Luxury home purchases hit record low as buyers eye other investments

Luxury home sales fell 44.6 percent year over year, according to data released Friday by Redfin. Prices are nevertheless still high because inventory is so low, economists say. Continue reading

From ‘White Christmas’ to JFK tryst, this listing has it all

Built for Bing Crosby in 1957, the Rancho Mirage estate has a huge master bedroom, sprawling lawns and a pool — and is a relic of Hollywood’s Golden Age. Continue reading