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Luxury Real Estate Archive


Hot Property: Hockey Pro Russ Courtnall Passes Off to Britney Spears

(MCT)—Pop star and singing competition judge Britney Spears has bought the Thousand Oaks home of former professional hockey player Russ Courtnall and his wife, actress Paris Vaughan. ...


Hot Properties: Leo Lists Oceanfront Compound; Matthew Modine Buys in Venice

Leo’s Luxury Listing ...


Hot Property: Sharon Stone Sells Beverly Crest Compound for $6.575 Million

(MCT)—Actress Sharon Stone has sold a compound in the Beverly Crest, Los Angeles area for $6.575 million. ...


Tight Inventories almost Bypass Luxury Market

It’s still a buyer’s market for properties selling for more than half a million. Tight inventories driven by negative equity and slow foreclosure processing and rising prices are having much less impact on luxury homes than on less expensive homes. ...


Industry Insight: Tips for Selling in Today’s Luxury Real Estate Market

There are many encouraging signs that point to a luxury real estate market that is making steady strides toward recovery. Nationwide, we are seeing a trend where inventories are lowering, listings are turning over quicker and more buyers are opting to pay cash. These positive signs make the luxury market ...


Big Hitters: 2012 Major League Baseball Homes for Sale

The biggest names in baseball have now departed Florida or Arizona and headed north for the start of the regular season. The rigors of a 162-game season can be tough for anyone, but a bad real estate market can be a big strike out for athletes who are more likely ...


St. Patty’s Pride: A Peek into the Homes of Some of Ireland’s Most Famous

To celebrate St. Patty’s Day, we have put together a shamrock-studded tribute to homes owned by our favorite Irish celebrities, socialites and—to pay homage to a St. Patty’s Day beverage of choice—notable beer tycoons. ...


Basketball Legend Michael Jordan’s Home for Sale

Recently, the longtime personal residence of NBA legend Michael Jordan in Highland Park, Illinois, was presented for sale by Katherine Chez Malkin and will be marketed globally by Luxury Portfolio International. With an asking price of $29 million, the secluded compound ...


Celebrities Not Immune to Foreclosure Crisis

We, the little people, are not alone. Or so say the gossip rags. ...


In Memory: Houston’s Unique New Jersey House

The sad news of Whitney Houston’s death this past Saturday sent shockwaves through the recording industry as well as her worldwide fan base, who adored the singer for her many gifts in acting, modeling and of course her unforgettable and ...


Sotheby’s International Realty Strengthens Brand Presence in Spain

Sotheby’s International Realty Affiliates LLC recently announced its luxury real estate services now are available in Barcelona, Spain with the opening of Barcelona Sotheby’s International Realty. ...


Inside Track: British Architect, Publisher Buy Obama Vineyard Rental

(MCT)—The British architect who designed Wembley Stadium and his wife, a publishing magnate, are the new owners of President Obama's summer retreat, Blue Heron Farm on the Vineyard. ...


Positive Signs: New England Luxury Housing Report

According to the RE/MAX of New England Luxury Housing Report, the high-end price point in many of New England’s Top 15 luxury markets showed steadily increasing prices and offered fewer days on market than the national average, this quarter. ...


Luxury Sales Languish

The end of the spring-summer buying season is taking its toll on luxury properties. Median days on market for homes selling over $500,000 has fallen 40 percent since the peak of the season in May. ...


Luxury Portfolio International Measuring Affluent Consumer Preferences

RISMEDIA, July 21, 2011—Luxury Portfolio International™ recently released a White Paper titled “How Today’s Highly Affluent U.S. Consumer Selects Luxury Real Estate Associates and Brokerages.” The paper, a result of a study conducted by Harrison Group on the luxury real estate market, focuses on affluent American consumer’s wants and needs ...


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