Revealed: Global Luxury Property Trends in 2024

Sean Woolley interviews Eric Finnas Dahlstrom, the CEO of James Edition, the world's largest online luxury marketplace, about the latest trends in luxury real estate globally.
Eric explains that James Edition connects high-net-worth buyers with properties in over 100 countries.
James Edition observed a surge in demand for luxury assets during and post-COVID, with lifestyle changes and remote work driving people to relocate to desirable hotspots like Dubai, Marbella, and other global destinations.
Eric highlights the importance of branding for these locations and notes the increasing interest from American buyers in Marbella due to its value for money compared to the US market.
Sean and Eric discuss the evolving real estate market dynamics, emphasizing the importance of video content in facilitating remote property transactions.
They also note the diversification of buyers, with Marbella attracting interest from over 100 nationalities, making it a resilient market. They touch on the need for better data transparency to build trust in property valuations and the role of local governments in promoting infrastructure and incentives for relocation.
Eric mentions that James Edition plans to continue expanding its offerings to help real estate agents and buyers, focusing on providing high-quality listings and leveraging global reach to maintain their market position.

[00:00:00]: Introduction to Sean Woolley and Eric Finnas Dahlström

[00:00:10]: Overview of James Edition and its global reach

[00:01:06]: Luxury real estate market post-COVID

[00:02:16]: Shifts in buyer behavior since COVID

[00:03:40]: Popular hotspots for luxury real estate

[00:04:47]: Dubai's rise as a top luxury destination

[00:05:55]: Impact of political and economic changes on demand

[00:08:01]: Current trends in high-end property transactions

[00:13:45]: Factors influencing relocation decisions

[00:25:00]: Future opportunities for Marbella and surrounding areas

Connect with Eric here:   / ericfd  
Get in touch with James Edition here: https://www.jamesedition.com/

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Sean Woolley is the author of "From The Ground Up: The Insider's Guide to Buying Spanish Property"

Available on Kindle and Paperback
Buy it on Amazon: https://www.amazon.es/dp/B08C1SFBSG/r...