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Engel & Völkers Real Estate

E&V News

Bruce Willis Sells Idaho Retreat at a Reduced Price
Wall Street Journal 
While far less than Mr. Willis had asked, the sale is still one of the biggest ever in the Hailey area, which is located about 12 miles south of Sun Valley, according to one of the listing agents, Travis Jones of Engel & Völkers Sun Valley.

Myers Park: Tradition and Beauty, Minutes from Downtown Charlotte
Mansion Global
Beautiful architecture, tree-lined streets and accessibility make Myers Park one of North Carolina’s most coveted neighborhoods.

Recruitment Tips
REP Magazine
Brand recognition can only go so far without top talent, and that’s why Engel & Völkers invests heavily in recruitment.

Real Estate Agents Answer: What's The One Thing You Wish Sellers Knew?
Forbes
We've

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E&V News

Seven-Bedroom Villa With 155 Feet of Beach Frontage in Turks and Caicos
Mansion Global
The two-acre property is fully turnkey, with two swimming pools. 

Expected Mortgage-Rate Hikes May Crimp Housing Market 
The Globe and Mail 
The Toronto Real Estate Board reported that sales in the Greater Toronto Area crept up 1.9 per cent in September compared with the same period last year.

Engel & Völkers Insight Report: Recruiting Challenges & Opportunities 
REAL Trends
Engel & Völkers Insight Report details key drivers that motivate an agent to make a brokerage change as well as what brokers can do to make sure they’re attracting and retaining the right talent.

The 10 Most Profitable Markets for Vacation Homes: Chill Out, Then Cash in 
Realtor.com
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Eagle County real estate dollar volume in August is down 25% compared to last August in 2017. However, the year to date dollar volume total is down just 4%. Transactions are also down in August with 190 sales compared to 226 in 2017, but are up year to date, 1,369 compared to 1,367.

Eagle and Gypsum had 31% of all transactions in August with 39 and 20 transactions respectively. Avon and East Vail were the other areas reaching double digit sales.

Highlights from August, 2018:
- Highest priced sales: $8,200,000 located in Spraddle Creek
- Highest price per square foot: $1,732 located in Northwoods Condo in Vail
- Multi-family average price per square foot in Eagle County: $642
- Average sales price in Eagle County: $951,770
- New unit sales: 7


Area Spotlight: Eagle

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As you browse real estate listings in popular vacation areas, you may come across many fractional or partial ownerships for sale. No, these are not timeshares; while fractional ownerships share a property with unrelated owners, the legal arrangement is different than a timeshare. The main difference is that the owners in a fractional ownership have titles/deeds to the property. In a timeshare arrangement, the buyers have only purchased the right to use the property.

Purchasing fractional ownership in a property has many advantages. Here are some reasons to consider investing in this option.

Investment Benefits & Risk Mitigation

As fractional ownerships are deeded to the owners, each owner has stake in the home. That means that if the home

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E&V News

Millennials and Baby Boomers Are Competing for the Same Homes
Inman
Here's what real estate agents need to know about baby boomer and millennial homebuyers and the housing competition between them.

Rooms With a View: Intown Condo and Townhome Market Still Going Strong
Atlanta Intown
Intown real estate, especially around Atlanta’s BeltLine, continues to get hotter. 

Housing Market in Naples Continues to Show Strength
Naples Daily News
Inventory during August also rose by 2 percent and was driven by a surge of 218 more properties added to the market in the two lowest price categories reported, compared to August 2017.

Dubai’s Swarovski-Inspired Towers Near Completion
Arabian Business
Sparkle Towers, a residential project being built in Dubai Marina in

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E&V News

Toronto’s Tech Boom Will Keep Real Estate Frenzy Going: Forecast
Huffington Post 
It's now in a class of cities with booming tech industries and rapidly rising house prices, a new forecast says.

Hot Property: Seven Sustainable Homes
Financial Times
This cabin-style off-grid home is predominantly made from timber with wraparound wooden decks.

Hong Kong Continues to Drive Whistler’s Luxury Real Estate Market
Pique
An odd thing happened to one of local realtor Max Thornhill's Hong Kong-based clients in Whistler this summer.

A Downsizer’s Dream on Vancouver’s ‘Golden Mile’
Mansion Global
Excellent bay views, an elevator, and modest floor space make this house a top choice for those looking to pare down.

Americas

How Best to Invest in Real Estate:

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By the Engel & Völkers Team

Known for its Grand Prix motor race, high-end casinos and upscale hotels, Monaco is the epitome of luxury. Hugging France's Mediterranean coastline, the independent city-state is also known for its harbor full of yachts where the annual Monaco Yacht Show flaunts some of the world's most impressive boats. This year from September 26-29, Engel & Völkers Yachting is once again participating in the showcase, and its crowned jewel is the 51-meter superyacht Aresteas.

The elegant ship comfortably accommodates up to 12 guests and 10 crew members and includes lavish amenities such as an on-board theatre, fitness studio, sauna and massage room. One of the largest wooden yachts constructed in recent years, but also sporting

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The Vail Valley is a 40-mile mountainous stretch along Interstate 70 in Eagle County, Colorado. The year-round population of the Vail Valley is around 40,000 people among a couple dozen communities. Each neighborhood and town has a unique appeal and diverse real estate. There are no passes between the communities, making traveling and commuting generally easy.

We put together this guide to give you a local perspective on each community. We’ll start in the westernmost town and move our way east.

Gypsum / Dotsero

Gypsum and Dotsero are neighboring towns around 35 miles west of Vail. The two communities have a number of working ranches and mines, and the town of Gypsum is named for the mineral found in the area. Gypsum is growing quickly and the

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E&V News

A Tennis Ace’s Idaho Getaway
The Wall Street Journal
Mats Wilander's 81-acre estate comes with a guesthouse, pool and pound.

Several NYC Resi Brokerages Collaborating on New Data Platform 
The Real Deal 
Some of the city’s most prominent brokerages are teaming up to use a new data platform.

August Report Shows Continued Strength in Naples
Florida Weekly
Inventory during August also rose by two percent and was driven by a surge of 218 more properties added to the market in the two lowest price categories reported compared to August 2017.

Selling? How to Market Your Home to the Right Buyer
RNEWS
In the competitive real estate market, agents need to have an advantage when selling property.

Ten Most Expensive Irish Country Estates for Sale
Independent.ie
It's

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Engel & Völkers recently recognized its top 10 real estate advisors worldwide based on 2017 production at an award ceremony at the historic Hamburg Museum in Germany. Anthony Hitt, president & CEO of Engel & Völkers Americas, and Sven Odia, CEO of Engel & Völkers globally, presented the awards to the top advisors from the U.S. and Canada included below who dominated the global list, categorized by transaction volume, commission, rentals and units sold. Congratulations to all advisors included on the global ranking! 

Transaction Volume

Sandra Miller, Engel & Völkers Santa Monica
Shirley Gary, Engel & Völkers Buckhead Atlanta
Paul Benson, Engel & Völkers Park City
Carol Sollak, Engel & Völkers Wellington
Alison Elder, Engel & Völkers Truckee
Howard

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