The Engel & Völkers News Brief: September 11, 2020

September 11, 2020

E&V News

Engel & Völkers strengthens its focus on Midwestern markets
Inman News
On the heels of office openings in Texas, Oklahoma, Kansas, and Arkansas, Engel & Völkers Americas is continuing its Midwest expansion with the opening of a new office in Tulsa, Oklahoma.

House Hunting in Canada: A Rowhouse in Old Montreal With Income Potential
NYTimes
Explore this four-story attached greystone rowhouse in Old Montreal, a restored 1847 building that once housed the city’s main public market listed by Felix Jasmin of Engel & Völkers Montreal.

Nestled in a Winemaking Region in the South of France, This Villa Offers a Resort Style
Mansion Global
Lux La Baraquette Resort and Residences has been listed for sale €3.65 million (US$4.31 million) with Emmanuel Reinert of Engel & Völkers. The seafront resort is located in the Languedoc–Roussillon region of the South of France, boasting its own working vineyard.

Americas

The Fall Real Estate Market Is Abnormally Hot As Mortgage Rates Break Records
Forbes
Typically, the real estate market tends to hit the brakes in the fall, but that’s not what’s happening as we head into the second week of September, homes are getting snapped up faster as home values rise and mortgage rates continue to slide.

Ottawa’s real estate market remains red hot despite COVID-19 pandemic
CBC
A recent report from the Ottawa Real Estate Board said sales of residential properties, including condos, increased by 17 percent in August compared to the same month the year before, while prices increased between 22 and 24 percent — to $383,000 and $592,000 — for condos and freehold homes, respectively.

Global

Paris housing: the city of light emerges from the shadow of COVID
Financial Times
After a severe lockdown, buyers are looking for more space, more outdoor access, and more comfort.

Luxury Living

25 Ways to Change a Room with a Pop of Color
Elle Decor
When a room calls for a bit of energy to liven it up, consider adding a pop of color to bring things to the next level. Here are 25 creative ways to do just that.

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