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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. In a complementary survey of Coldwell Banker Global Luxury Property Specialists, nearly 70% of respondents expressed confidence in the health of the 2024 luxury market.

Buyers 418
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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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Compass launches resort division for agents in vacation-home markets

Housing Wire

Compass is certainly known for luxury property sales , but the nation’s top brokerage based on sales volume is looking to offer even more support to agents working on these types of deals. On Tuesday, the firm launched Compass Resort, a network for agents in vacation-home markets and clients searching for second homes.

Agents 370
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Real estate Instagram accounts: 21 agents & influencers to follow right now

Housing Wire

From luxury property tours to laugh-out-loud real estate memes, these 21 agents and influencers bring the best of the industry right to your phone. The Agency: @theagencyre Content style: High-end, polished luxury showcases The Agencys Instagram is a love letter to the most jaw-dropping luxury properties around the world.

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Compass strikes again with leadership changes in the Southeast

Housing Wire

The future of Compass is bright, and we look forward to continuing to provide the industry-leading tools, technology, and support our agents need to excel as the demand for luxury properties continues to rise.” The veteran development executive established herself as one of the premier brokers in the South Florida region.

Brokerage 370
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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.

Marketing 335
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Single-family rent growth in January puts ‘renewed pressure on renters’

Housing Wire

The luxury market as a whole is poised for success in 2025, according other experts and data providers. Another recent report by Coldwell Banker foretold a trend of luxury market growth this year, mainly driven by increased inventory. CoreLogic also explored the Washington, D.C., market for rent-price growth in January.