Coronavirus pandemic sparks growing interest in luxury homes



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 […]

Staying at Home This Summer? Turn Your Backyard into an At-Home Oasis



If the pandemic has you altering your usual summer vacation travel plans, make the best of a bad situation by turning your backyard into your own private resort. Put some of that unused travel budget toward improving your home’s outdoor living space and possibly even improve your home’s value. But even if you don’t have […]

Non-eviction order leads to a rise in luxury home squatting



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



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



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



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



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



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



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 […]

Owner ups mansion list price by $20M after failing to sell



After struggling for more than two years to sell a 20,000 square-foot Beverly Hills mansion even after making several generous price cuts, the owner has now opted for a much more drastic approach – raising the price by a cool $20 million instead. The “Opus” is certainly a luxurious property, with seven bedrooms, 11 bathrooms, […]