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Further to our news release from April 23rd where we posted a Luxury Portfolio report on the Emotional Role of Home, we at IRG Ltd are now excited to share the latest news from one our global partner in luxury homes.

Luxury Portfolio members across North America are reporting a steady increase of activity as the market is rebounding along with the economy. This positive trend is especially noticeable in the purchase of second homes, high end buyers has been waiting for the market to heat up and thanks to their proactive investment decisions the market has finally turned a major corner.

The real estate market in Calgary for example has seen a 10% increase over 2012 and in Dallas-Fort Worth luxury home sales are up by 23.2% which is an eye opening number. The spike in Luxury property purchases appears to be on a positive climb further afield as reported by countries like New Zealand, Mauritius and the Dominican Republic.

It is also important to note that the award winning website now features 20% more listing than this time last year. Traffic to the site is also up, attracting 250,000 visits a month from more than 200 countries/territories around the world, a year-over-year increase of 28%. Leads to member brokers are also up almost 40% over this time last year

Here in the captivating Cayman Islands, IRG Ltd have a great selection of luxury homes listed, and as we are Cayman’s preferred Luxury Portfolio partner we are in the position to market these spectacular homes to a global market of discerning buyers and network of property professionals in over 6000 office worldwide. Paired with our unrivalled knowledge of the local market and our intimate understanding of what our investors require in the place they call home our IRG Ltd realtors are in a position where they can provide solid and comprehensive guidance and market analysis to their clients in terms of the residential, commercial, relocation and property asset management markets.

More recently IRG has expanded its skill set and now specialize in property acquisition and disposal strategies for distressed properties, including sealed bids and structured marketing plans for properties in receivership and liquidation.

IRG also provides a full range of professional real estate marketing services with a proven reputation for delivering outstanding results.