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The Engel & Völkers News Brief | November 17, 2017

Friday, November 17th, 2017 at 11:00am Engel & Völkers

E&V News 

Why Seattle Real Estate Will Maintain Its Hot Streak
Forbes
The steady stream of professionals pouring into Seattle is made up mainly of young tech professionals, but there are also other groups of people drawn to the city, like so-called empty-nesters, who move to the downtown area to experience the vibrant arts culture.

Former Dairy Barn in Massachusetts Transformed Into Modern Mansion
Realtor.com 
A converted dairy barn for sale in rural Massachusetts for $925,000 could have many modern design applications for its next owner.

Engel & Völkers Minneapolis Downtown Debuts Virtual Reality Theater
RealTrends
Minnesota’s first VR theater for real estate takes client service to the next level by allowing users to immersively experience 3D listings.

Engel & Völkers: Growing Demand for Residential Property in Milan
RISMedia
The market for residential property in Milan is enjoying increasing levels of demand, according to an Engel & Völkers report.

Americas 

House Republicans Pass Tax Reform Bill
Inman
A tax reform bill that would lower the mortgage interest deduction from $1 million to $500,000, eliminate deductions on moving expenses and severely reduce those on state and local property taxes passed with relative ease in the House of Representatives Thursday afternoon.

Facebook Launches Massive Push into Real Estate Listings 
HousingWire
ZillowTruliaRealtor.comRedfin. All household names in the real estate listings world, right? Well, those companies now have some serious competition from a company that boasts an audience that dwarfs all of those sites put together – Facebook.

Reasons Why the Canadian Property Market Refuses to Fall
CBC
So far low interest rates, a strong economy and large immigration are thwarting the doomsayers.

International

Profound Changes Coming to the Global Retail Property Sector
World Property Journal
The future includes tailored consumer experiences, anytime, any place, with robots.

Luxury Living

Yes, You Can Still Take a Great Vacation in Cuba - Here's How
CNBC
If you've been thinking about taking a once-in-a-lifetime trip to Cuba, you haven't missed your chance.

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