Luxury Housing Market
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Luxury Market on Record Streak
August 14th, 2018
The luxury market is on a record streak, with double-digit growth in 19 of the largest markets in the nation, according to the July Luxury Home Index by realtor.com®. High-end homes are moving rapidly, with age of inventory at 108...
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Against Grain, Luxury Market Moves Up
September 29th, 2018
Luxury prices are strengthening, with double-digit growth in 20 of the largest markets in the nation—a contrast from the housing market overall, according to the August Luxury Home Index by realtor.com®. The age of inventory in the luxury segment sped...
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Defining the Levels of Luxury—and How Agents Can Exceed Expectations at the High-End
October 2nd, 2018
From decor and design to dollars spent, homebuyers in the high-end market are unique, driven by a firm link between their portfolio of property and wealth. What characteristics define high-net worth individuals today? According to Coldwell Banker Global Luxury and...
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Luxury Market Swells With $1 Million-Plus Sales
July 12th, 2018
The demand for luxury is staggering. According to the latest Luxury Home Index by realtor.com®, $1 million-plus transactions are up 25 percent year-over-year, with the average property snapped up in 105 days—a tightening window. “Continued growth in high-paying jobs and...
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Realtor.com: Luxury Softens as Supply Tops Demand
January 7th, 2018
2017’s housing market was characterized by absent inventory and climbing prices—but at the higher end, those indicators softened, according to new realtor.com® research. “Although 2017 was another strong year for the luxury housing market, it was once again outperformed by...