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July 2017

Found 14 blog entries for July 2017.

E&V News

Canadians Doubled Spending on U.S. Real Estate in Last Year
Mansion Global
The average price a Canadian paid for a U.S. home jumped 69% to over $560,000; one out of three bought in Florida.

New Real Estate Brand Enters the Bahamas Market
The Nassau Guardian
International real estate company Engel & Völkers has been in the Bahamas market for only one week and is already attracting clientele and exciting established real estate agents.

Engel & Völkers Expands to Central Florida
The Real Deal
Brokerage firm Engel & Völkers expanded into Central Florida in partnership with Lisa Reed, who formerly worked for Avatar Real Estate Services.

The Week in Real Estate Industry Deals: July 17-21, 2017
Inman
While real estate agents chase leads and close

2,576 Views, 0 Comments

A Living Symphony

By the Engel & Völkers Team

Piet Oudolf composes internationally acclaimed symphonies. His instruments? Prairie lilies, meadow rue, moor grass and peonies. When it comes to the art of horticulture, Oudolf is often recognized as second to none in the realm of arranging gardens. From orchestrating installations for the Biennale in Venice and Leuvehoofd Park in Rotterdam, to creating more personal, private gardens in the Netherlands (his home country) and Nantucket Island, Oudolf is a master at harmonizing perennials and shrubbery to create dynamic “living pictures.”

New Yorkers have probably come into contact with his work via the city’s ever-popular High Line and Battery Park gardens, which he designed in 2006 and 2003,

3,899 Views, 0 Comments

E&V News

6 Beautiful Homes in Colorado
The Week
A historic Basalt property and a Snowmass property built on the banks of a private pond. 

For Chinese Real Estate Investors, U.S. Is Tops
RISMedia
The U.S. housing market is a draw for foreign real estate investors, who continue to express assurance in either becoming or remaining active in U.S real estate. 

Engel & Völkers Gives Network the Edge
REAL Trends
Enhanced listing distribution platform supports North America network & consumers.

Engel & Völkers Florida Opens Clermont Shop
RISMedia
Engel & Völkers Florida has opened a new shop in Clermont, with two more shops in Leesburg and Windermere to follow.

The Week in Real Estate Industry Deals: July 10-14, 2017
Inman
While real estate agents chase

1,912 Views, 0 Comments

By the Engel & Völkers Team

When we dream of Venice, we imagine ourselves wandering through canals and criss-crossing between neighborhoods, enjoying the historic beauty and culture of the city. Unsurprisingly, so do many others across the globe.

According to Engel & Völkers’ latest Venice market report, the city’s residential property market is witnessing growing demand, especially near areas on the Grand Canal. This is met, however, with a limited availability of homes in the most desirable areas of the city.

“The majority of buyers are looking for a second home in Venice, or an investment property for short-term rental to tourists,” said Mauro Lozza, Managing Director of Engel & Völkers in Venice. Currently, international buyers account for

5,240 Views, 0 Comments

E&V News

Engel & Völkers Launches EDGE to Maximize Listing Exposure
RISMedia
Engel & Völkers has launched the Extensive Domestic & Global Exposure (EDGE™) platform, a diversified suite of partnerships designed to maximize exposure of its listings worldwide, the company recently announced.

Global Rundown: A Look at Housing Overseas
RISMedia
Housing in the U.S. and in markets abroad is categorically intertwined, with conditions globally mirroring those happening at home: climbing prices, dwindling stock, and an outpouring of demand.

The Week In Real Estate Industry Deals: July 3-7, 2017
Inman
While real estate agents chase leads and close deals on houses, there’s another level of deal-making that takes place within the real estate industry: mergers,

2,516 Views, 0 Comments

How the Bank of Canada’s Rate Hike will affect Borrowers

By Michael Mata, www.whichmortgage.ca, 07/14/2017

The Bank of Canada (BoC) has hiked its benchmark interest rate to 0.75% from 0.5%, its first increase in almost seven years, amid expectations of stronger economic growth this year.

Such a move is bound to increase the cost of mortgages, home equity lines of credit (HELOCs), and other loans linked to the big bank prime rates.

The Bank of Montreal (BMO) and the Bank of Nova Scotia both expect expect the next rate hike to happen in October, though neither bank dismissed the possibility of an earlier rate move at the BoC’s next scheduled rate announcement on September 6.

The central bank cut interest rates by a quarter of a

467 Views, 0 Comments

By the Engel & Völkers Team

Exceptional customer service is what makes any good company great. In fact, there are many modern day examples of companies across multiple industries becoming lone survivors among their competitors because of this very ideal. Treating people the way they think they should be treated is not enough … it’s about going above and beyond, exceeding expectations and creating customers for life. When you can attract customers versus chase them, a spark ignites creating a contagious culture and experience.

So how does this all start? With leadership, of course. Feeling nostalgic, we decided to take a look back at one of our favorite interviews with the great Sir Richard Branson, founder of Virgin Group and known as a visionary

2,048 Views, 0 Comments

by Justin da Rosa12 Jul 2017  MortgageBrokerNews.ca

The Central Bank raised its new target for the overnight rate to ¾% Wednesday, citing a confident financial outlook and above-potential growth.

This despite softened inflation, which the bank judges to be temporary.

“Governing Council judges that the current outlook warrants today’s withdrawal of some of the monetary policy stimulus in the economy,” the Bank said. “Future adjustments to the target for the overnight rate will be guided by incoming data as they inform the Bank’s inflation outlook, keeping in mind continued uncertainty and financial system vulnerabilities.”

The BoC estimates real GDP growth to moderate from 2.8% in 2017 to 2% in 2018 and 1.6% in 2019.

“Canada’s economy has been robust,

475 Views, 0 Comments

International premium real estate company continues Canadian expansion

Engel & Völkers has announced its newest real estate shop in Niagara, Ontario, expanding the company’s international network and exclusive level of service in Canada. The newly established Engel & Völkers Niagara is led by owners Cosmo Condina, Carmela D’Amico and Peter Fischer, who will serve as the broker of record, and will provide leading real estate services to home buyers and sellers in the markets of Niagara, Niagara-On-The-Lake, Port Colbourne, Welland, and St. Catharines.

“Niagara is a truly unique real estate market in that the region is a global crossroads,” said Anthony Hitt, CEO of Engel & Völkers North America. “Homebuyers are drawn to Niagara from all over the

3,925 Views, 0 Comments