Luxury home values again posted strong, year-over-year gains in San Francisco, Los Angeles and San Diego,according to the First Republic Prestige Home Index by First Republic Bank Luxury home values increased in San Francisco, Los Angeles and San Diego in the first quarter of 2014 compared to a year ago, In the first quarter of … Read more
Affluent consumers are more likely to purchase a lifestyle property now than they were five years ago. “If the top wishes of wealthy Americans could be expressed in a single dream home, it would be a “lifestyle property” on the waterfront with a multicar collector’s garage, which they designed themselves,” says the just-released Sotheby’s International … Read more
One Hyde Park penthouse believed to be taken by overseas buyer, ‘injecting new vitality’ into capital’s super-prime market
Trends shaping the luxury real estate market globally. Christie’s International Real Estate report. With more millionaires and billionaires in the world than ever before, pent-up demand and increasing consumer confidence, luxury real estate sales surged in 2013 around the world, according to a recent report by Christie’s International Real Estate, the real estate arm of … Read more
2014 Russian Property Investment in Europe. Russian interest in real estate, both domestic and abroad, has increased steadily over the last decade. However, this has led to a lot of conjecture among European estate agents. The western mentality creates the assumption that the typical Russian buyer will be spending an extravagant amount of money in … Read more
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