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

Appraisal Buzz

Demand for “have-it-all” properties and the “forever dream home” will shape this spring’s luxury housing market, according to the Coldwell Banker Global Luxury 2024 Mid-Year Trend Report , which forecasts growing optimism among affluent consumers and an influx of desirable inventory.

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Luxury housing market inspires ‘total frenzy’ in vacation boom towns

Housing Wire

In the third quarter, luxury home sales jumped 41.5% , the biggest year-over-year shift since 2013, according to Redfin. And while real estate agents repping luxury homes aren’t seeing as many bidding wars as they did this summer , their respective housing markets are still crazy right now. 1, and runs through May 1. “We’ve

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CoreLogic: Single-family rent growth drops to four-year low

Housing Wire

CoreLogic surveyed properties in nearly 100 U.S. The reported pointed out that price growth for high-end rentals, attributed to luxury properties , outpaced properties priced at the lowest end. metros — including 43 that covered all four tiers.

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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. Overall, the agents surveyed have a positive outlook for the year, driven by renewed confidence in the market, a larger selection of desirable properties and more purchasing power.

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Single-family rent growth in January puts ‘renewed pressure on renters’

Housing Wire

Another recent report by Coldwell Banker foretold a trend of luxury market growth this year, mainly driven by increased inventory. Growing home prices and rents for luxury properties could represent greater demand for high-end listings. market for rent-price growth in January. According to the report, the D.C.

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

Housing Wire

It is nearly April, which means temperatures in the Austin metropolitan area are heating up — and so is the housing market. If it is priced at a higher price point, it may also sit a bit longer because your buyer pool is smaller, so that is a challenge for more of the luxury properties that are going up.”

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Concierge Auctions and Luxury Presence team up on marketing

Housing Wire

The partnership also gives Concierge’s agents and brokers access to Luxury Presence s advanced website design, hosting and SEO services. “This partnership underscores our commitment to providing cutting-edge resources to help our agents thrive in the digital landscape and reach their most discerning clients.

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