real estate
The real estate, interior design and fine art sectors, in particular, are experiencing correlated growth. High-end real estate buyers are often interested in art as a financial investment and this synergy is evident in collaborations between real estate agencies and art curators, where art is not only used for staging but also offered as part of the property package. Today we’re focusing on one specific aspect of the market: sculpture and its broader implications for The Industry as a whole.
What do smaller home sizes mean for design trends and a designer’s role in helping homeowners create the spaces of their dreams?
His first foray into home rehabbing involved gutting and re-envisioning a 1920’s residence in Beverly Grove. Once on the market, that home received multiple offers and sold within a week. With his latest real estate investment, 8671 Clifton, Saghian has a bold new concept: His goal is to sell the Beverly Hills home, then stay on as the interior designer, working every step of the way with the new owners to create a truly customized dream home.
“We’re thrilled to partner with 1stDibs and provide our agents with first-class service and access to luxury design,” said Mauricio Umansky, CEO and Founder of The Agency. “Our brands share a remarkable synergy, and through this partnership, we can leverage our combined capabilities to offer our agents enhanced access to services that truly differentiate The Agency.”
We’re also seeing a generational shift in how people view shopping and buying. Why is this happening? Because the older generations were accumulators and the younger generations, well, not so much. we have a generation of accumulators shedding their belongings and not restocking. And we have younger generations who are less interested in shopping as sport and more worried about the environmental impact of their purchases. Oh, and they have relatively fewer financial resources than some previous generations at the same point in their lives.