Housing Market News
Luxury Market
Sales of $2M-Plus Homes Down 16% in the First Quarter, Biggest Year-Over-Year Decline Since 2010
Nationwide, prices for luxury homes dropped 1.6% annually in the first quarter, while sales plummeted 16% and inventory rose 14%. In some cities, though, the luxury market is going strong.
7 Luxury Trends for 2019
Money can’t buy you love but it sure buys a pretty home. These are the top luxury trends and features guaranteed to be on home buyers’ wish lists for 2019.
Sales of $2 Million-Plus Homes Decline for First Time in 2 Years as Prices Tick Up
Volatility on Wall Street and global economic uncertainty may have contributed to a decline in high-priced home sales in the luxury market. The average sale
Luxury Home Prices Up 3.2 Percent Annually in the Third Quarter, the Lowest Growth Rate in Nearly Two Years
Supply of homes priced $2 million or more fell 6 percent from a year earlier, as inventory overall inched up. Luxury home prices rose 3.2
Luxury Home-Price Growth Slows to 5 Percent in the Second Quarter
Despite Cooling in Price Growth, High-End Homes Sold Faster Than Ever
Shrinking Supply Sends Prices for Luxury Homes Up Nearly 8 Percent in First Quarter
Number of Luxury Homes for Sale Fell 20 Percent, Marking Four Consecutive Quarters of Decline
How the Top 1% Fared in the Housing Crash
Five years after the crash, the economy may not be back on its feet, but the ultra-rich are sitting pretty. According to new research done by UC Berkeley, the richest one percent of Americans captured 95 percent of the income growth in the United States between 2009 and 2012. With homes always on our mind, this stunning stat made us wonder: How did the top 1% of homes fare the housing crash?
Luxury Home Sales Hit 6-Year High
As the housing market and the economy both continue to recover, the luxury housing market is making big gains as well.
