More young money enters the real estate market. A new survey by Coldwell Banker Previews International and the Luxury Institute finds that Wealthy younger buyers are driving the luxury real estate market, and they are willing to pay more than similar wealthy buyers age 55 and older. According to the survey of Americans age 21 … Read more
Luxury home values increased in San Francisco, Los Angeles and San Diego in the second quarter of 2013 compared to a year ago, according to the First Republic Prestige Home Index by First Republic Bank. In the second quarter of 2013, the Index indicated the following: San Francisco Bay Area values climbed 10.9% from the … Read more
Top global destinations lead resurgence in luxury residential property market, reports Christie’s International Real Estate in a new study on the global prestige residential market. Entitled Luxury Defined: An Insight into the Luxury Residential Property Market, the report compares 10 of the world’s top property markets—London, New York, Hong Kong, Paris, San Francisco, Cote d’Azur, … Read more
A rare property that embodies the best of Spanish Colonial design signed by renowned architect Wallace Neff and once owned by some of the biggest names in Hollywood was sold for $16.5 million. The authentic Spanish Colonial revival property on North Roxbury Drive in Beverly Hills, was the home of several entertainment industry legends, including … Read more
Banyan Tree to launch Banyan Tree Kerala (India) in Q1 2013 Banyan Tree chain, a leading manager and developer of premium resorts, hotels and spas in the world, announced plans to develop luxury homes and condominiums in Chengdu, the capital of Sichuan province of China. The residential property will be the group’s maiden residential project … Read more
The most expensive homes in China priced at US$47 million Villas at ThaiHot Mansion and Courtyards by the Canal, a property located in the suburbs of eastern Beijing developed by Beijing Taihe Real Estate Development Co., are the most expensive homes in China. “Prepared for the most successful people in all of China”, … Read more