Luxury Real Estate

Wealthy billionaires are paying millions in Palm Beach real estate frenzy

By Mike Wheatley | July 17, 2021
The ultra-rich community of Palm Beach, Florida, saw prices hit an all-time high in the second quarter as the number of mansions for sale fell to a record low. Palm Beach saw its median price for a single-family home hit a whopping $11.7 million at the end of the quarter. That’s up 38% from one […]
Luxury Real Estate

The Most Luxurious New Construction Condo Developments in the U.S. Right Now

By Joe Heath | June 15, 2021
Residential construction in the U.S. has slowed a bit in 2019, which isn’t exactly great timing considering housing affordability is at its lowest point in about a decade. Despite declines in both affordability and availability, however, the luxury new construction condo market across the country features more than a few intriguing options, starting with these […]
Luxury Real Estate, Real Estate Marketing, Social Media

YouTube influencers helping agents to sell luxury homes

By Mike Wheatley | May 5, 2021
YouTube influencers are shining a spotlight on luxury real estate, with videos that offer a closer look at some of the mansions of the ultra wealthy. This new trend for focusing on high-end properties has improved YouTube’s status as an “important marketing channel for even the most privacy-obsessed home seller”, the Wall Street Journal reported. […]
Luxury Real Estate

Luxury homeowners are paying thousands to find that perfect "trophy tree"

By Mike Wheatley | April 27, 2021
The rich and wealthy are paying hundreds of thousands of dollars to find that perfect tree for their home
Luxury Real Estate

Beverly Park home sells at auction for record price of $51M

By Mike Wheatley | April 13, 2021
A 28,600-square-foot, Italian-inspired mansion in Beverly Park, Calif., has just gone under the hammer for a whopping $51 million, making it the most expensive home ever sold in a U.S. auction. The buyer of the Villa Firenze also made an additional deal for the home’s furnishings, bringing the total transaction amount to $60 million, the […]
Featured News, Luxury Real Estate, US Real Estate

The true cost of luxury homes is much higher than the price tag

By Mike Wheatley | March 9, 2021
Luxury home buyers are racing to snap up supersized homes with extra upgrades and tons of amenities, but many are at risk of going over their budgets as they do, experts say. The danger, according to Mari Adam, a certified financial planner with Mercer Advisors in Boca Raton, Fla., is that people can buy real […]
Home Sales, Luxury Real Estate

Luxury home demand rises faster than other sectors

By Mike Wheatley | December 15, 2020
Wealthier Americans are upsizing their homes even though the economy struggles amid a never-ending COVID-19 pandemic. A report in Bloomberg last week revealed that demand for multi-million dollar homes is soaring, with prices rising faster than other segments of the real estate market. Applications for mortgages larger than $766,000 were up 59% year over year […]
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