Welcome to the Sotheby’s International Realty 2023 Luxury Outlook report, our third annual in-depth exploration of high-end residential markets across the globe. We hope this report helps you navigate this fast-moving and ever-changing real estate market. While conventional wisdom about supply and demand and interest-rate fluctuation would suggest luxury home prices should be falling, we simply…
With more than 3 million residents, Orange County, California is the sixth most populous county in the entire United States. With all those people and their accouterments, you wouldn’t think there would be much space to get out and enjoy the great outdoors – because, really, how much great outdoors can there be? The…
There is light sooner than later. The trend is your friend: -Lower than expected inflation numbers -Stock market is up -Average day on market remains low -Homes priced right are selling -Average sales price is only slightly down 2023 Southern California Real Estate Forecast 1. Low inventory to start the year = under 2,900…
Pretty much the first thing most folks think about when they hear “1776” is the founding of the United States of America. However, there’s another remarkable event that happened during that eventful year: the founding of Mission San Juan Capistrano. Seeing is Believing. For the faithful, Mission San Juan Capistrano is a living testament…
Original Post from sothebysrealty.com In many interiors, the ceiling is an afterthought, or last priority among a laundry list of needed decor improvements. But letting this fifth wall simply blend with the rest of your environs leaves so much inspiration on the table. “Ceilings are an opportunity to bring in other design elements,” says Amy…
Buyers: Homes listed during the holidays mean a motivated seller. With the continued lack of inventory, and the normal decrease during the holidays, activity on properties will be even faster. Now is the time. You have the biggest advantage right now. It took a methodical pace to move interest rates at a jump not seen…
