A record 8.5 percent of all U.S. homes are worth $1 million or more, up from 7.6 percent last year and 4 percent before the pandemic, according to a new Redfin analysis. California is adding them faster than other states.
Category: the wall street journal
House made famous by ‘Home Alone’ hits market for $5.25M
The red brick Georgian mansion, known by children all over the world as Kevin McCallister’s home, is back on the market after 12 years and comes with a large Kevin Lego figure for the home theater.
Get into a ‘New York State of Mind’ with the home Billy Joel wrote it in
The house that once helped Joel complete his famous ode to the Empire State has hit the Upstate New York housing market for $2.5 million. In recent years, the property served as a bed-and-breakfast.
Nantucket home sells to Barstool’s Dave Portnoy for record $42M
Portnoy’s waterfront home purchase set a new record for Nantucket and the state of Massachusetts. The estate features a main house, guest house and studio that are connected by an underground tunnel.
Site for Mohamed Hadid’s troubled spec mansion lists for $68M
The LA luxury developer is being forced to sell the 27-acre site, which was slated for an elaborate mega mansion, after a creditor tried to foreclose on the property and Hadid filed a bankruptcy petition.
Tom Ford nabs Jackie O’s former Hamptons summer home at $52M
The deal is just the latest of Tom Ford’s big-ticket transactions, following a $51 million home purchase in Palm Beach at the end of last year and a more recent trading of that home for another mansion in the luxury South Florida market, according to reports.
35 Hudson Yards still sits half empty 10 years later: Report
Now, about four years after sales first launched, Related Companies is offering price cuts and to cover buyers’ closing costs and taxes among other incentives, to try and move more units as sales lag behind expectations, according to a report.
‘It’s going to be a real shock’: Carrie Wells on Aspen’s luxury crackdown
The Coldwell Banker Mason Morse agent sat down with Inman to dish on a zoning proposal that threatens to reduce the size of new homes in Aspen ahead of her talk at Inman Connect Las Vegas.