Although there are many naysayers talking about the “softening” of the real estate market in the U.S., Douglas Elliman sold $6.4 Billion of real estate nationwide during the 2nd quarter of 2016, which is up from its already remarkable $5.5 Billion a year earlier in Q2 of 2015. Furthermore, during the first 6 months of the year (Q1 & Q2 combined in 2016), Douglas Elliman closed sales worth $12.1 Billion, which is up from $9.6 Billion during the first half of 2015, according to Vector Group, Douglas Elliman’s parent company. These statistics clearly show that despite the so-called “softening” of the real estate market, Douglas Elliman still manages to break records.
CLICK HERE to read the full article about Douglas Elliman’s remarkable real estate stats and profits so far this year.
If you, or someone you know, are interested in buying or selling real estate in Miami, please contact Michael Light, Director of Luxury Sales at Douglas Elliman. You may reach me on my cell at (786) 566-1700, directly at my office at (305) 350-9842 or via email at michael@miamiluxuryhomes.com.
About Douglas Elliman
Established in 1911, Douglas Elliman has grown to become the 4th largest real estate firm in the United States and the most reputable luxury real estate firm in the country. As the market leaders in New York, South Florida, California, Connecticut, Colorado and New Jersey, Douglas Elliman has closed $22+ billion per year in sales volume and 37,800 sales and rental transactions per year. In addition, Douglas Elliman has strategically partnered with Knight Frank Residential of London to extend their powerful real estate network to 489 offices in 58 countries across 6 continents.