Luxury Market News

Christie’s: Global Sales of Luxury Homes Cooled in 2016

Global luxury home sales cooled off in 2016 for the second consecutive year, even with a record number of homes selling for more than $100 million. A report released Wednesday by Christie’s International Real Estate shows that sales of homes...

Orlando Bloom Picks up A Relic of The ’60s in Beverly Hills

The ’60s are alive and well, and actor Orlando Bloom is getting in on the action. The actor just picked up a house that dates to 1959 in Beverly Hills for $7 million. The signature 1960s feature within the sleek modern interiors is a large w...

WEA Featured Agent: Ryan Burns

WEA agents are from the worlds of business, entertainment, academia, and, of course, real estate. They are an incredible group of agents that have a passion for business, architecture, and their local communities. This month’s featured agent ...

David Geffen Sells Malibu Home for Record $85 Million

The Music Mogul Had Hoped to Net $100 Million for The Property, Which Has Several Structures, a Swimming Pool and Spa, a Theater, a Gym and An Outdoor Living Room with Fireplace. For the cool price of $85 million, David Geffen has sold his oce...

Let the Selling Season Commence

Spring is here and so is the traditional start of the “selling season” for homes. Here is the current status of the market: Homes in the $1-4 million range are selling at a rapid pace. When priced right, they sell within 30-45 days and we ...

With Technology, Are Brokers Now Irrelevant?

Now that technology has taken over our lives, some people question the need for agents to be involved in real estate transactions. At WEA, we work in the high-end areas of Los Angeles, Malibu, and Miami and specialize in single-family residence...

WEA Micro Market Report – March 2017

WEA in the News: ‘Vampire Diaries’ star Kat Graham lists her tranquil retreat in the Hollywood Hills

Actress-singer Kat Graham, who appears in the supernatural series “The Vampire Diaries,” has put her gated home in Hollywood Hills on the market for just shy of $1.3 million. The Spanish-style two-story was built in 1927 and is reached thr...

WEA Reads: Homeownership Hits 50-Year Record Low

Homeownership Hits 50-Year Record Low BERKELEY, Calif. – March 27, 2017 – Over the past 10 years, homeownership rates in the U.S. stumbled, wiping out more than three decades of increases. Overall, the national homeownership rate dropped fr...