PodcastApartments

Kirsten Jordan Answers Our Million Dollar Questions

Shelly_Chen_web
Dean_Wehrli_web

Shelly Chen

Dean Wehrli

May 5, 2021

What home do you buy when money is well down your list of considerations? Do you buy the penthouse with its own private bowling alley? Maybe Robert De Niro’s or Nelson Rockefeller’s old digs? In this podcast Kirsten Jordan, the newest—and first female—cast member of Million Dollar Listing New York, gives us a glimpse into the luxury real estate market. Read on for some of her key takeaways.

Featured guest

Kirsten Jordan, Million Dollar Listing in New York

Emotions and Home Buying

  • Emotions play a huge role in the home-buying process, and home buying in the luxury sector is no different.
 
  • Luxury home buyers are looking for a “sense of place” to feel like “I have arrived,” whether in the form of river views or tall ceilings or a doorman who greets you by name. Often, though, it’s more about making a statement to the world.
 
  • But don’t forget the numbers. Deep dives into the latest data are indispensable to sell even the highest of the highest-end homes.

The Luxury Sector and Market Cycles

  • The luxury sector is the first to get hit during market corrections.
 
  • Homes that are boutique and unique fare the best during market downturns. The “private club” element of these homes helps keep values afloat, even when pricing of other luxury properties are falling.

Designing for Today and Tomorrow

  • Design trends come and go quickly. Tapping into the insights of design experts is a must to keep up with fast-moving trends.

  • Getting the design right plays a major role in making the sale. Designing a home to be sold years into the future can be tricky due to fickle fads, but the most exceptional designs are timeless.

Want to Subscribe to the New Home Insights Podcast?

The New Home Insights Podcast is available on all major podcast platforms. Click any of the platforms below to subscribe.​

Building Market Intelligence™

Every week, we deliver analysis to over 40,000 subscribers with our Building Market Intelligence™ newsletter. Subscribe to our weekly BMI newsletters to stay current on pressing topics in the housing industry.

About The Author

Shelly Chen
Research Analyst II
Shelly is responsible for working on various research projects as it relates to residential for-sale, including supporting our Burns Home Builder Analysis and Forecast report.
Dean Wehrli
Principal
Dean helps housing sector clients figure out not just what might work and what might not, but why.

Contact Us

If you have any questions about our services or if you would like to speak to one of our experts about we can help your business, please contact Client Relations at clientservices@jbrec.com.

Products and Services Mentioned

New Home Insights Podcast

Issues, interviews, and insights into the U.S. housing market. Monthly takes on what’s happening in the housing market today, and what might be happening tomorrow.

Research Membership

Our research services enable our clients to gauge housing market conditions and better align their business and strategic investments in the housing industry. We provide a thoughtful and unique holistic approach of both quantitative and qualitative analysis to help clients make informed housing investment decisions.

Real Estate Consulting

Our experienced team of consultants helps clients make sound housing investment decisions. We thrive on their success and work with many clients over multiple years and numerous projects. ​

Latest Insights

Design Disruption: Architects’ Floor Plan Forecasts
Keep, Stop, Start: Homebuilding’s Health Kick
$12 Billion Remodeling Boost