With a recent boost to inventory and steady demand for high-end properties, luxury homeowners are ready to cash out on existing homes and use their cash power to buy a new home, fueling price growth.
Category: Luxury Lens
Forget the NAR settlement. New development transactions still pay
As brokerages pivot to specialized training meant to empower buyer agents, new-home sales still provide plenty of opportunities for intrepid Realtors, development specialist Hana Cha writes.
$188M Palm Beach estate — the city’s priciest — goes into contract
The estate sits alone on its own 2.3-acre man-made island, and went into contract on Monday. The negotiated price and the buyer’s identity are still unknown.
Pacaso is now offering shares in homes for as little as $130K
The new price point marks a strategy shift for the company, which buys homes in vacation markets, converts them into LLCs and sells shares to up to eight buyers.
A man is the face of SERHANT., but the firm is powered by women
You probably know Ryan Serhant and Josh Team pretty well, but how about the firm’s female leaders who are helping to drive it to success?
Bess Freedman says Trump is too late to sell Mar-a-Lago for bond
Mar-a-Lago may be worth hundreds of millions, the Brown Harris Stevens CEO said, but there’s certainly not “enough time” to offload it by Monday when Trump’s $454 million bond is due.
Location, location, location? Price eclipses previous buyer priority
Fifty-six percent of consumers surveyed by Coldwell Banker said that price is the most important factor for them when choosing a home, compared to 50 percent who said location was most important, casting doubt on the seasoned advice that location is everything in homebuying.
Harry Macklowe asks $38M for ‘unlivable’ Hamptons home
The all-white mansion on the shores of Georgica Pond boasts 951 feet of frontage on the exclusive waterfront — but can’t legally be lived in.
‘Buying Beverly Hills’ Season 2 hits Netflix in March
No stranger to making headlines, here’s what founder and CEO Mauricio Umansky has been up to since Season 1 wrapped and what to expect this season.
Corcoran brings on 3rd Houston franchise, Corcoran Genesis
The new franchise, led by owners Nicole and Doug Freer, will service clients in Houston’s suburbs. The couple’s team was No. 1 in Texas based on 2022 sales volume and transaction sides.