Oakley founder smashes California record with $210M home sale
The 15,000-square-foot home, which sits on 9.5 acres, was not publicly listed for sale. The deal surpasses a nearly $200M purchase in Malibu by Beyoncé and Jay-Z last year
by Lillian Dickerson Jun 21
Compass CEO Robert Reffkin says the luxury market is back
During his latest CNBC appearance, Compass CEO Robert Reffkin said recent stock market gains have led to a resurgence in luxury sales
by Marian McPherson May 24
On the ground in LA: How a divisive 'mansion tax' altered real estate
The president of Nourmand & Associates briefed Intel on how a new Los Angeles tax on high-priced properties has jolted the local real estate industry
by Lillian Dickerson Nov 29
Compass recommits to North Dallas with new office space
The brokerage has signed a lease for a 14,000-square-foot office space in the recently redeveloped HALL Park in Frisco, Texas, in a commitment to future growth in the region
To win this summer, homebuyers in California are turning every stone
With some of the highest home prices in the nation, California buyers and sellers are having an abnormally difficult time managing higher mortgage rates, agents in the Golden State told Inman
by Marian McPherson Aug 4
Utah's red rock and Florida's coast: 2022's top second-home markets
Second-home mortgage rate locks were most common in Washington County, Utah, and Osceola County, Florida, according to luxury co-ownership company Pacaso's research
by Craig C. Rowe Dec 23
Regret, reduce, relocate: The 6 biggest US luxury trends of 2022
Amid a persistent uptick in interest rates, lingering inflation and economic uncertainty, luxury homebuyers are changing habits ever so slightly. Coldwell Banker notes 6 big trends to watch
by Lillian Dickerson Oct 24
Fredrik Eklund and Thomas Ma announce new agent social app
REAL, which so far has been downloaded 147,500 times, is like a mashup of WhatsApp, Instagram and Zillow for agents and consumers, Eklund said, but at 'lightning speed'
by Lillian Dickerson Jul 21
NYC nears record levels, Miami rivals Palm Beach: SERHANT.
The super-prime market remained resilient, although low inventory and stock market volatility impacted buyers a bit during Q2, SERHANT.'s Garrett Derderian said
by Lillian Dickerson Jun 29
'History repeats itself:' Ryan Serhant warns of an impending luxury slump
Jade Mills, Ryan Serhant, Gary Gold and Mauricio Umansky told the Luxury Connect crowd how to prepare themselves and their clients for a possible downturn
by Marian McPherson Oct 25
Luxury buyers are 'willing to spend a whole lot more than ever before'
The luxury market may be cool right now, but consumers in this tier are savvy and ready to spend, according to Craig Hogan, VP of luxury at Coldwell Banker
Uptick in mansion tax drags NYC luxury sales to 4-year low
Combined with a rising transfer tax, the uptick has caused luxury sales for properties priced above $2M to fall 31.5%
by Marian McPherson Oct 2
Is the luxury market taking a dive?
Fears about possible recession, burgeoning trade war are keeping luxury buyers at bay, says new Redfin report
by Marian McPherson Aug 8
Knock on wood: 5 superstitions that make or break a deal
Whether it's knocking on wood, avoiding black cats, planting a St. Joseph statue upside down or purifying a home with sage, clients frequently adhere to beliefs that might seem puzzling
by Bernice Ross Oct 29
What's hot and what's not: 10 luxury housing trends you can't ignore
5 fads that are hitting the mark with affluent homebuyers and 5 that are past their expiration date
by Cara Ameer Sep 6