According to Mansion Global, Manhattan's luxury real estate market recently had its best week in over 6 years, with 38 properties having price tags over $4M entering contract. Low interest rates, a solid stock market, and vaccine availability are credited as the driving forces.
South Florida Real Estate Market In "Super Boom"
Alongside the obvious weather benefits, the locale's open economy, fewer masking requirements, relatively low virus case counts, a vibrant remote working scene, stable politics, and no state income tax, has attracted many financial firms and technology companies to relocate to the area - spurring the market into a "super boom," as stated by Forbes.
Millennials Move Into The Luxury
Millennials have continually been the driving force behind the real estate market over the past few years, representing a majority of transactions. However, over the past few months, low interest rates have allowed Millennials to cash in on entry-level properties and spring into larger homes with prime locations, making a splash in the luxury real estate market, according to Forbes.
Designed by Buchman and Deisler in 1898 and once home to Eleanor Roosevelt, the expansive limestone landmark has played host to New York’s most notable and remains an entertainer’s dream today, comfortably accommodating up to 500 guests.
From the scenic shoreline of the Long Island Sound or the majestic Hudson River to the convenient towns with great schools and easy access to Manhattan, residents enjoy the best of all worlds in Westchester, a sprawling, sophisticated place to live.
Once upon a time, the Hamptons were primarily a resort town for New Yorkers looking for a quick escape from sultry summers in the city… Not any longer. Today, this collection of tony beachfront towns is more than simply the vacation home to a growing percentage of its population.
A-List Homes: 7 Gorgeous Celebrity Homes on the Market
From Malibu to Manhattan, these ultra luxurious homes each host unique design relative to their celebrity owner. We invite you to walk the red carpet with us, as we explore some of the most press-worthy homes across the country.
Stepping into this sky mansion one marvels at endless 300 degree views with bright turquoise waters and powder blue skies through two story windows speckled with sparkling sunlight. Represented by Constantin Gorges.
Rare, one-of-a-kind Italian inspired dream home with over 16,000sf of living space in addition to a spectacular 3,000sf entertainment veranda and 2,200sf of covered patio. Represented by Sally Forster Jones and Shauna Walters.
Magnificent Georgian brick colonial manor set beautifully within this private gated community in Old Westbury. Artistically-inspired and attention to detail is apparent form the moment you enter the residence.
Nestled in Chicago’s West Loop, Embry is a haven of tranquility in the midst of the city. For residents of downtown Chicago, an escape from the chaos is a rare find. For residents of EMBRY, it’s home.
With its location on a tree-lined street just steps from the activity on both Randolph and Madison Streets, EMBRY weaves together the vibrant surrounding neighborhood, inspired sophistication and serene privacy — along with stunning views found nowhere else in the West Loop.
Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.