Canadian luxury market beginning to normalize: Engel & Völkers

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

Demand for luxury Hamptons real estate eclipses its pandemic peak

Sales of single-family homes in the Hamptons have soared 39.4 percent year over year while the total dollar value of home sales increased 90.9 percent to $2.1 billion during the same period. Continue reading

Tennessee mansion comes with a hidden ‘Game of Thrones’ theater

“Top notch sound-proofing, theater system and Game of Thrones design will make you feel like you just stepped into Universal Studios,” reads the listing description. Continue reading

Richard Ferrari named new CEO of Douglas Elliman New York

Former CEO Steven James departed in April for Berkshire Hathaway’s HomeServices of America. Continue reading

Los Angeles team jumps from Compass to rival The Agency

In the latest salvo of an intensifying rivalry between brokerages, a prominent team in Los Angeles is leaving Compass and forming a new team inside of competitor The Agency, the latter brokerage announced Monday. The team departing Compass includes lea… Continue reading

Transitioning into summer, high-end properties are seeing a cool down

As the official start to summer approaches, agents say the market is less chaotic than a few weeks ago, and more high-end luxury properties, in particular, seem to be available and lingering on the market longer. Continue reading

Space tourism means closing gifts could soon be out of this world

Richard Branson’s successful trip to outer space means that space tourism is becoming a reality for the public. How long before it becomes a common perk offered to luxury buyers? Continue reading

Legendary Hamptons property auctioned off for debt repayment

Once listed for as much as $140 million, the estate known as Briar Patch that had belonged to education entrepreneur Chris Whittle, was auctioned off for $700,000 plus $6 million in debt accrued by Whittle. Continue reading