Tag Archives: luxury

The Pinnacle Group joins forces with Douglas Elliman

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The eight-person team, established by agent Elaine Bannigan, will now work out of Douglas Elliman’s new office in Wellesley, Massachusetts, the company exclusively told Inman. Continue reading →

Luxury home purchases hit record low as buyers eye other investments

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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 →

The Nassimi Group hitches its wagon to Douglas Elliman

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Formerly an independent brokerage, The Nassimi Group has relinquished its indie status to become a 10-person team under Douglas Elliman. In 2022, Richard Nassimi closed roughly $80 million in sales volume. Continue reading →

Realty ONE Group plants flag in Cayman Islands and Cyprus

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The new franchises add to the brand’s presence across the globe in more than 400 offices in 49 states, Washington D.C., Puerto Rico, Canada and several other countries. Continue reading →

Florida top producers Adam Levy and John D’Amico join Compass

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The agents join Compass from Berkshire Hathaway HomeServices and boast at least 25 years of experience in the industry, Compass exclusively told Inman. Continue reading →

US dominates the globe with most ultra-high-net-worth homeowners

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The U.S. notched 14 spots among 20 global cities in a new analysis of homeowners with a net worth of at least $30 million. New York City clinched the top spot on a list compiled by REALM and WealthX. Continue reading →

There are 1.25 million fewer million-dollar homes in America in 2023

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The share of $1 million homes in the U.S. dropped from a high of 8.6 percent in June 2022 to approximately 7 percent in January, due in part to higher mortgage rates that have cut into homebuyer purchasing power. Continue reading →

Corcoran breaks into Europe with forthcoming Italian affiliate

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The firm, previously known as Immobiliare Magri, will officially launch as Corcoran Magri Properties sometime in the next several weeks led by Maddalena Magri, the brokerage exclusively told Inman. Continue reading →

Christie’s affiliate owners: In a downturn, spend money (prudently)

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The two-day Christie’s International Real Estate conference in the Cayman Islands drew broker-owners — including Aaron Kirman in his debut at the event — from four continents and around two dozen U.S. states. Continue reading →

It’s a Bel Air mansion with its own $25,000 fragrance. But why?

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Designer César Giraldo believes the decision to conjure a custom branded fragrance for a single homeowner at 1859 Bel Air Road will pay off by bridging marketing, design and emotional appeal. Continue reading →