage is managing to confound the senses. “Whitaker Studio’s view portals, designed with shipping containers that reach up to stars and out to the rocky desert expanse, are pure brilliance,” said Raymond Dominguez of Engel & Völkers Santa Monica, the listing agent for the property.

Former MLB Pitcher Steps Up To The Plate At Engel & Völkers
Inman
Jim Bruske, a former New York Yankees pitcher and 1998 World Series champion, will bring 19 years of real estate experience to Engel & Völkers Gestalt Group in Arizona.

Americas

2021 Will Likely See the Most Robust Housing Market In 15 Years
Mansion Global
The U.S. housing market will get stronger through 2021 as the economy recovers from the pandemic-driven recession, while mortgage rates remain historically low, a major brokerage predicts.

Canada’s Most Expensive Housing Market Poised for 2021 Rebound
Bloomberg
The most expensive housing market in Canada is ready to surge after three years of stagnation. In Greater Vancouver, where the average home costs just over C$1 million (roughly $783,000), prices will rise 9% in 2021, according to a recent forecast.

Global

There’s ‘A Lot Of Opportunity’ In Real Estate As Pandemic Pinches Property Market
CNBC
Opportunity abounds for investors looking to seize on distressed real estate assets in the wake of the coronavirus pandemic, according to one of London’s prime real estate investors. If you’re a liquid buyer and you’ve got deep pockets, there’s going to be a huge plethora of opportunity, not just in any one, fixed continent.

Luxury Living

When You Can’t Leave The House, A Home Bar Can Be Your New Place For Cocktail Hour
Elle Decor
 Adding a home bar can be the perfect touch to your home this season. “We’re seeing clients make space for a home bar even if one didn’t exist before,” says Dallas designer Jean Liu, whose friend stuck one in a coat closet as COVID-19 descended.

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