Luxury Market News

The GOP Tax Plan Could Hit the Country’s Most Expensive Housing Markets

Pricey U.S. housing markets, from the New York suburbs to California’s coastal cities, could take a direct hit under the tax-reform bill released by House Republicans. Under the bill, mortgage interest would be deductible on loans up to $500...

Producers Eric Gold and Marcy Kaplan Pull in $14.8 Million for Beverly Hills Estate

Film producer Eric Gold, whose credits include “Scary Movie” and “Major Payne,” and his wife, actress-producer Marcy Kaplan, have sold their home in Beverly Hills for about $14.812 million. The Tudor Revival-style manor has been listed...

It’s Taking LA Luxury Homes Twice as Long to Sell: Report

Despite record-setting spec mansion listings, it appears that buyers in L.A.’s luxury market have pumped the brakes a bit. Luxury homes are sitting nearly twice as long on the market as they did in the same period last year, according to a n...

$35M is the New $25M and $100M is the New $50M

The residential real estate market is strong. Sales are better than last year and continue to increase. However, asking prices are increasing at a faster rate than the economy. The question is, why? First, there is an abundance of developer-bu...

Breaking: Attractive Brokers Sell More Resi Real Estate

A study just confirmed what everybody already knew: that attractive residential brokers make more sales. In an industry known for blowouts and stilettos, a study published in the current edition of the Journal of Housing Research found that th...

Hollywood Hills Showplace Offers a View to Kill and More

This modern showplace, set on a hillside where “Diamonds Are Forever” screenwriter Tom Mankiewicz once made his home, exudes a sexy, understated vibe right out of a James Bond movie. On the ground floor, massive glass doors open to a three...

Meet Cyril Bijaoui of Westside Estate Agency and The Company Real Estate in Coral Gables

Today we’d like to introduce you to Cyril Bijaoui. Cyril, Please Share Your Story with Us. What City Did You Grow up In? Miami mostly although I was born in a small town in the South of France (Saint Raphael) and immigrated w...

WEA Micro Market Report | Q3 2017

Restoration Hardware Exec Gary Friedman Rakes in $19M on Home Sales

The home furnishing executive has taken a cue from his own playbook. Gary Friedman, the chairman and co-CEO of Restoration Hardware, sold his well-decorated Trousdale Estates home in Beverly Hills for $11.33 million last month, Variety reporte...