Welcome

The real estate world is in flux. With foreign investment rules evolving, tax rates changing and mortgage interest rates fluctuating, there are many market factors impacting luxury buyers and sellers. But if there’s anything we’ve learned from this year, it’s that buyers are still purchasing properties they consider well-priced, that offer potential for investment and feature the perks that have become synonymous with the high-end lifestyle.

The Berkshire Hathaway HomeServices network continues to bring luxury transactions together seamlessly, with its strong financial footing and steadfast commitment to the core values of trust, integrity, stability and longevity.

In our annual luxury report, we explore how buyers in the United States are taking advantage of currency fluctuations and are looking to dream destinations like Spain and Portugal to find their slice of paradise. Even though Golden Visa opportunities have scaled back in some countries, the demand for luxury properties abroad remains strong.

Stateside, we are seeing these changes impact local markets, too. In Los Angeles, where a new mansion tax has been implemented, savvy buyers and sellers have come up with ways to lessen the burden.

The post-frenzy inventory increase we’ve all been waiting for hasn’t materialized. Areas of the market that got a boost from the Covid-19 work-from-home culture—namely the Caribbean and second-home markets like Aspen—have cemented themselves as permanently popular second-, third- and fourth-home locales for the wealthy. While these dreamy destinations remain strong, luxury buyers are showing an increased interest in cities, too, as they go back and forth to their offices.

What all this means is that despite a somewhat unclear economic future, and some geopolitical unknowns, we haven’t seen the market dip significantly, even in the super-luxury sector. We may not be seeing the sight-unseen bidding wars of years past, but well-priced, well-staged, well-equipped and well-located homes are moving and they’re demanding a premium.

And when it comes to trends in those homes, we’ve seen sustainability in design and decor, wellness at home and the trend of “quiet luxury”—rather than flash— become permanently inscribed on the wish lists of high-net-worth buyers.

Luxury houses are available in more places than ever before, and we’re here to help.

Christy Budnick CEO, Berkshire Hathaway HomeServices

Super-Luxury Soars, Defying Economic Slowdowns

The Low Inventory Factor: Post-Peak Global Sales and Pricing Stay Stable

Hooked on Europe: Regulation Changes Won’t Stop Foreign Sales

Tax Facts: Changes Ahead For Homeowners

Buyers and Renters Still Sold On Caribbean Vacation Homes

Interstate Migration Made Easier

The Hottest New Amenity Could Be Proximity to a Private Airport

Despite Some Scaling Back, 'Biohacking' and Other Wellness Amenities Rise to the Top

Luxury Hits Home