Meg Averett/Real Estate

03/20/2023

02/23/2023

Salt-water lap pools, energy-efficient fireplaces, electric-car charging stations... what exactly is included in today's forward-thinking luxury home?

Hint: it's a dynamic (and fun) list—our friends at Sotheby's International Realty have explored some of the top features in the 2023 Luxury Outlook Report. Visit luxuryoutlook.com to read the 'Anatomy of an Of-the-Moment Home' today: https://bit.ly/3IkTlvw

02/23/2023

The beauty of Utah

➤ Bryce Canyon National Park (/braɪs/) is an American national park located in southwestern Utah. The major feature of the park is Bryce Canyon, which despite its name, is not a canyon, but a collection of giant natural amphitheaters along the eastern side of the Paunsaugunt Plateau. Bryce is distinctive due to geological structures called hoodoos, formed by frost weathering and stream erosion of the river and lake bed sedimentary rocks. The red, orange, and white colors of the rocks provide spectacular views for park visitors. Bryce Canyon National Park is much smaller and sits at a much higher elevation than nearby Zion National Park. The rim at Bryce varies from 8,000 to 9,000 feet (2,400 to 2,700 m).
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02/20/2023

Happy Presidents Day from all of us here at Summit Sotheby's International Realty!

02/16/2023

No buyer's remorse here; across the U.S., luxury markets that increased in value (and price) when the Covid-19 pandemic began in March 2020 are still holding their value—despite a slightly muted real estate market.

Read the full article and many more in this year's Luxury Outlook Report from Sotheby's International Realty today; visit luxuryoutlook.com for more. https://bit.ly/3lFFecG

02/11/2023

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02/08/2023

What Lies Ahead: Lessons From Past Market Corrections – As markets slow down and move toward a less frenetic sales pace, we see there are potential upsides to market stability after periods of unsustainable growth – particularly for buyers. Stabilizing home prices now herald a shift that is part of the housing market's natural cycle.

Visit luxuryoutlook.com to read this full article and many more in the 2023 Luxury Outlook from Sotheby's International Realty today. https://bit.ly/3leZ2mJ

01/31/2023

Home buyers are finally breathing a collective sigh of relief; amid rising interest rates and uncertain economic conditions, real estate markets are starting to see increases in home inventory – something that could shift the balance of negotiating power back in buyer's favor.

Stay connected with current and upcoming real estate trends; visit luxuryoutlook.com to read this article and more in the 2023 Luxury Outlook Report from Sotheby's International Realty. https://bit.ly/3XhoxSx

01/25/2023

When it comes to passing wealth between generations, property is still king. While millennials make up the largest share of home buyers today, aging baby boomers are now in the process of passing substantial real estate assets down to younger generations. Some economists and financial reporters have even begun referring to this point in time as the 'greatest wealth transfer in modern history'.

Click the link to read the full article (and more) in the 2023 Luxury Outlook Report from Sotheby's International Realty today: https://bit.ly/3Jx66pd

01/18/2023

"Naturehoods" are one of the most desirable trends in real estate today; have you heard of them yet? For Utah residents, spending time outdoors recreating in nature is common. However, for people living in urban areas around the world, it took a global pandemic and the resulting surge of remote work to send property buyers towards the hills — or more specifically, regions with abundant open space and easy access to nature. Now, these pockets of desirable green areas slated for residential developments have been fondly coined “naturehoods”.

Read this full article and more from Sotheby's International Realty in the new 2023 Luxury Outlook Report; click the link or visit luxuryoutlook.com today. https://bit.ly/3XmSkJG