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The Engel & Völkers News Brief | April 13, 2018

Friday, April 13th, 2018 at 10:00am Engel Völkers

E&V News

Howard Hughes's Former Florida Property Is on the Market for $17 Million
Town & Country
The 10,000-square-foot home is located on a cove named for the eccentric billionaire in Coconut Grove.

Wayne Gretzky Flips Third California Golf Course Mansion for $4.2M
Mansion Global
The former hockey star has been buying and updating homes in the Sherwood Country Club.

Luxury Liftoff? The 10 Ritzy Regions Where Home Prices Are Soaring the Highest
The data team at® set out to find the luxury neighborhoods where prices are growing—and falling—the fastest. 

‘Flipping Out’ Star Jenni Pulos Says Yes to a Polished Encino Estate
Los Angeles Times
Jenni Pulos, who produces and stars in the Bravo house-flipping show "Flipping Out," has picked up a Traditional home in Encino for $3.2 million, records show.

Redesigned Concord House With 14 Rooms and Academic Past on Sale for $2.7M
The capacious Concord house at 77 Wood Street was once the site of the Nashoba Brooks School, an elementary school.

Luxury Condo Market Booms in Atlanta
Atlanta Agent Magazine
The market for townhomes and condominiums continues to be solid, with condos selling faster in 2017 than in 2016 despite low inventory, according to Engel & Völkers Atlanta’s annual market report.

Live in a Fairytale: 7 Castle Homes
Financial Times
From neo-gothic turrets in the Austrian mountains to a château with a secret garden.

Inside the Most Expensive Part of the World’s Most Expensive City, the Hong Kong Billionaire Enclave Where Alibaba Founder Jack Ma May Have Bought a $191 Million Mansion
Business Insider
Hong Kong has The Peak — short for Victoria Peak — a neighborhood that has been synonymous with wealth, luxury, and exclusivity since the colonial era.


That Apartment Building Boom Is Slowing—So Rent Is About to Accelerate
Goldman Sachs economists suggested a February slowdown in housing inflation was likely temporary. In the March consumer price index data released Wednesday, they were proved right.


Why Sam Zell’s Argentina Investment Could Signal the Next Latin American Real Estate Gold Rush
The international business community was not a fan of Argentina for much of the early 2000s due to tight capital flow and currency regulations, but the election of a new president, Mauricio Macri, in 2015 has ushered in an era of economic reform. 

Luxury Living

Coachella Draws Luxury Placements, Product Promotions
Luxury Daily
Luxury brands including BMW and Swarovski are embracing the music festival scene by aligning with the Coachella Valley Music and Arts Festival. 

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