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Luxury Real Estate
Beverly Park home sells at auction for record price of $51M
By
Mike Wheatley
| April 13, 2021
Featured News
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Luxury Real Estate
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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 […]
Luxury Real Estate
Ultra-wealthy Americans target luxury real estate
By
Mike Wheatley
| October 13, 2020
The net worth of America’s wealthier individuals has increased substantially in the five-month period ending in August, and many are choosing to invest their gains in real estate. That’s according to a report from research firm Wealth-X, which said the recent stock market boom has helped many wealthy individuals in the U.S. to recover wealth […]
Luxury Real Estate
,
US Real Estate
Disinfection rooms take root in luxury apartments
By
Mike Wheatley
| October 6, 2020
UV robots and a sanitizing butler are becoming important commodities in luxury homes as the trend towards so-called “disinfection rooms” gains pace, according to report in Forbes.com. Luxury apartments and condos are increasingly making use of disinfection spaces in order to prevent the spread of germs. But what does a “disinfection room” consist of? According […]
Home Sales
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Luxury Real Estate
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US Real Estate
"The Golden Girls" home sells for $1M over its asking price
By
Mike Wheatley
| August 20, 2020
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. […]
Luxury Real Estate
,
US Real Estate
Coronavirus pandemic sparks growing interest in luxury homes
By
Mike Wheatley
| July 1, 2020
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 […]
Featured News
COVID-19: Some Cautionary Advice in Favor of Worst-Case Scenarios
By
Phil Butler
| March 30, 2020
The coronavirus (COVID-19) pandemic is shattering the global economy, so why is there no objective response from real estate industry experts?
Luxury Real Estate
,
US Real Estate
Owner ups mansion list price by $20M after failing to sell
By
Mike Wheatley
| September 26, 2019
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, […]
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