Embrace Luxury Living in Tahoe’s Premier Mountain Estate
Luxury Homes Blog
by Chelsea White
1M ago
Discover the pinnacle of mountain living with this extraordinary mountain contemporary estate, expertly designed by Tahoe’s esteemed builder, John Brink. Nestled at the end of a cul-de-sac, spanning two lots for maximum privacy, this 5-bed, 7.5-bath sanctuary boasts unparalleled opulence and tranquility. Feast your eyes on breathtaking mountain vistas from every angle, while enjoying the exclusivity of a .87-acre parcel. And if space is what you crave, seize the opportunity to expand with an additional .43-acre vacant parcel available for purchase. Indulge in seamless access to the Home Run sk ..read more
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Demand is Strong for Real Estate in One of Canada’s Fastest Growing Cities
Luxury Homes Blog
by Chelsea White
1M ago
Calgary’s real estate market is expected to be busy throughout 2024 as the population continues to grow but inventory levels remain low.  As part of the current fastest-growing province in Canada, housing continues to be in demand throughout Calgary. Fueled partly by interprovincial migration from more expensive provinces like British Columbia and Ontario, Alberta has seen population increases of 10,000 or more for 5 quarters in a row and is expected to continue to increase into the future, according to Statistics Canada data. Another factor feeding the Calgary real estate market is affor ..read more
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New Listings Increased Across Several of America’s Top Cities Compared to Last Year
Luxury Homes Blog
by Chelsea White
2M ago
Home buyers will have more options as more inventory becomes available for home buyers across the United States compared to last year with Denver, Colorado experiencing the highest year-over-year jump in new listings for January 2024, according to the recent Realtor.com report.  Compared to January 2023, active listings across the United States increased by 7.9%, and new listings were up by 2.8% year-over-year, with more than half of the 50 largest metropolitan areas noting an annual increase.   Out of those cities analyzed in the report, Denver, Colorado had the highest percent ..read more
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Oahu Luxury Market Update & January 2024 Top Sales
Luxury Homes Blog
by Chelsea White
2M ago
The number of luxury single-family homes sold in January remained the same as in December 2023. This is the first time since we’ve been keeping data that January has not had a decrease in sales compared to December, as shown in the chart. The sales volume is still lower than in the previous months, but the low number of sales is primarily due to the lack of inventory. There is a lot of activity in the market and a lot of buyers out there. While the median price increased slightly, price per square foot was up 38%. 57% of homes sold at or above asking price and received 99.2% of the list price ..read more
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Ultra-Luxury Sales Volume Increased in Several Markets in 2023
Luxury Homes Blog
by Chelsea White
2M ago
Wealthy buyers showed continued interest in ultra-luxury real estate in America throughout 2023 as annual sales volumes increased in several markets year-over-year with the highest annual increase in Palm Springs, according to the 2023 Ultra-Luxury Report from Compass. The overall sales volume totaled $26.84 billion across 1,560 transactions, all above $10 million, with vacation and second home markets leading the way. 28 key markets experienced a rise in sales volume despite increased lending values and tight inventory. Of these markets, Palm Springs’s ultra-luxury real estate marke ..read more
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Oahu Luxury Market Update & December 2023 Top Sales
Luxury Homes Blog
by Chelsea White
3M ago
The number of luxury single-family homes and condos decreased compared to November and the past several months. Median price and price per square foot were down 5% and 7% respectively for luxury homes. While it initially appears that homes sold more slowly in December, the Cumulative Days on Market is nearly identical. This measure includes previous attempts to sell with either a different agent or sale by owner; both measures are useful. For luxury condos, the median price dropped significantly in December compared to November. However, the luxury condo price in November was unusually high fo ..read more
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Buffalo Predicted to be One of America’s Hottest Housing Markets for 2024
Luxury Homes Blog
by Chelsea White
3M ago
Zillow released their list of “Hottest Housing Markets of 2024”, based on predicted home value growth, number of homeowner households, amount of home construction, and labor market changes. Even with home values expected to decline 0.2%, Zillow predicted Buffalo, N.Y. to top the list as the hottest housing market for 2024. Thanks to steady home values and a recent increase in job creation and new home construction Buffalo is expected to continue to attract buyers to the city throughout 2024.   Cincinnati placed second in Zillow’s list for top home markets for 2024 greatly due to prev ..read more
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