Ms. O’Connor spoke about various national real estate trends and focused on the luxury market with statistics from Luxury Portfolio Fine Property Collection, the luxury division of LeadingRE. Highlights of her speech included information on significant luxury properties currently for sale such as the Aaron Spelling and Leona Helmsley Estates, the sale of 27 Luxury Portfolio properties priced over $5 million in First Quarter 2009 as well as insight on the “Recession Chic” mentality of today’s value-conscious luxury consumer.
Ms. O’Connor ended the discussion with a brief overview of the rising popularity of social networking, stating that 6 out of 10 wealthy consumers online now use some form of social networking.
Recently, the government in the British Virgin Islands (BVI) announced plans to help stimulate real estate sales by relaxing restrictions for foreign buyers. Learn more from the Luxury Portfolio Fine Property Collection Blog here: Good News For Caribbean Buyers
Associates were also able to network with each other and share information about various market trends across the Metroplex. If this morning’s discussion is any indication, it’s going to be a very busy Second Quarter – the Spring market seems to be in full swing.
You can see candid pics from the event on the Official Ebby Halliday Facebook Page, here.
There are almost 300 Open Houses this weekend for you to search on Ebby.com. Click the “Open House” tab on the Home Search Hub, choose Saturday, Sunday or both, enter your desired criteria and click search. It’s that easy.
Also, don’t forget the Preservation Dallas Spring Architectural Tour tomorrow, tickets are still available here.