luxury real estate market

The United States is the most popular location for second homes among the ultra wealthy, followed by the United Kingdom and Switzerland

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Gain insight into investment strategies of the UHNW population. Luxury home buying has become a truly global enterprise. An increasing number of ultra high net worth (UHNW) individuals are buying non-traditional homes outside their domiciles according to a new study by Wealth-X and the Sotheby’s International Realty. The Wealth-X and Sotheby’s International Realty reports look … Read more

Investors allocating more capital to real estate today but focusing on specific cities

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Real Estate Investment – A major factor in city success. According to research by Jones Lang LaSalle, with real estate investment levels reaching a new high of an estimated ten dollars chasing each dollar of prime assets, real estate is no longer considered a consequence of city success, but is now actively employed to drive … Read more

Wealthy younger buyers are driving the luxury real estate market: Coldwell

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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

Limited inventory and growing demand driving California’s luxury real estate market

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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

San Francisco, Los Angeles and San Diego luxury home market values increase year-over-year

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Luxury home market values on the rise. Luxury home values increased in San Francisco, Los Angeles and San Diego in the first quarter of 2013 compared to a year ago, according to the First Republic Prestige Home Index by First Republic Bank, one of the leading private bank and wealth management company. “Luxury home prices … Read more