Haute Residence hosted an Atlantic Coast real estate webinar with Elena Bluntzer, Senior Global Real Estate Advisor at ONE Sotheby’s International Realty and expert on all things real estate in Fisher Island, Miami Beach, FL, and Carolann Clynes, a top agent at Christie's International Real Estate in Summit, NJ, for over 25 years.
The dialogue touched on the latest in their markets and surrounding areas. They were hosted by Haute Living's Erik Haase. Watch the webinar below.
As Haute Residence continues to host industry-leading webinars featuring top real estate agents, developers, brokers and industry insiders, we invite you to sign up for our upcoming webinar:
Monday, June 8th at 2PM EST /11AM PST
"Communication in Post Pandemic America Real Estate Edition". Join experts in real estate PR Jessica Levy, Tadd Schwartz, Elliott Stares, and Amy Zakarin as they reveal their insight on communication post-COVID-19. REGISTER HERE.
Carolann Clynes, Elena Bluntzer
Highlight quotes from today's webinar:
Elena Bluntzer: "There are more opportunities now than before the pandemic. We are seeing an interest in single-family homes. We are seeing more and faster activity, almost to a bidding war. This will drive their values higher than what was previously expected. With condos, prices have not dropped as much as buyers expected... This year, we are already experiencing a lot of northeasterners coming down here... Sellers are much more interested in cash buyers now... I believe staying informed and ahead of the game is going to give us the advantage to help our buyers and sellers... We have to be aware to recalibrate more often than we are used to; there's no way to say there's a new normal. We are shifting every day, every week... It (recent time) has been a lot of self-reflection, organizing, and tweaking. All of that has come into play. I have taken advantage of that as best possible and I know my colleagues have as well."
Carolann Clynes: "It (the pandemic) has given us all a chance to reflect and think about going forward... A lot of buyers and sellers are happy doing things virtually... The typical buyers coming out of the cities want fresh air, more space inside and outside. For a long time in the Summit area, pools have not been popular. We now find that we have more buyers asking for pools... Interest rates are very low, maybe as low as they have ever been, particularly for adjustable-rate mortgages... Even through pandemics and recessions, our values hold quite well. Taxes are stable... We have most of our buyers anxious to buy and moving quickly. We are going from a buyer's market to a seller's market in the high-end, which we haven't seen in quite a while... If all goes well and the pandemic hopefully slows down, the summer will be very busy into September and October... The real estate market is not for the faint of heart. It's a wonderful profession."
To watch more webinars by Haute Residence, visit www.hauteresidence.com.
