How Coronavirus is Impacting Luxury Real Estate
Reposted from Forbes | Dima Williams, Contributor | March 19, 2020 In the final quarter of 2019, luxury real estate in the U.S. rallied both in sale volume and price. The segment posted double-digit sales growth year-over-year for the first time in 2019. The entry price rose by 2.1% to $1.27 million, according to the realtor.com’s latest luxury report. “The stock market was very strong in […]
Investing in Luxury Real Estate
Reposted from Investopedia | By AMY FONTINELLE | Updated Sep 13, 2020 Real estate has long been considered a safe investment, whether you own, flip, or rent. If you have the money, you may want to expand your portfolio into the luxury real estate market. Before you jump in, here are some of your options for investing in […]
The Luxury Market is Bouncing Back
Repost from housingwire.com | By Julia Falcon | June 25, 2020 Chief economist says the luxury market is leading the recovery With home price growth outpacing the overall housing market, it appears that luxury homes are bouncing back as homebuyers returned to the market in full force in May. According to realtor.com’s Luxury Housing Report released on Thursday, the […]
U.S. Luxury Housing Market Saw Prices And Demand Grow In May
Reposted from Forbes | Dima Williams, Contributor | June 25, 2020 Similar to the wider U.S. housing market, which is bouncing back from the early, dampening effects of the coronavirus pandemic, the luxury segment recorded a promising uptick in entry prices, demand and inventory, according to a report by listing website Realtor.com. Defined as the […]
Los Angeles’s Luxury Real Estate Market Might Be Covid-19 Proof
Reposted from Bloomberg | By James Tarmy | July 24, 2020 In late June, Lillian Lim, an independent developer whose company Sea Society LLC buys and renovates homes, listed a 2,400-square-foot craftsman-style home a short walk from the Larchmont Village neighborhood of Los Angeles. She’d bought it for $1.5 million in 2019 and done extensive renovations; […]
Gauging the Luxury Market
Gauging the Outlook for the Luxury Housing Market Reposted from The Washington Post | by Troy McMullen | May 7, 2020 When it launched condominium sales in February, the Towers of the Waldorf Astoria in Manhattan was already girding for market headwinds. After years of excess, home sales on the island were slipping, declining in eight of […]
Selling in Los Angeles
It’s Time to Sell Your Los Angeles Home While it may seem like there’s never really a bad time to sell in Los Angeles, there’s a better time to sell than others. Right now, it’s a great time to sell. The Los Angeles real state market is very hot and selling now could mean cashing […]
California: The Hottest Market of 2017
The Hottest Real Estate Market for 2017: California With home sale prices rising all across the nation, it’s interesting to look back and see which state dominated in 2017. California was the state with the most cities on the list of the hottest real estate markets. This was based on the highest selling price, highest […]
Luxury Homes: Finding the Right Agent
Top 3 Things to Look for in a Luxury Real Estate Agent When it’s time to sell a luxury home, you need the right agent. Not just any real estate agent will do. The luxury real estate market is a different animal and you need the right agent to help you tame that animal. If […]
Selling: An Essential List
An Essential List of Things to Do to Sell Your Home You’ve decided it’s time to sell, so what do you do next? Having a list of essentials to get done before listing your home for sale is vital. Here’s our list of essentials to help you get your home sold fast. Find a Great […]