Strength of the U.S. dollar and rising costs of living have U.S. affluent buyers looking abroad for their dream home, according to new Coldwell Banker Global Luxury data. Whether it is the desire for warmer weather, better prices or experiences around the world, wealthy U.S. buyers want to move abroad. According to a recent survey … Read more
High-end home buyers are backing off as rising interest rates, inflation, a tepid stock market and economic uncertainty make it less feasible to purchase luxury goods. Redfin Reports Luxury-Home Purchases Plummet 28%, the Biggest Drop on Record. Sales of luxury U.S. homes fell 28.1% year over year during the three months ending Aug. 31, 2022, … Read more
Top Housing Markets: Tech Hubs and State Capitals Will Dominate 2021, according to realtor.com study. Sacramento, Calif., San Jose, Calif. and Charlotte, N.C. are forecasted to see the highest home price appreciation and sales growth in 2021. 2021 Top Real Estate Markets, based on realtor.com’s local market forecast. Millennial homebuyers, relative affordability, and … Read more
10 Important Strategies When Buying a Luxury Home If you make a lot of money or come into an inheritance, one of your first major purchases will likely be a luxury home.Buying a nice, large home in a great neighborhood can significantly increase your quality of life, and give your family the comfortable living … Read more
The housing shortage in the U.S. is now affecting the top of the housing market, says Report. Luxury home prices rose 7.5 percent in the second quarter of 2017 compared to last year, to an average of $1.79 million, according to the latest luxury housing market report by real estate brokerage Redfin. Redfin’s analysis tracks … Read more
International buyers of residential real estate in the U.S. don’t have a significant impact on the overall housing market. They are more influential at the top end of the market, according to the 2017 Q2 Zillow Home Price Expectations Survey. The quarterly survey, conducted by Pulsenomics LLC, asked more than 100 housing experts and economists … Read more