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Median Luxury Home Price at New Record High

Median Luxury Home Price at New Record High

by Phil Hall | Apr 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median-priced U.S. luxury home sold for a record $1.225 million in the first quarter, up 8.7% from a year earlier, according to new data from Redfin (NASDAQ: RDFN). In comparison, the median price for non-luxury homes rose by 4.6% year-over-year to $345,000, also...
$77 Million Aspen Home Sale Breaks Record for Colorado

$77 Million Aspen Home Sale Breaks Record for Colorado

by Phil Hall | Apr 12, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new record was set in the Colorado housing market with the $77 million sale of a 12,655-square-foot home on 60.78 acres of ranchland in Aspen. The Aspen Times reported the 8-bedroom, 11-bathroom home was purchased in a cash deal. The property, which was built in...
Raquel Welch’s Los Angeles Villa Listed for $3.9 Million

Raquel Welch’s Los Angeles Villa Listed for $3.9 Million

by Phil Hall | Apr 11, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Los Angeles mansion of movie sex symbol Raquel Welch has been listed at $3.9 million. Located in the swanky Beverly Glen Circle, the 8,555-square-foot gated hillside property features a three-story, 5,118-square-foot Mediterranean villa with five bedrooms and six...
Residential Sales Begin on Manhattan’s New 1,000-Foot Mixed-Used Tower

Residential Sales Begin on Manhattan’s New 1,000-Foot Mixed-Used Tower

by Phil Hall | Apr 10, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate investment and development firm Rabina has begun residential sales for its forthcoming 1,000-foot mixed-use tower at 520 Fifth Ave. in Midtown Manhattan. The new property will be the tallest residential tower on Fifth Avenue, featuring 100 one- to...
Rupert Murdoch Slashes Price on NYC Triplex Penthouse

Rupert Murdoch Slashes Price on NYC Triplex Penthouse

by Phil Hall | Apr 8, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Media mogul Rupert Murdoch has relisted his Manhattan triplex penthouse at a considerable discount. Mansion Global reported Murdoch’s three-floor, 7,100-square-foot residence at the swank 60-story One Madison tower in the Flatiron District was acquired through a...
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