‘Affordable Luxury’ Homes Lead Strong Sales in Los Angeles

This was an interesting read about the Los Angeles market as compared to the Las Vegas market. In LA last month, home sales priced between $2m-$3m were higher than any other price range. Homes with that value have been dubbed “affordable luxury homes” versus Las Vegas where any luxury home priced at a million or more are considered very high-end. As we continue to see CA as our lead feeder market, we can project that our luxury market will benefit and continue to rise.

Read the article here.

Written by: Fang Block
Published by: Mansion Global
Photo Credit: RON_THOMAS/GETTY IMAGES