Did You Know?

DID YOU KNOW? A recent WSJ poll (250,000 votes) to determine which of the 52 homes they featured was the "house of the year", reveals some interesting insights about what a dream house is.... The winning home was a large house in Hawaii. New York and California contributed 36% of the winners. Here are some observations:
  • Readers preferred homes just outside major metropolitan markets. (sales of luxury properties in small and mid-sized markets were up 14%)
  • The 1st, 2nd and 3rd runner-ups were located on the outskirts of two Colorado cities.
  • The median price of the 52 homes was $7 million.
  • Only 6 of the 52 (11.5%) have sold, all below their asking price.
  • The attributes of the 'winning home' were: Modern classic-contemporary design, strong indoor-outdoor connection with large windows and walls of glass and multiple terraces, a yoga pavilion, big open protected (water) views, outdoor spa and health-conscious environment, separate guest house, huge pool.
DID YOU KNOW? In the USA, the number of flights by fractionally owned aircraft increased 4.7% between 2016 and 2017, but the number of on-demand charter flights and flights through jet card memberships rose 9.2% according to ARGUS International. Approximately 25,000-30,000 people hold jet card memberships, versus 8,000-10,000 people who own of private jets.

DID YOU KNOW? The idea of luxury has become more accessible to the mainstream consumer, with everyone believing they can live like a celebrity today. But true luxury still relies on taste that can span generations. (Town and Country)

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