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Luxury Real Estate

Luxury home sales up 25% in August (Slideshow)
www.bizjournals.com

The number of luxury homes under contract in metro Denver in August climbed 25 percent, with 610 homes placed under contract last month, compared with 485 in the same month a year ago. Coldwell Banker compiled data from multiple-listing service …

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Douglas Elliman and Knight Frank Residential jointly marketing luxury listings
www.inman.com

Douglas Elliman Real Estate and Knight Frank Residential are teaming up to jointly market U.S. luxury listings to wealthy buyers around the world under a “global brand alliance.” The brokerages will share marketing resources for domestic and …

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$1 million parking spot highlights the insanity of New York real estate
autos.yahoo.com

If you're shopping for a luxury condominium in New York City, chances are having a designated parking spot is more important than a building with a gym, or even a view. Hell, you'd probably ditch the doorman, too. The problem is that parking seldom …

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Kata Rocks Phuket announces November opening
www.property-report.com

The property also has an easy access to Kata Village, the nearby commercial district filled with luxury shops. All 34 individual Sky Villas at Kata Rocks Phuket feature an interactive iPad-controlled system that is connected to room service and the …

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Underwater Luxury Homes Rise Above the Tide
online.wsj.com

Baltimore had the highest rate of underwater luxury homes at 5.8%, followed by Phoenix; Riverside, Calif.; Chicago; Atlanta; Orlando, Fla.; Tampa, Fla.; Detroit; St. Louis and Philadelphia. Across these 10 markets, home values are down an average 24.6% …

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CBRE TAPPED TO MARKET NEW PEMBROKE PINES LUXURY RESIDENTIAL …
www.realestaterama.com

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees …

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Luxury Homes: Priced to Sell at $30 Million
online.wsj.com

Luxury homes are selling faster than last year, according to data through July from listing website Realtor.com. And while bigger price tags typically mean more days on the market, homes listed for over $30 million spent less time idling than their …

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Trotting Out New Luxury
www.nytimes.com

“They are a big departure from the existing housing stock,” said Liam McCarthy, the founder of JMKBK, a local real estate broker specializing in rentals. First out of the gate will be 33 Caton, an eight-story, 126-unit building named Kestrel, after a …

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Builders focus on niche segment as the vibrant luxury real estate market …
indiatoday.intoday.in

The economic slowdown had proved to be an acid test for real estate developers, but many believe that the slowdown is for the masses and not the classes. The luxury real estate market still manages to be vibrant in India, even as players in the segment …

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