A few years ago Bloomberg set indices for the Manhattan Luxury Housing market based on our data seen by their terminal subscribers. Kind of cool.
These charts show the reset when the credit crunch began circa 2007-2009. On a ppsf basis (top chart), the luxury market seems to have begun climbing again at the same trajectory that was seen pre-Lehman bankruptcy.
Chart via Realtrends.com
Real Trends, in collaboration with The Wall Street Journal, has recently released 2010's The Thousand, a list of the top-producing real estate agents in the country broken down into four groups of 250 (sales professionals by transactions sides, sales professionals by sales volume, real estate teams by transaction sides, and real estate teams by sales volume). We're most interested in the first category, of course—in plain-speak, how many homes the top real estate agents sold, regardless of whether they represented the buyer or the seller. Hats off to Mike Phillips, of Century 21 All-Pro in Kansas City, Mo., for earning the top spot with 1,268 home sales. Time caught up with third runner-up Jared Jones, a 32-year-old Vegas-based agent who sold 931 homes last year. Distressed properties in the area accounted for most of his business, he explained. "There are a lot of sales of bank-owned properties. And there’s a large pre-foreclosure market—people who need to sell their homes to avoid foreclosure.”
· Top 250 Sales Professionals by Transaction Sides [Real Trends via Inman News]
· The Las Vegas Real Estate Agent Who Sold 931 Homes Last Year [Time]
· The Thousand [Real Trends]
Illustration: Lunchbreath via Core77
On top of the Core77 home page today: editors' picks of the best "stuff" (in general) from last year, including a bookshelf that looks like a hamster wheel, the cover of the first issue of Interiors magazine, and a wire-loop chair. Plus, there's pretty much the coolest Craigslist-themed illustration of all time (above). Consult it the next time that "authentic midcentury chair" begs to be sold.
· The Best of Core77: Our Favorites from 2010 [Core77]
