Luxury Real Estate Blog and News
Realtors who use professional real estate photographs sell listed homes 32 percent faster than all other listings, according to a new study of Chicago-area real estate sales by VHT Studios.
CHICAGO – Luxury Portfolio International® has expanded its global footprint with the addition of 15 new member firms in the first quarter of the year, with extended coverage throughout Europe, as well as the U.S. and Canada. The network has also welcomed two new communities to its Luxury Development Collection, further supporting the network’s growth. Luxury Portfolio represents more than 200 market-leading real estate firms specializing in the high-end real estate market and is the luxury component of Leading Real Estate Companies of the World®, an organization encompassing over 500 companies with 140,000 sales associates worldwide. International firms joining the network include ART EMLAK (Istanbul, Turkey); BlueHouse (Prague, Czech Republic); CI Exclusive Properties (Geneva, Switzerland); Rustic Corner (Barcelona, Spain); Sally McGarr Realty Corp. (Niagara-on-the-Lake, Canada) and SPACE Gayrimenkul Danismanlik (Istanbul, Turkey).
A 26-room, 27,000-square-foot mansion in Winnetka officially came on the market on Tuesday for $28 million, making it the single highest-priced listing in the Chicago area. Known as Le Grand Reve, meaning The Big Dream, the six-bedroom, chateau-style mansion sits on 2.04 acres. Constructed in the last few years and completed in 2008, the two-story limestone mansion was designed by Los Angeles architect Richard Landry.