Redfin reports that affluent homebuyers drove luxury home sales to the highest third-quarter level on record, growing nearly three times faster than non-luxury home prices. Click through to read the full analysis.
Read More »New Home Purchase Apps Dip in May
Continued elevated demand and the high cost of building materials are impacting mortgage applications for new homes for the second consecutive month.
Read More »Vacation Spots Trending as Interest in Second Homes Surges
The demand for second homes is at a five-year-high. Here are some of the most coveted U.S. locations for buying vacation homes this year.
Read More »Luxury Housing Market Booms as Affordable Home Sales Falter
The third quarter saw the largest increase of luxury home sales since 2013 with a 41.5% increase year-over-year, according to a report from Redfin. At the same time, ...
Read More »Luxury Home Prices Fall in June
Homes in the highest price range are “particularly sensitive” to economic uncertainty. Click through to read more.
Read More »Luxury Home Sales Rebound in Q2
Average sales prices for luxury homes increased 1% year-over-year to $1.64 million in Q2 2019, rebounding from a 1.7% drop in Q1 2019, according to new data from ...
Read More »Golden Outlook for California Housing Market?
A new report reveals that April saw some signs of growth for the housing market in California, but the Golden State’s two largest markets are slow to recover.
Read More »Price Growth Slows for Luxury Homes
Inventory shortage hit luxury homes, with price growth for high-end properties slowing down in Q2, according to a report. But what factor is helping the wealthiest buyers find their preferred home?
Read More »Will Additional Charges on Luxury Housing Help Govt. Revenue?
A recent research examined how much revenue a state government could generate by levying charges similar to property tax surcharge on luxury homes. Click through to read the findings and which state stood to benefit the most from such a tax.
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