Will new tax on ultra-luxury NYC homes derail red-hot demand?
The proposed tax would apply to second homes valued above $5 million, with higher rates for properties exceeding $15 million and $25 million.
Luxury Real Estate
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NYC ultra-luxury market surges amid global unrest
One Manhattan broker is seeing more families relocating from Dubai, which experienced an enormous post-COVID market surge.
What Washington state agents are seeing with new ‘millionaires tax’
The law imposes a 9.9% tax on annual income above $1 million, with implementation expected in 2028 pending legal challenges.
First fully rebuilt Palisades home testing post-fire demand
The listing arrives as rebuilding activity gains traction, with roughly 650 permit approvals to date and nearly 475 burned lots having traded.
DeCaro Auctions expands executive team
New appointments include chief operating officer, chief marketing officer and head of global alliances and partnerships.
Florida Agency Network partners with law firm to launch OL Title
The venture will focus on commercial real estate and high-end residential transactions across Florida, leaders said.
Engel & Volkers: Next generation of luxury homebuyers ready to make their mark
The report found that 77% of participants save at least $1,500 per month, indicating a focus on long-term financial planning.
Florida’s Sandra Rathe Team joins The Real Brokerage
The team placed 159th nationally and 16th in Florida by sales volume, according to most RealTrends Verified rankings.
No exodus after all? Manhattan luxury market sales accelerate under Mamdani
With Zohran Mamdani mayor and debate over a possible city wealth tax or property tax increase, market data shows no sign of a luxury exodus.
Luxury Presence raises $37M to push CRM platform development
Luxury Presence’s new artificial intelligence–driven Presence CRM platform is scheduled to roll out in February.