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
Slated for Completion by 2024, the Exclusive Property will Feature 31 Residences in the Heart of Chelsea, One of London’s Most Elite Neighborhoods. Autograph Collection Residences is a growing collection of independently designed homes, handpicked for their creative vision, heartfelt design, and authentic sense of place. Rich in character, these branded luxury homes reflect the … Read more
Highly-curated offering from Homes & Villas by Marriott lands in Australia and New Zealand. From luxurious countryside houses in vineyards, sprawling houses and magnificent lakeview villas, as well as buzzing city apartments and penthouses, guests will have access to a range of different options in the unique collection of private homes in Australia and New … Read more
Luxury-Home Sales Sink 18%, the Biggest Decline Since the Start of the Pandemic. Redfin analysis finds the luxury-housing market is cooling down amid a slumping stock market, rising mortgage rates and economic uncertainty. Sales of luxury U.S. homes fell 17.8% year over year during the three months ending April 30, the largest drop since the … Read more
Coldwell Banker Real Estate LLC, a Realogy (NYSE: RLGY) brand, and the Coldwell Banker Global Luxury program released “The Report: 2022 Global Luxury Market Insights,” an in-depth analysis of emerging worldwide luxury real estate market trends, market growth opportunities and global wealth. Based on data from Wealth-X commissioned by Coldwell Banker Real Estate, the … Read more
Over the past 18 months, homes have doubled as offices, workout spaces, schools, and entertaining spaces. The global pandemic has prompted many HNWIs to reassess the true value and purpose of “home,” and with it, the most important amenities to consider when buying a luxury home. According to Forbes Global Properties’ 2021 Year-End Market … Read more