Post-pandemic, which foreign investors will be first to return? It depends on who the president is
Consultant Edward Mermelstein discusses how the election could change the market and where the first international buyers may hail from when COVID-19 travel restrictions lift
A year of relocation: Where luxury buyers moved in 2020
A new report from Coldwell Banker sheds light on where the wealthy moved this year, why they relocated and what they're looking for in a home
by Lillian Dickerson Oct 27
So your rich client wants to buy mom a home. What now?
Gifting someone a house is more complicated than it may seem — here's what you need to know
Kiss frontman Gene Simmons lists Beverly Hills mansion for $22M
Simmons and his wife Sharon Tweed bought it in 1984 for $1.35M
Even amid travel restrictions, Bahamas real estate lures many
Prospective buyers are spending up to $18,000 a month to rent a home in which they can quarantine for 14 days before they start looking at properties
How the pandemic is redefining what luxury means
Engel & Völkers Americas CEO Anthony Hitt on how buyer priorities have shifted, why inventory is tight and what luxury looks like in this new normal
by Andrea V. Brambila Oct 23
20 of the most mindbogglingly expensive homes sold this year
It's been a big real estate year for billionaire buyers David Geffen and Jeff Bezos
Sales of homes in the Hamptons priced above $5M skyrocket 291%
The median sales price in the beachfront community surged 40%, to $1.2M, compared to the same time last year, according to a new report from brokerage Douglas Elliman
by Lillian Dickerson Oct 22
Even amid pandemic, luxury sales soared 42% in Q3: Redfin
Luxury sales skyrocketed in 3Q20, even as the number of confirmed cases peaked at 75K on a single day in July and joblessness claims hovered around 1M a week in early August
Jason Oppenheim and the luxury market he has his eye on next
The Oppenheim Group is considering branching out to Corona Del Mar, in Newport Beach, California. 'I don't think I've told anyone that yet,' Oppenheim told Inman
55-agent Denver indie affiliates with Corcoran
Corcoran Perry & Co. is the eighth franchisee for the Realogy-owned brand and Colorado is the seventh state for the growing franchise operation, which launched earlier this year
by Patrick Kearns Oct 13
COVID is transforming Palm Beach into a primary residence market
Paulette and Dana Koch say the pandemic has fundamentally changed the buyer composition in Palm Beach, with more buyers considering a primary home than ever before
by Lillian Dickerson Oct 12
Why this luxury agent bought a SF condo when everyone is leaving
'This is the first time in a good 10-year run that we've seen a lot more available inventory,' San Francisco broker Tracy McLaughlin told Inman
How did Charlotte's most expensive home sell in only 4 days?
Listing agent Josh Tucker, of HM Properties' Lake Norman office, told Inman the quick sale had a lot to do with setting up the French-style chateau and drawing attention to it ahead of time
Davina Potratz of 'Selling Sunset' to leave Oppenheim Group
The agent is leaving Jason Oppenheim's luxury brokerage and heading for Douglas Elliman in Beverly Hills, where she will focus on new development sales and marketing