Luxury Real Estate

Toll Brothers leans on luxury to navigate homebuilding’s headwinds

For Toll Brothers, whose enviable core customers are ones whose financial wherewithal effectively shields them from worries about high prices and high interest rates, the question is not “can they buy?” It’s will they? And will they buy now? “America’s Luxury Homebuilder” continues to rely on its move-up, active adult, and luxury segments — and […]

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APEX Residential enters Arizona luxury market

APEX Residential has officially launched in Arizona, entering the state’s luxury real estate sector with what its leaders describe as a commitment to integrity, strategic representation and elevated client service. The firm is led by founder and managing member Kirk Linehan and founding partners Jim Cavanaugh, Marilyn Cavanaugh, Jonathan Leaman, Hayley Jamison and Bridget Landry.

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High-end metros see price drops, longer selling times

Pricier metropolitan areas are posting a noticeable slowdown as high-end homes take longer to sell. The top 10% of metro markets — those with median prices above $666,464 — recorded a 2.5% year-over-year price decline in October, HousingWire Data shows. Average home prices in these metros fell from $1.04 million to $1.01 million, marking a

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Elsafy Team’s journey to $80M in sales and a new home at Keller Williams

Essam Elsafy, founder of The Elsafy Team, has quietly become one of Wisconsin’s most successful real estate leaders, guiding his team to top statewide rankings. The Whitefish Bay–based group, now nine members strong, ranked No. 3 among Wisconsin medium-sized teams by sales volume in 2024, according to RealTrends Verified. So far this year, the team

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Luxury real estate market projected to exceed $330B by 2030

While much of the U.S. housing market faces affordability pressures and elevated mortgage rates, the luxury sector continues to expand. A new Mordor Intelligence report projects the high-end residential market will exceed $338 billion by 2030, up from roughly $289 billion today. The firm reports that although the West accounted for a third of luxury

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Top California team joins Equity Union Real Estate

Equity Union Real Estate announced Thursday that Dennis and Yana Chernov, along with The Chernov Team, have joined the Los Angeles-based brokerage. The Chernov Team — known for its work in luxury real estate — specializes in new construction and residential sales, including traditional homes and condominiums. The group ranked No. 13 nationally by RealTrends

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Coldwell Banker affiliate changes ownership in West Virginia

Coldwell Banker Yost — a longtime real estate firm serving southern West Virginia — has been acquired by Nathan Hendrick and will operate under the new name Coldwell Banker Hendrick Real Estate. The acquired company has operated in West Virginia for more than 25 years and was previously owned by Steve Yost, who will remain

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Luxury homebuyers getting more bang for their buck in Atlanta, Denver

While the national entry point for luxury homes edged down slightly in September, buyers with a million-dollar budget can find significantly more space in some regions than others, according to Realtor.com’s latest Housing Market Luxury Report. The report shows that in metros such as Atlanta, Denver and Houston, luxury homes priced between $1 million and

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The Casa Team expands Douglas Elliman operations to Miami

The Casa Team by Chiqui Delgado and Edgar Marquez at Douglas Elliman is expanding its operations from New York City to Miami. The real estate team brings more than two decades of combined experience in sales, media, design and law. “Chiqui and Edgar bring an exceptional combination of sales expertise, legal insight, media influence and

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eXp Luxury unveils division for high-profile clients

eXp Realty has unveiled eXp Sports & Entertainment — a new division within eXp Luxury aimed at serving professional athletes, entertainers and other high-profile clients. The announcement was made Tuesday during eXpCon Miami, the brokerage’s annual real estate conference. eXp Sports & Entertainment provides agents with certification, branding tools and access to a global network

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