Tag Archive | “institute for luxury home marketing”
ILHM: “Luxury Segment has been Leading the Recovery”
In response to a June 27 Real Estate Economy Watch article asserting that for the first time since the Institute for Luxury Home Marketing began tracking upper tier market trends in 2008, its Market Action Index hit the threshold that separates buyer’s and seller’s markets earlier this month, ILHM Founder Laurie Moore-Moore points out that he luxury segment has actually been LEADING the recovery for more than a year.
Continue reading…Zillow: Luxury Homes Lead Inventory Declines
Thursday, June 13, 2013
Zillow reported today that the greatest year-over-year decreases in inventory have been among more expensive homes, with the availability of top-tier and middle-tier properties each falling 15.7 percent year-over-year. The number of bottom-tier properties for sale on Zillow nationwide fell only 2.5 percent in early June compared to June 2012.
Continue reading…Luxury Prices Lag Lower Price Tiers
Thursday, May 23, 2013
For nearly two months, through the heart of the spring buying season, the Institute for Luxury Home Marketing’s Market Action Index has stayed stuck at 29, one point below the official level designating a seller’s market.
Continue reading…Hottest Market Sales Going for a Premium Over List Price
Saturday, February 23, 2013
How long has it been since you heard the words “sold at a premium over asking price?” For the past six years, sales prices ended up somewhere south od list prices by at least five percent. Now, in the markets where the recovery is hottest, sellers are increasingly experiencing multiple bid scenarios and buyers are pre-empting the competition with offers over list price that stir up memories of the boom years.
Continue reading…Luxury Sales Approach Sellers’ Market
Tuesday, February 19, 2013
Top tier properties are getting close to ending their multi-year buyers’ market and quickly reaching a more equal balance between buyers and sellers, catching up with less expensive homes.
Continue reading…Luxury Homes Selling Faster
Tuesday, May 24, 2011
Luxury homes have been spending about 16 percent less time on market since early March even though inventories have been rising, which is normal during the Spring buying season, according to the latest weekly report from the Institute for Luxury Home Marketing.
Continue reading…Buyers’ Selection of Luxury Homes Grows
Tuesday, March 8, 2011
Inventories of homes for sale for over one million rose above 30,000 nationally last week according to the Institute for Luxury Home Marketing’s weekly housing report.
Continue reading…
Wednesday, July 10, 2013
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