RECORD-SETTING SALES
California’s priciest deal of the year
WELCOME
This year, Estate Media is thrilled to announce a partnership with Homes.com, marking a significant milestone in our commitment to enhancing your real estate experience. We’re also designating Homes.com as the official home search portal for the Estate Elegance newsletter, as this collaboration reflects our shared dedication to innovation and convenience.
Since the start, our team at Estate Media has been committed to putting agents first. We genuinely believe that Homes.com offers the best experience for both agents and consumers, with a "your listing, your lead" model. As the fastest-growing real estate portal in the industry, Homes.com provides an optimal platform for a refined real estate journey. Get ready for a heightened Estate Weekly, as we bring you the latest news and highlights in real estate, along with delivering substantial value to agents through millions of free leads, billions in commission value, and significant savings in referral fees via Homes.com!
With that, let’s get to this week’s top recs and resources.?
SHARPEN YOUR SKILLS
??Today’s Top Podcast Rec:
Why aren’t home prices coming down yet? Scott from Real Estate Report breaks down three key reasons, including hedge funds, Jeff Bezos, and low inventory—plus one ambitious bill that aims to change things.
TRACK THE TRENDS
MARKETS
High stakes and record breaks
Turns out even the ultra-wealthy felt the weight of inflation last year. Between market uncertainty and sluggish stocks, mega-mansion sales dipped for the first time since 2020. Just 29 properties sold for $50 million or more in 2023, compared to 45 in 2022. Most of these high-value properties were sold in luxury pockets across New York, Florida, and California.?
Check out the three biggest real estate deals that defined 2023:
REC ROUNDUP?
The Friday Five
?? Getting Gucci. Glennda’s new boots were made for selling. Here’s why you need a “magic” opportunity, too.
?? Multi-millions. A quick recap of today’s LA housing market—and what’s coming next.?
?? The pyramid house. Featuring two bedrooms, three bathrooms, 96 acres, and two Egyptian pyramids.??
??Social search. How to use social media search to generate new local leads.?
??Low risk, high reward. Why owner financing may be the next major lending trend.
WHAT’S NEW FROM ESTATE MEDIA:
From ‘cookie-cutter’ to curbside charm
If cost-friendly equals cookie-cutter in your local market, Paige Wassel has just the personalization inspo you need to put a unique touch on your space. When the affordable and the ideal don’t quite align, these 13 budget- and DIY-friendly upgrades can make your (or your client’s!) property stand out on a street of sameness.
FEATURED LUXURY LISTING:
Casa del Sueno Sereno
Spanning 9,792 square feet on over three acres, today’s featured listing is the perfect blend of elegance and practicality. From its state-of-the-art equestrian facilities and championship tennis/pickleball court, to its sprawling gardens and resort-like pool, this Rancho Santa Fe estate features an unforgettable experience for high-energy and laid-back lifestyles alike.
MORE FROM ESTATE MEDIA
Our full lineup of real estate reads:
The Glennda Gazette. Real estate, real life, in real time.?
WAS the Newsletter Explore interior design advice and inspiration.
Zillowtastrophes. Unique, weird, and wild real estate.
Estate Elegance. Your daily dive into luxury real estate.?
BEFORE WE GO...
ESTATE RECOMMENDED RESOURCES?
?? WANT TO REACH 20K+ REAL ESTATE PROFESSIONALS RIGHT IN THEIR INBOX?
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