“There is a lack of inventory in the (luxury) sales market,” Greenblatt said. “Those who just sold their units need a replacement property, but are often unable to find any.” For lack of better alternatives, these sellers are being forced into rentals …

According to Fauzi Ahmad, director of communications at Wealth-X, UHNW investors in Germany currently allot an estimated 12 percent of their wealth on luxury real estate assets. “In the next five years we expect Germany's population to keep up with the …

The failed investments include a luxury resort and vineyard in Napa County, Calif., ultra-luxury homes in Hawaii, and large tracts of land in Arizona and Idaho. The ventures prompted the fund's staffers and board members to travel extensively over the …

Team Chodorow has more than 40 years of experience in the business of luxury real estate and the entire staff is committed to providing every client with top-notch service, guidance and assistance through every real estate transaction. The website …

Chinese investors' global hunt for prime real estate is helping drive Vancouver home prices to record highs and the city, long among top destinations for wealthy mainland buyers, is feeling the bonanza's unwelcome side-effects. The latest wave of …

New levies on luxury homes in London and a U.S.-led global crackdown on hiding assets will also probably attract the affluent to Monaco, which already counts pop stars, Formula One drivers and Russian billionaires among its inhabitants. One in three of …

Celalettin Cerrah, former İstanbul Police Department chief and former governor of Osmaniye, owns another two luxury apartments in addition to his two multimillion-dollar residences in the controversial 16:9 (Onaltıdokuz) towers in İstanbul's …

For $1.6 million, you too can live on the 38-acre property of Oscar-winning actress Renee Zellweger. The farm estate in Pomfret, Conn. at 96 Cotton Road includes a main Colonial-Federal residence, a guest cottage, a recreation barn, and outbuildings.

“The second quarter was extraordinarily strong,” said Joel Goodrich of Coldwell Banker in San Francisco. “Almost three-quarters of the homes sold for over the asking price. A large percentage of those properties sold for 10 percent over the asking price.