Sales of luxury homes fell 38.1% year over year during the three months ending November 30, 2022, the biggest decline on record, according to a new report from Redfin, a technology-powered real estate brokerage. That outpaced the record 31.4% decline in sales of non-luxury homes. Redfin’s data goes back to 2012. The luxury market and
Real Estate
Every style comes back sooner or later, they say, and this may well be the year we reawaken our passion for the early-20th century style called Art Nouveau. Popular between 1890 and 1910 during the Belle Epoque period, the short-lived style quickly became wildly popular as a reaction the academic art, eclecticism and historicism of
It’s not by accident that this Italian farmhouse near Rome seems to ooze antiquity and charm. The ivy-covered home occupies a bucolic site where historical artifacts dating to 200 B.C. have been uncovered. Surrounded by the Appia Antica Park, also known as the Appian Way Regional Park, the 5,000-square-meter (about 1.25-acre) property is hedged with
The story of New York real estate in 2022 was a tale of two markets. The year started in the best of times, as buyers signed record numbers of contracts in February and March. Then April rolled around, and the market began to shift. By fall, it seemed as if the worst of times had
Just the address, 3639 Diamond Head Road, speaks volumes. Like a designer label with high brand recognition, the landmark volcanic crater known as Diamond Head is a Hawaii destination that’s sought after, renowned and pricey. Diamond Head Road is a prized stretch of beachfront. Hawaii Life But unlike goods that can be reproduced, luxurious spots