Despite today’s home values becoming more sensitive to changing mortgage interest rates, the homeownership rate is expected to climb above its long-term average in the next five years. Source: New feed

Rising interest rates and tighter government regulations have contributed to diverging real estate trends in Canada’s luxury market. Source: New feed

While modular or “tiny” homes have found a niche among today’s minimalist-minded consumers, Berkshire Hathaway’s Designer Cottages is looking to bring the trend to the affluent homebuyer. Source: New feed

Luxury real estate sales in New York’s Manhattan borough saw a 25 percent drop off in the fourth quarter of 2018 from their high in the fourth quarter of 2015, according to residential brokerage firm Stribling & Associates. Source: New…

For major ski areas, it is a seller’s market for luxury resorts due to a significant lack of inventory, and Lake Tahoe in Nevada is reaping the benefits ahead of others. Source: New feed

Real estate firm Douglas Elliman will be wholly controlled by its parent company, Vector Group, as the latter buys the remaining shares. Source: New feed

Luxury real estate brokerage Engel & Völkers is celebrating a successful year for its division in the Los Cabos, Mexico area. Source: New feed

With the Federal Reserve raising interest rates four times in 2018, most recently this December, it is too soon to know how much of an impact this will have on the luxury real estate market. The risk is real. Source:…

Faith Consolo, the chairman of real estate brokerage Douglas Elliman’s Retail Group, died suddenly on Dec. 23 at the age of 69. Source: New feed

Now that millennials have reached an age where home buying is becoming a reality, luxury real estate has seen significant shifts in trends and market growth. Source: New feed