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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 417
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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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Top Connecticut agent joins Coldwell Banker Realty

Housing Wire

As a Coldwell Banker global luxury property specialist, she will focus in part on high-end homes, supported by the companys international network and suite of marketing tools. Her strengths as a real estate expert and negotiator, combined with her genuine care and compassion for her clients, make her a perfect fit for our team.

Realty 329
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MORE Seller Financing wants to debunk ‘the bad rap for wraps’

Housing Wire

Next week, MORE will formally launch its seller financing partnership with eXp Luxury the high-end division of eXp Realty. Leahy said this rollout will help introduce the program to more sellers of luxury properties who are struggling to find qualified buyers in a tight lending market.

Sellers 370