Christie's Great Estates Sees Opportunities In Current Real Estate Market

Alpine Realty International, the Exclusive Affiliate in Incline Village

On the State of the Market

 New York, NY/Incline Village, NV - Savvy buyers are recognizing opportunities in this challenging economic climate by acquiring real estate while prices are at historic lows and inventories are high, according to Christie's Great Estates. "I believe people will look back on 2009 and regret not buying real estate," says Kay Coughlin, President & CEO. "Trophy estates are being offered for sale, some of which have not been on the market for generations. In a number of locations prices are back to 2001 levels. Prevailing economic forces are creating a value proposition for qualified homebuyers that will not be available for long."

 Alpine Realty International, the exclusive affiliate in Incline Village discusses emerging trends in the local market. "While there is no doubt that the global economy has slowed," says John Krolick, Broker at Alpine Realty International, "we are seeing the return of consumer confidence. Brick and mortar, when invested wisely, have historically proven to be one of your greatest assets."

 Buyers around the world are returning to real estate as well, as evidenced by Significant Sales reported by the international affiliates of Christie's Great Estates. Below are sales from the first half of 2009 with prices listed. 

  About Alpine Realty International

Alpine Realty International is a full service firm that specializes in high end luxury real estate sales, commercial investment properties and property management.  Because of the unique environment of the Tahoe Basin we offer expert guidance through our team of experienced professionals that have a minimum of five years of real estate experience locally.  The office is centrally located in the California Nevada central Sierra region. 

 Through our affiliation with Christie's Great Estates Alpine Realty International provides unparallel access to the world's most discerning clientele.  Our worldwide brand recognition is unmatched with 40 countries with over 850 offices.

  About Christie's Great Estates

Christie's Great Estates is the largest international network of real estate companies dedicated to the sale and marketing of luxury homes and is a subsidiary of Christie's, the world's leading art business. Christie's clients who buy and sell works of art often request real estate services. To satisfy this demand, Great Estates, founded by Kay Coughlin in 1987, was acquired by Christie's in 1995. Today, the Christie's Great Estates global network spans more than 40 countries with 900 offices and approximately 36,000 brokers. Committed to the auction house's two-century-old tradition of exceptional customer service and expertise in high-value marketing, the network achieved total combined sales in excess of US $128 billion.

 Admittance to the Christie's Great Estates network is offered by invitation only to those real estate companies with proven records of success in high-value home sales and who exemplify Christie's traditional value of service. Once awarded affiliate status, brokers may then display the coveted Christie's brand and use the proprietary marketing services of Christie's Great Estates, which has successfully marketed high-value real estate around the globe for more than 20 years. Exceptionally skilled local real estate specialists, a client focused approach, and strategic global marketing to a qualified audience of proven luxury consumers are the hallmarks of Christie's Great Estates.

 For additional information about Christie's Great Estates, please contact Lisa Bessone, Director of Communications, at +1 505 983 8733 or lbessone@christiesge.com.