{"id":469,"date":"2014-05-28T14:18:00","date_gmt":"2014-05-28T18:18:00","guid":{"rendered":"http:\/\/www.lizakaufman.com\/?p=469"},"modified":"2014-05-28T14:18:00","modified_gmt":"2014-05-28T18:18:00","slug":"million-dollar-houses","status":"publish","type":"post","link":"https:\/\/kaufmangroup.ca\/en\/2014\/05\/28\/million-dollar-houses\/","title":{"rendered":"Million dollar houses"},"content":{"rendered":"

By St\u00e9phanie Alcaraz-Robinson\u00a0 for the Westmount Examiner Published on May 28, 2014<\/p>\n

Political climate more conducive to selling homes with Liberals in power: local broker<\/h2>\n
It is in Westmount that the highest-priced houses in Montreal can be found – some going for up to $10 million. After an uncertain political climate that pushed some vendors to sell their houses, the luxury house market seems to have stabled after a turbulent winter. \u201cPeople with money where holding back to see what happened in the elections,\u201d said Liza Kaufman, a well-known luxury real estate broker and founding partner of Sotheby\u2019s International Realty Qu\u00e9bec LK. \u201cSome were waiting on the outcome to see if they would stay in their homes, buy a new home or move out of the province.\u201d Some of Kaufman’s clients may have been playing the waiting game, but Louise R\u00e9millard, president and broker at Profusion Immobilier, affiliated with Christie\u2019s International Real Estate said from her perspective, vendors were in a hurry to sell, even at below-market prices. \u201cPeople got scared and were selling at lower prices,\u201d she said. Since the election, the panic has worn off and the market now is more balanced, according to R\u00e9millard. There is a climate of trust and offers are bouncing back to where they were before election speculation began early this winter. One of Remillard’s clients just reached an agreement in principle on a $10-million home, she said. Who buys a $10 million house, anyway?<\/strong> R\u00e9millard also said that her Westmount clients are professionals \u2013 doctors, lawyers and businessmen and women. \u201cSome (clients) also get ‘love money,'” she said, meaning cash coming from parents helping out or inherited money. Often, the sale of such a home comes from the desire to live a smaller, quieter life as the homeowners get on in age. \u201cThe majority of vendors are empty nesters\u201d, said Kaufman. With their kids out of the house, these older couples are seeking a smaller, more convenient housing \u2013 like condos or apartments. Kaufman said such clients \u201ccover the spectrum of successful people.\u201d They can come from the financial world, be entrepreneurs, are retired. They have worked hard all their lives and know can afford to purchase luxury houses. Buying a home is a major investment \u2013 no matter the client, Kaufman said. \u201cI\u2019ve been in this business for over ten years,\u201d saying that she has customers that have been with her from the beginning, selling them their first house, and seeing them upgrade \u2013 babies, promotions, etc. \u201cPeople want to be in Westmount because it is considered the best place to live in Montreal,\u201d she said. Everything is handy for families \u2013 good private schools, numerous parks, abundant merchants. \u201cThere\u2019s a great community life,\u201d said Kaufman. There is a distinct small-town feel to Westmount, but the fact that it is minutes from downtown also adds to the convenience and upscale atmosphere. R\u00e9millard also mentioned about the community life and the strong feeling of belonging as the major advantages to living in Westmount. Kaufman also noted that Westmount attracted foreigners \u2013 an significant segment of her client base. To view full article : http:\/\/www.westmountexaminer.com\/My-neighborhood-\/2014-05-28\/article-3741533\/Million-dollar-houses\/1<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

By St\u00e9phanie Alcaraz-Robinson\u00a0 for the Westmount Examiner Published on May 28, 2014 Political climate more conducive to selling homes with Liberals in power: local broker It is in Westmount that the highest-priced houses in Montreal can be found – some going for up to $10 million. After an uncertain political climate that pushed some vendors […]<\/p>\n","protected":false},"author":4,"featured_media":470,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-469","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/kaufmangroup.ca\/en\/wp-json\/wp\/v2\/posts\/469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kaufmangroup.ca\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kaufmangroup.ca\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kaufmangroup.ca\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/kaufmangroup.ca\/en\/wp-json\/wp\/v2\/comments?post=469"}],"version-history":[{"count":0,"href":"https:\/\/kaufmangroup.ca\/en\/wp-json\/wp\/v2\/posts\/469\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kaufmangroup.ca\/en\/wp-json\/wp\/v2\/media\/470"}],"wp:attachment":[{"href":"https:\/\/kaufmangroup.ca\/en\/wp-json\/wp\/v2\/media?parent=469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kaufmangroup.ca\/en\/wp-json\/wp\/v2\/categories?post=469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kaufmangroup.ca\/en\/wp-json\/wp\/v2\/tags?post=469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}