Luxury real estate rises as affluent population jumps

Wealthy individuals in the U.S. are showing more desire to own multiple homes, providing a boost to the luxury real estate sector, according to a report from Coldwell Banker. The Report: 2022 Global Luxury Market Insights shows that the world’s affluent population, defined as people with a net worth of more than $5 million, grew

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U.S. sanctions to push Russian investors out of luxury real estate

Russian investors have always been big spenders in America’s luxury real estate sector. But with the U.S. government slapping the country with heavy sanctions in the wake of its invasion of Ukraine, it looks like the party is over for Russian buyers, housing market experts say. One of the biggest hubs for Russian real estate

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Walt Disney Company building themed residential housing development

The Walt Disney Company has announced it’s building a housing development in Southern California based around the theme of “Storyliving by Disney”. The development is being built through a collaboration with DMB Development and will be centered on a 24-acre “grand oasis” that features clear turquoise waters and crystal lagoons. Disney promises those features will

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A Stunning Riviera Villa Offers Rare Direct Sea Access

A luxurious seafront villa in the Provence-Alpes-Côte d’Azur region of southeastern France is a unique property offering every luxury and convenience. The 6,727-square-foot home is situated right on the Mediterranean Sea at Anthéor, in between Cannes and Saint-Tropez. Listed by Carleton Group with the price-on-request, the property is a rate opportunity for direct sea access on

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Crypto whales are targeting the luxury home sector

So-called cryptocurrency whales who have made millions, if not billions in profit from their early investments in Bitcoin and other digital currencies, are said to be flooding the luxury real estate market. The Wall Street Journal says crypto millionaires have made some of the biggest purchases of homes over the last year. For instance, Brian

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America’s most expensive home goes on sale, priced at $295M

The most expensive listing in the U.S., a $295 million, 105,000-square-foot mansion in Los Angeles’ Bel Air neighborhood has just gone on sale. If the home manages to fetch its $295 million asking price, it would set a new record for the most expensive home ever purchased in the U.S. The existing record is $238

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Luxury car maker Bentley is building branded, high-end residences

Bentley Motors is taking advantage of the red hot housing market by putting its branding on a luxury apartment project. The luxury automaker is partnering with Dezer Development on the Bentley Residences condominium in Sunny Isles Beach, Florida. Construction on the first-ever Bentley-branded residential tower in the world will begin in 2023, the company said.

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A South Africa Preserve Hits the Market for $40 Million

Magic Valley in South Africa’s E. Cape is a rare opportunity to own an amazing conservation effort replete fitted with uncompromising luxury.

Wealthy billionaires are paying millions in Palm Beach real estate frenzy

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

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

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

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