Luxury Real Estate

By Brian Langhorst

LuxuryRealEstate.com is very proud to associate with many of the top brokerage houses in New York City. There are several markets that are doing very well this year with strong activity throughout the luxury price ranges.

New York City has just announced that for the first three months of 2008 the average listing price in Manhattan is up 33.5 percent from the same period last year. This information was published in The New York Times and is courtesy of Prudential Douglas Elliman, our member, and the appraisal firm Miller Samuel Inc.

I think this information points to some very positive aspects of our industry and feel that the news is not helping the diligent efforts of our REALTORS® to accurately inform the public about the true status of the market.

Please let us know how things are going in your market!


Editor’s Note:
Brian Langhorst is LuxuryRealEstate.com’s Membership Manager. He meets members’ unique needs through the dynamic services LuxuryRealEstate.com provides. I’ve never had the pleasure of visiting New York City, but I keep hearing wonderful things about it. It is astonishing how the strong New York’s market is right now, and it is certainly welcome news.

By Robert Lockard

Every year, Ultimate Homes magazine lists the top 1,000 most-expensive homes in the United States, and in the recent issue the competition between the different luxury-broker networks isn’t even close. LuxuryRealEstate.com has more than twice the number of luxury properties on the list as the closest network. Check it out:

ULTIMATE NETWORKS / ORGANIZATIONS
HERE’S HOW POPULAR FRANCHISE/AFFILIATE COMPANIES AND MEMBERSHIP ORGANIZATIONS STACKED UP THIS YEAR:

Who’s Who in Luxury Real Estate (LuxuryRealEstate.com) . . . . 420
Sotheby’s International Realty . . . . . . . . . . 205
Leading Real Estate Companies of the World (Luxury Portfolio) . . . 173
Christie’s Great Estates . . . . . . . . . . . . . 130
Coldwell Banker (Previews International) . . . . . . . . . . 113
Prudential Real Estate . . . . . . . . . . . . . . . 83
The Institute for Luxury Home Marketing . . . . . . . . . . . 27

Prudential Douglas Elliman Real Estate, Brown Harris Stevens, Premier Estate Properties, Inc., Slifer Smith & Frampton, Alain Pinel Realtors and Frank Hardy, Inc. Realtors represent properties on this list of high-end properties. I guess www.luxuryrealestate.com is the most-viewed luxury real estate website in the world for a good reason. How wonderful!


Editor’s Note:
Robert Lockard is the Public Relations & Media Specialist with LuxuryRealEstate.com. I am Robert. I create all of LuxuryRealEstate.com’s newsletters, write the editorials in LuxuryRealEstate.com Magazine and much more. This is very exciting news because it shows that LuxuryRealEstate.com is definitely the top luxury real estate network. By the way, you can read a news release on this story here.