Tag Archives: Luxury

Luxury consumers brought fresh energy to the housing market in 2023 as their ability to pay cash for a home and ignore the lock-in effect increased, according to a new Coldwell Banker Global Program report.

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

Whether it is a home or a neighborhood, a study found that homebuyers play favorites too. Here’s why.