Who is buying and selling real estate in the next three years? Globally 38% are interested in buying compared to only 23% who want to sell.
Global Luxury Market Update
- By Jim Lowenstern
- Posted
Who is buying and selling real estate in the next three years? Globally 38% are interested in buying compared to only 23% who want to sell.

Kendall Square is now among the most expensive business districts in the U.S. Business rental prices in Cambridge are now comparable to Manhattan or San Francisco.

Defining the luxury real estate market isn't simple. From Boston to Miami to Los Angeles, the word luxury has a different definition. In some areas, luxury is defined as anything over $1 million. In pricey parts of Los Angeles, single-family homes often are listed at $5 million and [...]
According to a new residential sales report released Wednesday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, residential home sales rose 3.5 percent in August– a better-than-expected turnout, signifying a healthy economy and a strong market.

According to Money Magazine, Newton, MA tops the United States livability charts yet again.

Castles Unlimited features the finest homes in the Greater Boston area, and the finest homes in the Greater Boston area feature the finest bedrooms. We’ve chosen three stand-out properties with bedrooms that exude comfort, drive envy, and are now available and on the market. These rooms stand out among similar properties with breathtaking views, tremendous lighting, unique atmospheres, and welcoming ambiances.

Unfazed by associations with cell blocks and parking garages, more homeowners are discovering that concrete is the chameleon of construction. It can take on the texture of wood or glass, an artist’s palette of color beyond drab gray and, with the addition of structural fibers and plasticizers, is less prone to cracking. According to surveys, poured and precast concrete is most popular in the luxury sector—accounting for 4.1% of high-end homes built last year. That marks a steady increase in the demand for luxury concrete since the recession low in 2012, when such homes accounted for just 1.9% of new construction. Investing in concrete construction with high-end finishes may pay off in resale value–– Realtors now recognize that polished concrete floors are a very popular design element.

The luxury market is on a record streak, boasting double-digit growth in 19 of the largest markets in the nation for the first time in over four years.
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It seems that shortage is coming to a close, at least in higher-tier markets...
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Mortgage rates in America are slowly but surely building momentum.
The average 30-year, fixed rate mortgage is now up for the second straight week...
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Just over 50% of homes in the nation have risen past their peak value prior to the recession...
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According to recent data from the Luxury Home Index by realtor.com®, $1 million-plus transactions are increasing annually at a rate of 25%...
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Buying homes as close as a 15 minute radius out from city centers can save thousands on housing costs...
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