Tag Archives: condo sales

South Florida luxury prices defy gravity while overall market dips

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Luxury prices in the region have continued to rise, as have sales in select hot markets, while the market at large is simultaneously seeing a contraction in prices. Continue reading →

Condo sales fall to 10-year low amid surge in insurance costs, HOA fees

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While home purchases by investors rose 2 percent annually in the first quarter — to 46,726 transactions — condo sales declined by 3 percent, to just 8,509 units, according to data released Wednesday by Redfin. Continue reading →

Condos are selling below list price as fees discourage buyers

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According to a new Redfin report, an overwhelming 68.4 percent of condos sold below their asking price — the highest share in five years. That’s a jump from 63.3 percent last year, signaling a cooling condo market. Continue reading →

Luxury sales surge near Mar-a-Lago as Trump settles into 2nd term

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Luxury home sales have taken off since Donald Trump’s re-election, and Palm Beach, Florida, home to his Mar-a-Lago resort, is at the center of the boom, Mansion Global reported Thursday. Continue reading →

Patriots owner Robert Kraft inks record Palm Beach penthouse sale

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The $23.75 million sale marks the most expensive condo ever sold in Palm Beach, surpassing previous records in the high teens, according to appraisal firm Miller Samuel and property records. Continue reading →

Canadian luxury market beginning to normalize: Engel & Völkers

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Trends like multigenerational living, buying second homes and moving to more rural areas may remain popular in the Canadian luxury real estate market for the long haul, according to Engel & Völkers 2021 Mid-Year Canadian Luxury Real Estate Market … Continue reading →