Where are the largest concentrations of very wealthy in the U.S.? Here are the top 10 cities based on the count of Ultra High Net Worth (UHNW) Individuals as reported in the “World Ultra Wealth Report.” U.S. City Rankings Based... Continue reading

Ken is currently getting attention for listing a $1,000,000+ condo in Mountain View, CA for only one dollar. Continue reading

Looking for some inspiration for staging your listings? Remember that the home magazines can be a great source of ideas. Take a look at this short slide show on the House Beautiful website. While the magazine’s tips for accessorizing rooms... Continue reading

“In my 29 years of selling homes, I cannot recall ever attending a seminar so filled with pearls of wisdom. I am revived again!” That’s what Institute member Kelly Cobb from Long and Foster in Chapel Hill (NC), had to... Continue reading

Sven Andersen, an 11-year real estate veteran whose RE/MAX Leading Edge team serves buyers and sellers North of Boston, has a huge dilemma in his market – namely, a total lack of inventory. But it’s a good problem, he says. Continue reading

Indicative of the post-recession growth in the luxury housing market, The Wall Street Journal started October with the launch of its new Friday stand-alone print section -- “Mansion.” Continue reading

Few sales professionals can claim they’ve done something, anything, successfully 1,000 times in their career. But for RE/MAX Condos Plus Realtor Ania Baska, that’s the number of luxury condominiums in West Toronto’s Waterfront area she has sold over the course of her 17-year career... Continue reading

Although the Sarasota, Florida luxury home market hasn’t been immune to the downturn most other markets have endured, Nicki Conway of RE/MAX Alliance Group thinks her market is poised for a distinct turnaround... Continue reading

The summer temperatures aren’t the only thing rising in Paradise Valley, Arizona, a unique luxury home market that’s primarily made up of 1 acre-plus estates... Continue reading

Unlike the luxury home markets on each coast, Arkansas has its own unique blend of estates and luxury properties that luxury broker Ida Fineberg of Steve Fineberg & Associates points out, “you simply get more for your money here – about ten times more.” Continue reading

When it comes to knowing the ins and outs of the New Hampshire luxury home market, Institute member Link Moser of New Hampshire Fine Homes, has no trouble reciting just about every relevant statistic and data point there is to know about this market. Continue reading

Based on the 2010 Census (not released until almost the end of 2011) these are the most current stats available... Continue reading

(Video) The Financial Times reports on Miami's foreign cash fueled turn-around: Residential sales are up nearly 24 per cent for the first half of the year following a record 2011 sales season. Christopher Booker reports on how one of the hardest hit US housing markets has been reignited by foreign cash buyers. Continue reading

It’s time again for our Marketing Awards Contest which is open to attendees of our annual Leaders In Luxury event. There’s still time to enter. The deadline is September 24th, so start preparing your entry now! In the meantime, we... Continue reading

A peek at the trend of super-tall buildings for super-rich residents (video) Continue reading

Ever wonder what the your favorite celebrities’ kitchens look like? Whether it’s Ellen DeGeneres, Diane Keaton, Elton John or Lance Armstrong (and more), Architectural Digest has assembled quite a pictorial of their luxury kitchens. Continue reading

Statistics are one thing, but for an incredibly unique market such as the Silicon Valley where a high percentage of luxury homes never even hit the MLS, having the insider’s view and contacts is of paramount importance. That’s why we turned to Institute for Luxury Home Marketing member Dawn Thomas, broker associate of The Dawn Thomas Team to give us an up-to-the-minute pulse of what’s happening in her market. Continue reading

Has the recent Facebook IPO driven this market’s luxury home prices off the charts as some expected? Continue reading

While three countries – the U.S., Japan and Germany – account for more than 53% of the world’s population of High Net Worth Individuals (HNWI), you will find wealthy households all across the globe. Look at the distribution by region,... Continue reading

If you are seeing an increase in luxury buyers in your market, there are at least two good reasons why. The number of worldwide wealthy has recovered from the 2008 downturn, when the number of HNWIs plummeted from 10.1 million... Continue reading

Margaret Kelly, CEO of RE/MAX - "At RE/MAX, we’ve crunched the numbers, and without a doubt, education matters when it comes to productivity. In fact, last year, RE/MAX agents who held a CRS designation averaged $22,000 more in commissions than the overall RE/MAX average commission; CDPEs earned $15,000 more; ABRs $10,000 more. RE/MAX agents who held the CLHMS earned an astonishing $100,000 more on average!" Continue reading

Over the next several blog posts we’ll be taking a look at the latest research on the wealthy around the world. In anticipation of that, here are a few accepted definitions of wealth and some research details which will clarify... Continue reading

LIGHTS! CAMERA! ACTION! Here’s a chance to possibly make your star client a real-life, reality star on television! Those of you who attended the Leaders In Luxury program in 2007 in Santa Fe may recall one of our featured speakers,... Continue reading