Luxury Real Estate Market Continues to Perform Better Than the Rest

High-end investors and luxury homeowners are smiling right now because they know that at the end of the day, this top tier market is the place to be. Headlines continue to confirm that the luxury real estate market is outperforming all other sectors of the housing market currently.

According to a recent Investors Business Daily news report, several agents are reporting increases in sales prices as a result of shrinking supplies and multiple offers, especially in sought-after areas such as Beverley Hills. Value is returning to mega-mansions in these desirable U.S. neighborhoods, and domestic and foreign buyers who have been patiently waiting are now making their move.

“And consumer confidence, while variable lately, is at least higher than it has been most of the past three years. Against that backdrop, higher-end buyers have started pulling out the checkbook.”

The high-end real estate market is not only seeing more action, it is literally driving the nation’s housing recovery. Buyers and sellers looking to make their own moves can call on the experienced agents at Hurwitz James Company, who specialize in multi-million dollar sales all over the world. Contact the Hurwitz James Company office in Beverley Hills at 888-681-5902.

 

Even with a price tag of $78.8 million, the Bradbury Estate, currently listed with Hurwitz James Company, is not expected to remain on the market too much longer. 

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Tour the Bradbury Estate During the Saturday Episode of LX.TV on NBC

The country is getting another exclusive peek into one of Bob Hurwitz’s trophy properties this Saturday on NBC. The upcoming episode of LX.TV Open House will feature the recently listed multi-million dollar Bradbury Estate in what Forbes magazine ranks as the most expensive zip code in the country.

LXTV will take viewers on a tour to see the exquisite European finishes and unbelievable amenities of the 8-acre luxury estate in Bradbury, California. From the magnificent master suite to the 2,000 bottle wine cellar to the temperature controlled trout pond, viewers will get a first-hand look at the luxurious lifestyle that can be achieved with $78,800,000 and nearly 10-years of craftsmanship using the world’s finest materials.

For a taste of the rare, regal lifestyle at The Bradbury Estate, tune into NBC this Saturday, March 10, 2012. Check your local listings for specific details. Interested buyers who would like to learn more about the estate and schedule a showing with president of Hurwitz James Company, Bob Hurwitz, please call 888.681.5902.

Photos via Hurwitz James Company