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Luxury Home Prices Are Rising 3-Times Faster Than Non-Luxury Prices

Luxury Home Prices Are Rising 3-Times Faster Than Non-Luxury Prices

by Phil Hall | Jun 30, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median luxury home sale price rose 4.7% year-over-year to $1.37 million during the three months ending May 31, according to a data report from Redfin. That surge is more than triple the 1.5% gain in non-luxury sale prices. Pending sales of luxury homes rose 5.2%...
NYC to Begin Contacting Luxury Property Owners for Mamdani’s New Pied-à-Terre Tax

NYC to Begin Contacting Luxury Property Owners for Mamdani’s New Pied-à-Terre Tax

by Phil Hall | Jun 30, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The administration of New York City Mayor Zohran Mamdani has disclosed how it plans to enforce its new so-called “pied-à-terre tax” on luxury second homes. The New York Post reports the city’s Department of Finance (DOF) will contact the owners of the targeted...
Pat Boone Selling Beverly Hills Home of 66 Years for $22 Million

Pat Boone Selling Beverly Hills Home of 66 Years for $22 Million

by Phil Hall | Jun 24, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

After living in his Beverly Hills estate for the last 66 years, singer-actor Pat Boone has listed the property for sale at $22 million. The home, which spans 7,032 square feet and includes six bedrooms and seven bathrooms, was built in 1939. Mansion Global reports...
Diane Keaton’s ‘Pinterest’ Home in LA Relisted After Another Price Cut

Diane Keaton’s ‘Pinterest’ Home in LA Relisted After Another Price Cut

by Phil Hall | Jun 22, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Los Angeles home of the late Oscar-winning actress Diane Keaton is back on the market with a second steep price cut. MarketWatch reports the 9,206-square-foot property, which Keaton designed and featured in her 2017 book “The House That Pinterest Built,” was first...
Chip and Joanna Gaines List 3 Texas Properties for Sale

Chip and Joanna Gaines List 3 Texas Properties for Sale

by Phil Hall | Jun 19, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Celebrity home renovators Chip and Joanna Gaines have listed three of their most prominent Texas properties for sale. People.com reports the properties include the Historic Waco Castle, also known as Cottonland Castle, which is being offered for $2.7 million. Built in...
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