Luxury Market News

Director Francesco Carrozzini Sells Contemporary Gem for $5.9 Million

Angular edges jut from the walls and ceilings of this contemporary home, which recently changed hands from Italian photographer-director Francesco Carrozzini to HATCHBEAUTY co-founder Ben Bennett. Carrozzini sold the house to Bennett last fall...

WEA Reads: LA Climbs to No. 2 in Global Real Estate Investment Behind London & More

Here’s what we’ve been reading around WEA offices this past week: LA climbs to No. 2 in global real estate investment behind London: JLL Commercial real estate in the age of #MeToo

WEA Micro Market Report | Q4 2017

WEA Reads: LA, NYC And Miami Lead US Housing Market Growth

The value of the nation’s housing stock grew by 6.5 percent to $31.8 trillion this year — with Los Angeles and New York City far outpacing the rest of the country’s top-valued metro markets and Miami landing at No. 4. The Los Angeles mar...

WEA Reads: Uptick in Socal Home Prices Matches All-Time High & More

Here’s what we’ve been reading around WEA offices this past week: Uptick in SoCal home prices matches all-time high Foreign inflows

WWD’s House of the Week: Former Lucky Brand CEO’s West Hollywood Abode

When they weren’t focusing on denim, former Lucky Brand chief executive officer Dave DeMattei and his partner Patrick Wade, who was chief creative officer at the retailer, appear to have kept themselves busy with their hobby of doing up house...

Big Money: How Miami Is Becoming a Haven for Rich Investors

As thousands of visitors flocked to Miami to look at priceless works of art last week, the Miami Downtown Development Authority pitched hedge funds managers and investors to move to South Florida’s financial center. Since 2013, the DDA has b...

L.A.’s Priciest Home Sales in November

On Bellagio Road, the home of late philanthropists John and Marion Anderson sold to a pair of limited liability companies for $11 Million less than the original asking price. Situated beyond the East Gate of lower Bel-Air, the Mediterranean-st...

California Home Prices Are Highest In 10 Years

As September came to a close, researchers noticed that the surge in Southern California real estate–although as booming as ever–has resulted in the highest home prices in 10 years. The Housing Surge In a recent study conducted by CoreLo...