Against Grain, Luxury Market Moves Up

Luxury prices are strengthening, with double-digit growth in 20 of the largest markets in the nation—a contrast from the housing market overall, according to the August Luxury Home Index by realtor.com®. The age of inventory in the luxury segment sped up to 121 days, the Index shows. “The conditions in the luxury segment are quite different from […]

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Luxury Market on Record Streak

The luxury market is on a record streak, with double-digit growth in 19 of the largest markets in the nation, according to the July Luxury Home Index by realtor.com®. High-end homes are moving rapidly, with age of inventory at 108 days—11 days faster than in July 2017—and $1 million-plus properties on the rise. “The strong […]

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Luxury Market Swells With $1 Million-Plus Sales

The demand for luxury is staggering. According to the latest Luxury Home Index by realtor.com®, $1 million-plus transactions are up 25 percent year-over-year, with the average property snapped up in 105 days—a tightening window. “Continued growth in high-paying jobs and stock market inertia have reignited many luxury markets this year,” says Javier Vivas, director of Economic […]

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Luxury Homes: How to Tell If You’re Getting a Fair Price

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com: $1 Million a Week, Starting With Quality Leads Don’t Let Clogged Gutters Wreak Havoc on Your Home Easy Tips to Stage Your Home With Toddlers Around Buying a luxury home isn’t as straightforward a process as one […]

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