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The Engel & Völkers News Brief | December 22, 2017

Friday, December 22nd, 2017 at 11:00am Engel Völkers

E&V News 

Western Farmhouse in Montana’s Scenic Bitterroot Valley
Mansion Global 
The 25,000-square-foot home has its own underground shooting range.

Foreign Ownership of Real Estate Rises in Montreal, New Data Shows
CBC News
Montreal has seen a notable increase in the number of foreign buyers this year, suggesting investors from outside Canada may be shifting their focus to Quebec's largest city after crackdowns in Toronto and Vancouver.

A Virtual Reality Theatre in Minneapolis
Geek Estate
Real estate offices used to be a necessity. Why?

What You Need to Know When Buying/Selling a House With Bitcoin
REAL Trends

What You Need to Know When Buying/Selling a House with Bitcoin Paul Benson, Owner, Engel & Völkers Park City

Hockey Great Wayne Gretzky Scores a Sale in Westlake Village
Chicago Tribune
Hockey legend Wayne Grezky has sold a house in Westlake Village for $3.4 million.

Americas

How the New Tax Bill Will Impact Major U.S. Real Estate Markets
Mansion Global
While locales with high tax rates will take a hit, it may take a few months to know what the legislation means in practice.

The ‘Switzerland of North America’ Smashes Another Investing Record
Bloomberg
Canadian commercial-property investment is on track to break last year’s record, according to CBRE Group Inc. driven by demand for a haven from global instability and a quest for yield.

International

Chinese Demand for UK Properties Up 43 Percent Since 2016 Brexit Vote
World Property Journal
According to Chinese international property portal Juwai.com, the post-Brexit referendum boom in Chinese property buying inquiries still persists, even 18 months after the vote on June 23, 2016.

Luxury Living

You Can Sleep In Luxury Hotels—Where Stravinsky And Wagner Once Stayed
Architectural Digest
If the walls of Amsterdam’s Conservatorium Hotel could talk, they’d have a lot to say—or perhaps, to sing.

 

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