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Aspen Property Seeks to Break Sales Record with $105 Million Listing

Aspen Property Seeks to Break Sales Record with $105 Million Listing

by Phil Hall | Aug 30, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The owner of a luxury residence in Aspen is seeking to generate the first home sale in Colorado that goes above the $100 million level. The Wall Street Journal reports the 8.4-acre estate located four miles from Aspen’s downtown has been listed for $105 million. The...
Redfin: 1 in 10 Homes are Worth $1 Million or More

Redfin: 1 in 10 Homes are Worth $1 Million or More

by Phil Hall | Aug 11, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly one in 10 U.S. homes are worth $1 million or more, according to new data from Redfin (NASDAQ:RDFN). “The supply shortage is making many listings feel hot,” said Redfin Economics Research Lead Chen Zhao. “In most of the country, expensive properties that are in...
Cher’s Former Miami Beach Mansion Listed at $42.5 Million

Cher’s Former Miami Beach Mansion Listed at $42.5 Million

by Phil Hall | Aug 3, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Miami Beach mansion that was once home to iconic singer-actress Cher has been listed for sale at $42.5 million. The 0.68-acre property in the La Gorce Island gated community features a 12,450-square-foot residence built in 1953. The Spanish-style residence has six...
Howard Hughes’ One-Time LA Mansion Listed for $23 Million

Howard Hughes’ One-Time LA Mansion Listed for $23 Million

by Phil Hall | Jul 31, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Los Angeles mansion that was the home to Howard Hughes during his rise to prominence as an aviation industry executive and Hollywood filmmaker has been listed for sale at $23 million. The 0.69-acre property is adjacent to the Wilshire Country Club’s eighth hole,...
Mumbai’s Luxury Home Market Sales Up 50% in First Half of 2023

Mumbai’s Luxury Home Market Sales Up 50% in First Half of 2023

by Phil Hall | Jul 27, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

One of the world’s hottest luxury homes markets is Mumbai, India, where the sales of residences costing $1 million and higher increased by 50% during the first half of this year. According to a report in FXCompared.com, the sale of new luxury homes in Mumbai during...
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