Luxury Real Estate

Boston’s international business boom equals more demand for housing

For Boston real estate agents scanning for the next wave of demand, the most important market signal may not come through mortgage rates or listings — but from where multinational corporations decide to plant their flag. Boston has been named the top U.S. city for foreign multinational business activity in the Financial Times–Nikkei Investing in […]

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Toll Brothers lifts 2026 delivery outlook as luxury demand holds

The late, legendary Bob Toll once laid bare the fact that he was personally incapable of installing a curtain rod in a living room, let alone knowing the first thing about building a home from the ground up. What Bob did intuit was that the second-floor walls of a typical 1960s two-story home could be

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New Luxury Presence platform combines AI tools and marketing

Luxury Presence has introduced a new technology platform designed to consolidate marketing, customer management and advertising tools into a single system for real estate agents. The product — called the Presence Platform — brings together several functions typically handled across multiple vendors, including customer relationship management (CRM), social media marketing, listing advertising and client engagement

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Compass agent launches Family Office Team, expands advisory model

A new advisory group focused on high-net-worth real estate clients has launched within Compass, expanding an existing network designed to serve family offices and multi-generational wealth portfolios. The initiative — called the Family Office Team — was founded by agent Cindy Scholz and builds on the firm’s existing Family Office Division, which provides access to

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Will new tax on ultra-luxury NYC homes derail red hot demand?

New York Governor Kathy Hochul is reversing course and throwing support behind a proposed annual tax on high-end second homes in New York City. Hochul, who had previously resisted the measure, now says affluent property owners — particularly those with multimillion-dollar second homes — should help shoulder the burden of growing revenue gaps. The proposed

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NYC ultra-luxury market surges amid global unrest

A potent mix of global instability and financial anxiety is supercharging demand for New York City’s priciest homes — even as broader luxury segments grapple with stubborn inventory shortages. HousingWire Data shows pending sales in the ultra-luxury single-family market — defined by a $4.3 million median price — surged 200% in the latest weekly period.

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What Washington state agents are seeing with new ‘millionaires tax’

Washington state is entering a new policy era with its “millionaires tax” — targeting high-income earners who shape the luxury real estate market. The law imposes a 9.9% tax on annual income above $1 million, with implementation expected in 2028 pending legal challenges. For real estate professionals, the policy could spell shifts in client behavior,

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First fully rebuilt Palisades home testing post-fire demand

Fourteen months after California’s Palisades wildfires destroyed nearly 5,900 homes, the first fully rebuilt residence has come to market, offering the clearest pricing test yet for post-fire demand. The newly built contemporary home — listed at just under $7.5 million — comes after the original was just one month from completion when it was destroyed.

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DeCaro Auctions expands executive team

DeCaro Auctions has expanded its executive team as the luxury real estate auction firm seeks to grow its international platform. The appointments come after Mario Vargas was recently named CEO. “Luxury auctions are about more than marketing reach. They are about relationships, strategy and execution,” said Vargas. “Each member of this team brings deep experience

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Corcoran Reverie, Housify form luxury valuation partnership

Florida-based Corcoran Reverie has announced an exclusive partnership with property valuation and analytics platform Housify. The platform draws on more than 15 years of transactional data, market trends and proprietary engineering to produce highly localized property valuations. Housify’s system analyzes multiple data sources — including local MLS information, county GIS records and property appraiser data

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