{"id":3769090,"date":"2020-12-30T09:22:17","date_gmt":"2020-12-30T14:22:17","guid":{"rendered":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/?p=3769090"},"modified":"2020-12-29T22:11:21","modified_gmt":"2020-12-30T03:11:21","slug":"luxe-christies-international-real-estate-talks-about-2020-success","status":"publish","type":"post","link":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/luxe-christies-international-real-estate-talks-about-2020-success\/","title":{"rendered":"LUXE Christie\u2019s International Real Estate Talks About 2020 Success"},"content":{"rendered":"<p>As the new year approaches, it\u2019s the perfect time to reflect upon what happened to the real estate market during 2020 &#8211; the most unprecedented year of our generation. Let\u2019s rewind for a moment to January and February 2020. The real estate market in Oregon was strong, stronger even than many had predicted. Inventory was up as sellers wanted to sell and buyers wanted to buy. In March when COVID-19 hit, a bit of panic struck the Oregon market, as it did throughout the country, and many sellers decided it was best to pull their homes off the market.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-3769096\" src=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/1-11.jpeg\" alt=\"LUXE Christie\u2019s International Real Estate dec 2020 1\" width=\"1536\" height=\"936\" srcset=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/1-11.jpeg 1536w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/1-11-300x183.jpeg 300w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/1-11-768x468.jpeg 768w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/1-11-1024x624.jpeg 1024w\" sizes=\"(max-width: 1536px) 100vw, 1536px\" \/><span class=\"rtp-photo-credit\">Photo Credit: LUXE Christie\u2019s International Real Estate<\/span><\/p>\n<p>\u201cWe heard dire predictions from experts saying the real estate market was poised for a free fall,\u201d says <strong>Kendra<\/strong> <strong>Ratcliff<\/strong>, vice president and principal broker of LUXE Christie\u2019s International Real Estate. \u201cWhat we experienced, however, was quite the opposite in the high-end luxury market. While there was a brief period of adjustment, our buyers and sellers realized that luxury properties could weather this storm.\u201d<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-3769095\" src=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/2-11.jpeg\" alt=\"LUXE Christie\u2019s International Real Estate dec 2020 2\" width=\"1536\" height=\"1112\" srcset=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/2-11.jpeg 1536w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/2-11-300x217.jpeg 300w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/2-11-768x556.jpeg 768w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/2-11-1024x741.jpeg 1024w\" sizes=\"(max-width: 1536px) 100vw, 1536px\" \/><span class=\"rtp-photo-credit\">Photo Credit: LUXE Christie\u2019s International Real Estate<\/span><\/p>\n<p>Across the country, it was necessary for brokers to adapt to the new selling environment. Using the phenomenal technology available, LUXE Christie\u2019s brokers created new ways for buyers to safely view homes using live virtual tours and videos. Connecting with clients in-person during tours and office meetings was replaced with Zoom meetings, and social media replaced in-person networking. These exciting new marketing tools worked well to reach buyers, and the reinvention of how business was conducted was a success.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-3769094\" src=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/3-10.jpeg\" alt=\"LUXE Christie\u2019s International Real Estate dec 2020 3\" width=\"1536\" height=\"1015\" srcset=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/3-10.jpeg 1536w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/3-10-300x198.jpeg 300w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/3-10-768x508.jpeg 768w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/3-10-1024x677.jpeg 1024w\" sizes=\"(max-width: 1536px) 100vw, 1536px\" \/><span class=\"rtp-photo-credit\">Photo Credit: LUXE Christie\u2019s International Real Estate<\/span><\/p>\n<p>By May, LUXE Christie\u2019s sales of $1 million-plus properties in Oregon were back. \u201cMany buyers were now looking for large homes with properties where their families could easily and safely quarantine,\u201d explains Ratcliff. Homes with space for families to spread out, work remotely and home school were hot, as were properties where recreation opportunities, like pools, sport courts, acreage, or water access, were literally in the backyard.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3769093\" src=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/4-9.jpeg\" alt=\"LUXE Christie\u2019s International Real Estate dec 2020 4\" width=\"1500\" height=\"999\" srcset=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/4-9.jpeg 1500w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/4-9-300x200.jpeg 300w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/4-9-768x511.jpeg 768w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/4-9-1024x682.jpeg 1024w\" sizes=\"(max-width: 1500px) 100vw, 1500px\" \/><span class=\"rtp-photo-credit\">Photo Credit: LUXE Christie\u2019s International Real Estate<\/span><\/p>\n<p>\u201cThe Pacific Northwest was far from immune from the nation\u2019s economic slowdown,\u201d Ratcliff says, \u201cbut the technology, digital media and e-commerce companies based in the region remained stable, and even flourished, with the increase in consumer online spending and use of technology to work from home.