Remove 2023 Remove Buyers Remove Luxury Properties
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Luxury Market Heats Up as Affluent Buyers Seek ‘Forever Homes’

Appraisal Buzz

The bi-annual report reveals a resilient luxury real estate market in the first six months of 2024 that is slightly outpacing performance from the equivalent period in 2023. Sales of $1 million-plus single-family properties increased by 2.66% in the first six months of 2024, according to the Institute for Luxury Home Marketing.

Buyers 417
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It’s all smiles for the 2025 luxury housing market

Housing Wire

housing market was relatively slow in 2024, experts say the luxury sector was an outlier and they are anticipating even stronger conditions in 2025. According to The Trend Report released Monday by Coldwell Banker s Global Luxury program, the brands luxury property specialists expect more luxury buyers to reenter the market in 2025.

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Coldwell Banker Realty welcomes top-performing New England agent 

Housing Wire

Wood was previously affiliated with Keller Williams Prestige Properties in Stamford, Connecticut, where he worked for almost seven years. In 2023, Wood had more than $25 million in sales production and completed more than 35 transactions in Connecticut, New York and Massachusetts, according to a Coldwell Banker news release.

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While the Austin housing market isn’t sizzling, agents say it is still warm

Housing Wire

Buyers are still buying and sellers are still selling. We definitely noticed a downturn last year, which coincided with interest rates going up, and buyers just put the brakes on things and wanted to wait to see what was going to happen. Michaels also noted that his business is still seeing a steady stream of out-of-town buyers. “We

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Top futuristic home features buyers are looking for in 2023

Inman

We’re in an era where cutting-edge intelligent home features and functions are demanded by many luxury property buyers.

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What are the trending interior design colors for 2023?

Inman

When listing a luxury property, agents must bear in mind that buyers’ expectations are higher than ever. They want to see a home that aligns with the aspirational architectural content they watch and read. And color can effectively illustrate that designer lifestyle.

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Agents in Illinois grapple with the state’s housing inventory shortage

Housing Wire

Census Bureau , the state lost 32,826 residents from July 2022 to July 2023. Kingsbury said homes at lower price points have the largest buyer pools and are frequently subject to the stiffest competition. Additionally, Redfin ranked Peoria as the Illinois metro with the fastest-growing sales price in December 2023.

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