— blog —

Luxury Housing News

Storage for fine wine and champagne is increasingly demanded in luxury homes (via House Beautiful)

The Mandarin Oriental, Atlanta is at the forefront of trends and technology in luxury high-rise living. Below are links to three noteworthy real estate stories that caught our eye recently.

Luxury Home Market is on the Rise in 2017 by Alina Ptaszynski for Builder Magazine.

Excerpt:

“Luxury home prices rose 4.2 percent in the first quarter of 2017 compared to last year, to an average $1.65 million.”

The Most Expensive House in Beverly Hills is Going for $100 Million by Neesha Arter for House Beautiful.

Excerpt:

“Within the 20,500-square-foot house, there’s also a champagne ‘vault’ designed specifically to hold 170 gilded bottles of Cristal, People reports.”

High Demand: Condo & Townhome Sales Leave Inventory Shortage by Kathy Dean for Atlanta Intown.

Excerpt:

“As far as who’s buying the condos and townhomes in the area, Rodriguez said, ‘In the luxury segment, there’s always a large number of empty nesters, but we’re also seeing a lot more affluent Gen Xers and wealthy, older millennials.’”