National Association of Realtors (NAR)

National Association of Realtors (NAR)

There are currently 198 blog entries related to this category.

February 2023 - Jean-Luc Andriot - Top 6 Home Design Trends for JeanLuc Andriot blog 020123

Over the past few years, many of us have spent extra time at home—and that means we appreciate the personal design touches that make a house cozy and comfortable more than ever. Some of us have adapted our dwellings in new ways, from creating functional home offices to upgrading the appliances we use most.

But while it’s important to make your home your own, it’s also smart to think about the long-term impact your renovations could have on its value. Choosing highly-personalized fixtures and finishes can make it harder for future homebuyers to envision themselves in the space. Even if you don’t plan to sell your home soon, investing in popular design choices that are likely to stand the test of time will make things easier down the road.

And if

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Jean-Luc Andriot Luxury market report Boca Raton January 2023 for Jean-Luc Andriot blog 012023

As I am a member of The Institute for Luxury Marketing, I thought I would share with you their January 2023 report for Boca Raton - Delray Beach.

It is your guide to a general analysis on the trends and comparative data on the top-residential markets in the Boca Raton - Delray Beach area.

Statistics are separated between single family homes and condominiums / townhomes in Boca Raton - Delray Beach.

At the national level:

A Year in Review - 2022

The best way to describe 2022 might be that it started with a ‘boom’ and ended with a ‘fizzle’ – certainly this is an apt description when looking at the declining sales each month over the last year. At the start of 2022, new inventory, especially for property types in high demand, flew off the

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January 2023 - Jean-Luc Andriot - Blog Post Image for Jean-Luc Andriot blog 010423

Last year, one factor drove the real estate market more than any other: rising mortgage rates.

In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation.1 And while some market sectors have been slow to respond, the housing market has reacted accordingly.

Both demand and price appreciation have tapered, as the primary challenge for homebuyers has shifted from availability to affordability. And although this higher-mortgage rate environment has been a painful adjustment for many buyers and sellers, it should ultimately lead to a more stable and balanced real estate market.

So what can we expect in 2023? Will mortgage rates continue to climb? Could home prices come crashing down? While

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From Realtorcom, Conan O’Brien Reportedly Lands Another SoCal Beach House for Jean-Luc Andriot blog 092722

Sylvester Stallone is looking for a massive profit on his Hidden Hills, CA, home after less than a year. 
The “Rocky” star is selling the four-bedroom home he bought with wife Jennifer Flavin in February for $18.2 million, according to TMZ.

The couple made the move after selling their longtime Beverly Hills compound, bedecked with a poolside “Rocky” statue. Adele reportedly purchased the property for $58 million in early 2022.

The Hidden Hills mansion is apparently “expendable.” Stallone has listed the 10,460-square-foot home for $22.5 million.

Read on

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From Realtor.com, Tech Billionaire Meg Whitman Aims To Unload Her L.A. Home for $5.5M for Jean-Luc Andriot blog 122122

She’s a whip-smart executive, but she might take a loss this time.
Meg Whitman, who helped turn eBay into a multibillion-dollar behemoth and later served as CEO at Hewlett Packard Enterprise, has listed her West Hollywood, CA, home for a million dollars less than what she paid for it, according to Dirt.
Whitman snapped up the two-bedroom, two-bath, 2,300-square-foot home in 2018 for $6,500,000. She listed it for her purchase price in 2020, before taking it off the market a few months later.
It’s now available for $5,495,000.
The billionaire is currently serving as the U.S. ambassador to Kenya, so she’s spending less time in Southern California.
The lovely all-white condo she’s parting with is on the 24th floor of the Sierra Towers building. Previous

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As I am a member of The Institute for Luxury Marketing, I thought I would share with you their December 2022 report for Boca Raton - Delray Beach.

It is your guide to a general analysis on the trends and comparative data on the top-residential markets in the Boca Raton - Delray Beach area.

Statistics are separated between single family homes and condominiums / townhomes in Boca Raton - Delray Beach.

At the national level:

Taking the Long View

Markets Continue to Cool

The most notable trends in the current market are the continued decline in the volume of sales and inventory levels as well as the number of new listings entering the market. To some degree, this is not unexpected as we head towards the quieter real estate months of

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Jean-Luc Andriot Boca Raton - Delray Beach Luxury market report November 2022 for Jean-Luc Andriot blog 112122

As I am a member of The Institute for Luxury Marketing, I thought I would share with you their November 2022 report for Boca Raton - Delray Beach.

It is your guide to a general analysis on the trends and comparative data on the top-residential markets in the Boca Raton - Delray Beach area.

Statistics are separated between single family homes and condominiums / townhomes in Boca Raton - Delray Beach.

At the national level:

Challenging Times in a Market Full of Contradictions

There is little doubt the luxury real estate market is facing some interesting challenges that even have experts contradicting each other in their predictions and assumptions. 
Statistics in many luxury markets still show that they are favorable to sellers – so why are

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November 2022 - Jean-Luc Andriot - Blog Post Image for Jean-Luc Andriot blog 110222

Over the past few years, a real estate buying frenzy bid up home prices to eye-popping amounts. However, as mortgage rates have risen, buyer demand has cooled. 1 Consequently, home sellers who enter the market today may need to reset their expectations.

The reality is, it’s no longer enough to stick a “for sale” sign in the yard and wait for buyers to bang down the door. If you want to net the most money possible for your property in today’s market, you’ll need an effective game plan and a skilled team of professionals to implement it.

Fortunately, we’ve developed a listing strategy that combines our proven approach to preparation, pricing, and promotion—all designed to help you get top dollar for your home. But you will play an important role in

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