As we welcome in 2016, we offer cautious optimism. October and November experienced a slowing of the market, in particular luxury property. We are happy to report that December brought more promising activity - with many high-end sales listings going into contract. We experienced this first hand, with multiple properties entering contract in the $6M-$10M price range.
It would seem that sellers are now pricing with an understanding that the peak has likely come and gone, thus drawing buyers back into the market. As always, our belief is that special property will always sell if priced appropriately and we are hopeful that after what seems to have been a bit of a correction will now lead to more activity in the New Year.
We hope you enjoy our latest edition of our Monthly E-Newsletter and as always, we’d love to hear back from you. We encourage you to join us in the conversation on Facebook, Pinterest, and Instagram.
 
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