Luxury Homes made more expensive by new zoning restrictions.
With some cities tightening zoning rules, unique homes that predate the code revisions may have an edge in the resale market.
Although the trend to build mega-mansions and mini-mega-mansions has subsided, various cities are enacting new zoning restrictions against them. It would seem that these new restrictions are actually boosting the resale values of the existing luxury homes.
$195M can buy America’s most expensive home – Asbury Park Press
http://news.google.com Thu, 19 Mar 2015 03:35:51 GMT
Asbury Park Press$195M can buy America’s most expensive homeAsbury Park PressWhile surfing the Web for a home to feature in this week’s installment of “Mansion on the Market,” I stumbled across the most expensive home in America. The pictures are amazing, but the $195 million price tag is even more mind-blowing. Welcome to theï¾ …
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Canadian Baby Boomers are Fuelling Luxury Home Sales – KelownaNow
http://news.google.com Wed, 08 Apr 2015 14:17:55 GMT
KelownaNowCanadian Baby Boomers are Fuelling Luxury Home SalesKelownaNowAccording to a new report, baby boomers are driving the real estate market when it comes to luxury housing. The study examined generational variances in Canada’s largest urban centres including Vancouver, Calgary, Toronto and Montreal.Canada’s luxury home market driven by baby boom generationCBC.caBoomers drive real estate market for luxury housingThe Globe and Mail (subscription)Baby boomers fuelling sales of luxury homes i …
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Proposed Rhode Island taxes on luxury homes, house rentals under fire – The Providence Journal
http://news.google.com Wed, 08 Apr 2015 03:29:16 GMT
Proposed Rhode Island taxes on luxury homes, house rentals under fireThe Providence JournalPROVIDENCE, R.I. — Commerce Secretary Stefan Pryor appeared at a packed hearing of the House Finance Committee Tuesday night to defend Governor Raimondo’s proposals to introduce a state property tax for luxury second homes and a private homeï¾ …and moreï¾ Â»
