The Engel & Völkers News Brief: June 18, 2021

June 18, 2021
EngelVolkersJupiterRecord26MSale

E&V News

Engel & Völkers Jupiter Breaks Local Record with $26 Million Sale on Jupiter Island
PRWeb
The Meierling Group, a husband and wife team consisting of Ken and Kandyce Meierling with Engel & Völkers Jupiter, represented the seller in their $26,000,000 sale. The notable transaction set a new local record for price per linear foot on the ocean.

Gold Coast 3-bedroom home with oversized windows and Lake Michigan views: $4.5M
Chicago Tribune
This three-bedroom home has four bathrooms, one half-bath, oversized windows, and views of Lake Michigan and the city skyline. This property was listed by Jennifer Ames of Engel & Völkers Chicago.

Glenn Straub buys Wellington estate for $9M
The Real Deal
The 14,768 square-foot mansion has three bedrooms and eleven-and-a-half bathrooms. Travis Laas of Engel & Volkers Wellington represented the seller, John J. Fleischhacker of Lake Region Medical.

Americas

Canada’s housing market is ‘moderating’ — but still blazing hot
Edmonton Sun
The national average selling price in May was just over $688,000. While that was almost $30,000 lower than the record established in March, it was up about 40 percent from May 2020.

What the Resurgent Real Estate Market Means for NYC
New York Magazine
The housing market is as good a lens as any to view a metropolis’s health. Here is what real estate can tell us about the future of New York City, and how much (or how little) the pandemic changed our ideas of urban living.

Global

Irish housing shortage hits home for buyers and investors
Financial Times
A severe shortage of housing in the Dublin area has stoked a surge in property prices, with properties often going for €20,000 or €30,000 over their asking price — a chunky premium given that the city’s average sales price is about €396,000.

Luxury Living

10 Spectacular Private Villas to Rent Now for Summer Travel
Architectural Digest
As the pandemic has begun to wind down across the U.S., we could use an escape from our primary residences when they start to feel a bit too familiar. Enter: luxurious private villas that are available to rent for as little or as long as you’re in the market for a short-term second home.

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