Luxury Portfolio
Luxury real estate insiders optimistic about year ahead as market normalizes: LPI report
By LISA KLEIN Brokers surveyed by Luxury Portfolio International, the leading global network of independent luxury real estate brokers, for its third installment of 2022’s State of Luxury Real Estate (SOLRE) claimed they were optimistic about 2023 even as the market normalizes. For this edition, Luxury Portfolio looked at the industry from the perspective of true experts – its member brokerages – in a survey revealing what luxury agents and brokers are experiencing in their various markets right now. “This on-the-ground, in-the-trenches research gives unparalleled access into what many of the industry’s most successful luxury real estate agents are currently seeing – and all during one of the most extraordinary times the industry has ever experienced,” said Mickey Alam Khan, New York-based president of Luxury Portfolio International®.
Design tips to make outdoor spaces feel like home
By LISA KLEIN Whether a home lies on an expansive estate or has just enough room for a quaint outdoor garden, space for entertaining and at least part-time living outdoors is a must for any luxury property. The ultimate outdoor hangout need not be complicated or include many bells and whistles. Keeping it simple while adding some relaxing, personal touches are all it takes to create a place that the whole family will love.
Head to the ranch for a wild Western getaway
By LISA KLEIN Many travelers are looking for ways to unplug from the screens and phones of daily life and spend some time in the wild. Luxury ranches are giving guests a respite from technology and a return to nature with an authentic taste of the American West, with some added high-end touches. “You’re going to experience wildlife encounters and you’re going to have a luxury experience as well,” said Jeremy Belnap, general manager of the Ranch at Rock Creek, a working cattle ranch in Philipsburg, Montana.
Stock up on bar essentials to make summer cocktails a breeze
By LISA KLEIN From daquiris, mojitos and margaritas to the classic paloma, Aperol spritz and French 75 to anything that includes lemonade or ends in “fizz,” sunny day drinks are easy to make but require ingredients and supplies that may not always be on hand. Having a thoughtfully stocked and ready-to-serve bar, or bar cart if short on space, is a great way to be prepared for impromptu garden parties to toast the summer with friends and family. “As a great host, you want your bar to look great and functional – a good and inviting bar cart always starts with the essentials,” said Miranda Hodge, digital content producer for ReserveBar, a one-stop online shop for premium spirits and bar accessories.
LUXURY HOUR: Register for October webinar, Timothy Corrigan on Design Trends for 2023
Timothy Corrigan is one of the world's leading tastemakers, known for combining European elegance and California comfort. The AD100 interior designer has been in business since 1998, working on homes across the world, from apartments to chateaux. He has been featured in numerous prestigious magazines and has licensed collections with many leading interiors manufacturers.
50K
Properties marketed annually
550
Brokerages in the network
$55.8B
Current website inventory
$2.5M
Average property value