“Christie’s defined Orange County as a Global Economic Hub and that combined with unmatched communities, amenities, and beaches, helped drive double digit luxury market growth year in 2014," said Mark Hughes, COO, First Team Real Estate.
Irvine, CA (PRWEB) July 07, 2015
The Orange County coast has always been prized for its incredible beaches and communities, and now the global reputation of those amenities is helping fuel an exploding luxury real estate market according to Christie’s International Real Estate’s latest white paper report, Luxury Defined.
“Christie’s understanding and research into global luxury real estate markets is unmatched and to have them confirm that Orange County is a truly global luxury real estate market will help even more buyers and sellers understand how strong this market is,” said Mark Hughes, Chief Operating Officer, First Team Real Estate Christie’s International. “Christie’s defined Orange County as a Global Economic Hub and that combined with unmatched communities, amenities, and beaches, helped drive double digit luxury market growth year in 2014.”
In their Market Spotlight research piece within their global white paper entitled, Luxury Defined, Christie’s International Real Estate found that Orange County coastal luxury real estate prices were 28% higher in October 2014 than twelve months earlier. For more information on the report, go to http://luxurydefined.christiesrealestate.com/blog/market-insights/market-spotlight-orange-county-california.
“Buyers and sellers inside and outside Orange County understand that there is tremendous long term value in the luxury market here,” explained Hughes. “Even with prices climbing at an extremely healthy rate on a twelve month basis, our agents time and again use the resources of our global partnership with Christie’s International and our unmatched local research to identify and achieve great values for buyers and sellers of one-of-a-kind properties.”
ABOUT FIRST TEAM REAL ESTATE CHRISTIE'S INTERNATIONAL
First Team Real Estate Christie's International specializes in selling Orange County's most unique and exclusive properties. As part of the luxury division of Southern California's most trusted real estate company, First Team Real Estate, First Team Real Estate Christie's International has been recognized for its unparalleled level of service for estate buyers and international buyers in major media in Asia and the United States. In 2011, 2012, 2013, 2014 First Team Real Estate Christie's International was recognized as part of the Best Real Estate Company by the annual Orange County Register survey of 100,000 Southern California households. We can be reached at (888) 236-1943 or at firstteam.com.