The luxury housing market was thriving at the end of 2023. Even with limited inventory and fluctuating interest rates, deep-pocketed buyers remain resolute about what they want (and don't want) in ...
Whether you grew up watching “Lifestyles of the Rich and Famous” or “MTV Cribs,” you were probably enraptured by the homes of the truly wealthy. Today, you may own your own home — and while you wouldn ...
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The median sale price of luxury U.S. homes rose 9% to $1.1 million in the third quarter of 2023 versus a year ago, as a growing share of high-end buyers dodged high mortgage rates by paying in cash, ...
While the national housing market continues to struggle with affordability constraints and elevated mortgage rates, the luxury segment is booming, and projected to reach a total value of more than ...
In the second quarter, sales of ultra-luxury homes priced at $10 million or more surged in New York, Miami and Palm Beach, despite declines in other global markets, according to a Knight Frank report.
The luxury home market is defined as homes priced in the top 5% of prices. In the D.C. metro, that has climbed to $1.7 million, making the region one of the most expensive luxury home markets. Luxury ...
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