Gone are the days when $1M could buy a luxury home

In many coastal metros, million-dollar neighborhoods are no longer the exception, but the rule — and this change has caused a shift in what constitutes luxury homes …

California and New York City drive luxury home sales

Spanning July 2014 to June 2015, nine major metros, along with one smaller market, accounted for a combined 18,878 luxury sales transactions where the price tag exceeded $1 million …