What Recession? The Luxury Housing Market Is Back and Vacation Destinations Are Hot

realtyexperts Real Estate News

Wouldn’t it be nice to leave the big-city apartment or the cramped, suburban house behind and weather the pandemic in a sprawling house in a resort area?

The post What Recession? The Luxury Housing Market Is Back and Vacation Destinations Are Hot appeared first on Real Estate News & Insights | realtor.com®.

What Recession? The Luxury Housing Market Is Back and Vacation Destinations Are Hot

realtyexperts Real Estate News

Wouldn’t it be nice to leave the big-city apartment or the cramped, suburban house behind and weather the pandemic in a sprawling house in a resort area?

The post What Recession? The Luxury Housing Market Is Back and Vacation Destinations Are Hot appeared first on Real Estate News & Insights | realtor.com®.

Luxury House Flipping Is on the Rise, but Still Lower Than Before the Recession

realtyexperts Real Estate News

Luxury house flipping has increased throughout the U.S. In 2018, 2.6% of homes valued at over $1 million were flipped, compared to 2.2% the previous year.

The post Luxury House Flipping Is on the Rise, but Still Lower Than Before the Recession appeared first on Real Estate News & Insights | realtor.com®.

Trump Tariffs Have Hit U.S. Home Builders Hard, but Luxury Market Is Mostly Unscathed

realtyexperts Real Estate News

Developers of high-end homes are tweaking their designs in response to Trump’s soaring steel, aluminum, and lumber costs.

The post Trump Tariffs Have Hit U.S. Home Builders Hard, but Luxury Market Is Mostly Unscathed appeared first on Real Estate News & Insights | realtor.com®.

Reno, Nevada, Luxury Prices Soar Amid General Housing Shortage

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Luxury housing in Reno, Nevada, is experiencing some of the fastest price growth in the U.S., as the city suffers from extremely limited housing stock, according to data released Thursday from realtor.com.

The post Reno, Nevada, Luxury Prices Soar Amid General Housing Shortage appeared first on Real Estate News & Insights | realtor.com®.