The Engel & Völkers News Brief: December 30, 2020

December 30, 2020

E&V News

A ‘masterpiece’ on Boston’s Commonwealth Ave. lists for $3M
Boston Business Journal
The Robb Cohen Team of Engel & Völkers Boston has listed a two-bedroom, two-bath “masterpiece” in Boston’s Back Bay for $3 million. The 1,772-square-foot unit is a block and a half from the Public Garden and includes a private roof deck with an outdoor shower.

Our top properties of the week
The Spaces
In this week’s property digest, The Spaces features a sci-fi concept home in California’s Joshua Tree National Park listed by Sandra Miller and Raymond Dominguez of Engel & Völkers Santa Monica.

Historic Ortega home on the market
Jacksonville Daily Record
An Ortega house that once was home to Henry and Margaret Blount, the namesake for Blount Island, was just listed by Sandy Miller of Engel & Völkers Jacksonville Beach.

Americas

The Pandemic-Era Trends Impacting Real Estate Profitability
Forbes
From job losses to closed-down businesses to “ghost towns” temporarily replacing tourism, there’s no doubt Covid-19 has left a bit of an economic mess. This article highlights the four major trends emerging from the pandemic that are impacting the real estate industry the most.

Analysts warn London, Ont., real estate is poised to become an ‘extreme sellers’ market’ in 2021
CBC
Analysts are warning real estate in the London, Ont., region is poised to become an “extreme sellers’ market” in 2021, driven by an influx of out-of-town buyers seeking more space in the coronavirus pandemic and a dwindling supply of homes for sale. 

Global

China’s Empire of Concrete
Wall Street Journal
The Chinese housing market has boomed, outstripping the rampant growth of the economy itself. This is how the nexus of households, local governments, banks, and developers functions.

Luxury Living

The Top Home Decor Trends You’ll Be Seeing in 2021
Elle Decor
Designers and industry veterans forecast the top design trends moving forward into 2021. A neutral palette, relaxed seating, state-of-the-art entertainment equipment, and substantial dining tables are just a few of the trends that have emerged from all these days spent at home.

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