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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. Among specialists, 32.8% elections.

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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.

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Concierge Auctions and Luxury Presence team up on marketing

Housing Wire

Luxury real estate auction house Concierge Auctions has entered a co-marketing partnership with proptech startup Luxury Presence , announced today. The partnership also gives Concierge’s agents and brokers access to Luxury Presence s advanced website design, hosting and SEO services.

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

Housing Wire

CoreLogic also noted that SFR price depreciation is occurring in a few markets in Texas , California and Florida. 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.

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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 brokerage has hired industry veteran Nikol Solares as senior managing director of new development marketing. Adam Vellano was promoted to managing director of the South Florida market. And Erika Sheridan was promoted to senior director of marketing and operations in the Southeast.

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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. market for rent-price growth in January. According to the report, the D.C.