Tag Archives: Luxury Homes

According to Redfin, luxury-home purchases and investment properties plummeted 45% as the supply of luxury homes also nears historic lows.

Redfin reports that the luxury and investment home market has slid 38.1% year-over-year, due to lingering inflationary concerns, high interest rates, and fears of a recession.

Even higher-end homes were not safe to price hikes and bidding wars in 2021, with the luxury market seeing increases.

A new Redfin analysis shows that sales of luxury homes have become more abundant, with growth in this market currently skewed toward some of the biggest metros in the nation.

A new report looked into the factors that impacted the sale of luxury homes toward the end of last year. Here’s what it revealed.

Here’s what a new report revealed about the factors that have been responsible for a softening of home prices for luxury properties.

Per the latest data reported by Trulia, 51.1 percent of listings at the end of 2016 were for luxury homes. What could 2017 have in store for this sought-after property type?