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Engel & Völkers Real Estate

By the Engel & Völkers Team

Prince Edward Country is growing from a secluded municipality into a getaway for foodies, techies, artists and adventurers. 'The County’, as locals refer to it, has a rich history in Canada, boasting a number of periods of influence and prosperity. Now, the region has quietly transformed into an under-the-radar arts, tech and foodie enclave. Most notably, it’s a wine country destination, however it also boasts local eateries, innovative tech startups, vintage shops, and one-of-a-kind antiques. Located 2.5 hours east of Toronto, Prince Edward County (PEC) captivates with its ‘grown up summer camp’ vibe and grand Victorian mansions, many of which transformed into modernized country homes. The slow, organic genesis of PEC, has

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By the Engel & Völkers Team

Looking for an upgrade from first class and perhaps caviar as an in-flight snack? For millionaires and billionaires who are privileged enough to jet-set across the globe, they can pack up and go whenever and wherever they please—but they’ll actually need a jet for that. To help avoid inconvenient air traffic, Engel & Völkers Aviation recently ranked the most popular private jet routes taken throughout Europe in 2016, based on survey data produced by market research company WINGX Advance.  

Bart Boury, CEO of Engel & Völkers Aviation, reported that “the most frequented private jet route in Europe was from Aéroport International de Genève in Switzerland to Aéroport de Paris-Le Bourget in France,” with private jets having

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E&V News

Luxurious Utah River Estate Asks $30 Million
The Wall Street Journal
The seller is Vinny Smith, former chief executive of Quest Software who now runs Toba Capital, a San Francisco and Newport Beach-based venture-capital firm.

Is Salt Lake City the New Austin?
U.S. News & World Report
With the Silicon Slopes experiencing significant tech growth, they may just be the answer to Silicon Valley's affordability problem.

Adam Kennedy, World Series Champ Turned Real Estate Agent, on Hitting Financial Home Runs
Realtor.com
Over a peripatetic 14-year career in Major League Baseball, Adam Kennedy grew to really appreciate the value in settling down—and investing smartly in real estate.

New Luxury Real Estate Firm Opens Office in Jackson
Buckrail
Engel

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Real estate company expands global network with shops in Seattle and Mercer Island

Engel & Völkers has announced its entrance into Washington state with the opening of two brokerages, Engel & Völkers Seattle Downtown, led by license partners James Warjone, Christine Warjone, and Matt Bogue, as well as Engel & Völkers Mercer Island, which will share the same leadership team in addition to license partner Rob Potashnick, who will serve as the designated broker overseeing day-to-day operations. The newly established Engel & Völkers shops provide leading real estate services in Seattle, Mercer Island, and the Greater Puget Sound markets.

“Seattle and the surrounding areas are a hotbed of innovation, and with the growth of local companies like Amazon,

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Luxury international real estate company expands global network in Northwest region

Engel & Völkers announced it has opened a new shop in Jackson Hole, Wyoming, expanding the global real estate brand’s presence in the Northwest region of the United States. The newly established Engel & Völkers brokerage will provide leading real estate services to home buyers and sellers in all of Teton County, Wyoming, including Jackson Hole, Wilson and Teton Village, as well as the surrounding areas of Star Valley, Wyoming and Teton Valley, Idaho. The brokerage will be led by License Partner and Managing Broker Andrew Ellett alongside Crystal Ellett, who is also an owner.

“Jackson Hole is known for its natural beauty, vicinity to national parks and outdoor

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E&V News

Bohemian Vibe Attracts Homebuyers to Taos
Financial Times 
New Mexico town offers adventurous sports alongside adobe architecture. 

The Upper East Side's Co-Op Conundrum
The Real Deal 
Co-ops, even in the Upper East Side’s marquee buildings, are facing an increasingly tough crowd of buyers.

Napa Valley Vineyard Listed at Almost $5 Million
Mortgage Professional America
Winemaker Pat Vinatieri is selling his Napa Valley vineyard estate for just shy of $5 million.

Palace Fit for a Pop Queen: Madonna Buys 18th Century 'Palacete' in Portugal as Son Joins Benfica Football Academy
Homes & Property 
Madonna has moved into Quinta do Relógio, an 18th century ‘palacete’ in the hilltop town of Sintra.

Banks Predict Growth in Sales and Prices in

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By the Engel & Völkers Team


We had the pleasure of chatting with our very own Dean Poritzky, Private Office advisor and license partner of Engel & Völkers Wellesley, to discuss current generational trends and shifts he’s seeing in the Wellesley, Weston and surrounding Boston area real estate markets. Here’s a peek into some of his on-the-ground insight. 

E&V TEAM: Your market is known for having many historic, New England homes (we’re talking homes circa the 17th century). What’s in it for millennials?

PORITZKY: Many millennials are moving from Boston, where many will still work and commute. They're looking to raise their families with more space in quieter neighborhoods, but still visit Boston for work, a night out or a weekend trip. The

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E&V News

This Real Estate Agent Is the Castle Expert
Bloomberg
Are you a member of the global super-rich on the hunt for a house? Christoph von Schenck has just the palace, fortress, or château for you.

Engel & Völkers Partner for Sustainability-Minded Luxury Real Estate Development
Luxury Daily
Real estate brokerage Engel & Völkers is partnering with developers Inter Related and Namba One Star to promote a new golf community in South Florida built with an emphasis on sustainability and environmental consciousness.

Why Some NYC Resi Brokers Are Thriving During the Summer Slowdown
The Real Deal
In real estate's quiet months, international buyers come out to play and agents take chances. 

Less Is More: Downsizing to a More Simple Life Intown
Atlanta

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By the Engel & Völkers Team

Bloomberg recently sat down with our in-house castle expert Christoph von Schenck, Engel & Völkers’ Head of Castles & Manor Houses, to make use of the knowledge he’s amassed in his life’s work. In his interview, he shares details on why castle owners part with their palatial homes, the fortunate buyers who get to scoop up their gems, what today’s castle market looks like across Europe and what it would take for you to own a century-old chateau. Christoph also shares where his ideal castle would be (even though he’s already the proud owner of one) because castle experts can dream a little, too.

With modernity’s end to widespread European monarchies came the availability of palaces and fortresses across the continent.

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E&V News

The Best Vancouver Neighbourhoods to Buy Property in Today
REW
Two top-producing agents give their expert advice on how to find up-and-coming neighbourhoods to buy in. 

Americas

Existing-Home Sales Slide 1.3 Percent in July
National Association of Realtors®
Listings in July typically went under contract in under 30 days for the fourth consecutive month because of high buyer demand, but existing-home sales ultimately pulled back as large declines in the Northeast and Midwest outweighed sales increases in the South and West. 

Slower Home Sales Don't Stop Canadian Mortgages From Booming
Huffington Post
The average Canadian mortgage is now almost $200,000, up 5 per cent in a year.

International

4 Ways Russian Luxury Real Estate Investing

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