\u201d This was a boon for the region and gave many of LUXE Christie\u2019s clients the means to take advantage of the luxury homes that were on the market. \u201cWe also benefitted from an influx of out-of-state, high-net-worth buyers coming to Oregon from states where taxes and business opportunities are prohibitive,\u201d says Ratcliff.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3769092\" src=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/5-9.jpeg\" alt=\"LUXE Christie\u2019s International Real Estate dec 2020 5\" width=\"1536\" height=\"971\" srcset=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/5-9.jpeg 1536w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/5-9-300x190.jpeg 300w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/5-9-768x486.jpeg 768w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/5-9-1024x647.jpeg 1024w\" sizes=\"(max-width: 1536px) 100vw, 1536px\" \/><span class=\"rtp-photo-credit\">Photo Credit: LUXE Christie\u2019s International Real Estate<\/span><\/p>\n<p>With $214 million in closed transactions at the end of 2020, LUXE Christie\u2019s set a new brokerage sales record, proving that market predictions were far from accurate. \u201cThe sheer volume of transactions by LUXE Christie\u2019s International Real Estate brokers coupled with record sales prices and the low number of days on the market &#8211; some as low as 24 hours! &#8211; is a positive indicator for the region\u2019s economy as a whole,\u201d explains Ratcliff.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3769091\" src=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/6-5.jpeg\" alt=\"LUXE Christie\u2019s International Real Estate dec 2020 6\" width=\"1536\" height=\"983\" srcset=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/6-5.jpeg 1536w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/6-5-300x192.jpeg 300w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/6-5-768x492.jpeg 768w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/6-5-1024x655.jpeg 1024w, https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/6-5-388x247.jpeg 388w\" sizes=\"(max-width: 1536px) 100vw, 1536px\" \/><span class=\"rtp-photo-credit\">Photo Credit: LUXE Christie\u2019s International Real Estate<\/span><\/p>\n<p>\u201cCentral Oregon is booming, and the Portland metro area is a solid market that will endure long-term. Looking toward 2021, all indicators point toward Oregon\u2019s high-end real estate market remaining strong,\u201d concludes Ratcliff.<\/p>\n<p>For more information about luxury properties throughout Oregon, please contact Kendra Ratcliff at 503-330-6677 or Kendra@LuxeCIR.com.<\/p>\n<p><em>LUXE Christie&#8217;s\u00a0International is the exclusive real estate company representing the\u00a0Oregon &amp; Washington (SW, Central &amp; Eastern)\u00a0real estate market as a member of the Haute Residence Real Estate Network.\u00a0<a href=\"https:\/\/luxecir.com\/properties\/\" target=\"_blank\" rel=\"noopener\">View all of their listings here.<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>While there was a brief period of adjustment, our buyers and sellers realized that luxury properties could weather this storm.<\/p>\n","protected":false},"author":142,"featured_media":3769096,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,750],"tags":[15816,1580,16527,19006,16409,21694,21695,14237,14604],"class_list":["post-3769090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-real-estate-talk","tag-haute-agent","tag-haute-residence","tag-kendra-ratcliff","tag-luxe-christies-international-real-estate","tag-luxe-christies-international","tag-newberg","tag-newberg-real-estate","tag-oregon","tag-oregon-real-estate","market-oregon"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>LUXE Christie\u2019s International Real Estate Talks About 2020 Success<\/title>\n<meta name=\"description\" content=\"LUXE Christie\u2019s International Real Estate: while there was a brief period of adjustment, buyers and sellers in Oregon real estate realized that luxury...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/luxe-christies-international-real-estate-talks-about-2020-success\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LUXE Christie\u2019s International Real Estate Talks About 2020 Success\" \/>\n<meta property=\"og:description\" content=\"LUXE Christie\u2019s International Real Estate: while there was a brief period of adjustment, buyers and sellers in Oregon real estate realized that luxury...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/luxe-christies-international-real-estate-talks-about-2020-success\/\" \/>\n<meta property=\"og:site_name\" content=\"Haute Residence by Haute Living\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/hauterealestatenetwork\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-30T14:22:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-12-30T03:11:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/wp-content\/uploads\/2020\/12\/1-11.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1536\" \/>\n\t<meta property=\"og:image:height\" content=\"936\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Andres E. 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