Rich Foreign Buyers may see NYC Luxury Market as Bargain
May 6, 2013 by Doors Of Your Life · Leave a Comment
New York commands some of the highest prices in the world for its real estate, but is a relative bargain compared to other alpha cities when it comes to upfront costs, the Wall Street Journal reported. A new report seen by the Journal compares the cost of buying and selling a $15.26 million property in [...]
Top 2 Luxury Real Estate Markets in US – Hollywood and Aspen!
April 12, 2013 by Doors Of Your Life · Leave a Comment
High end property sales are climbing – along with the country’s housing market – and Aspen is once again at the top of the luxury sales mountain. Coldwell Banker’s recent Luxury Market Report ranks Aspen second – behind Beverly Hills – for 2012 sales greater than $5 million and $10 million. Aspen’s 81611 saw 48 [...]
Millennium Tower in San Francisco is a $750M sellout
April 5, 2013 by Doors Of Your Life · Leave a Comment
Five years and $750 million later, the West Coast’s most luxurious condo project is sold out. Millennium Tower, a glassy slate-blue 60-story highrise at 301 Mission St., closed the last of its 419 units, the company said. Despite selling through the worst economic collapse since the Great Depression, the tower generated $750 million in sales, [...]
The Most Expensive Listing In US History?
February 26, 2013 by Doors Of Your Life · Leave a Comment
Casa Encantada Reportedly Lists for $225,000,000! Gary Winnick, a financier who is CEO of Pacific Capital Group, is making waves in the real estate world after discretely putting his 7.5-acre Bel Air estate on the market. Curbed reports that the Winnick is asking $225 million, which would make it the most expensive residence ever to [...]
The 20 Most Expensive Homes Sold In 2012
January 17, 2013 by Doors Of Your Life · Leave a Comment
Number 20 on the list is the home of Yammer CEO David Sacks, who reportedly bought the 22,000 sq ft mansion on San Francisco’s “Billionaire’s Row” for $34.5 million, making it the most expensive home ever sold in the city, according to Truila. Click here to see the rest of the list: The 20 Most [...]
Luxury Bay Area Homes Selling Briskly
January 2, 2013 by Doors Of Your Life · Leave a Comment
For months, Jeff Paster, a developer of luxury homes in Marin County, couldn’t find a buyer for the brand-new Belvedere waterfront mansion he listed in January for $45 million. So he put it up for auction Sunday, but then canceled it when a mystery buyer stepped forward with an undisclosed offer – somewhere north of [...]
Luxury Living in San Francisco
December 13, 2012 by Doors Of Your Life · Leave a Comment
It would be impossible to condense everything that makes San Francisco great into a few sentences. Our landmark city is steeped in history and full of monuments that help make it the world-famous metropolis it is. The San Francisco luxury home market is one of the hottest in the country and those lucky enough to [...]
San Francisco Luxury Home Market Update
July 21, 2012 by Doors Of Your Life · Leave a Comment
The luxury home segment in San Francisco — typically defined as homes selling for over $1,500,000 — makes up about 11% of the overall home market in the city (by unit sales; much more by dollar volume). One of the most interesting dynamics playing out right now in the SF luxury home market is the [...]
5 Tips for Buying a Multimillion Dollar Mansion
June 21, 2012 by Doors Of Your Life · Leave a Comment
The ultra-high-end real estate market is sizzling in spite of a weak general housing market, meaning if you’re in the market for a trophy home, now’s a good time to sell. But buying a home with a price tag of more than $3 million can prove to be a bit trickier than navigating the run-of-the-mill [...]
Follow the Tech Industry for Luxury-Home Listings
June 13, 2012 by Doors Of Your Life · Leave a Comment
Where tech is booming, the luxury real-estate sector probably isn’t far behind. A recent data crunch by real-estate listings and information company Zillow showed that in the roughly 3½-month period between Facebook filing its IPO paperwork and its shares starting to trade, the proportion of million-dollar listings in Menlo Park, Calif., where the company is [...]
