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Luxury Market Swells With $1 Million-Plus Sales

The demand for luxury is staggering. According to the latest Luxury Home Index by realtor.com®, $1 million-plus transactions are up 25 percent year-over-year, with the average property snapped up in 105 days—a tighteni.....»»

Category: realestateSource: rismediaJul 12th, 2018

These were the 5 most expensive homes sold in Santa Clara County in Q1, as luxury sales jump 43%

The most expensive home sold in Santa Clara County in the first quarter of the year was completed just a few months ago on Pierce Road in Saratoga and dawdled on the market only 20 days before being snapped up for more than $10 million. All of th.....»»

Category: topSource: bizjournalsMay 8th, 2018

Luxury home sales on Oahu rise by 10% in June

Sales of luxury single-family homes and condominiums on Oahu priced at $1.5 million and above rose 10 percent in June, while the median price of those sales dipped to $1.8 million, according to a report from Coldwell Banker Pacific Properties.  There.....»»

Category: topSource: bizjournals2 hr. 30 min. ago

Wealthy Chinese consumers drive up price of luxury tea leaves

The surging price of oolong tea grown in eastern China’s Wuyi mountain range has transformed the fortunes of local farmers such as Chen Jingxi, who says he will earn the equivalent of more than $1 million this year from sales of rare roasted leaves......»»

Category: topSource: moneycentralJul 15th, 2018

Wealthy Chinese consumers drive up price of luxury tea leaves

The surging price of oolong tea grown in eastern China’s Wuyi mountain range has transformed the fortunes of local farmers such as Chen Jingxi, who says he will earn the equivalent of more than $1 million this year from sales of rare roasted leaves......»»

Category: topSource: moneycentralJul 15th, 2018

Luxury Home Prices Rising, Sales Booming

Luxury homes remain in high demand, driving prices up and selling quickly once they appear on the market. Here are 20 U.S. counties where luxury home prices rose the most in the past year......»»

Category: blogSource: 247wallstJul 15th, 2018

Medical Marijuana Sales Decline Continues In Colorado As Recreational Weed Disrupts Market

Medical marijuana sales continue to slide in Colorado. For the first half of 2018, revenue fell 21 percent year-over-year to $165.8 million. Recreational sales rose 14 percent to $573 million. read more.....»»

Category: blogSource: benzingaJul 14th, 2018

Flower Mound"s luxury market continues to sprout with this waterfront estate

Flower Mound’s luxury residential market is staying hot as a $2.5 million waterfront estate heads to the auction block. On Aug. 4, Elite Auctions will hold an auction without reserve for 1200 Noble Way, a 1.02-acre property with direct access to Lake .....»»

Category: topSource: bizjournalsJul 11th, 2018

Old fashion: Vintage boom buoys RealReal and jolts luxury labels

Second-hand fashion, once confined to thrift stores, is outstripping sales growth in the primary luxury goods sector, helping market leader The RealReal expand its business and prompting international labels to look at tie-ups......»»

Category: topSource: reutersJul 10th, 2018

Take a look at the area"s hottest real-estate deals in June (from $400,000 up to $28 million)

The real-estate market was hot in June, with 2,135 transactions recorded in Erie County. Among them were 99 high-end deals, defined as sales for $400,000 or more. The Erie County Clerk's Office has released its list of last month's transactions, a.....»»

Category: topSource: bizjournalsJul 6th, 2018

Manhattan home sales decline for the third consecutive quarter

Manhattan's luxury real estate is constantly being sought by either billionaire celebrity couples or wealthy CEOs. However, residential property trades in general are in decline. That's according to Douglas Elliman's recent "Manhattan Sales Market R.....»»

Category: topSource: bizjournalsJul 5th, 2018

SEC fines Wells Fargo Advisors over investment sales

The U.S. Securities and Exchange Commission on Monday said Wells Fargo Advisors LLC agreed to pay more than $5.1 million to settle charges of misconduct in the sale of so-called market-linked investments to retail investors......»»

Category: topSource: moneycentralJun 25th, 2018

SEC fines Wells Fargo Advisors over investment sales

(Reuters) - The U.S. Securities and Exchange Commission on Monday said Wells Fargo Advisors LLC agreed to pay more than $5.1 million to settle charges of misconduct in the sale of so-called market-linked investments to retail investors......»»

Category: topSource: reutersJun 25th, 2018

High end of luxury home sales on Oahu strong in May

The number of homes on Oahu selling for $4 million or more doubled to six last month, compared to three in May of last year, and there were more sales of homes for prices higher than $10 million in May than in all of 2017, according to a new report f.....»»

Category: topSource: bizjournalsJun 14th, 2018

These were the most expensive homes sold in Jefferson County in May (PHOTOS)

May was a strong month for luxury home sales, judging by the number of high-dollar homes sold in Jefferson County. Four homes sold for more than $1 million during the month, according to property record. Check out the attached gallery to see the 2.....»»

Category: topSource: bizjournalsJun 14th, 2018

Kering"s Gucci aims to hit 10 billion euro revenue threshold

FLORENCE (Reuters) - Italy's Gucci, the fashion brand fuelling a sales boom at Kering , said on Thursday it aimed to keep growing at twice the pace of the luxury market and aims to eventually reach 10 billion euros ($11.82 billion) in annual revenue......»»

Category: topSource: reutersJun 7th, 2018

A&B launching sales for luxury Kahala condo project, prices start at $9M: Slideshow

Sales of Alexander & Baldwin’s six-unit beachfront condominium complex on Kahala Avenue in Honolulu are set to start Thursday, with prices of the two-story units starting at just under $9 million. Alexander & Baldwin (NYSE: ALEX) recently applied f.....»»

Category: topSource: bizjournalsMay 30th, 2018

Tata Steel"s deliveries up 10.7% in FY18 against market average of 8%

The branded portfolio contributes 46% to the steel company's total sales, touching 2.5 million customers across the country.....»»

Category: topSource: business-standardMay 29th, 2018

Dream Homes: Mill District condo on the market for $4 million

If you love downtown Minneapolis and want to own a luxury condo, this could be the place for you.  The condo sits at the top floor of The Carlyle, unit No. 3901, at 100 Third Avenue S. in Minneapolis' Mill District. It's 3,123 square feet and has.....»»

Category: topSource: bizjournalsMay 21st, 2018

Itamar Medical reports record financial results for the first quarter, with 26% increase in revenue to $5.5 million and minimal operating loss

Company advances NASDAQ ADR registration First quarter 2018 highlights Maintained gross profit of 77% of total revenues Cash basis (non-GAAP) operating loss of $0.5 million Sharp sales growth in U.S. market for Test as a Servi.....»»

Category: earningsSource: benzingaMay 17th, 2018

Oahu luxury home sales soar in April, Coldwell Banker Pacific Properties report says

Sales of luxury properties on Oahu — defined as single-family homes and condominiums selling for $1.5 million and more — nearly doubled in April, when compared to the same month in 2017, according to a report by Coldwell Banker Pacific Propertie.....»»

Category: topSource: bizjournalsMay 15th, 2018