Douglas Elliman agent Rachelle Rosten told the Wall Street Journal she was “shocked” to see a huge amount of interest a mid-century modern home that previously appeared in the 1980s TV sitcom The Golden Girls after listing it for sale. The home was quickly sold for more than a million dollars above its asking price.
Baseball fans flock to luxury rentals near ballparks
July 29, 2020 by
Baseball fans missing out on the action due to the coronavirus pandemic are taking desperate measures to get their fill by renting out apartments overlooking stadiums. Some of the units at the West Half luxury rental apartment complex in Washington D.C. for example have a great view of Nationals Park, home of the Washington Nationals,
Coronavirus pandemic sparks growing interest in luxury homes
July 1, 2020 by
The market for luxury homes rebounded in strength last month, rapidly outpacing other market segments in both listing views and price growth, according to the latest Luxury Housing Report from realtor.com. The report found that second home markets in particular were seeing a lot of attention from buyers, as they shift their attention away from
Non-eviction order leads to a rise in luxury home squatting
May 23, 2020 by
With landlords no longer able to evict tenants due to the COVID-19 pandemic, some tenants are taking advantage of the situation by squatting in some luxury, short-term rental homes. As a result, landlords say they’re missing out on thousands of dollars in rental payments. The problem is that some short-term tenants who rented properties just
Zillow sees more listings of high-end homes
May 20, 2020 by
New listings of high-end homes dropped the farthest and fastest when the coronavirus pandemic hit the U.S., while affordable listings were less affected, a new Zillow analysis shows. But as new listings have increased in recent weeks in response to strong buyer demand, more high-end homes are coming onto the market than any other type.
Growing demand for private, isolated homes
March 31, 2020 by
Rental homes in the high-end Hamptons neighborhood is in high demand as the rich and famous look to flee the coronavirus outbreak in New York. Landlords with rentals in the Hamptons say they’re seeing increased demand for homes from a large number of clients, who’re willing to pay whatever it takes. Brick Underground reported that
Artificial lagoons are one of housing hottest amenities
February 20, 2020 by
Home buyers are increasingly being enticed by beachfront-like homes that share stunning neighborhood lagoons for relaxing and leisure. Indeed, the concept of “crystal lagoons” is likely to expand in the U.S., CNBC reported. To date, five lagoon communities exist in two U.S. states, Florida and Texas, and seven more are set to open later this
Luxury apartment building will boom in 2020, experts say
January 21, 2020 by
American building firms are set to construct the highest number of apartments in 2020 for more than 40 years, according to a new analysis from property management software firm RealPage. Many of those new apartments are targeted at the luxury home sector, RealPage added. In total, around 371,000 new rental apartments are expected to be
Zillow says U.S. now boasts 218 ‘million-dollar’ cities
January 16, 2020 by
There are currently 218 million-dollar cities in the U.S. – cities with a typical home value of $1 million or more – three more than at the end of 2018 and 74 more than there were five years ago. The net addition of three $1 million cities is easily the lowest in recent years, according
‘Beverly Hillbillies’ mansion sale sets new record
December 17, 2019 by
A mansion used as the backdrop for the popular 1960s TV show “The Beverly Hillbillies” has just been sold for $150 million, setting a new record for California and becoming the second-most expensive piece of real estate in the country. The home, located in Los Angeles’ ritzy Beverly Hills district, was originally listed privately at
